Saturday, August 25, 2007

query: mortgage lenders who accept IRS liens

Mortgage lenders who want first position will NOT accept an IRS lien that takes priority over their lien position.

We consider IRS liens as valid for 10 years and 30 days. IRS liens penetrate tenancy by the entireties and they attach to after acquired property.

You may want to contact lenders who are willing to take second position. Tell them about the IRS lien up front to no one wastes their time.

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