You only need to know if it is them foreclosing and in the rare situation that it is them, THEN you need to know what the senior lien outstanding amount is.

Essentially, I look for solid investors who have good properties and want to be outstanding landlords.

Congratulations @Christina R. and welcome @Ryan Van Fleet.  

I can guarantee you these are outstanding books and great inspiring people.  

@Ryan Van Fleet I lived on the east coast for awhile and just happened to purchase those units while I lived there.

I'm surprised the seller didn't list the house for more than the outstanding mortgage - considering Nashville's RE climate, it amazes me that he left money on the table.BTW, who did you hire for the legal work?

It also happens when an investor buys at the foreclosure auction, but then negotiates with the note holder to buy the promissory note, also.If there were outstanding junior liens at the time of foreclosure, and the borrower redeems, then all those liens revive against the property.

My name is Dirk Fisher and I'm brand spanking new to this outstanding website, so I wanted to introduce myself!

For example I have managed 13,000 vehicles in fleets and millions of dollars in other assets.

You aren't really supposed to move completely out of the property unless you do refinance with a different lender or you experience some kind of outstanding circumstance that requires you to move.