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Buying & Selling Real Estate

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Chris Brown
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
70
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140
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Federal Tax Lien on Foreclosure

Chris Brown
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
Posted Dec 30 2015, 05:46

Good morning BP,

I am looking at a property in foreclosure that has a Federal Tax Lien recorded PRIOR to the recorded date of the first mortgage. In this scenario, the Federal Tax Lien would take priority, correct? SO if I bought this property at auction, I would be responsible for the Federal Tax Lien as well?

Thanks,

Chris

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