|
Foreclosure Forum |
|
|
Bought Tapes - Have QuestionIn a few weeks I am considering bidding on a property. It has a 31,000 second, and a 50,000 first. (The bid is on the second). After these two deed of trusts were issued in 1990 and 1992, the owner got IRS Business and IRS Personal Tax Liens of 80,000, much of it dating back to 1995. Given that the House is probably worth 550K, I think it is worth it. However, I am unsure of the IRS. If I pay off the first and second, how long does it take to get my money back if they take the property in the first 120 days? How often do they take property?
Follow Ups:
Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.
Copyright © 1997-2008, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455