how to foreclose as 2nd lien holder

Foreclosures, Short Sales, Tax Foreclosures
1

I am holding a 9k second lien on this property I sold 2 years ago. Now they run into financial problem. And they had not paid their property tax for 2005. And they had not paid my note for 2 months.

  1. Should I start to foreclose on them?

  2. What should I do first?

  3. Do I need to pay the property tax and took over the first lien?

Any advice would greatly appreciated

2

Evictions are a pain in the butt as it is. I can’t imagine fileing foreclosure. I would get a good RE attorney. Go to the court house and see who the attorney’s are handling the foreclosures for the banks. Give one of them a call.