2nd Lien holder - Foreclosure help needed

[Ronny Crawford]

I am the 2nd lien holder of a property that is about to go into foreclosure.  I have been in touch with the 1st lien holder, and he expects to start the foreclosure process this month.  Details below.

1st Lien = $195,000 plus late fees and back taxes paid

2nd Lien = $50,000 - Not looking for any late fees or penalties

3rd Lien = $80,000 - I do not know this person

Home is currently listed for sale As Is for $335,000.  I assume this is the full pay off amount owed to all 3 lien holders.

Question - What are my options in 2nd lien position?

Thanks in advance,

Ronny