all-i’m a newbie…but have found a potential auction property that may be of interest…
it has a very large federal tax lien of $365K, and property tax lien of $10K +. The propertys’ assesed value is $156K.
My question is if I bid on this property, do i then become responsible for the federal tax lien of $365k?
or am i only responsible for whatever i bid on the property?
Anyone have experience with these types of property?