Difference between discharged and dismissed.Dismissed is when through the repayment plan of a chapter 13 for example payments are missed or there is another reason the case is filed to be dissolved voluntary or involuntary.Generally the banks that own the note will not talk to the property owner during a BK unless they direct and authorize in writing that it is okay because the bank can get fined for violating the stay and pursuing a collection activity.You can have a BK still in place but the lender on the property or the filer might allow a relief of stay for just the house etc.

In this regard, we can use the Census Bureau data to see how many homes are just sitting vacant, owner occupied or being rented.

The only way to know is to read the contract.What they have done is to eliminate the responsibility of the settlement agent to ensure the terms and agreements contracted have been met, they can't be responsible for something they have no knowledge of.Your title insurance is an insured closing, meaning the title insurance covers errors and omissions in the closing and settlement according to the contract as agreed, if they don't get the contract they can't ensure terms were met and they won't insure any error in missing something not disclosed.IMO, your settlement agent and title insurance company are avoiding risks by simply accepting instructions and basically performing only an accounting and administrative function of filing and document collection along with tax filings.

Gathering the letter likely increases friction for capital moving to your deal and reduces the audience for investments because they're unwilling to surrender data to promoters or their advisers are unwilling to write the letter for liability reasons.

Rentals for me are easy money, I collect my rent- hope I don't get a phone call for the month about repairs, wait and collect rent next month.It is however not a road without potholes- I've had tenants who left me with roaches falling from the ceiling when I open the front door.

In my subdivision, HOA took it over at a very early stage.HOA due here is collected from lot owners with or without homes.Builders who own the lots pay the same amount as home owners.

Any Statistics/data?

Renters depreciate mobile homes more than you know, versus someone that you sell the home to and collect payments.Do you know this area of MS?

The court may then, after the foreclosure proceeding, collect on the bail amount that is owed.

Explain to them that due to your strategy you are not ready yet to sell the property but if they came up with a 10k option payment to buy in 12 months, you can start to re-deploy the capital in another area, while still collecting rent.