If you merge through lieu deed, you will loose all your foreclosure rights and junior lien holders will become senior to your ownership.It just seems the idea here is to hurry up and take title via DIL to get out from the speeding train wreck that this could become.

Call up the judgment holder and tell him/her/it that you'll give them $x.xx (perhaps $1,000) to release the judgment.

For instance - I purchase the house as a vacation home (second home), then we realize we are not using it as much as we though - could we then rent it out part time without the loan holders fussing.

I am a forever buy and holder.

A lien holder should be able to purchase hazard insurance on the property themselves if they wished to.

I'm not really sure on the Kiwi preference laws just as I suppose you aren't aware of US visa issues etc.

In both wraps the due on sale clause is something the current lien holder can call due.

Will the sale price satisfy the lien holders?

The first lien holder, if an institutional bank, will likely bid up to the amount of the loan in default.

@LindsayMosayebi often deals fail with license holders because many hold agents in similar esteem with used car salesmen.