I dropped out of college in my junior year when my fitness business started making more money that graduates in my field would have.

You need to first determine if the new lender foreclosing is junior to the one where you bought the property.  

You know what executives and junior executives are looking for?

They also have many properties now that are simply in the short sale process, which means the high bidder is entering into a short sale process, and many times junior lien holders have not been negotiated with yet.

Spending months and months negotiating short sale and junior liens and dealing with the water department isn't worth it.

Looks like your @mention didn't take.Most of my letters are from junior sized tablets, so I'm folding a 5x7 letter/note in half to fit in the envelope.

@Junior Salters,This can be a great opportunity for all.The trick is protecting your position - legally.

Often CRE veterans have a lot of business which they can share with junior brokers/partners.  

We are prepared and can fund to buy at foreclosure and then sell ourselves.Goal:Ideally - move junior liens over to Flipper's new projects, sell property to pay 1st & portion of our 2nd (we get paid delta from another property in escrow)If unable to sell, go to foreclosure and buy at auction. 

no I don't believe so the lender would get wiped out.. as they are junior to the IRS at that point. when I have done this it has been for very well qualified companies/individuals that gave me PG's IE if I got wiped out they would have to pay me off... and or I took cross collateral in other deals. its best just to buy it and wait the 120 days.