My dad was always interested in real estate, and I wallpapered, tiled, painted, did yard work, etc, all before leaving junior high school.  

The only time you'll see a lender bid over the total debt is when that lender is a junior lender behind a foreclosing senior loan and they are bidding to protect their interest.

Department of Treasury with usc exceptionState Tax LienLien by USA or Dept of JusticeUS Department of StateOther Federal AgenciesFrequent Superior Foreclosure-Liens:HOA or condo feesCode Enforcement for debris removal or mowingDemolition or Environmental Based LiensState child support lienBoard of County Commissioners for special assessmentsUtility LiensWater/Sewer Delinquency (only in selected states)County (and/or School/Township) for unpaid taxesCity for road improvements, maintenanceHere are some of the judgment and liens that will be wiped off from the property (not the borrower who lost the title) if the lien holders were properly notified and "had the right to bid on the property at the auction":2nd and junior position mortgages, such as home equity loans, etc...Credit Card Judgments recorded after the foreclosing mortgagePersonal Judgments recorded after the foreclosing mortgageMechanic's Liens recorded after the foreclosing mortgage

Genrally, assuming it's a first Mtg being foreclosed, all the other Private liens-junior Mtg.s, judgments, etc.that occurred after the Mtg being foreclosed was recorded-get wiped out.  

Again look here on BP and to your REIAs for recommendations and referrals for good title companies.Also, any proceeds from the sale go to junior liens and then to the borrower.  

A college degree has nearly become a necessity in today's business world and will serve you proudly and greatly in your future endeavors, whether or not the job requires a college degree.By the way, what year are you in--freshman, sophomore, junior?

Rates are $175/hr for junior partner and $250 for Senior.

But when I stop working the W-2 I do not want to be reliant on my fixed military retirement, 401k and SSA income to continue the life or better that I have now.And my grandmother passed at 94 and she was as sharp and fun loving as anyone her junior. 

Well unlike Account Closed  advice I don't think he saved you 25k in fees  LOLthis is quite simpleyou have the developer sell you the lots.. on  contract  .. the developer then subordinates his beneficial interest in said contracts to the Banks construction loan.. you are the owner you build and then sell.You can do a participation note with seller.. so they get a fixed number plus a little interest on the note and then a % of profit if you wish.now the only wrinkle will be if the construction lender will allow a junior loan on this and you having no real skin in the game.If the construction lender wants the lots as true equity.then you would need to for a JV agreement with developers portion the lots.. and what ever your business arrangement is.. if the developer has less than 20% interest in this newly formed LLC for these two build jobs.. then they will normally not be required to sign on the construction loans.Construction loans in today environment are very tough especially specs.My Portlandia bank will give me 12 specs and my Charleston bank will give me 6. so i can have 18 homes going at one time.  

I've been Researching Real Estate since i was a junior in High school and i recently closed on my first duplex.