In foreclosure, provided that subordinate lien and judgment holders are properly notified of the foreclosure, those junior positions should become extinguished as liens against the property.

On the other hand, they are within their rights to accelerate your loan upon any foreclosure action on a junior position regardless of who is who.  

I know I 'm going to have to put money out there to get help from someone to mentor me,  In my area, Woodland Hills, CA, it is not so easy finding a local REIA. 

I am guessing by the price they are mostly unsecured junior liens.  

Welcome to BP you have a wealth of resources at your finger tips, I too am an SA investor and am always looking for deals and mentors with a like minded concept.

Hello All My name is Antonio and i am new the Relestate investing and wholesaling and looking for a mentor in the Boston area.

Go to a big firm, where they will start you in research or if you're lucky, as a junior broker.

(This is an REO.)Sooo, I have a call in to my mentor to get her advice on whether to cancel, or see if my buyer can get the $42k reduced to a much lower amount, or see if the bank wants to get it paid off before he buys the place.Anybody have any ideas?

If the seller is not cooperative you might want to assign a junior agent at your firm to do the grunt work on this and throw them a bone if it finally sells.

Trying to find a mentor for help.