I would love to hear your thoughts on what you would do with $100k cash laying in your bank account accruing a mere .25 interest.

I don't want the money just sitting in the bank accruing next to nothing interest.  

If the first lien was sold on (for example) 2/12/2008, then that lien holder has to start foreclosure by 2/12/2018 or they lose the lien amount and any interest that accrued. 

I've accrued several expenses in the process.

Accrued interest, preservation, maybe taxes and insurance, atty fees, court costs, etc. all get added on top to find the "pay off", or total debt.......just like it says.

The loans are typically interest only, depending on the lending source you may get to accrue interest (not typical).  

If so, I doubt you want to accrue holding costs for an entire year just to hit that qualification for tax purposes. 

The bonus accrues at the time of the charge, not after you have made the payment, and they mail you checks automatically when the bonus reaches an amount that you specify.Fidelity Investments has cards that offer 2% back , as well, with the amount directed into a Fidelity account. 

I had a situation on my '15 taxes where I had some roll-over passive losses from rental properties that had been accruing for years and my CPA could finally apply them when I sold some rental properties.  

His loan balance with late fees, accrued interest, unpaid taxes/insurance, etc is probably near the original $210k.