The name does not sound like they would be a neutral party like an escrow holder needs to be.

@Tyler Kaye put another way, you would be the holder of the "First Mortgage" in a situation where say a buyer is purchasing a house for $100K and did an 80%/20% loan, First position would be the 80% and second position would be the 20%, you always want to be first in line if they default. 

There are some counties that you will need to go to the tax deed application site in order to see that it has been transferred into your name as the tax lien certificate holder. 

I assume you are also use a place holder interest rate. 

I am going to list the high points below:List price $35,000.00Negotiate down to $29,750.00 (15% reduction)Down payment of 15% = $4,462.50My principal = $25,287.50Interest Rate = 5%Term on loan = 15 yrsNote = $199.97Sale price to lease option holder = $44,625.00 (1.5 x my purchase price)Down payment paid by buyer = $4,462.50 (10% of purchase price)Buyer principal = $40,162.50Interest charged to buyer = 8%Buyer term on loan = 15 yrsTaxes = $50.00 (added directly to buyers monthly payment)Insurance = $50.00 (added directly to buyers monthly payment)Buyers monthly payment = $483.81 (Note + Taxes + Insurance)Buyer covers all maintenance and repairsMy monthly profit $183.84The beauty of this plan to me is that the amount I put down in a down payment is the same amount that the buyer pays me in a down payment which causes me to have ZERO money on the table when they start making monthly payments.  

Would like to talk to buy-and-holders in their 60s and older about their strategies as they age. 

There is about a two year school of hard knocks to go through as well starting out so be prepared for some scammers to take your potential profits for awhile until you figure out how to do it right.Maybe you would be more happy with a 12% return as a performing note holder rather than a lender yourself.  

Are you a citizen or a VISA holder? 

Edited to add- If the property is not being sold by the Trustee but by a lien holder, the property may have been removed from the bankruptcy through a "motion to abandon" which just means there is nothing for the bankruptcy to get from the property so the creditor can proceed with executing its rights against the property. 

@Alex Sanfilippo, a friend of mine specializes in providing executive housing for foreign employees who are here for 2-3 years on a H1B visa.