foreclosure: IRS Liens and Foreclosures, WHAT A MESS!
- 02/15/12 04:51 PM
So I have a listing that has recently been assigned to me. I do my usual occupancy check and MLS search to see what information is in MLS. The home has previously been listed as an REO with a different agency in my town. I list the property, it goes under contract, 15+ offers later. In the 3 day timeframe it took to get an accepted offer, I find out the home was previously under contract and never made it to closing because of an IRS lien. Title confirms the home has a redemption period that could last until May. Interesting … (6 comments)
So I have a listing that has recently been assigned to me. I do my usual occupancy check and MLS search to see what information is in MLS. The home has previously been listed as an REO with a different agency in my town. I list the property, it goes under contract, 15+ offers later. In the 3 day timeframe it took to get an accepted offer, I find out the home was previously under contract and never made it to closing because of an IRS lien. Title confirms the home has a redemption period that could last until May. Interesting … (6 comments)
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