⚠ Judicial foreclosure state — expect longer timelines and higher legal costs.
⚠ Redemption period: Yes. Borrower may reclaim property after sale.
ℹ Average 9.5333 months to foreclosure — moderate timeline.
Exit Strategies
Strategy projections are estimates based on market data and historical outcomes. Consult qualified legal and financial advisors before making investment decisions.
★ Deed in LieuEitherA
ROI4,028%
Yield5,370.2%
Timeline9 mo
Success20%
Est. Profit$110,070
IRR14,164.9%
Why it works
May avoid lengthy foreclosure; borrower cooperates in exchange for a clean exit. As junior lienholder, senior obligations reduce proceeds.
Key risk
Borrower must agree voluntarily; junior liens or title issues may block.
Calculation
Property sale (85% of $132,750) $112,838 - senior obligations $0 - rehab $0 - purchase $2,732.863 - holding $35
Action Plan
1Offer borrower cash-for-keys or relocation assistance
2Borrower signs deed in lieu agreement
3Record deed transfer and clear title
4Assess property condition and complete any rehab
5List property for sale or hold as rental
Loan ModificationCash Flow519% ROI · 60mo · 40%
+$14,179
Fix & Flip (Mod & Sell)Hybrid316% ROI · 6mo · 30%
+$8,648
Discounted Payoff (DPO)Lump Sum129% ROI · 3mo · 25%
+$3,518
Full PayoffLump Sum316% ROI · 4mo · 10%
+$8,639
ForeclosureEither9% ROI · 16mo · 70%
+$236
Interested in this asset?
Schedule a call with our team to discuss this note and get detailed information.
