From my understanding, all judgments are liens, but not all liens are judgments.In Illinois, for instance, if there is a senior mortgage and a junior mortgage (junior because it was recorded after the first), the senior mortgage gets paid first at auction, and then anything left over goes to the junior mortgage, and any subsequent liens on the property.Judgments in Illinois can only last 7 years before they have to be renewed, and then they can only be renewed once according to the statute of limitation.

We know many of the same people and run in the same circles, since I've been in the forced sale property game nearly 40 years.Interesting that you file QTA In Rem, as my cases typically are barring people from subsequent claims. 

I agree Buyer is entitled to any profit that may ultimately result from the subsequent resale of The Property. ________ 15.

So here, he reiterates that he never had any intention of paying the agreed-upon price, that his real intention is to lock up a property and THEN ask for a huge reduction, and hits us with his brilliant rationale: he's got them by the you-know-whats.He then goes on to detail how he further squeezes the seller, including having two contractors bid every single item (overkill), at which point he tells the seller that, should they tell him to shove off, they're screwed because they're going to have to disclose all bids and reports to every subsequent potential buyer (not true; they only need to disclose a major issue or what is known as a material fact, NOT hand over some schmo's summary opinion).And after some more enlightening "info," he ends with this: "At this point they are probably so sick of negotiating with you that they would pay you just to leave them alone – which you will, just right after they give you that big ol’ credit request!"

Subsequently having to divert resources to stage a title defense in a foreign territory could be quite a headache. 

Instead of sitting there growing mold and having forests grow out of the gutters leading to foundation problems it is repaired and subsequently lived in.  

During the financial crisis they did drop the limit to 4, but have subsequently raised it back to 10.  

Subsequently, they make more profit, if they can build houses next to each other, than if they're all in separate infill lots across the neighborhood.Then you have the bigger developments (larger than 1 house), who , in order to build something bigger, they'll have to buy a number of connecting properties or else there's not enough space.

@Jordan Freeman Yes, both Houston and Katy are getting a lot of attention and subsequently a lot of competition.

The other caveat about "right away" is that the banks' appraisal needs to be 43%+ more than what you have into it, otherwise their 70% financing (and each subsequent refinancing) won't get you all your cash back!