Do you have a home in the San Diego area with a tax lien attached to it and you need to get out from your underwater home by doing a short sale? Having a tax lien attached to your mortgage can be a tricky situation, however choosing the right short sale specialist to work with can make all the difference in the world when it comes to the successfulness of your short sale.
If the IRS has attached a tax lien to your home it’s impossible to get the short sale completed with the lien still attached. That’s where a short sale specialist comes in. They are able to negotiate with the lender and get them to agree to settle for less money than what is owed on the property, however the IRS will not negotiate when it comes to the tax lien and accepting less money. This doesn’t mean that you can’t do a short sale, though. By choosing an experienced short sale specialist that can effectively communicate with the IRS, they can work out a deal to get your tax lien removed and allow you to complete the short sale. The IRS probably won’t decrease the amount that you owe, however they will work with you and your short sale specialist to get the tax lien taken off of the house. They appreciate the fact that you are trying to avoid foreclosure by short selling you home and will attempt to help you any way they can deem necessary.
One thing to note, however, is that when working with them to get the tax lien removed from your property, they do require a lot of financial paperwork to be submitted to them. It’s important to ensure that all of your documents are organized and readily accessible so that you can submit them to the IRS when they are requested. This will expedite the process of getting your tax lien removed and allow to you close on your short sale sooner. It can be a challenging and complex process working with the IRS to get a tax lien removed from your home, but with help from an experienced short sale specialist, the process can work out successfully and allow you to short sale your home.