Your home and a tax lien – what should you do?

Tax liens

Tax liens

If you owe taxes, the Internal Revenue Service could file a lien against your home.  A tax lien is a document filed with the property records office where your deed is recorded.  A tax lien is placed in the public record so that if you try to sell your home, you must pay the tax lien in order to transfer clear title.  It is not just Uncle Sam that can place a tax lien on your home; most state and local governments have the authority to issue tax liens.

For more read the full article at “What to Do If You Get a Tax Lien on Your House

Image credit: Elvert Barnes