sepia
07-31-2006, 03:26 PM
Hi all. I"ve been looking into a SFH (ARV $85k-$90k; $40 mortgage bal.; $20k-$25k repairs)that is a preforeclosure that is owned by heirs of a estate that was probated 2 years ago. Talked with one of the owners (son) along with the other two (daughter, step-son) which expressed interest in selling the house. He said it was almost sold but discovered throught a title search that the IRS has a lien on the house because the step-son has a past tax bill so the buyer backed out. Is there any way to do a short sale and satisfy the IRS lien? Can provide any additional info if necessary. Thanks in advance.