Originally Posted by AlienQ

FORECLOSING A HOUSE IS NOT A DIRECT DEAL, IT CAN GO INTO A FORCED SALE WHERE THE HOME OWNER IS ENTITLED TO SELL THE HOME TO MAKE GOOD ON THE HOME MORTGAGE.

REVIEW:

http://chicagotribune.interest.com/i...JWZ&type=daily


The legal process by which an owner's right to a property is terminated, usually due to default. Typically involves a forced sale of the property at public auction, with the proceeds being applied to the mortgage debt.

http://www.investorwords.com/2039/foreclosure.html

Ya wanna give Son Of Sam the Opportunity to resell the package to make good before you take his money? So ya holding 3600 HIS right now that is his vested interested in the package..
Give em the package have em sell it for 4k to 5K...
You get your money, he gets a small profit and no content.

Done deal.