Episode 47: The Foreclosure Process

Real Estate Note Investing · Jul 9, 2026 · 5m · transcript

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 episode, we break down how the foreclosure process works and why understanding it makes you a better investor before you ever need to use it.

🔍 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…