*The catch: he also has tax liens in HIS name, $ significantly above the value of property.He has not received a deed or transferred the property into his name.Question: Is he able to negotiate to pay off the 30k lien (without dealing with his own tax liens in his name), or sell the property (un-insured obviously) with the irs lien still attached?

Over the last few months I have noticed that I have not been receiving tax bills so I went to the township office to get a copy of my tax bill.

You can find a wealth of knowledge here.I don't know how long ago you inherited the property; however, when you inherited it I hope you made sure that you took advantage of the stepped up basis that you should have received.

I've represented banks on REO properties and have acted as a receiver.

Nevertheless, I closed on this property a couple weeks ago, and received a letter from the county assessor that they had no record of the grantor (in this case, Nationstar bank) being assessed to the property and that they had no record of a trustee deed being granted to the grantor.

The apt buildings are a place for residual income and they are long term ways to store wealth and receive income monthly.

The Articles also must include the name and address of a statutory agent, who can receive official notification of various things.

Lump sum prices may be paid on an option, depending on the source of funds from that tenant, but it may change the income qualifications to receive Sec 8, so it is difficult to meet the requirements and be within a reasonable purchase transaction for a property that meets Sec 8 rental requirements.

it is a conflict of interest. they don't care who's in the property as long as they get a body in there. and the investor gets screwed...it makes my blood boil.

I just received an email notifying me that the city is going to demo the property because it is hazardous.