Chapter 29: Wraps vs Assignments
What would happen if, New Tenant/Owner (The person you sold the house to) stopped making payments, but something happened with the Foreclosure Process and you dont get the house back?
And what ARE some things that CAN happen that would make it to where you DONT get the house back,
can you be out-bid? if so, does the NEW buyer (whoever outbid you) have to pay ALL liens? So do YOU get paid if you get out-bid?
Can UL Call the Due On Sale clause when the house goes to Foreclosure?
Would the house going to foreclosure trigger the DOSC for the other Lien Position holders?