2007-06-24 16:33:20 · 5 answers · asked by newbert 1 in Business & Finance ➔ Taxes ➔ United States
If you have questions regarding basic lien inquiries such as routine lien releases and lien payoff amounts, contact the Centralized Lien Unit by calling the toll free telephone number (1-800-913-6050).
2007-06-24 23:41:17 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Just go ahead and sell. Assuming that you'll realize enough cash on the sale to cover the lien there's no problem. The closing agent -- title company or attorney -- will pay off the IRS lien with the proceeds from the sale.
It might delay the closing for a couple of days while the closing agent verifies the total amount due to the IRS. You'll be asked to sign authorization so that the closing agent can get that information directly from the IRS. If you don't sign that authorization the deal will collapse and you won't be able to close.
This isn't all that unusual. You unload the house, the IRS gets their $$$, the buyer gets clear title, etc. If you have enough equity to settle the debt, it's the best possible outcome all around.
2007-06-25 00:46:19 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 2⤋
Call the building department of liens and see who put the lien on, how much it will cost, and where you have to pay. A lien can be put on by the tax office, or a contractor, or even an hourly worker who didn't get paid years ago.
2007-06-24 16:40:28 · answer #3 · answered by Nifty Bill 7 · 0⤊ 0⤋
You need to pay it. I think and I could be wrong. When I was in the process of selling a house that was inherited, there was a lien on it, when went to signing a check was cut to pay that lien off. You need to find out about this lein. It needs to be paid.
2007-06-24 16:37:51 · answer #4 · answered by CherishTheMoment 4 · 0⤊ 0⤋
pay your taxes immediately
2007-06-24 16:36:06 · answer #5 · answered by rpmp 2 · 0⤊ 0⤋