Commercial vs. Residential Foreclosure Differences

[Shafi Noss]

Anyone have perspective to lend on the differences between a commercial and residential foreclosures. Things like auction process, frequency lender repossession, for example through a deed in lieu, allowing financing, differences in trustee responsibilities for DOT states, foreclosure costs and timeline, etc.

One specific question would be if foreclosure bids have to be in cash like they often do in residential, there probably is a much smaller buyer pool and a much higher likelihood of lender repossession. Since commercial loans are made at lower LTVs that residential, wouldn't that mean lenders profit from foreclosures? Trying to understand the overall picture. 

Also no relation to Tyler but interested in Texas in particular over other states.