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Question Concerning IRS Auctions
What does it mean in the IRS auction if they state "Only the right, title and interest of the Taxpayer in and to the property will be offered for sale." Is that saying that they are only selling the tax debt, but not the full property? Or, is it that they are selling the property, but all other liens will still be attached to the property? I am confused.
Here is an example of what I am questioning:
http://www.treas.gov/auctions/irs/lcwv_real_3184.htm