The common option I've seen lately is reinstatement, even after not paying for a year +. in my experience with pre foreclosure rescue work when it was legal in OR and WA.

in a foreclosure rescue situation it can be beneficial but those are the vast minority of sub to deals..

When I was on my own and started to buy sub to in 90s and 2000 we took title sub too and it was all foreclosure rescue and all of them had significant day one equity other wise we would not fool with it.

@Jay Hinrichs says it's the same in CA and OR.https://www.atg.wa.gov/mortgage-and-foreclosure-scamshttps://www.atg.wa.gov/enforcement-actionshttps://oag.ca.gov/consumers/general/foreclosure_scams"IF YOU TRANSFERRED YOUR PROPERTY OR PAID SOMEONE TO "RESCUE" YOU FROM FORECLOSURE, YOU MAY BE A VICTIM OF A CRIME."

Code § 1343 - Fraud by wire, or commits unjust enrichment, or violates 18 USC Ch. 47: Fraud And False Statements, or perpetrates a foreclosure rescue scheme, or takes advantage of "protected person" or violates the Dodd-Frank law and/or the S.A.F.E.

Investment Info:
Small multi-family (2-4 units) buy & hold investment in St Augustine.

Purchase price: $230,000

Cash invested: $200,000

Two homes on half an acre. CURRENT FOR SALE.

Homes w...

.: What is a foreclosure rescue scheme?

Because it takes "an expert" to explain novation, avoidance of due on sale clauses, ignorance of state foreclosure rescue statues trusts, why you don't need title reports, attorneys or reserves, and don't forget to throw in the Garn–St.

One group is now offering a pref equity investment to rescue their deals, while they still actively market how they have never had a capital call (technically, accurate, but in spirit very deceptive). 

Therefore, it can be said that for each sleeping room, there must be two emergency escape and rescue opening.A bedroom ceiling needs to be at least 7 ft. tall.