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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] I think it's a long shot. Posted by Ward-CA- on June 25, 2002 at 5:31 PM In Reply to: Buying IRS ROR posted by brian on June 25, 2002 at 10:10 AM : Hi Ward, : I attended an auction this morning and watched a guy buy a home with an IRS lien on in for 8K. The house sold for 150 and is worth 190. I asked if he knew about the lien- he did. : My question is can I buy the redemption rights at a discount, reimburse the investor and obtain title? If so, do I have to have another auction? Is this worth persuing? : Thanks : Brian =================== Brian, I doubt the IRS will sell you their redemption rights. But I've never actually inquired about such a deal with them. So I'd call up the revenue agent involved and ask him/her directly. Good luck. Follow Ups: Re: I think it's a long shot. Mel 2:02 PM, 11/03/05 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Hi Ward, : : I attended an auction this morning and watched a guy buy a home with an IRS lien on in for 8K. The house sold for 150 and is worth 190. I asked if he knew about the lien- he did. : : My question is can I buy the redemption rights at a discount, reimburse the investor and obtain title? If so, do I have to have another auction? Is this worth persuing? : : Thanks : : Brian : =================== : Brian, : I doubt the IRS will sell you their redemption rights. But I've never actually inquired about such a deal with them. So I'd call up the revenue agent involved and ask him/her directly. : : Good luck. 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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