Buying property from dissolved entity

[Cristian Escobar]

I am in the process of purchasing a property through a short sale in New York. The sellers lender has already accepted the short sale and is pending title review. However it looks like the deed is NOT under the sellers name and was sold to an entity in Georgia. After some research it looks like the entity has been dissolved. It seems like the seller sold his deed to the entity to avoid foreclosure. Is it still possible to purchase this property despite the dissolved entity owning the deed to the property? It looks like the owner of the dissolved entity is a relative of the seller.