Quote from @Ryan Van Fleet: Hi,I'm wondering what other Maryland landlords do with their tenant's security deposits.

Owner has an outstanding HELOC of 130k against the property.Current rents are 750 for 3 of the units and either 550 or 575 for one of them.

Outstanding post, Steve.

There are ways to hedge portfolio losses, blocks of securitized mortgages, but they don't create money from funds outstanding, so how would you account for the other $403,000 without insurance or salvage proceeds?

I always assume there is an outstanding HOA debt with a mtg foreclosure. 

If you want to pay off the loan, the outstanding escrow balance will be applied to the loan balance.  

Lastly, there's $4k in outstanding taxes that my Aunt didn't pay that are past due as well.What shall I/we do?

Will they see them as outstanding debt, or since the seller is legally liable for them would it still viewed as his debt?

Josh, I enjoy your lightheartedness and that is what has helped BP remain outstanding.

hello all Craig here from MN, I'm here to network and share ideas[POST EDITED BY ADMIN - YOU MAY NOT PITCH YOUR SERVICES OR PLACE ADS IN YOUR INTRODUCTION - ADS MUST BE IN THE CLASSIFIEDS]Have an outstanding day!