Navigating the Challenge of Buying a House with IRS Tax Liens
Description
On this episode of Carlos Samaniego- Tax Debt Consultant, our host Carlos received an email from a listener asking for help buying a house while dealing with an IRS tax lien.
Carlos has brought on Anna Cervantes, a mortgage consultant, and real estate broker to discuss the possibility of buying a house with tax problems.
They discuss various loans available, including FHA and Fannie Mae loans, and what it takes to qualify for them.
Furthermore, they talk about how unpaid taxes can affect one's ability to get a mortgage and the importance of resolving tax liens ahead of time.
They also give advice on how to handle any tax issues before beginning the home buying process.
Lastly, they discuss what individuals can do now if they owe taxes and haven't bought a house yet. Tune in to learn more about buying a house with tax problems and how to deal with any tax issues that may impact your financial well-being.
------------------------------------------------------------------------------------------------------
Download my free book: http://TaxDebtBook.com
Visit Me: TaxDebtConsultant.com
TEXT ME!! +1 (909) 909-345-9215
Office: (909)570-1103
Book an Appointment: CallTaxEA.com
-------------------------------------------------------------------------------------------------------
[00:04:26 ] "How Tax Problems Can Affect Your Mortgage"
[00:06:15 ] "Tax Liens Can Stop You from Getting Mortgages"
[00:13:14 ] "Tax Liens Can Derail Home Purchases Quickly"
[00:20:23 ] "Why Filing Your Taxes is Crucial for Mortgages"
[00:25:44 ] "Payment Agreements Crucial for Competitive Real Estate Market"
[00:33:31 ] "Real Estate Experts Share Tips for Tax Troubles"
[00:35:25 ] "Strengthening Friendships: Meeting More Frequently and Safely"
Topics Covered in "Can You Buy A House With Tax Problems? Special Guest Anna Cervantes!"-
Introduction by Carlos Samaniego and email from listener asking for help with purchasing a house while dealing with an IRS tax lien
- Guest introduction of Anna Cervantes, mortgage consultant and real estate broker
- Discussion of tax problems and ways to deal with them
- Qualifying for loans and government programs like FHA
- The impact of tax problems on getting a mortgage, with a focus on tax liens and resolving them ahead of time
- Other financial considerations when applying for a mortgage, such as verifying income and taxes through a 4506C form
- Offering Anna Cervantes' services to listeners, personal experiences with her as a broker
- Importance of resolving tax issues before buying a home and IRS activity during COVID-19 pandemic
- Conclusion and encouragement for listeners to handle their tax issues before buying a home