The Real Estate Professional

29Feb/0820

Foreclosure consequences

Foreclosure consequences

After the Foreclosure Hearing in which the Clerk of Superior Court approves the sale of the property being foreclosed, the Trustee will hold a Foreclosure Sale at the county courthouse in which the property is located.  At the Foreclosure Sale the Trustee invites offers to buy the property from those in attendance and then accepts the highest bid.  The highest bidder is bound by his offer the moment it is accepted. 

After the Foreclosure Sale, there is a 10 day upse

26Aug/0711

Want Saving in Real Estate Tax? Take Help From Tax Solutions Group

Want Saving in Real Estate Tax? Take Help From Tax Solutions Group

As per many IRS agents the most powerful tools for tax collection available to IRS are IRS liens. The IRS gets a very good share in almost all the property of the person by filing a IRS tax lien and so the problem emerges for the tax payer in all the transactions related to sale or purchase of real estate, in approving credit and so on. Not only that the problems get even more complicated when IRS exercises its power to collect the back taxes like lien tax or any other tax by seizing the defa