Someone said on another topic that some properties you actually buy rather than the tax lien, depending on the state, does anyone know what states these are?
This can be very confusing and most do not know the difference. This is Greg W Anderson and the ALG Academy’s mini explanation between the two. Want more info? Go to www.americanlandgrab.com.
What should I do about new owners. I did not find out about the lien until after the sale. Will the IRS transfer it to me or will they make the title company pay it?
The current tenants, (my neighbors), cannot afford to purchase this house, the house I grew up in, and they offered it to me before it would go to the county treasurer and they would sell it on the market for 10x what they will sell it to them for.
I would like to purchase it, have the money, but the county says they will only sell it to my neighbor, and only in my neighbors name, however I could be a lien holder by putting the money up for the house and making a mortgage contract. My neighbor has already expressed to me that he has no intention of buying it, and in fact plans on moving. The county came up with the plan for me to put up the check, and place a mortgage lien against the title (this would protect my interest in the property). At this point, my neighbor says he would just sign over the title to me and I could charge off the loan. This sounds straightforward enough (jumping through the county’s hoops), but would there be any problems that could arise from this?
My neighbor is a good guy, and I explained that to him, but that I still need to financially protect my interest, and he is fine with that. It comes down to:
Is it legal? Would him signing over the title to me force the sale of the property (ideally I want to keep the property, and have the deed in my name). Can anyone else recommend a different way to approach this. The county is dead set on the requirement that the title be in his name.
I’ve seen many conflicting answers. I need to know if a Maricopa County tax lien certificate of purchase is subordinate to state and federal tax liens on a property.
Our business went down the tubes and we owed sales tax in Arkansas; the state filed a lien against me…is this still accumulating interest? I paid the original amount and asked to be forgiven the interest and penalty, never heard a word from them and after checking with the courthouse they never received notice from the state on any payment.
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