I am currently working with a couple who is selling their home as a short sale and there is a sizable IRS lien on the property.
We have approval on the deal and have about 30 days to get it closed, subject to the IRS lien accepting about 10% of what is owed. The homeowner is frustrated because all he ever gets at IRS is a recording and has not been able to talk to anyone.
I decided to little research of my own and learned that this situation is not new to the IRS and they actually have created a form and a process to accelerate the sale or refinance of a property in this situation.
For more information on this subject, visit IRS. The link to this subject is:
http://www.irs.gov/newsroom/article/0,,id=201343,00.html
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