It has been noted that a lot of homeowners in Buffalo, NY refrain from placing their respective houses on the market due to owing back taxes. They believe that this type of sale is not permissible when facing such type of matter. The truth of the matter is that there are options available, no matter if you owe a lean to the IRS, local municipality, and/or other entity.
What Should Be Settled First?
If there is a pending tax lien, it has to be paid first before the house is placed on the market. This debt has to be settled first because liens extend to the value of one’s properties and financial holding.
Calculation of the Value of the Lien vs. Calculation of the Property Value
Verify the amount of taxes owed and then evaluate your property’s value. Compare figures in order to determine if your house’s value can pay the taxes owed. There is a high chance that you can make a sale if the value of your property can pay off the outstanding debt.
In the instance that your home’s value cannot pay for the taxes owed, a plan needs to be established to avoid further IRS-related steps. It is well-known that it takes approximately 68-days for a home to sell in Buffalo, NY, but if you find yourself in the aforementioned situation, acting fast is a must.
Sell Us Your House
Sell house even with back taxes to us and have one less worry. With us, the process is easy and rapid. Within 30-days, you can acquire the as-is cash. When you have the money in hand, you will decide how to pay the outstanding back taxes. We request the release-of-item form, which the lienholder and you must sign. After that is conducted, you may proceed to sign the transfer documents.
No matter the amount of taxes you owe, we can provide a good offer. We provide as-is cash and every payment is already in stock. No matter the condition of your house, a favorable amount can be acquired from us.
If you have any questions about the services we provide, do not hesitate to contact our customer service team. There is always a knowledgeable and friendly representative ready to assist!
Reasons to Sell a House Vary
There are some individuals who do not owe back taxes, but want to sell their respective houses in Buffalo, NY due to being outdated. In other instances, there are some individuals who have inherited houses, but have opted to not reside in them and thus end up selling them. There are even some people who just want to get rid of their houses to avoid further deterioration matters from arising. Whatever the reason is that you want to sell your house, do not hesitate to contact us first.
Always at Your Service!
Go ahead and get in touch with us so that we can start the process right away. Even if you owe back taxes, we are here to help in a timely fashion manner so that you can stop accumulating fees. Play it safe and deal with us. We are present, ready to assist!