Tactics to get borrower to come to the table 2 NPN

[Bret N.]

I have a NPN 2nd note in GA which has no equity. I went through the FC process and now have the deed but the borrower still isn't responding. Based on the communication my workout specialist had with the wife(who is no longer responding and apparently is separated from husband and doesn't live in house) the house may be rented out. I'm sort of at a standstill. Being a fast state, I don't want to spend anymore money to evict only to then have 1st foreclose and I get nothing. I am not sure if 1st is current or not as it seems monitoring the 1st from a second standpoint is not as simple as I thought. What are some of my options or is waiting it out rather than spend any more money on legal the best bet ? As a Broker, I have seen many homes on Auction.com that were listed and of course a warning not to disturb occupiers. Some were even from 2nd position. I would think possibly seeing their house listed on Zillow via Auction.com and/or hungry flippers driving past might get their attention that we are serious. Any ideas? Thanks

[Bob E.]

If it is truly rented I would seek an assignment of rents and pocket the money.  

Then work out the situation with the first.  If the payment on the first is less then the rent you might just want to start paying the mortgage if the arrears aren't prohibitive and you have a financed rental.