Foreclosure Processing
We lead lenders through the foreclosure process from the onset of a defaulted loan and the breach of the borrower’s obligations to the final property sale and disposition.
Reconveyances
We guide lenders as they release borrowers from completed mortgage debt through a Deed of Reconveyance. Our team manages the cancellation of security interest to simplify the lenders’ role.
UCC Sales
We conduct both private and public sales for lenders while protecting the interests of both the lender and the borrower. Upon default, we enforce lenders’ rights to reclaim their assets and the property.
“The [TLS team] has the expertise that is required for the increasingly complicated foreclosure regulations. They provide both professional and personal service. I highly recommend Total Lender Solutions.”
Don H.
North Coast Financial, Inc.
What is Pre-Foreclosure of a Commercial Property?
What borrowers think of as foreclosure is often the point of being issued the Notice of Sale. However, the foreclosure process for lenders starts at the point of default. The time between the borrower going into default and the foreclosure … Read More
Everything Lenders Need to Know About Commercial Real Estate Nonjudicial Foreclosures
Lenders know that the foreclosure process is an arduous process that lenders, especially small lenders, want to avoid if at all possible. Yet, when alternative resolution methods have been exhausted, lenders will enter the foreclosure process in order to protect … Read More
What is a Loan Trustee Service and How Does It Help Lenders?
In a loan with real estate as collateral, the trustee is the neutral third party that holds a title until it is ready to either be transferred to the borrower, transferred to another trustee, or handed over in the event … Read More