slightly off topic . in Hawaii, while on vacation we heard some loud yelling and and what sounded like a lot of domestic violence happening - I went outside and was trying to determine the location of it and soon another guy joined me who had also heard it - we discovered the room it was coming from and both approached to ask if everything was ok - a big muscle bound guy answered the door sweating and breathing heavy - he said everything was ok and that him and his girl were just having a disagreement -when asked if she was OK - he said yes - then the guy that was with me asked she could please come  outside and confirm to us that she was OK - I was a little taken back by his boldness , but was glad he asked - so she came to the door and confirmed she was OK and didn't need any assistance.

Gary Kuhn the best way to find out legal wise is to review your HOA declaration.

(CAVEAT: personal opinion, no legal standing)In Calif, I used a PCOR(preliminary change of recording) andshow sale price 0taxes 0purpose:  Change of VestingThe QC was then declared Grantor, Mr & Ms xyz, Grantee, "ABC, LLC"Also worked for vesting into Living Trust.

This essentially will have you declared by court order to be the owner of the property and will allow you to get a warranty deed. 

What are the ramifications should you own the note, aren't able to modify it/get it performing again, can't get the deed in lieu, only left with starting the foreclosure process, and during the process the occupant declares bankruptcy?

What are the ramifications should you own the note, aren't able to modify it/get it performing again, can't get the deed in lieu, only left with starting the foreclosure process, and during the process the occupant declares bankruptcy?

You better be learning your state statute because it declares what is legal and what is not.

To be clear, I am not a fan of theirs, particularly after they started muscling in on short sales, but they are legit. 

The United States District Court for the Western District of Kentucky issued an order declaring Kentucky's so-called "turf state" laws unconstitutional.

You would have to declared this at the beginning of the year to use it to file it on your taxes this year though.