I had to do a lot of self-work and mentorship to get to a place where I didn't feel inferior in a room of (powerful, wealthy, experienced, etc.) men. 2.

In Texas for example, a first lien holder has no obligation to notify any other lien holders prior to the trustee conducting a foreclosure auction, except in the rare circumstance that a first lien holder acknowledges a inferior lien and promises notification of default written into the deed of trust.

An inferior mechanics lien would be wiped off title.You need to be able to do your own title searches.

That said, my fear is that because of the water claims, a new purchaser may not be able to get insurance on the home or the insurance available would be wildly expensive for inferior coverage. 

In Office and Retail Properties, the Seller can sign inferior credit tenants or higher risk businesses.

However one of those 3rd party companies that I work with has Appfolio and I was surprised it seems to be inferior to Buildium in a few areas.

“No one can make you feel inferior without your consent.” – Eleanor Roosevelt

However people like you HAVE to do it, because your lead generation methods are simply inferior.

Second question, is is true that if the second mortgage company (or some other inferior lien holder such as an HOA) were the one bringing the foreclosure action, the lien associated with the superior mortgage (i.e., the original mortgage) would survive the foreclosure and would still remain attached to the title and would become the responsibility (i.e., have to be paid off by) the new owners (us) who purchased the foreclosure.  

From a ROE standpoint paying cash doesn’t always offer a discount though because there are transaction costs to refinance or utilizing your cash in the deal is inferior to financing it at a higher sales price.