The first lien holder has a contract with the original purchaser , not you .  

I have also been using Zelle for almost two years with great satisfaction.If you are collecting your rent under a business account, just make sure that your bank accept Zelle for business account holder.

I would have her come in as a lien holder with interest or lump sum after a possible refinance.

Thus the terms “marketable title” and “insurable title” mean that the property can be sold and mortgaged free of “clouds” or claims because a title insurance company is willing to insure the title in the name of the new owner and/or for the benefit of a mortgage holder.

you are too much into thr deal and your not a real estate agent which is very illegali am a property locator i specialize in wholesale contract properties for home flippers or for estate agent that want to invest with an intent to hold for rental propertiesi simply use wat my investors want specifically in a contract and property  i communicate with the owner or contract holder and try my best to let them know hey this is what a potential buyer wants their contract to look like and so forthif they agree then i step out and give them conract information to my flipper or invester and that's it i am done with the  transaction.my investers pay me for the information of a potential property for them before they even see the property or get any information about the property..

@Chris Wampler, the EAT (exchange accommodating title holder) is literally the LLC formed to hold the property in the reverse exchange. 

Seller has qualified for short sale with senior lien holder and been approved. 2nd lien holder is more confusing.

If you look at any HOA foreclosures you will note that they Never name any of the mtg holders, since they know they couldn’t wipe out any first mtg.s anyway. 

The situation is this: My Grandfather passed about 20 years ago and left his estate to 4 children, uncle1, uncle2, aunt and my fatherThere are multiple properties/parcels (6 total) in the estate that are co-owned by the 4 siblings, all 4 names on the deeds.Uncle1 defaulted on his personal mortgageLien holder(bank) repo’d his home but home was underwater, and thus still owed beyond the repo.Lien holder found out about the shared/partner assets that uncle1 had with siblings and decided to go after themI'm not clear on the exact process, but I believe the bank will take possession of uncle1 (1/4) share in the partnership properties then will legally force the 4 way partnership to be dissolved through a court proceeding.The other partners or another investor are able to buyout the bank owned (1/4) share at an appraisal price.The appraisal is filed with the court so there are no shenanigans with valuationIf no buyout then the whole property goes to sheriff saleTwo of the parcels are rental income farmland, these are the ones I'd be interested in investing inNobody in my family nor my grandfather are/were farmers, the acreage has always been rented outI’m trying to determine whether I can buy out Uncle's1 share from the lien holder bank at the appraisal price with an IRA LLC and become the 4th partner?

Only did 5 properties, however, they are in Boca Raton, Delray, and West Palm Beach.I am an Engineer and Patent holder,  I love construction, been in it since 1978 less Military service.Served 4 years U.S.