I want a satisfied new tenant.

Your next best choice is to bring the loan current, if the bank will allow you to do so, and then proceed with the transaction, keeping in mind that you want to satisfy the "equity stripping" component (making sure the seller gets some money for the same two reasons I just stated.)

(a) The tax collecting official shall, upon application to redeem a tax lien and upon being satisfied that the person applying has the right to redeem the tax lien, and upon payment of the amount due, issue to the person a certificate of redemption appended to a copy of the certificate of tax lien giving the date of redemption, the amount paid, and by whom redeemed, and shall make the proper entries in the record of tax lien auctions or sales in his or her office."

When I look at a property initially, I make sure that the property will satisfy both the 1% rule and the 50% rule, after refinancing the property for what I have in it.

Right now that's too much hassle for me, I'm satisfied with what I'm obtaining, but it will become a focus (after I've done the 500 other things ahead of that on my priority list).  

slow-acting toxins can be just as effective over the long term, and more satisfying to assuaging the hate you feel towards those awful people.Disclaimer:  The 'slow acting toxins' part of this post was ONLY IN JEST. 

:\The lender that didn't know you couldn't use gift funds for investment props probably also has that retirement account tagged to satisfy the "PITI reserve" requirements.

I wouldn't count on that to satisfy your owner occupancy requirement, because there is no guarantee someone will agree to this.

A lawyer can do a mortgage and note for you for a reasonable charge.Whenever you sell in the future, the loan with your parents will be satisfied.

Still cost me $300 to satisfy the lender.