Yes, it is possible to sell a home that has a tax lien, but it can be more difficult and may require some additional steps. If you’re facing foreclosure, please contact us to understand your options. There’s never an obligation to sell or list with us when you contact us.
A tax lien is a legal claim that the government makes against a property due to unpaid taxes.
The lien must be paid off before the sale can be completed, so you will need to work with the buyer and the government to come to an agreement on how the lien will be satisfied. This may require some negotiation and may affect the sale price of the home. It is also important to ensure that all the proper paperwork and documentation are in order before the sale, so that the title can be transferred cleanly to the new owner.
Sell My House Massachusetts specializes in helping homeowners and families affected by foreclosure. When you sell to us, we will work with the city and state to clear your tax lien, with no money out of your pocket. Our main goal is to help you move on from a bad situation or problem property with minimal effort and cost.
If you have a property tax lien on your Massachusetts property, here are three tips that can help you clear it:
Pay off the lien:
The most straightforward way to clear a property tax lien in Massachusetts is to pay it off. This means paying the outstanding balance on your property tax bill, as well as any interest, penalties, or fees that have accrued. Once you’ve paid off the lien, the municipality will release it, and you’ll be free to sell or refinance your property.
Enter into a payment plan:
If you’re unable to pay off the entire lien at once, you may be able to enter into a payment plan with the municipality. This will allow you to make regular payments toward the outstanding balance, which can help you avoid additional interest and penalties. Keep in mind that you’ll need to stay current on your payments in order to avoid defaulting on the plan.
Seek legal assistance:
If you’re facing a particularly complex or difficult property tax lien situation in Massachusetts, you may want to seek legal assistance. A lawyer can help you understand your options, negotiate with the municipality on your behalf, and help you come up with a plan to clear the lien as quickly and efficiently as possible.