OfflineThe first formal legal action in the foreclosure process is the filing of a Notice of Default. If the owner wasn't concerned when he first began missing loan payments, the filing of the Notice of Default should be a real wake-up call
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This is also known as lis pendens which is Latin for lawsuit pending and is filed by the lenders attorney? Or are they two separate items? the Notice of Default and lis pendens? The lis pendens is filed with the county recorders office at the court house? This is why we go to the court house, to retrieve the court documents such as lis pendens? Is there a step just before this to get ahead of other investors? Flyers, and Bandit Signs can work to our advantage but is there another tool to use? I just started reading the BARM and Your Town books so I am doing research. Learning is so much fun! Stay tuned for more ideas!
Bill G.
Never Give Up, Never Surrender!