. $73k that she is stealing from me, a junior agent, just starting out, through commissions she is keeping despite promising me, in front of our broker.How is an email from her, promising to pay me, not a binding agreement? 

Junior

Buying now forces you to either liquidate, be an out of state investor, or move back to this area.If you keep your head down, work hard, save, continue to learn and avoid the pitfalls that A LOT of junior enlisted make (expensive cars, rushed marriages, etc), you'll be set up perfectly for when you decide to get out.

@Michael Junior , congrats on your first deal. 

Person at the top is getting maybe 20k plus and junior agent at bottom maybe 8k.

If not, be careful since in most cases, no liens are wiped out from a HOA foreclosure, unless the HOA lien was placed before the HELOC lien, and the HOA names that 2nd/junior lien holder in the foreclosure action.As per the balance on the HELOC, you could try contacting the attorney acting on the foreclosure file to see if they can give you the balance.  

@James Peterson I've been in this business neatly 40 years and never heard anyone using 'FTD'for 1st TD.No harm, just confusing.Absent a super-priority judgment occuring as the result of a buyer somehow buying a property subject to an existing AJ (abstract) with purchase money in junior position, your 1st TD remains. 

In the event if a default, the second could pay off the first or work with the first lien holder to prevent getting wiped out in a trustee sale.Most things related to lending are State specific but in Michigan the first lien holder has no obligation to notify junior lien holders of any defaults or foreclosure actions.

I'm currently a junior studying mechanical engineering at Binghamton University.

While a NPN wouldn't be included the initial LTV as well as an estimated CLTV can be important when speaking of junior positions on any OO, SFD, it should be readable for everyone.:)