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Edna Terry
  • Real Estate Broker
  • Riverhead NY
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Buying Subject to with a person who has ta liens

Edna Terry
  • Real Estate Broker
  • Riverhead NY
Posted Feb 27 2016, 11:07

Good day beautiful investors, I have a situation where the owner of a condo has rented to a tenant & the owner moved to FL. Only to find that the IRS came to the house serving a Tax Warrant on the owner. The total of this lien is $30000. IRS has a lien on the condo. And the owner has no . plans to answer the warrant. Now the tenant and owner made contract to buy within a set time, how can the tenant buy the condo "creatively" from the owner? Can this be done as a subject 2 on the HUD 1?

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