That keeps anyone else from bidding and allows for a potential case for deficiency judgement against borrower.

I got my judgement and the eviction process was not as bad as I thought it would be (the tenants didn't move out when they were supposed to and now I legally own all their things - bonus!).

Despite all my rightful instincts and clear judgement as a financial analyst, I still went ahead with Peter Conti's Real Estate 101 class as they call it.

No one seems to be agreeing or there is probably some nuance in all of these scenarios (and I just need to bust out my check book and pay a lawyer haha).I'm going to place a specific scenario and I want to get your guys' opinion.Say a bank foreclosed on a property with a judgement amount of 50k.

As time goes on we will see more cases and be able to make a better judgement call on weather its worth it or not.

You might be able to wholesale this to a buy and hold investor who's approaching the business from a passive angle, but for yourself and especially for any flipper, it's just too tight in my judgement.

Civil judgements, taxes, and student loans, have a way of NEVER going away, so nuke those guys with prejudice. 

So, them accepting this type of language will be based on their confidence in you getting the deal done and eliminating the possibility of a deficiency judgement.

Before you do that, check title and taxes to see if there are other liens against the property, judgements, IRS tax liens agains the owner, or back real estate taxes.

so they paid their attorney some amount of money and ended up with a 60k judgement  LOL... now I guess they could have used some asset protection in reverse.. but they were judgement proof.. no money just greedy got what they deserved..