I do plan on making other templates for tax liens, bankruptcy, divorce, and absentee owners.

My questions is, let's say something bad happen on the sellers life say divorce, accident, bankruptcy anything like that and while I keep posting my monthly payments to the seller the payments from the seller to the lender stop.Do I have any recourse at that point if the lender decides to foreclose the property due to seller's default?

(lose a job, file bankruptcy...etc.) 

You also subject yourself to possible discharge of loan if the borrower files a bankruptcy.

The thing is, she has until the 2nd of July to pay her back taxes, and if she is unable to pay by July 2nd, she will have to file for tax bankruptcy.

However, they include "bad boy" carve-outs that trigger full recourse if the borrower commits certain bad acts like fraud or voluntary bankruptcy filing.Abandonment may constitute default: If the GP abandons or surrenders control of the property during foreclosure, it could be considered an unpermitted transfer that violates the loan agreement and triggers the guarantor's full recourse liability for the unpaid loan balance.

Two of these assets were in bankruptcy, one was a performing loan and the other was a non performing loan.

I would suggest probates, liens, bankruptcies, and class B/C/D landlords with vacancies (see if you can find some migration data).

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

We have approx 500 notes in our portfolio and those that are distressed and legal had been started every single one has filed for bankruptcy.