Thanks Chris I was thinking the same thing re exposure to UBIT.

Quote from @Chris Seveney: @Jonathan B.On a reverse mortgage no, but if it’s going to foreclosure then it’s typically because it’s upside down / under water or there is no heirs.You could call the attorney and ask if they will let you know what the opening bid or payoff is on the property or do a case search on the county website and see the complaint as that will typically tell you the amount. thanks Chris,the complaint on the 1st mortgage only states the Principal balance due  - 321Kbut i know that once "Final judgement" is issued, its higher - i am just not sure given its a HECM Am i to expceted anything else given its a "Reverse mortgage" ?

Quote from @Chris Grenzig: @Cindy Joseph if you had hired us and this person contacted us for your property we would not approve them.

(Very proud of you Chris!) 

@Chris Seveney says it's not worth it, but I disagree:1. 60% of $1,000 is better than 0% of $1,000.2.

Hi Chris,Great to see that you've immersed yourself in learning and are gearing up to take action.

Quote from @Chris Seveney: Quote from @Jorge Esteban Vargas: Hi everyone.

@chris of course I did.

Quote from @Chris Seveney: I have never bought or sold anything on facebook.

Quote from @Chris Seveney: Quote from @Yixiong Pan: I’m doing some research on tax sale in GA, a newbie  question if there is a municipal lien or mechanic lien or other personal liens,  will that be wiped out after foreclosure of redemption ?