Senior lien remaining after trustee sale

[Matt Pfefferlen]

I am looking at purchasing at trustee sale initiated by a junior lien. I understand the senior lien by law would have to accept payment if I have trustees deed.  I am looking for confirmation that in fact the first has to accept payment to get current for example and / or payment in full. Thanks 

[Wayne Brooks]

I don’t know of any law/regulation that requires them to allow you to simply bring the loan current, and make payments.  For one thing the borrower has “alienated title”, triggered the due on sale clause, if nothing else.  By law they Do have to give you a Pay Off, though they usually drag their feet. I’d plan on having to having to pay them off.

@Ron S. ??