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IRS Tax Liens on a foreclosure



"Bushy"
1/11/2005 2:05:22 PM


Here's the situation:
I live in Ohio and am interested in a foreclosure action through a Sheriff's
sale. There are two IRS tax liens on the property. I believe the IRS has
120 days after the sale to exercise their "Right of Redemption". The case
file has two IRS documents; one for each lien. They both show an expiration
date of the lien if it isn't re-filed before the expiration date. One is 9
years old the other 5.
These are my questions :
Does the Sheriff sale affect the IRS liens?
Once the 120 day Right of Redemption" passes are the liens still enforceable
or do they dissolve?
If they dissolve what needs to be done to get them removed?
 
 
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