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Permalink Reply by Jim Schneider on March 15, 2012 at 3:03am

I do, although you want to team up with a tax attorney or accountant. Get documentation of the lien over to the mortgage company, generally they will agree pay something towards them, then you want to have the accountant or attorney asking for them to release the lien. They'll still owe the taxes but will likely get the release, and may end up owing less. Worth noting, is that I've heard that on an FHA loan (pfs sale) they won't start the process if their is a tax lien. I don't know that from first hand experience though.

Please come back and let us know how this went, along with who the servicer/investor/MI companies were. It's important to add to our database! 

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Permalink Reply by Jim Schneider on March 15, 2012 at 3:04am

Oh, also start on this tax lien right away, if I recall correctly it took 60 days for them to get the release. You can probably work on it even before you have an offer in place.

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Permalink Reply by Eric Simkin on March 17, 2012 at 9:48am

Get the seller to go into a payment arrangement with the IRS and they will likely lift the lien to clear title.

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Permalink Reply by Kevin - Greenville, SC on March 17, 2012 at 3:04pm

IRS Speeds Lien Relief for Homeowners Trying to Refinance, Sell

http://www.irs.gov/newsroom/article/0,,id=201343,00.html

http://www.irs.gov/pub/irs-pdf/p783.pdf

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