Federal Tax Lien on Auction Property
I am looking at purchasing a house via online auction. It states the seller will "pay delinquent property taxes and any delinquent HOA assessments in accordance with the applicable Purchase Sale Agreement."
It also had a title report for bidders to review. The property had mortgage recorded in 2009 and has a senior 90k federal tax lien from 9/7/2010--- per this clip from the IRS website, and it being over 10 years, would that mean I'm safe?! This is a first for me (buying online auction). I may take title report to title company for them to review and advise. (I have NOT placed a bid yet- still completing due diligence).
