I called up the lien holder and asked what he would need to release his lien.  

This is, of course, food for at least another post .

I know the tax lein holder gets their money back plus the interest amount they won at the bidding process, but who gets the rest?

The  junior (sometimes referred to as the 2nd mortgage holder) will drive the bid up because  the jr lienholder is entitled to the excess sales proceeds above (the judgment amount of) $25k.Would competitors bid as high as (or very close to) the AVCompetitors should probably bid based on the average retail value (ARV) ... not the Assessed Value. 

As stated above, except for any food or drink you happen to order there is no charge to attend.

BUt to "TEACH" and take time away from doing my deals, putting food on my table to help others.. not so much.How long..

The code and case law leave us guessing on this specific case of a plan holder providing professional services to their plan.  

And will not be able to add an individual owner's mortgage holder to the policy.I have other condo loans before, and I never had this problem.  

You only need to document the deposit for 60 or 2 bank statements.Open up a separate account for bills, food whatever.I hope this helps and PM me or post here if you have any other questions.

Looking at the downsides -- am I correct that you don't get the advantage of the discount / kicker and if the note defaults the original note owner has the opportunity to foreclose, not you as the partial note holder?