Sorry for the delay. By the time you posted your last response I had left my office for the evening to spend with my family.
The lien doesn't have to be red-flagged at a given time. Like a mortgage, the lien is filed against the property at the time the loan is first made. It has been an encumbrance
on the property since the date that you took it out.
As for the due date of the note, I am pretty certain that their computer will alert them when the payoff/balloon date arrives.
Technically, there is no legal obligation on the part of the bank to send a reminder that the debt is due---but I don't know of any lender that does not communicate this fact to their borrower. It is standard business practice.
If all you need is a bit of extra time before you can pay off the note, then by all means, just communicate that to the banker. The foreclosure process would take many MONTHS---if they would even consider foreclosing immediately----and I am sure that you will have little trouble getting additional time to get your payoff together. Just let them know that you will be a bit late with the payoff and you should be just fine. You really are in no danger of losing your home.
You may reply back to me using the Reply link and I will be happy to continue to assist you until I am able to address your concerns, to your satisfaction.
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I wish you and yours the best in 2015,