Federal Tax Lien
Anyone have any experience dealing with Federal Tax liens on a property you are trying to short sell? I am trying to short sell a property w/ a federal tax lien. The person the lien is on, is the ex of the person I am trying to do a short sale with and is no where to be found. Any comments on this would be helpful. Thanks Tim[ Edited by bgn2fsh on Date 06/24/2003 ]
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The lien goes with the property and as long as it is certified and rerecorded as needed will continue to haunt the property for many years. A quiet title suit may be able to clear this, but not much else can.
[addsig]
How old is the Lien?
Federal Tax Liens go away after 10 years.
You may want to go to your local Federal Tax Lien office and ask for a form to "release the lien." (I forget the exact name of the form) Maybe they'll negotiate?
It's worth a shot!
[addsig]
Can You file a quite title in your state.
This would clear their interest in the
property.
Can I file a quite title in Tennessee, that is where the property is located??
YES!
A quick internet search reveals that Quiet Titles are done in Tennessee.
if you search
"Quiet Title" +Tennessee
It will give you all the information and even name of law firms that do Quiet Titles.
Hope This Helps,
Mrs. Meltzer