RE Investors= Smartest investors in the World, holders of the great secret truth. 

Once you complete the 90 hour course, your status will change to a Broker but you will be on inactive status until you associate yourself with a BIC.Keep in mind that per NC REC Rule 58A .0504(a), "The holder of a license on inactive status shall not engage in any activity requiring a real estate license, including the referral for compensation of a prospective seller, buyer, landlord or tenant to another real estate broker or any other party"Feel free to reach out if you have any other questions.

However if there are no descendants or lien holders to initiate probate proceedings, is it possible for an interested third party such as myself to do so?

You need to have trucks lettered with name of license holder, license number, address etc.

The rules on transferring to an LLC with Fannie and Freddie backed conventional rules states that loan holders must be majority LLC owners.

I challenge you and all other buy ad holders to add systems to allow you to be on vacation, even on a cruise. 

If there for sure is no mortgage on the property, then my guess is another lien holder is foreclosing

If the possible judgment is against someone with the same name as the seller, you can contact the judgment holder and verify that the SSN's aren't the same.

Second is in CFPB and or SAFE Act violations, these concerns are for owner occupied residential properties, although even commercial lenders/note holders can be in certain situations successfully sued for wrongful foreclosure, etc.

Generally properties are sold free and clear of interests which are subordinate to the tax lien and where the interest holder has been give proper (legal) notice of the sale.