Are Federal Tax Liens Wiped Out By Foreclosure?

[@rieschaffer4005]

Great insight!!!

[@Ted-Thomas]

Glad you are enjoying it! Keep watching for more!

[@clusterprice8162]

Can u do a video on judgements

[@Ted-Thomas]

I can certainly add it to my list...thanks for watching!

[@SuperTexasking]

I bought house at HOA forcloser auction . House has federal tax lien. Will that go away.

[@Ted-Thomas]

Thanks for your question, Ted has experience with tax defaulted auctions, he recommends to contact an attorney - Ted Thomas Team

[@zaneallcashhousebuyer7712]

We did a title search on a bank owned property and a federal tax lien came back in the old owners name. How do we clear that one so we can close ?

[@Ted-Thomas]

The easiest way to clear a federal tax lien is to pay it… if you don’t want to pay it, then research and see if it is one of the federal liens that automatically drops off the property if there is a tax auction. I am not giving you legal advice, I am not an attorney, real estate agent, or CPA.

[@zaneallcashhousebuyer7712]

@@Ted-Thomas thanks for the videos' luckily for our situation it was a filing error! Lien cleared and onto closing!

[@LivingWatah]

How can I initiate the complaint to foreclose in NJ as the lien holder?

[@Ted-Thomas]

Thanks for asking, I do not understand your question. Can you re-ask it in a different way? - Ted Thomas

[@LivingWatah]

@@Ted-Thomas I need to start the foreclosure process in NJ

[@ChrisDesharnais]

If I purchase a tax lien certificate and the property owner does not redeem it, who does the foreclosure?

[@Ted-Thomas]

You will want to check the county rules or the state statutes to find out the exact process for the particular county you are working in before bidding at an auction so you are aware of the rules and processes for that county. In most cases, the foreclosure must be initiated by the tax lien certificate holder. The county may also specify the steps you need to take to make the foreclosure process comply with the state statutes. For more details about tax lien and tax deed investments check out this free mini-course tedthomas.com/gifts