First & Second Mortgage Loans, Re-fi, Debt-Consolidation, FHA & VA, Commercial. Low Tax Deductible Interest
I have an odd situation. Back in 1988 I started renting a house with the option
to buy it at any time for the balance owed. At that time the balance was
$49,000. Today the balance is 35,000. The market value is at least $52,000. In
the recent past I have had a federal tax lean against me. That has now been
totaly resolvd. Hw hard would it be to get a lan on this house?
A resolved debt (tax lien) shouldn't pose any problem in obtaining a
mortgage.