Updated over 2 years ago on . Most recent reply
Default on Private Loan
If a borrower defaults on a loan, does the lender have the right to secure the collateralized vacant property prior to foreclosure?
Most Popular Reply
@Jamie Brasseal
As others have mentioned, it depends on a number of factors and the best course of action would be to consult with a foreclosure attorney in Ohio. Not just any real estate attorney but one who has a history and regular practice of this type of transaction in the state you have a loan on.