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<blockquote data-quote="TheBullLady" data-source="post: 721562" data-attributes="member: 173"><p>I don't understand what you mean about the siblings not being much help. If they are interested in cutting their losses on the property, why wouldn't they reveal who the lien holders are? And why are their more than one? If there's a second lien on the property, it may well be overvalued, especially in today's market.</p><p></p><p>You can usually find the lienholder information from the deed, which would have been filed when the property was purchased. You'll need to know when that was.. or your can search at the courthouse for the name. </p><p></p><p>The problem you may run across is that the lien holder may not talk with you about the details, as you really don't have any right to know, unless the property owner gives permission for them to talk with you. So it's going to do you more good to see if you can work something out with the siblings. </p><p></p><p>See if the estate has been settled. If it's been that long, it may be that the owners didn't have a will, and they are settling it through probate. But either way, you'll have to work with whomever the heir(s) turn out to be.</p></blockquote><p></p>
[QUOTE="TheBullLady, post: 721562, member: 173"] I don't understand what you mean about the siblings not being much help. If they are interested in cutting their losses on the property, why wouldn't they reveal who the lien holders are? And why are their more than one? If there's a second lien on the property, it may well be overvalued, especially in today's market. You can usually find the lienholder information from the deed, which would have been filed when the property was purchased. You'll need to know when that was.. or your can search at the courthouse for the name. The problem you may run across is that the lien holder may not talk with you about the details, as you really don't have any right to know, unless the property owner gives permission for them to talk with you. So it's going to do you more good to see if you can work something out with the siblings. See if the estate has been settled. If it's been that long, it may be that the owners didn't have a will, and they are settling it through probate. But either way, you'll have to work with whomever the heir(s) turn out to be. [/QUOTE]
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