My guess is that this guy has some lawsuits already pending, or an arrest or conviction. 

. :)Look at the cash required to stop the foreclosure, the HOA liens/law suit and to get rid of the tenant.  

They basically said that if there is an issue and a lawsuit is filed, all parties will be named.

To be sure, in this case, it certainly appears to be theft, but make sure you are on solid ground as you don't want to be on the wrong side of a lawsuit.

In trustee states (States that do not require a lawsuit to foreclose) the trustee for the lender exercises the "Power of sale" clause in the contract and do not use the courts.

I was recently told by my financial advisor that retirement accounts are lawsuit proof, does the same apply for a self directed account that is invested in real estate, or will the type of investment open you up to litigation?

The value isn't 50% of the appraised value, because in joint tenancy the only way to obtain full title, without any agreement, is to ask the court for a partition of the property, basically a friendly law suit and that will have costs involved.

In Denver, these properties can be pretty expensive but there are several homes with in-law suites or carriage homes that you can find.

The reason that the property has not been offered as of yet could be anything from a title issue, code violations, pending lawsuit or insurance claim or any multitude of issues.

Do not rely on "quick and dirty run downs" for setting up a business that is supposed to protect you from lawsuits and prevent judgment creditors from getting at your personal savings.