Middlesex Massachusetts Sample Letter for Notice of Sale to Junior Lien Holder

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• County: Middlesex
• Control #: US-0723LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Junior Lien Holder's Name] [Junior Lien Holder's Address] [City, State, ZIP] Subject: Notice of Sale — Outstanding Junior Lien Dear [Junior Lien Holder's Name], I hope this letter finds you well. As the [Senior Lien Holder/Borrower's Name], I am writing to inform you of the impending sale of the property located at [Property Address] in [City], Middlesex County, Massachusetts. This property is commonly known as [Common Name, if applicable]. The purpose of this notice is to advise you, as the junior lien holder on the aforementioned property, about the scheduled date of the sale and the potential impact it may have on your lien. The sale is scheduled to take place on [Sale Date], in accordance with the foreclosure proceedings initiated by the senior lien holder. In accordance with Massachusetts General Law, Chapter 244, Section 14, this letter serves as an official notice of the pending sale. Please be informed that any outstanding debt owed to you as a junior lien holder will be subject to potential extinguishment in the event of a successful sale. To protect your interests, it is strongly advised that you take proper legal action to protect your lien before the sale date. This may include, but is not limited to, filing a motion to intervene in the foreclosure proceedings or seeking relief from the court to protect your rights as a junior lien holder. In the event that you wish to discuss a potential resolution or negotiate the satisfaction of your lien, I am open to a conversation to explore any viable options. However, any action taken must adhere to the legal framework governing lien priority and foreclosure proceedings. Please acknowledge receipt of this notice by signing and returning the enclosed copy of this letter. Should you have any queries or concerns regarding this matter, please do not hesitate to contact me at the aforementioned contact details. Thank you for your prompt attention to this matter. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Junior Lien Holder's Name] [Junior Lien Holder's Address] [City, State, ZIP] Subject: Notice of Sale — Outstanding Junior Lien Dear [Junior Lien Holder's Name], I hope this letter finds you well. As the [Senior Lien Holder/Borrower's Name], I am writing to inform you of the impending sale of the property located at [Property Address] in [City], Middlesex County, Massachusetts. This property is commonly known as [Common Name, if applicable]. The purpose of this notice is to advise you, as the junior lien holder on the aforementioned property, about the scheduled date of the sale and the potential impact it may have on your lien. The sale is scheduled to take place on [Sale Date], in accordance with the foreclosure proceedings initiated by the senior lien holder. In accordance with Massachusetts General Law, Chapter 244, Section 14, this letter serves as an official notice of the pending sale. Please be informed that any outstanding debt owed to you as a junior lien holder will be subject to potential extinguishment in the event of a successful sale. To protect your interests, it is strongly advised that you take proper legal action to protect your lien before the sale date. This may include, but is not limited to, filing a motion to intervene in the foreclosure proceedings or seeking relief from the court to protect your rights as a junior lien holder. In the event that you wish to discuss a potential resolution or negotiate the satisfaction of your lien, I am open to a conversation to explore any viable options. However, any action taken must adhere to the legal framework governing lien priority and foreclosure proceedings. Please acknowledge receipt of this notice by signing and returning the enclosed copy of this letter. Should you have any queries or concerns regarding this matter, please do not hesitate to contact me at the aforementioned contact details. Thank you for your prompt attention to this matter. Sincerely, [Your Name]