The bank took possession of the property from the borrower in January and it is being auctioned in April.I pulled the Docket and there are various liens including the mortgage, taxes, and child support.My question:  If I win the auction, will the child support lien from the foreclosed borrower stay on the title when I take ownership from the bank?

The most frustrating part are a couple have been contentious borrowers who have been riding the free gravy train for years and dragging these out with stall tactics. 

To get started on our first real estate deal, my husband and I are planning on selling our current home  which has a small mortgage on it (15% value of home), downsize so we have no mortgage, use some cash from the sale and borrow a HELOC on our new property (in which we'll have 100% equity) to fund our first deals.

The solution is to borrow more,and hope to pay it back over time?

PartiesThis Agreement is between the lender and the borrower(s) named on the front of this Agreement.2.

Even if there is no direct impact on the FICO score, it's not rocket science to separate out borrowers who do, and do not, have mortgage forbearance on their credit reports, and offer them a different rate sheet. 

Why are you refinancing with a hml if you are a strong borrower?

A borrower goes to a Mortgage Originator to obtain a mortgage.

There are plenty of cases where banks found a phase 1 report acceptable and the borrower misconstrued that as meaning the site was clean or did not pose a significant risk.

(if the property value drops, the lender calls due the difference on LTV):"But during recessions, when property values slide, borrowers who had been at max leverage (often 75 percent LTV) find themselves having to pay down their loan to meet the required LTV.What does this mean?