If the court rules against the borrower, the ruling will include the total amount owed to the lender and the foreclosure sale date.The sale date is typically 20-35 days after the court ruling, but this may vary depending on the individual court.Good Luck to you as well.

At the time I got the loan I had no choice but to put the lien against my dads commerical property rather then my residential homes due to LTV guidelines that hard money loans had.

I do not think the landlord has to be told at all that the individual uses a SA, but am very possibly wrong.

If I were living in it, my choice would be to not, because I would remove and alter ($$) a portion when I could.

Cash isn't required, but if the bank has a choice, they'll choose cash.As I said, I'm new to this, so if anyone else in this thread, David, Mark, Scott, Caitlyn could check out my source (in my sig) and let me know what you think, I'd appreciate it.

You should have no problem networking with like minded individuals here at the site.

And you should be conspicuous in passing out the gifts, so that those not getting them can be told as to why they are not gift recipients.Again, I'm not saying you should give a gift, only saying that if you make this choice, that you make it based on good and sound reasoning, AND that it has the possiblity of getting you some better behavior (some of the late payers might pay on time for that small gift).

Individual....if there is a cash offer then they could care less if a cow is buying the property...just as long as they get cashed out.

It doesn't sound to me as though you have any DAMAGES, and you if you're planning on suing the INDIVIDUAL it is likely a WASTE OF TIME and MONEY.Over 95% of all judgements against individuals in the US are WORTHLESS.

I just joined BiggerPockets and am excited about both the opportunity to meet individuals with real estate investing backgrounds.