I DOUBT IT.From attorneys talk is cheap and when they have to stand behind something they run.If it's not guarantee in writing you can't take it for face value.DIL the banks will do a title search and with no other junior liens will usually accept within about 60 to 90 days time.If the effect to the credit is the same or close the seller might be able to milk free rent longer with a short sale or a foreclosure or get cash for keys money.The sellers situation will dictate the best options for them and it's a case by case basis.

Where there will be opprtunities for lower priced assets is in the junior lien position

My name is Phillip Bingham and I am currently a college student at Virginia Tech in my junior year in Engineering.

They said they automatically close out any SS files that reach 31 days from the date they were submitted if the junior lien holder has not accepted.

My Junior year I launched the UNCW Real Estate Investment Club on campus, and this is a registered organization.

My Junior year I launched the UNCW Real Estate Investment Club on campus, and this is a registered organization.

My Junior year I launched the UNCW Real Estate Investment Club on campus, and this is a registered organization. 

In addition to prior lien holders you'll also take title subject to any junior lien holder who were not named and/or served in the foreclosure. 

I'm in my junior year of college and after a series of events am interested in real estate as a career but I would like to shadow a local agent or something first just to see if I would enjoy it.

It's junior to the bank debt.