The home of your dreams comes with a caveat — in the form of a property tax lien — and you’re not sure what to do. Friends and real estate agents have told you to consider the lien a red flag and move ...
Marriage, siblings, estates and family ownership can all lead to unwanted trouble from the IRS if property is owned jointly. Should one of those joint owners be indebted to the IRS, the tax agency can ...
A lien is a legal right, or claim, to your property acquired by a creditor. The purpose of a lien is to hold a property item — it doesn’t have to be a house — as collateral for a loan or debt. If you ...
A property lien can be either general or specific and voluntary or involuntary. A mortgage lien is a specific, voluntary lien. The priority of the liens on a property determines which debt will be ...
After a property owner receives a tax lien, it creates an opportunity for investors. You’re allowed to purchase the debt related to that property. To do so, you’ll need to participate in an auction ...