This starts a snowball effect back through the chain of title after the foreclosure.

Account Closed Picture me with a margarita ignoring all the people who don't read the chain, while still enjoying all the helpful perspectives I am getting.

If the second lien buyer has had it for more than 180 days and has not made it right on the first lien then you can take a risk since they are not part of the chain of title.  

I think In-N-Out is the best burger chain and it should expand to the midwest states asap.

I started my career five years ago as a regular valet and slowly worked my way up the food chain.

..Real Estate...fancy 4 course 5* meals or a hole in the wall restaurant with some mascot waving to try and market customers....some QVC or infomercial (BUT WAIT THERES MORE!!)....

Its my understanding some lenders actually audit their portfolios periodically to check for changes in the chain of title.2) How can I avoid cancellation of the title insurance coverage policy when using a quit claim deed?

What really got me hooked was listening to the podcasts - so full of info, and by downloading them onto my phone, I've been able to learn so much, all while chasing after my kids, making meals etc.

Good for you - I have discovered long ago that a seasoned investor knows lots more than an agent - agents are trained to protect their broker, represent buyers, list properties and to stay legal - I have always inferred that if agents knew what investors know - they'd be investors  representing themselves.Keep your offer simple - you don't need all that stuff that agents are required to have in their offer (you know agents do not write contracts - they can't unless they are a attorney - they can only legally fill in the blanks on a form contract of sale) - so over the many years of investing - negotiating - developing and trying to make money in real estate - I have the good fortune to have created what I call my Skinny Contract   - this is a one page contract with only one out clause - it is easy to understand by the seller and all involved in the chain that reaches to  the settlement table.    

And now I'm plugged in here with you fine folks, too :)Should I ever feel like I'd like to move up in the Rich Dad Coaching chain, it's available.