Lien Subordination |
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A federal tax lien gives the government a secured interest in your property. Because of this secured interest, potential lenders are often not willing to loan money to you unless they can obtain a security interest superior to that of the IRS lien.
Lien subordination enables you to secure financing. By subordinating the lien, the IRS allows a lender to take a superior interest ahead of any IRS claims on value of the property. This solution is especially useful when using equity in a property to pay off a negotiated settlement with IRS, and can also be a smart option to take advantage of favorable interest rates and market conditions.
While there is no specific IRS Form for Subordination or discharge of a Federal Tax Lien, the process is very specific. We have the experience necessary to help you through it.