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Foreclosures

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Mac Bradley
  • Appraiser
  • San Antonio, TX
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Texas foreclosure with IRS lien

Mac Bradley
  • Appraiser
  • San Antonio, TX
Posted Aug 3 2008, 10:48

I bought a HSE at foreclosure with an IRS lien on it. The IRS says they have 120 days to redeem the property. Does anyone have experience with whether they are currently redeeming properties in Texas. I have submitted a request for release. How long does it usually take for the IRS to determine if/when they will release the property.
Bottom line is: What are my odds that they will redeem this property?

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