Massachusetts Foreclosure Houses
Massachusetts Foreclosure Houses
Do i have to pay irs and mass liens if I buy a house at foreclosure that has liens on the deed?
I am interested in buying ahouse at a foreclosure sale but the deed shows a $70,000 IRS lien and a $50,000 Massachusetts lien as well as a town lien for back taxes. Since the liens are against the person who didnt pay his mortgage and is being foreclosed, if I were the next buyer would I have to pay them?
Federal, State and Local tax liens are superior liens to any mortgage liens. The liens would have to be paid. You did the right thing by researching the property a bit. Some buyers go in “sight unseen” and only find out after the auction that they’ve bought a lemon. Goood luck.
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