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Updated about 9 years ago on . Most recent reply

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Nancy Nobles
  • Rome, GA
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Newbie Lien Question

Nancy Nobles
  • Rome, GA
Posted

My uncle quitclaimed me a home in need of repairs. I hired some contractors to do some work on it and get it ready to sell. It is now finished and ready to sell. Apparently My uncle got the property through a tax lien sale (i was told I'm in a non judicial state). The previous owner before my uncle had a $8,000 irs tax lien.. well actually two. THe other was from late 90s I blieve for around 14,000.  I was told the one that is older then 10 years is not enforecable however the lower value one is since it is not 10 years old.  Should my uncle pay it or do I need to or does it even stick to the property. If I decide to sell anyway and quitclaim to someone else at what point does someone has to pay. doesn't make sense everyone would be on line to pay.

I wish I would of came to this website sooner! Thanks all for help! xxoox

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Jay Hinrichs
Professional Services
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
Professional Services
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Nancy Nobles  if the IRS in fact has a lien on the property then they know about it or knew about it.

But really just open up escrow and get a title report.. that will tell you what needs to happen.. or you can quit claim it and its the next person's issues.

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JLH Capital Partners

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