What does it mean to take assignment of a tax lien?
I was inquiring to a 3rd party tax lien company, about a property I was interested. The reply was "You may take an assignment of our liens on this property and bring it to foreclosure if you’d like to try to acquire this property.. The payoff for an assignment on this property through the end of July 2009 is $…….." What exactly is the process, and what do I get out of it, other than forcing foreclosure.
Legal Reform Blogs
Filed under: IRS
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