I'm not 100% sure on this either, but I believe the way that it would work is you form the LLC first and re-title the relinquished properties into the LLC before sale.

just look at sales and you can change to filter to recents. 

They are designed to be filed before the foreclosure and then jump above the foreclosing lien in seniority and either get reimbursed from the foreclosure sale or survive the foreclosure and are passed to the new owner. 

If the sale goes through, we are making a substantial return (hundreds of thousands of dollars).My spouse and I want the money now and want to avoid the wait and see.

I've helped a few clients do this and they've been successful with a sale to exit. 

Hi Cleveland BP Community,I've noticed a lot of cheap houses for sale in East Cleveland that could make great cash flow given their list price.

I no longer get tech support/updates, but the software does what I need it to do pretty reliably.

She was determined to close the sale by the end of the month, but her husband, who had no legal claim to the property, refused to leave.The situation was emotionally and logistically complex.

Percent of UPB is fairly irrelevant as the buyer will be purchasing the note for cash flow and the rate of return would be his/her major concern $75,000 sale price is 81.5% of UPB, about what I was suggesting using my UPB method.

I had to BEG for a BP sales person to actually call me and give me something more than an elevator pitch.