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[+] ILLINOIS - have very old Cook County Plat book - Alix Ott/MI (4 replies)
9/16/2015 12:05:49 PM (2117 views)

NALTEA CONFERENCE CANCELLED - Wanda Steudel/OH
9/14/2015 11:32:16 AM (1632 views)

[-] pre-existing Federal Tax Lien question - Leigh Attridge/MA (13 replies)
9/12/2015 8:12:21 AM (2457 views)

 

I would be interested to get anyone's opinion about the following.

In Massachusetts, examiners have to run the names of  buyers for a ten year period prior to a sale looking for  IRS Federal Tax Liens or Comm MA Tax Liens recorded in the ROD.  The IRS, of course, believes that if a buyer has money for a new home then they should certainly have money to payoff their IRS liens first. 

So my question has to do with a 2015 foreclosure deed where Joe Blow was not named as the grantee in the foreclosure deed; but was named as the high bidder at the sale & then named again in the subsequent Assignment of Bid where he transferred whatever interest he had as high bidder to a limited liability company.  He is not a manager of the llc; but the managers are clearly family members as they all have the same last name. 

I found a Federal Tax Lien under his name from 2011 which is well within the time frame (2005-2015) & reported it as a possible title issue; but I cannot decide whether or not the IRS lien would have any effect as he never held a fee simple interest in the property.

 

 

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Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/12/2015 12:15:24 PM (1969 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/12/2015 12:46:12 PM (1996 views)
Re: pre-existing Federal Tax Lien question - Robert Franco/OH
9/14/2015 11:04:07 AM (1829 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/14/2015 1:19:15 PM (1889 views)
Re: pre-existing Federal Tax Lien question - Robert Franco/OH
9/14/2015 1:47:32 PM (1717 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/14/2015 2:01:18 PM (1670 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/14/2015 5:46:22 PM (1870 views)
Re: pre-existing Federal Tax Lien question - Michael Madden/RI
9/18/2015 1:34:39 PM (1582 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/18/2015 6:03:28 PM (1582 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/21/2015 5:30:33 PM (1529 views)
Re: pre-existing Federal Tax Lien question - Rita Killary/NY
9/14/2015 6:44:14 PM (1825 views)
Re: pre-existing Federal Tax Lien question - Michael Madden/RI
9/18/2015 1:41:03 PM (1542 views)
Re: pre-existing Federal Tax Lien question - Lynda Cooke/VA
9/22/2015 11:40:41 AM (1526 views)

[+] Altisource - Marcy Planer /LA (3 replies)
9/11/2015 12:48:30 PM (2700 views)

[+] Core Logic - Lucille Femine/TN (14 replies)
9/9/2015 6:04:13 PM (2639 views)




[+] Realmetrix Comes Through - jess barker/IL (8 replies)
9/9/2015 5:33:49 PM (2172 views)

[+] Amerisearch - Lisa Ramsey/TX (2 replies)
9/8/2015 6:26:14 PM (2398 views)

[+] How to look up titles online - Chris Leonard/GA (5 replies)
9/8/2015 4:35:02 PM (2245 views)

[+] Credit Line - Lisa Ramsey/TX (1 reply)
9/5/2015 10:58:06 AM (2194 views)

[+] SouthEastTitle and Processing -NON PAYER - Tamara Howard/FL (7 replies)
9/3/2015 9:56:47 AM (1996 views)

[+] Assuming non-Assumable mortgage? - Alix Ott/MI (4 replies)
9/2/2015 8:33:21 AM (1950 views)

Texas abstractors - Lisa Ramsey/TX
9/1/2015 12:33:31 AM (2079 views)

Applied Technology Resources - Paige Dunn/GA
8/30/2015 11:30:30 PM (2000 views)

Attention New England examiners upcoming conferences - Leigh Attridge/MA
8/26/2015 11:41:41 AM (1910 views)

Surveyors - Lisa Ramsey/TX
8/24/2015 8:10:29 PM (1634 views)


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