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Foreclosure Forum |
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Re: Big Problems - Please HelpIn Reply to: Re: Big Problems - Please Help posted by Jim on January 31, 2002 at 2:34 PM Maybe I should clarify. The bank had approved the mortgage and then found out about the lien. The approval is pending clearing up the title. The seller is meeting with the IRS tomorrow to discuss the issue. He's willing to put up some cash to get the lien discharged. What are the chances of the IRS accepting pennies on the dollar? How does the IRS calculate its interest?
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