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Foreclosures

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Robert Taylor
  • Broker, Investor, Property Restorer
  • Fox Point, WI
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288
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Buying at sheriffs sale with possible IRS lien

Robert Taylor
  • Broker, Investor, Property Restorer
  • Fox Point, WI
Posted Jul 1 2013, 20:35

I've bought quite a few properties at the sheriffs sale but have never had to deal with one with the dreaded IRS involvement. I have a title guy I work with who will be letting me know if there is an IRS lien on the property, but they did list the IRS as an "added defendant" (their term for anyone else that has a claim against whoever's being sued for foreclosure) so I'm assuming these people owe something to the IRS, not related to the foreclosure of their home.

Anyone here dealt with IRS liens on properties sold at the sheriff's auction?

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