Tax Lien

A tax lien on your home or property can be crippling when you want to sell or refinance. If you qualify, we can negotiate to have the tax lien lifted which will allowing you to refinance or sell. Allow our professional staff to negotiate a settlement of the tax debt and then use the equity in a property to pay off your IRS tax debt.

By contacting National Tax Solutions we can help determine if your circumstances allow for this type of relief.

From the IRS:

If there is a federal tax lien on your home, you must satisfy the lien before you can sell or refinance your home. There are a number of options to satisfy the tax lien. Normally, if you have equity in your property, the tax lien is paid (in part or in whole depending on the equity) out of the sales proceeds at the time of closing. If the home is being sold for less than the lien amount, the taxpayer can request the IRS discharge the lien to allow for the completion of the sale.

Taxpayers or lenders also can ask that a federal tax lien be made secondary to the lending institution’s lien to allow for the refinancing or restructuring of a mortgage. The IRS currently is working to speed requests for discharge or mortgage restructing to assist taxpayers during this economic downturn.
Source: http://www.irs.gov/newsroom/article/0,,id=201881,00.html

If you do not address your tax problem you will be at a huge disadvantage if you needed to act quickly. Don’t hesitate to contact our office. Call Today 800-712-7200. Let’s make sure to protect your rights as a taxpayer. Why is there a tax lien filed?