I'm a buy'n holder in Sacramento, CA.

But the note holder will get the house.I think too much...

(begin quote)Lease-Options Compared to a Right of First Refusal ("ROFR"):An option to purchase, in a technical sense, is a unilateral contract which gives the holder of the option the right to compel sale of the property at certain price.

If it's just a matter of an appraisal and a letter to the mortgage holder then it might be worth while.

You need to describe the type of business, like auto parts or ice cream store or shoe store.If there is no RE involved, you may be looking for financing of inventory, another aspect.Also, a more specific loan amount along with information on any other financing involved, what position is the lien holder going to have?

If the estate has adequate assets to cover the judgment, you would seek out the lien holder and ask for an option on settling the lien (or Buying it at a discount).

Then what type of search do I need to do at the county courthouse to find who may be the mortgage holders if it was repossessed - or did it fall through the cracks somewhere?

.- I like private money and giving long term interest to IRA holders and avoiding banks.

I couldn't find anything that allowed mechanic's lien holders to advance funds to pay property taxes or bring senior liens current.  

The only way to really have all the pressure off your shoulder is to do a reverse exchange and let your intermediary set up an exchange accommodating title holder and take title to the new property.