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[-] pre-existing Federal Tax Lien question - Leigh Attridge/MA (13 replies)
9/12/2015 8:12:21 AM (2899 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/12/2015 12:15:24 PM (3140 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/12/2015 12:46:12 PM (3178 views)
Re: pre-existing Federal Tax Lien question - Robert Franco/OH
9/14/2015 11:04:07 AM (2997 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/14/2015 1:19:15 PM (3080 views)
Re: pre-existing Federal Tax Lien question - Robert Franco/OH
9/14/2015 1:47:32 PM (2866 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/14/2015 2:01:18 PM (2830 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/14/2015 5:46:22 PM (3053 views)
Re: pre-existing Federal Tax Lien question - Michael Madden/RI
9/18/2015 1:34:39 PM (2753 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/18/2015 6:03:28 PM (2753 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/21/2015 5:30:33 PM (2675 views)
Re: pre-existing Federal Tax Lien question - Rita Killary/NY
9/14/2015 6:44:14 PM (2989 views)
Re: pre-existing Federal Tax Lien question - Michael Madden/RI
9/18/2015 1:41:03 PM (2699 views)
Re: pre-existing Federal Tax Lien question - Lynda Cooke/VA
9/22/2015 11:40:41 AM (2693 views)

Interesting question and good discussion.

I have zero experience with Massachusetts real estate and can only comment as this would affect Virginia property. 

You were right to report the judgment as a potential lien against the real estate. 

In my world, this would be a good judgment against the equitable interest of Joe Blow as to this property subject only to Joe Blow's obligation to pay the high bid price, any delinquent real estate tax, and any liens prior to the foreclosed trust. 

Absent anything to the contrary in the contract to purchase, equitable conversion took place on the signing of the contract to purchase at the auction.  Any increase in value or right to hold and convey transferred to Joe Blow and is subject to the blanket lien of the IRS.  The trustee/lender retained only legal title which, after the auction, was a personal property right. 

Obviously, there was record notice as to the IRS lien available.  My thoughts are the assignee took subject to the outstanding lien and is burdened by it.   

Good call on your part to report.  Well done.   

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9/11/2015 12:48:30 PM (3076 views)

[+] Core Logic - Lucille Femine/TN (14 replies)
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[+] Amerisearch - Lisa Ramsey/TX (2 replies)
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[+] SouthEastTitle and Processing -NON PAYER - Tamara Howard/FL (7 replies)
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[+] Assuming non-Assumable mortgage? - Alix Ott/MI (4 replies)
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Texas abstractors - Lisa Ramsey/TX
9/1/2015 12:33:31 AM (2413 views)

Applied Technology Resources - Paige Dunn/GA
8/30/2015 11:30:30 PM (2276 views)

Attention New England examiners upcoming conferences - Leigh Attridge/MA
8/26/2015 11:41:41 AM (2224 views)

Surveyors - Lisa Ramsey/TX
8/24/2015 8:10:29 PM (1910 views)

[+] Loan Processing Company of Kentucky - rhonda lippencott/TN (1 reply)
8/24/2015 10:22:45 AM (2564 views)

[+] title search dates - z j/CT (27 replies)
8/22/2015 12:06:00 AM (3066 views)


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