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’s the First Step in the Commercial Foreclosure Process?
It is not uncommon for lenders to wait months or even years after a borrower defaults to begin the foreclosure process. This is often for good reasons — it is financially better for lenders to get a delinquent borrower back … Read More
How Trustees Help in Commercial Real Estate Receiverships?
During a receivership, the receiver’s role is to protect the interests of the lender or investors and maximize the value of the property. Receivers have many years of experience in managing commercial real estate assets, and they are well-equipped to … Read More
Power of Sale Clause in a Trust Deed for a Nonjudicial Foreclosure
A deed of trust is a borrowing agreement between three parties: the lender, the borrower, and the third-party trustee. Although the word “mortgage” is sometimes used in place of all lending agreements with real property as collateral, truthfully, a deed … Read More