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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] IRS redemption right Posted by Andy on June 25, 2004 at 12:02 AM Dear Ward, If the property is sold at trustee's sale and there was IRS lien also(junior from foreclosed loan). If the bid goes higher and there is enough money from the sale to pay the IRS loan, will the trustee pay remaining money to the IRS ? If yes, then does the IRS still have the right of 120 days redemption or not? Does the buyer needs to worry or not in such cases? Property is in CA State. Andy Follow Ups: IRS's right of redemption... Ward-CA- 1:54 PM, 06/25/04 (4) Re: IRS's right of redemption... Mer 4:34 PM, 06/26/04 (3) Re: IRS's right of redemption... Bill H 5:30 PM, 06/26/04 (2) Re: IRS's right of redemption... mike 1:35 PM, 02/14/05 (0) Re: IRS's right of redemption... Mer 12:43 AM, 06/27/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Dear Ward, : If the property is sold at trustee's sale and there was IRS : lien also(junior from foreclosed loan). If the bid goes higher and there is enough money from the sale : to pay the IRS loan, will the trustee pay remaining money to the : IRS ? If yes, then does the IRS still have the right of 120 days redemption : or not? Does the buyer needs to worry or not in such cases? : Property is in CA State. : Andy 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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