In the event of default/non-performance on a CFD for vacant land in one of the hypothetical "foreclosure" states I mention above, does the land parcel have to go to auction, with bidding starting at the unpaid principle balance of the contract (plus late fees, legal fees, etc.)?

There is the possibility that the property could go to foreclosure without you knowing it.Lets say it does go to foreclosure and you thought you still had equity coverage but realize it sells out auction for $1,000 above the first lender.

It also pulls data on pre-foreclosures and auctions, which can be useful for off-market deals.Deal Machine shines if you’re focusing on driving for dollars and building your own leads.

Any complaints, praises, things to look out for, etc.

Im confused why note seller would be selling the note at this point before auction at such a deep discount.

So I just observed a municipal tax auction.  

Has anyone ever used the Federa App or Website to buy foreclosures at auction?

Bought it at an auction, property was owned by the statem paid $27,000. 

@Yixiong Pan HOA liens can be tricky, sometimes HOA will post liens at time before foreclosure, which isn't at time of tax auction.

What are the scenarios that can happen with this second auction?