As long as the lien holder was served, I believe it gets divested.

We are not US residents or green card holders.

I sent him a greeting card with a $50 Visa gift card.Oh, and anytime I send a card with gift card, I put it all in a package.

Woopie we were 4 th in line and the first lein holder was foreclosing so we got nothing .  

If they don't, then your whole deal is blown while you try to go through some lengthy process to find out who the note holder is.Seems counterproductive.

I was just pointing out to the poster the concept of investing inside an SD-IRA; no withdrawal is required to invest as the holder can direct the custodian to make permitted investments. 

The use of this would be to help a buyer with continue with a purchase if he did not have enough of a down payment to meet the senior lien holders requirements for funding.If the buyer's first position mortgagee requires an LTV of 75% but the buyer only has 10% for a down payment, the buyer asks the seller for a purchase money mortgage of 15% to make up the difference.

An IRS lien can be removed from a subject property through a foreclosure process by a senior competing lien holder, provided specific steps are taken to notice the lien and claim priority.  

I think, that it was shady to put renters into properties that the lien holders had before they had a marketable title. 

The courts have decided to allocate the loss across every account holder by taking 10% of their funds to cover the loss.Yep, it sucks, but here we are.Here is the advice I need from you seasoned SD IRA pros. 1.