Forgotten Your Password?

Need to Register?

Question Icon

Refinance With IRS Issues?

the IRS put a tax lein on my home for unpaid back taxes is it possible to refinance with the tax lein? by matt39 from Hollywood, California. Jun 21st 2010 Reply


Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions

It's possible if you pay it or arrange to pay it in a manner that does not adversely affect your debt to income ratio. It can be worked, but more info is needed. Call me to discuss. Gregorio Denny --WeFixRates.Com --

Jun 21st 2010
2
0
Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

You will most likely not be able to refinance unless the mortgage company (your new lender) is willing to be placed in second position (behind the tax lien) in the event of foreclosure. In this tough lending environment, your chances of refinancing without paying off the tax lien are very unlikely. However, if you do have enough equity to pay off the tax lien through the proceeds of the refinance, this may be a good option for you. Hope this helped.Best regards,Jason VondrakPresidentProspect Financial Group, Inc.www.prospectfgi.com

Jun 21st 2010
0
0
Matt Davis (Matt Davis)
#151 ranked lender in California - 52 contributions

Hi Matt,There are a few factors that might make it possible. It only takes a few minutes to clearly explain what could be the best option for you.Feel free to call or email me at Matt@PierWestCapital.com or 888-PierWest (743-7937) X 701Best,Matt Davis

Jun 22nd 2010
0
0
Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions

The lien will need to be removed prior to funding. If you don't have the funds you may work out a payment plan to get it removed. .... Happy funding, Rudi

Jun 24th 2010
0
0
Subscribe to our news feed.