Please contact me directly if you need someone to point you in the right direction to get this going for you.
The Adams Team at
Rothwell Gornt Companies
1. Many loans require it.
2. If suddenly the IRS put a wage levy, you would have trouble closing. Or, maintaining your payment
3. If you have equity, it is possible they could try to take.
4. Peace of mind.
Try to work out a payment arrangement. Shop around for a good CPA, or attorney. I have heard horror stories of hiring a company from out of state, to handle your back taxes. So, find an established CPA, you can meet in person. And, check the BBB. Best of luck.
Underwriters will not approve a file with tax liens because they jeopardize the new first mortgage lien position should you close on a new home.
If you qualify to purchase a property, the IRS most likley will put a lien on the property until paid in full.
I would suggest that you contact a CPA for advise. If you dont have one, ill be happy to reffer you.