All Forum Posts by: Yana Sha

Thank you so much for your advice!

Thank you for your reply. I am concerned that if they end up paying it off before the foreclosure and it will be determined later on that their paperwork is not valid for some reason I will have to deal with this again rather than just going through the auction with the trustee. 

Also, do I have to deal with the 2nd lien holder if they want to pay off the loan or can I just choose to foreclose? I am in California if it makes a difference 

thanks again 

I am a first lien holder on the property and I am about to foreclose . I have an interested party who is claiming to be the 2nd lien holder and they have lis pendens , open lawsuit without a judgement and unrecorded deed of trust to the property as of now. Since the lawsuit is not completed and the deed of trust they are sending me is not recorded I suspect that this is just a ploy to postpone my sale.  Do they have any rights to request pay off amount and pay off my loan? My foreclosure company is pushing me to give them the numbers but I don't know enough about it to move forward. Please advice