Some people will buy a property subject to the existing financing which will transfer title into there name and leave the loan in the previous title holders name, but the new owner will continue to make payments for the old owner who's name is still on the financing/loan.

On Liquidity:My thoughts are that many of the major players in the turnkey space are market makers themselves in their respective areas, so liquidity is a major issue for turnkey holders when they decide to exit.   

If the majority  interest holder is WVU, I may be able to help with contacts.

The trustee will usually be instructed to bid in on behalf of the lien holder the total of amount of the principal, interest owed, late fees and legal fees, as well as any other legitimate fees incurred by the lender.

We are long term holders.

BK attorneys for the borrower have gotten very crafty these days in ways to try to protect their clients and make the note holders very uncomfortable. 

Suppose the first mortgage holder forecloses, the property is sold at auction, and the mortgagor redeems the property within the redemption period.  

One possible idea: I suppose if the banks sold you the note before the foreclosure sale took place, you could argue that the "holder of a mortgage in default" exception should apply to you as well.

From what I understand, liens don't mean you can't sell the house, it means the lien holder get's paid part of the proceeds to cover the lien.

In my case, it's what's in the holder, plus 2 in the cabinet.