I got with my lawyer and he put together a demand letter for the bankruptcy trustee, but there is a change in direction.
I got a notice from Zillow that the property is now for sale by the lender. I guess the homeowner worked out an agreement with the lender to sell instead of going through foreclosure. It makes sense since the property has quite a bit of equity and I would think they’d get a better price through a regular sale than an auction.
But of course my Abstract Judgement will cloud the title. There are even more Abstract Judgements filed against the homeowner, but dated after mine.
Does anyone have any experience with a sale when there are junior liens? I would expect the seller to contact me and try to negotiate. Any tips or stories would be appreciated.
PS: BKlawyer, your receptionist said you’d call me back. Twice. 🙂
