Can someone, in layman's terms, describe the difference between a 'First position' note and 'Second position' note?

Florida is one of the top states getting hit hard with foreclosures. I know you should only bid on first position mortgages that are being foreclosed. How can I tell if that's the case? 
Final Judgement says: 
"Plai...

Hi all, 
Happy New year. 
My question is regarding auctions. I'm looking at an Auction sale for a condominium in Miami. The "final judgement" price is $43,000, which is levied by the Condo Association for unpaid Spe...

Hello everyone. Im in an investor here in Southern California and would like to get an idea of how to acquire an eviction list for my county. Any given info would be highly appreciated thanks.

ADAPTIVE REUSEWhat is there to know?Urban centers, suburban regions, and rural areas grapple with a significant deficiency in affordable housing. Simultaneously, the repercussions of the COVID-19 pandemic, coupled wit...

I have had a ANR lot under agreement for 9 months as the buyer. I pulled a permit to build a single family home, lined up the financing, etc. However, I have been unable to close because the seller failed to disclose ...

Hey guys. I am putting in new windows in my rental property in Milwaukee in a B class area. Most things I have read online suggest going with basic single hung vinyl windows. I plan on simply buying stock windows myse...

I am in process of developing at 2300 sq ft property in New York City to a 4100 sq ft property through a gut renovation/extension, including adding a 3rd floor to the building.  The building will be contemporary in te...

Does anyone here in the forum know much about how long it usually takes for a real estate attorney to get a court approval from foreclosure trustee and the Superior Court after filing a Motion to Substitute Purchaser?...

We bought a property through county auction. There was a HELOC mortgage put on the property years ago and the property has been transferred 3 times  since that HELOC.  Obviously our title search did not find it prior ...