Sell My Home In Philadelphia with a Tax Lien
As a property owner you have many responsibilities. If one of these involves discovery of a Tax Lien filed towards your property, the IRS/State will make sure to get their share.
You may be behind on your real estate taxes with city of Philadelphia, who has recently contracted a collection company to collect the debt, but as long as your not more than 2 years past due you do not have to worry about a Philadelphia Sheriff Sale. There are too many delinquent home owners, but you may consider calling to arrange a payment plan or just sell your property in Philadelphia to us or an active investor.
First, the essential query:
- Are you selling, refinancing, or utilizing your property as collateral for a loan?
If you happen to answered “YES” to this query, it’s advisable to wait to pay that debt at closing of your settlement -if you intend on selling the property.
2. What’s a discharge or subordination and the way can it assist me promote or refinance my property?
Most likely that debt will be included in the settlement cost, either paid by you or the BUYER of your property .
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