Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Doog E.
0
Votes |
1
Posts

Sheriff's Sale - Federal Tax Lien ?'s

Doog E.
Posted

Hi everyone! Long time reader, first time poster. I found a property I'm interested in and I have some questions. The property is available via Sheriff Sale in Texas. While doing research, I found several "Notice of Federal Tax Lien" records. The unpaid balances on these far outweigh the value of the real estate. I should note the real estate is a small tract of land with no structures. 1) Do the Federal Tax Liens transfer to me if I buy the property at the Sheriff Sale? (I would receive a Sheriff's Deed w/ no warranty) 2) If so, how do I clear the Federal Tax Liens? I'm under the assumption that the Federal Tax Liens do transfer, but the IRS can't expect to receive such a large amount for that particular tract; therefor, what steps are necessary to resolve the liens? Thanks in advance.

Loading replies...