Understanding Foreclosure
Litigation
This presentation discusses all aspects of foreclosure action through the breakdown of the Court’s file and all the pleadings contained therein as well as a timeline for projected sale dates and possession.
Plaintiff
Learn to recognize all the parties in a foreclosure action and how they interact with one another.
Defendants in the Foreclosure
Learn about defendants in foreclosure and the different rights afforded to each of them. (You mean there can be more than one?)
Notice of Default or Lis Pendens (LP)
Learn the effect of an LP or Notice of Default on the title to real property.
The Complaint is filed
Review the body of a complaint for a complete understanding of the action.
Service of Process
Learn the steps of service of process and the danger created by a non-served defendant.
The Filing or Non-Filing of Answers
Learn what the filing of an answer does to the foreclosure action.
Final Judgment is entered
Sale date, bidding rules and prevailing party possession information is contained within this document.
Miscellaneous State-Specific Considerations and Topics
 E-mail: Rich@RichardBMeyer.com
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Richard Meyer is a proactive, create your own momentum, real estate theorist as well as the ultimate real estate student and a genuine outta-the-box thinker. (Whew, what a mouthful, I mean keyboard full) Rich seeks to convey a sense of humility, individuality and the importance of thinking outside the borders of conventional real estate wisdom when assessing default investment opportunities. He has personally participated in literally thousands of real estate transactions ranging from foreclosures (courthouse steps purchases) and home retention transactions to mortgage note purchases and (almost) everything in between.