Further, the legal right to extinguish redemption (foreclose) is only for subsequent interests granted.

Obviously subsequent loans would not be cash out as no equity would be established in a short period.I refinanced one borrower three times in back to back closings under the same wholesale mortgage banker as interest rates were falling and paid the differences in settlement fees for the borrower!

Yes, but they are probably selling them because the properties probably aren't worth all the previous/ subsequent years of taxes owed, plus you'd have to pay all the additional years of taxes before you could send them to auction.

You should be able to do a 1031 exchange on the sale and subsequent purchase but I am not an attorney or CPA so you should consult with one before doing anything.

@Stacey Williams - Greetings, Stacey, and welcome to BP - you will learn a LOT just by setting up keywords and reading through the subsequent posts that come in (may want to have a dedicated email address for that).

We will explore all of these techniques in detail and more in subsequent postings.But no mater what technique you're going to use you want to make sure it's a win win for the both of you, however the one with the better knowledge of creative financing will ultimately come out on top.

House passes through foreclosure and is sold subsequently twice with title insurance.

I have seen numerous times for sale signs go up on these properties which subsequently disappear 6 months later.

He subsequently called & told them he would be collecting the rents on a prescribed date & time.

If inflation occurs the cost of ALL THESE GOODS goes up and subsequently so does your house.