It jumps to 30% the day after.After the 12 months, the new deed holder needs to file a barment - foreclosure of redemption - to take ownership of the property. 

You might be able to get into the property with very little down, then give the note holder something down to be able to modify the mortgage.

& Buyers (Crypto Holders) are responsible for volatile currency that will cost a premium but will be instantly converted into cash.Middle man, in this case a broker/realtor cashes in on premiums from seller before the home is even listed.

That option holder is a backup buyer if I have to foreclose.Good LuckDerek Dombeck

The borrower just came out of BK which stayed the previous HOA foreclosure that they are continuing with, and we are now starting FC as the 1st lien holder.  

Chad,AFAIK there is nothing to preclude you from protecting your interest in the property as lien holder.

You both are correct in that there was missing info, as the 401k holder is my fiance as she was the one that has recently switched companies.

Wells Fargo was the Mortgage holder and sent me a long list of things I had to do in order for them to release it to me.The second thing I ran in to was most contractors want $150/sqft down here. 

Write down your contingencies like Wes suggested and leave that with your PM as well as the POA holder. 

So we showed them my mother in law's bank account where my wife was a joint holder.