Is it possible to buy a home if you owe back taxes?

Is it possible to buy a home if you owe back taxes?

Yes, no, maybe... Let's find out!

Buying a home is the largest purchase most people will ever make.

It can be scary. It can be stressful. It will most definitely be difficult to pull off if you owe the IRS.

If you can pay cash for the home, it's yours. But, if you need a loan it's going to be a challenge.

Most people aren't in the financial situation to pay cash for a home. If they were, they most likely wouldn't owe back taxes... So, how can you pull it off?

When the IRS files a tax lien to prevent you from securing a loan...

It is actually filed within a county, usually, the one you're currently living in. Meaning, you can actually secure a loan elsewhere, in a different county.

The IRS doesn’t normally file a tax lien unless the liability is over $25,000.

It becomes a problem when financial institutions perform a credit search and find out the IRS has filed a tax lien over your unpaid debt. That’s the biggest obstacle if you owe the IRS a significant amount of money.

Here's everything you need to know...

The link below will take you to an in-depth article on ways you can go about buying a home if you owe the IRS.  100% Free Information.