The junior deed of trust has an outstanding balance of ~$700k (will be wiped out via the foreclosure) and there aren’t any overbid funds for the holder of the junior deed of trust.

This law prohibits an institution from disclosing a consumer’s nonpublic personal information like Social Security numbers, income, and outstanding debt, to companies that are not legally related to the institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties, which an owner would be.

Typically the maximum loan is the lesser of $50,000 minus your highest out standing balance in the last 12 months or 50% of your vested account balance.   

Better access to highway?

Lennar is expected to build another 10,000 homes in this area, highways are eventually supposed to connect to each other with new roads developed through this community.

They built 5 or six of them right together right off of highway 97.

With the I-87 highway expansion, Zebulon and Wendell are becoming great alternatives while Clayton is benefiting from the completion of the I-540 loop.

You can prepare yourself for that by having another inspection conducted 10 months in then bringing that to the builder to see if they can fix anything outstanding for you, before the warranty is up (if applicable).In summary, buying a new build means you have to arm yourself with information so that you know what you are getting into.

I am currently looking at a property 1 in an area I'm sort of familiar with. property is  going for 130K 4bed/2baths and surrounding property are valued at around 100-222k it is off a mainstreet thats 5 mins away from the highway and shopping stores.

I think the MHP I'm looking at wouldn't be a great fit given how far away it is from a major highway, but I like this idea.