I won my default judgement against Carson In March 2021.

And (B) it's a beautiful setup for big probability of snagging it post default, be it from the regional bank who financed it or whoever J.P. has entertaining liquidations when they take over asset's of the regional lender. 

Our default rate is very low-even with self-guided tours.   

That way, ignoring the letter doesn't tank your deal, it makes the tenant in default, so you have some pressure. 

@Brandon StainesOption 1: do nothing you stay on mortgage and good is you still own 50% of house but bad is if she defaults then it hurts your credit tooOption 2: have her buy you out but that would require a new mortgage at a much higher rateNot much else you can do.

When you are just starting out, all you need is good insurance and stable and steady enough income to not worry about defaulting.

Nothing.If he defaults, or the DOS is called or any number of others things, the gator lender has to either pay off the underlying loan that is taken Subject To, or lose their entire investment.If the gator lender does pay off the underlying loan, they are stuck with about 10% costs to sell the property.

Once a default has occurred - be it missed monthly payment, note maturity, etc, the note holder or their representative send a letter to the debtor notifying them of the default and providing the statutory timeline for corrective action.

The larger outsourcing companies are also good sources - try National Default Servicing and Integrated Asset Services.Hope that helps.KP

In the end a credit score based on a sufficient credit history tells you the risk of default which is what you should actually be concerned about.