They bill junior attorney at  200 an hour and paralegal at 80 an hour.An expected scope of services is provided with estimate and a retainer is given.A big mistake is not asking questions early on with an attorney.

They are NOT the same as an open market transaction especially if there are junior lien holders on the subject property.Make sure you know EVERYTHING about the liens on the property.

@Junior Pando Amazing job, both inside and out, looks awesome, congrats!  

As long as there is no second Mtg/junior liens, it'll just depend on what BPO value they get.  

Hello All,I am currently an undergraduate at Stonehill College perusing a finance degree and I wanted to ask some people with experience where to start in this business. I have aspirations to be very successful. Last ...

@Junior MatthewsWelcome to the site and you got to the right place to learn REI.

Junior liens are innately more risky than first liens.

I am a junior finance major and was considering trying to get through a course or two during the summer on my own and wanted to know if anyone has tried getting through them before.

I did a vanilla foreclosure in Kanasas  it cost less than 2k and took less than 90 days I believe.we did it to clear junior debt.

I am currently taking real estate courses at my local junior college in order to better understand this industry.