the holder of the 2nd/HELOC foreclosing would serve no other purpose other than puting themselves in a better position to light a fire inder the 1st leinholder in hopes of getting the house to market and sold quickly
El Jefe, thanks for the information. The foreclosure process costs money. Are you saying that the amount spent on foreclosing is small enough & worth the benefit of getting the 1st lienholder to act quickly ?
