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Updated over 4 years ago,
Purchasing Tax Lien Property in Colorado that also has IRS Lien
Hello All,
It's my understanding that a county tax lien has priority over any other liens---so basically everything else is wiped out. I'm looking to purchase a tax lien property from another investor. The property is located in Colorado and has multiple judgments, a deed of trust, as well as an IRS tax lien against it. Can anyone advise as to whether these all get wiped out from the county tax lien? I'm looking to purchase the property and will apply for treasurer's deed in October. Then will likely proceed with quiet title action as there is sufficient value in the property to make it worthwhile. Perhaps @Wayne Brooks could respond?
Thanks!
Kevin