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July 9, 2026 · Robert Hytha

The Foreclosure Process

Most note investors hope foreclosure never comes up — but if you haven't underwritten for it, you don't actually know what you bought. In this.

Ep. 470:00
5:48
  • What you'll learn:

  • Why judicial versus non-judicial foreclosure states have a direct impact on your timeline and your internal rate of return

  • The difference between monetary and non-monetary defaults — and which one drives almost every foreclosure in the secondary market

  • How the foreclosure sequence unfolds from demand letter through public auction and trustee's deed

  • Why involving an attorney early often produces a resolution before foreclosure ever needs to advance

  • How to manage attorney costs when your goal is leverage rather than a full foreclosure proceeding

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