What is the name of your state? California
Hi,
I was planning on buying a house from a friend that has a tax lien against it, which would come out of the money paid for the house. He's telling me that he's been told that the house can't be sold (not sure if he was told be an accountant, IRS, or attorney, but I believe it was an accountant) because of the lien.
Is this true? Is there any situation where you can't buy/sell a house with a lien, when you're willing to pay off the lien? The total was around $340k, ~$70k of which would go to the IRS.
I know he wants the money and not the house, so I believe that he's being honest with me -- but I'm not sure if he's getting the best info from whoever he's talking to.
I do know the lien is very recent, within a few months, for back taxes, if that makes any difference.
Thanks in advance for any tips or info!What is the name of your state?
Hi,
I was planning on buying a house from a friend that has a tax lien against it, which would come out of the money paid for the house. He's telling me that he's been told that the house can't be sold (not sure if he was told be an accountant, IRS, or attorney, but I believe it was an accountant) because of the lien.
Is this true? Is there any situation where you can't buy/sell a house with a lien, when you're willing to pay off the lien? The total was around $340k, ~$70k of which would go to the IRS.
I know he wants the money and not the house, so I believe that he's being honest with me -- but I'm not sure if he's getting the best info from whoever he's talking to.
I do know the lien is very recent, within a few months, for back taxes, if that makes any difference.
Thanks in advance for any tips or info!What is the name of your state?