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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] IRS R.O.R. Posted by Kevin on April 01, 2002 at 3:33 PM Hello Ward, In your experience, have you known the IRS to gauge FMV on the Assessor's information, or comp's in the area? In several posts, I know you suggest contacting the IRS with a $1K offer to avoid the 120 day ROR period. I'm looking at a TS as a second/vacation home, so I may wait for the 120 days to pass. Yes, if I do wait the 120 days, I know, from researching posts regarding ROR's, not to perform any improvements prior to the 120 days passing. Do you suggest paying property tax liens during the 120 days? I know the IRS, if they choose ROR, will pay highest bid, and 6% interest. What about the property tax liens? Have you heard of IRS reimbursing the property tax paid after TS by the high bidder? Thanks for any information you can provide, Kevin Follow Ups: IRS and their Right of Redemption process. Ward-CA- 8:41 PM, 04/01/02 (2) Re: IRS and their Right of Redemption process. Sean Wagle 11:55 PM, 04/01/02 (1) Re: IRS and their Right of Redemption process. Ward-CA- 7:00 AM, 04/02/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hello Ward, : In your experience, have you known the IRS to gauge FMV on the Assessor's information, or comp's in the area? In several posts, I know you suggest contacting the IRS with a $1K offer to avoid the 120 day ROR period. I'm looking at a TS as a second/vacation home, so I may wait for the 120 days to pass. Yes, if I do wait the 120 days, I know, from researching posts regarding ROR's, not to perform any improvements prior to the 120 days passing. : Do you suggest paying property tax liens during the 120 days? I know the IRS, if they choose ROR, will pay highest bid, and 6% interest. What about the property tax liens? Have you heard of IRS reimbursing the property tax paid after TS by the high bidder? : Thanks for any information you can provide, : Kevin Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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