Has a lien been placed on your Southern California property? If so, the experience can be like showering, knowing the water can be turned off anytime.
With a lien on your property, you’ll likely feel uncertainty about your future homeownership. Liens can deteriorate into full-blown foreclosures, which can mean losing ownership of your home once someone shows interest in your property.
Worse yet, foreclosure from a lien isn’t good news for your credit score. When one is placed on your property, expect your FICO scores to drop by at least 300 points.
Fortunately, there’s a way for you to pay off your outstanding taxes — by selling your home for cash.
At My Home Sold, we buy houses in Southern California. We’re here for you if you’re trying to sell your home to pay off tax liens.
Find out how much your home is worth. Get a fair, competitive, and no-obligation cash offer today.
Tax Liens? What Are They, and What Problems Can They Cause?
Sometimes, it’s tough to keep up with tax payments. When you fall behind on them, the IRS or your local government can place a lien on your property. This is when you incur what’s called a tax lien.
Why a Tax Lien Is a Problem
A tax lien is a claim filed by the government on your property. Once the government claims your property on a lien, you won’t be able to sell it without paying your outstanding tax obligations. You also can’t refinance your mortgage if there’s a lien on your Southern California property.
The Types of Tax Liens
There are different types of liens. Each one represents a particular tax you may have failed to pay.
Here are the different kinds of liens that can be placed on your property.
- Property Tax Lien: Failing to pay property taxes will result in a property tax lien. This type of lien is filed by your city or county government.
- State Tax Lien: Meanwhile, if you’ve been unable to pay state taxes, your state government can file a lien on your home. This lien is a state tax lien, and you can remove it by simply paying state taxes to the California Department of Tax and Fee Administration (CDTFA).
- Federal Tax Lien: The IRS can file a federal tax lien on your Southern California property if you’ve failed to pay federal income taxes.
The Solution? Pay It Off With Equity From a Cash Sale
Whichever lien has been filed on your property, you can pay it off, especially if you’ve built some equity on it. The solution is to sell your home and use the cash to pay for your tax liens.
When you sell your home to pay off tax liens, you can look forward to the following unique advantages you won’t experience in a traditional sale:
- More Money Out of the Sale: Selling to a cash buyer like us means you won’t have to pay 5.11% in realtor commissions.
- A Faster Sale Without Closing Costs: When you sell to us, we can close the sale in as quickly as a week — and you don’t have to pay 5% in closing costs.
- Sell Your Home As-Is: A cash sale frees you from having to make costly repairs on your property before you sell it.
Find out how much you can get for your home. Contact us to get a free cash offer today.
We Buy Houses in Any Condition (San Bernardino, Riverside, Orange County, Upland, and Pomona)
We Buy Houses With Any Issue
At My Home Sold, we buy Southern California homes in any condition. Get a free cash offer today even if your property is in the following conditions:
- Hoarder homes: You don’t need to clear out years of accumulated belongings. We’ll handle the cleanup process for you.
- Foundation problems: Houses with structural issues are no obstacle for our team.
- Bad rental property tenants: Do you struggle with troublesome occupants? We’ll buy your property and take care of the eviction process.
- Code violations: We buy properties that don’t meet local regulations or building codes.
- Abandoned: Long-vacant houses often disappear, but we’re interested in buying them.
- Death estates: We understand the sensitivity of these situations and will buy your inherited property quickly and respectfully.
- Fixer-uppers: Properties needing extensive renovations are right up our alley.
- Damaged homes: We’re prepared to purchase houses that have sustained extensive damage.
- Dirty and in bad shape: We’ll buy your home in its current state, no matter how messy it may be.
- Trash-filled properties: Excess garbage or debris on the property isn’t a dealbreaker for us.
- Repairs needed: From minor fixes to major overhauls, we buy properties requiring any level of repair work.
- Vacant: Empty houses can be a financial burden, but we’re ready to take them off your hands quickly.
- Rundown: Even if your property has seen better days, we’re interested in purchasing it.
We Buy Houses As-Is in Southern California
We Buy Houses in Any Life Situation
Life can throw unexpected hurdles your way, which is why we’re here to help by buying your property no matter your life situation:
- Divorce: We can provide a quick and hassle-free solution to dividing property assets.
- Tired Landlords: If you’re exhausted from managing rental properties, we’ll take them off your hands, tenants and all.
- Health or Medical Issues: We’ll buy your home if you need money to pay medical expenses.
- Relocation: Whether it’s for a job or personal reasons, we’ll buy your home and help you move on quickly.
- Inherited Property: Are you dealing with an unexpected inheritance? Sell it to us.
- Avoiding Foreclosure: Don’t let financial difficulties cost you your home. We can offer a way out before foreclosure proceedings begin.
- Family Issues: Sometimes, family dynamics necessitate a quick property sale, and we’re here to help.
- Downsized Homes: We’ll purchase your current home, allowing you to transition seamlessly.
- Home Upgrades: If you’re looking to move to a more suitable property but can’t afford renovations, we’ll buy your home as-is.
- Avoiding Bankruptcies: Selling your home to us could provide the financial relief you need to avoid declaring bankruptcy.
Get Fast Cash and Move Away From Problems
Whether it’s a tax lien or deed issue, we’re here to help with our quick and competitive cash offers.
Move out and move on, and let us swiftly handle the sale. Get a fast and no-obligation cash offer today.
Read Our Reviews
Our cash offers have helped numerous home sellers pay off tax liens, avoid foreclosures, and move on to better properties.
However, don’t take our word for it.
Check out our reviews and see how we buy houses in Riverside, Pomona, Orange County, Irvine, Newport Beach, San Bernardino, and Upland.
