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[+] ILLINOIS - have very old Cook County Plat book - Alix Ott/MI (4 replies)
9/16/2015 12:05:49 PM (2769 views)

NALTEA CONFERENCE CANCELLED - Wanda Steudel/OH
9/14/2015 11:32:16 AM (2093 views)

[-] pre-existing Federal Tax Lien question - Leigh Attridge/MA (13 replies)
9/12/2015 8:12:21 AM (3018 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/12/2015 12:15:24 PM (3491 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/12/2015 12:46:12 PM (3549 views)
Re: pre-existing Federal Tax Lien question - Robert Franco/OH
9/14/2015 11:04:07 AM (3348 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/14/2015 1:19:15 PM (3418 views)
Re: pre-existing Federal Tax Lien question - Robert Franco/OH
9/14/2015 1:47:32 PM (3225 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/14/2015 2:01:18 PM (3179 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/14/2015 5:46:22 PM (3402 views)
Re: pre-existing Federal Tax Lien question - Michael Madden/RI
9/18/2015 1:34:39 PM (3067 views)
Re: pre-existing Federal Tax Lien question - Leigh Attridge/MA
9/18/2015 6:03:28 PM (3097 views)
Re: pre-existing Federal Tax Lien question - Carol Clark/NY
9/21/2015 5:30:33 PM (3005 views)
Re: pre-existing Federal Tax Lien question - Rita Killary/NY
9/14/2015 6:44:14 PM (3336 views)
Re: pre-existing Federal Tax Lien question - Michael Madden/RI
9/18/2015 1:41:03 PM (3040 views)
Re: pre-existing Federal Tax Lien question - Lynda Cooke/VA
9/22/2015 11:40:41 AM (3078 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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[+] Altisource - Marcy Planer /LA (3 replies)
9/11/2015 12:48:30 PM (3194 views)

[+] Core Logic - Lucille Femine/TN (14 replies)
9/9/2015 6:04:13 PM (3178 views)




[+] Realmetrix Comes Through - jess barker/IL (8 replies)
9/9/2015 5:33:49 PM (2655 views)

[+] Amerisearch - Lisa Ramsey/TX (2 replies)
9/8/2015 6:26:14 PM (2913 views)

[+] How to look up titles online - Chris Leonard/GA (5 replies)
9/8/2015 4:35:02 PM (2819 views)

[+] Credit Line - Lisa Ramsey/TX (1 reply)
9/5/2015 10:58:06 AM (2736 views)

[+] SouthEastTitle and Processing -NON PAYER - Tamara Howard/FL (7 replies)
9/3/2015 9:56:47 AM (2666 views)

[+] Assuming non-Assumable mortgage? - Alix Ott/MI (4 replies)
9/2/2015 8:33:21 AM (2476 views)

Texas abstractors - Lisa Ramsey/TX
9/1/2015 12:33:31 AM (2521 views)

Applied Technology Resources - Paige Dunn/GA
8/30/2015 11:30:30 PM (2390 views)

Attention New England examiners upcoming conferences - Leigh Attridge/MA
8/26/2015 11:41:41 AM (2311 views)

Surveyors - Lisa Ramsey/TX
8/24/2015 8:10:29 PM (2038 views)


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