I did my 1st (and hopefully only foreclosure) this past June after 15 years of not receiving any payments. The owner refused contact and had abandoned the property.
The other times the owners and I sat down and we negotiated me taking the house back, they were all happy I took the house back.
So it was a voluntary foreclosure. I’m not criticizing you, I’m just piecing together the business model you have by selling one house over and over.
What’ll happen if you sell that house to someone who actually PAYS for it? Let’s hope that never happens.
“The other times the owners and I sat down and we negotiated me taking the house back, they were all happy I took the house back.”
In that negotiation you could even agree not to ding their credit as a sweetener.