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Updated over 1 year ago on . Most recent reply

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Sterling White
  • Realtor
  • Joplin, MO
3
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7
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IRS Lien Far Out Values the Property, Options?

Sterling White
  • Realtor
  • Joplin, MO
Posted

Context: I have a potential seller that would like to off load a vacant lot (I already have a buyer). The problem is, there is an IRS lien on the property in the amount of $76k. Lots in this particular part of town go for around 12k - 15k on the high end. 

During my research, I learned about a lien discharge and form 14135.

 I have no issues with doing the legwork!

Most Popular Reply

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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
8,861
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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
Replied
Quote from @Sterling White:

Context: I have a potential seller that would like to off load a vacant lot (I already have a buyer). The problem is, there is an IRS lien on the property in the amount of $76k. Lots in this particular part of town go for around 12k - 15k on the high end. 

During my research, I learned about a lien discharge and form 14135.

 I have no issues with doing the legwork!

How much time, effort and expense can you afford to expend on a $12k property?
  • Don Konipol
business profile image
Private Mortgage Financing Partners, LLC

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