Posted on: 10th Sep, 2010 01:25 pm
I currently have a reverse Mortgage thru Wells Fargo I took out in 2008. I just re-negotiated with the IRS on a payment program which is a lower payment..for past due income tax. They now say they are going to lien my house.
Will this have any affect on my reverse with Well's Fargo?
Thank you
Will this have any affect on my reverse with Well's Fargo?
Thank you
Hi richardkam,
If you already have a payment plan with the IRS, then why are they putting a lien on your property? If there is a lien on your property, then you will have to pay it off asap in order to get reverse mortgage proceeds.
Thanks
If you already have a payment plan with the IRS, then why are they putting a lien on your property? If there is a lien on your property, then you will have to pay it off asap in order to get reverse mortgage proceeds.
Thanks