Tax Liens showing on CRAs - want to refi

Submitted by Thundrd421 on Sun, 11/07/2010 - 19:44
Forums

We have two fed tax liens showing on all three CRAs. We are on a payment plan with the IRS. We want to refinance our home to pay off the IRS. How can we do this if our bank or any other lender would see these liens? Are we in a bind? Can we get these off?

John

I think it would best to work this out with your bank or a mortgage company. It is not impossible. All that matters is whether you have enough equity and the income to make payments.

Mon, 11/08/2010 - 11:22 Permalink

I have never heard about contacting your senator but you hired him why not.

I think that you should sit down with your/ any mortgage broker and go over the options.

but what about hiring a tax attorney? I thin that you can get a case evaluation for free. I don't know what the lien is for but they could get you a reduction. And You should do that before that cash is available for govt to grab.

Tue, 11/09/2010 - 00:35 Permalink