I mean, come one, if a junior in college can do it then why not you??

My main contact was with one of their junior partners.There are still some brand new malls going up.The one down by my house the Atlanta Outlet Shoppes is 450,000 sq ft built about 4 years ago open air.

Two of our friends' kids just switched out of engineering going into their Junior year.  30 ACT scores. 

Junior lien holders, if any would be entitled to make a claim for any surplus funds generated by such liquidation sale.

It is very simple....a foreclosure Does wipe out all liens that are Junior, or behind, that mtg., but not those mtgs/liens Superior to the mtg foreclosing. 

Then they have junior attorneys and paralegals do certain parts of the transaction to try and keep overall costs down for their clients (the good ones anyways).

I stay away from litigation attorneys doing transactional work as they can't usually get out of (court mode) and over blow every little minutia into something bigger than it has to be.Seasoned transactional attorneys know the goal is to get to closing but also protect their clients.In a lawyer firm the main attorney might be 300 to 400 an hour, junior attorney they give some items to handle 200 to 250, paralegal 100 to 150.The good attorneys are fair with fees and understand repeat business and recommendations will get them much further than overcharging clients and getting a bad rep in the community. 

@Colin McAlpine You don’t really care, assuming the tax lien was recorded After the foreclosing mtg was recorded….the lien is like any other junior lien, it gets wiped out and the irs has 120 days to redeem, which they never do since you won’t be buying it for less than 50% of value, which I’m guessing might get them to consider it, but I have never seen them redeem(which would mean paying you back your purchase price).

They won't go for it right away but by auction Tuesday morning and the homeowner has not filed bankruptcy... the junior lien holders tend to give in and short sell their lien up to 90%.

Newbies (and the rest of us too) need to remember that a successful RE investor is the CEO of a multi-faceted business enterprise.Some "basic" skills that you need to have can be picked up relatively easily in a junior college classroom.