Might check if a lien holder holds title with a lien, some state do, some don't.

Once I become the holder of the fee simple title I; then, resell MY property using the same listing agent.

I'm working on short sale but the property has two mortgages, the second lien is a private holder that is not willing to make too much concession and want to protect their interest. have anyone deal with this issue.

Interesting article:http://www.cnbc.com/id/34877347I can't remember who but somebody at BiggerPockets called this in a thread about 2nd lien holders requiring outside closing payoffs.

Spend a few dollars more and get a dishwasher with a built in food grinder.

When the tax lien foreclosure is happening, what options do 1st and 2nd lien holders have to protect their interests?

The seller is the owner of the house we've been renting for 2 years.My question is what protections should I be thinking about to make sure the first lien holder is being paid.

Update:The property had 14k of outstanding taxes and liens 11.5k of it was a tax lien that was sold (accumulated fees, lawyer costs and the lien itself).I negotiated with the tax lien holder to take 2k instead of the 11.5k.

Indymac is the holder of the loan, and I started doing impounds last year to spread out the taxes.

A friend of mine knows of this property-not yet in foreclosure, as he contacted the mort. holder, he contacted the owner-she wanted alot before it went to F, now she moved out-lives in another state.