Posted on: 24th Sep, 2009 09:18 am
I have a tax lien, and we went through a offer to compromise. We have agreed to a payback of $68 a month for two years, which only comes to $1632. We plan on just paying it off as soon as we get the paperwork back from the IRS. The problem is that we were told the IRS could take up to 4 to 12 months before we get the paperwork back. We have the 433-A forms and offer in compromise periodic payment voucher that was issued. Is it possible to still get a mortage?
You may have difficulty in gettign a loan due to this tax lein.
See if you can call RS and see, if you can pay it now before the paper arrives and ask if it will show up on your credit report even after you pay it
See if you can call RS and see, if you can pay it now before the paper arrives and ask if it will show up on your credit report even after you pay it
Hi rreames,
I don't think lenders would be ready to give you a loan if they find that the property has a tax lien on it. You will have to clear off the tax lien first and then apply for a mortgage.
I don't think lenders would be ready to give you a loan if they find that the property has a tax lien on it. You will have to clear off the tax lien first and then apply for a mortgage.