Again, seek legal advice from your attorney or the legal aid office and follow all the rules to the "t" so that you don't have to pay unnecessary fees or start the process over because you missed something or didn't follow a procedure correctly.

What is the procedure to pay the taxes as a new loan to the borrower?

They are offering quit claim deeds and they can't produce any paperwork to back up the procedure.

The listing agent should be able to go to the servicers and explain why there is a delay and ask them to extend the date on the approval letter and then you and the seller signing a closing extension.There has to be some procedural hurdle that is holding this up.

Now you learn from the  experience and you improve the procedure.

And for buyers, it provides insights into a property's potential down to the finest details.

I don't know the exact NY procedures, but your grandparents could probably buy the lien from whoever bought it, or just pay it off at the county.

@Yuriy Skripnichenko - I agree that multi-unit properties are the ones affected, but keep in mind that's what a lot of investors are seeking , plus whenever possible keeping policies, procedures and paperwork consistent across rentals can make managing easier.And the multi-unit owners also need to post a recycling plan for Philadelphia properties.

I suggest that you take a short Real Estate course that will give you a a low cost foundation in Real Estate,  law, transactions and sales transactions that will help you understand the procedures of your state.

Correct me if I'm wrong on this, but there are far fewer reasons (often no reasons) for owners in the SFR market to accept lowballs from an investor -- despite the finest of highly logical ARV calculations in hand;  there are typically a trail of mainstream buyers who'll show up sooner or later to pay the mainstream SFR market ask price, minus just a few percent.