Finance Is the Ticket

Restaurant Finance & Development Conference

MINNEAPOLIS, MN, USA, August 21, 2019 / — Finance is the ticket, it’s always been the focus of the Restaurant Finance & Development Conference. Attendees come to the conference to raise capital for new unit development and remodels, refinance existing term debt or credit lines, sell and lease back real estate, master the vagaries of valuation and the restaurant M&A scene, and stay up-to-date on a wide variety of financial, economic, accounting, technology, delivery and restaurant business topics. All are good reasons to attend the conference.

The networking though, is best in class. We go out of our way to facilitate introductions and foster an environment for productive meetings with other attendees. We’re also proud of the number of restaurant operators we attract to the conference, and those we feature on our agenda. This year is no exception.

A complete brochure for the conference is now available online at We recommend you register now as we’ve reached capacity the past few years.

Gayle Strawn
Restaurant Finance Monitor
+1 612-767-3201
email us here

Source: EIN Presswire

This Labor Day, Save Hundreds of Dollars on the Latest Bosch 36-Inch French Door Refrigerator and More

Bosch 36-Inch French Door Refrigerators (Left: Model Number B36CT80SNB | Right: Model Number B36CL80ENS)

Bosch 36-Inch French Door Refrigerators (Left: Model Number B36CT80SNB | Right: Model Number B36CL80ENS)

Appliances Connection 2019 Labor Day Sale: Bosch Kitchen

Appliances Connection 2019 Labor Day Sale: Bosch Kitchen

4-Piece Bosch Kitchen Package: 36-Inch French Door Refrigerator, 30-Inch Induction Range, 30-Inch Under Counter Hood, 24-Inch Built-In Dishwasher

4-Piece Bosch Kitchen Package

New Bosch 36-Inch French Door Refrigerator Doors and Freezer Drawer Open

New Bosch 36-Inch French Door Refrigerator

There are tons of deals at Appliances Connection's 2019 Labor Day Sale. Look at what you'll save on a Bosch package featuring their new French door refrigerator

BROOKLYN, NY, USA, August 21, 2019 / — As the Appliances Connection 2019 Labor Day Sale approaches, we’re eager to announce amazing savings on the just-released Bosch 36-inch French door refrigerator (Model Numbers B36CT80SN and B36CL80ENS). This new model from their top-tier 800 Series is rich with features. It’s one of the few fridges on the market to have separate compressors and evaporators for the refrigerator and freezer compartments. This makes for ideal cool moist air in the fridge and dry frigid air in the freezer. Eco-Mode uses sensors to adjust internal temperatures so the unit operates as efficiently as possible, contributing to its Energy Star rating. The fridge is also Star K certified and when Sabbath Mode is engaged, opening the various compartment doors will not cause the lights to turn on or automatically activate the compressors. To learn more about the proprietary features of this refrigerator, click here to read a detailed blog post. When you purchase this French door refrigerator, you’ll get $200.00 back via a mail-in rebate. (Link to the rebate is at the end of this article.)

You’ll also have the opportunity to earn a bonus gift card only at the Appliances Connection 2019 Labor Day Sale. If you purchase the new Bosch 36-inch French door refrigerator as part of this 4-piece package, we’ll send you a $150.00 Appliances Connection gift card* This is one of the finest kitchen appliance packages we’ve offered. Along with the refrigerator, you’ll get a 30-inch range that employs the most bleeding-edge cooking technology with its induction cooktop. It also includes the handsome corresponding 30-inch hood that’s capable of extracting smoke and fumes at a furious rate of 600 CFMs. Finally, the package is rounded out by a built-in dishwasher, one of Bosch’s most lauded products.

For a limited time, when you purchase this package, you’ll get a rebate for 15% of the purchase price. The savings don’t end there. During our Labor Day sale, the purchase of four Bosch appliances will earn you an additional $200.00 rebate. To recap, if you purchase the new Bosch 36-inch French door refrigerator, you’ll get $200.00 rebate. If you buy it as part of the aforementioned package, you’ll get 15% off of the purchase price, $400.00 back via a mail-in rebate, -and- a $150.00 Appliances Connection gift card. We’ve said it before, but especially during the Appliances Connection 2019 Labor Day Sale, when you buy more, you’ll save more. Click here to download the rebates

*Please allow 8 – 10 weeks after purchase to receive the gift card.

Michael Vivar
Appliances Connection
+1 800-299-9470
email us here
Visit us on social media:

Source: EIN Presswire

The Mesothelioma Options Help Center Encourages Navy Veterans to Call for Access to Attorneys at The Steinberg Law Group

Navy Pipe Welder

The Mesothelioma Options Help Center is Here for Veterans

The Steinberg Law Group Has the Experiences, Resources and Results to Obtain the Maximum Financial Compensation Possible

The Mesothelioma Options Help Center Encourages Navy Veterans Suffering from Mesothelioma to Call for Access to Experienced Attorneys at The Steinberg Law Group

I said, ‘Mr. Brown, do you mean to tell me you would let them work until they dropped dead?’ He said, ‘Yes. We save a lot of money that way.'”

— Charles H. Roemer, former Johns Manville employee speaking with the CEO

HOUSTON, TX, USA, August 21, 2019 / — The Mesothelioma Options Help Center is dedicated to providing the best possible legal and medical assistance to Navy veterans stricken with mesothelioma or asbestos-related lung cancer. Anyone wishing to discuss their legal options should call (888) 891-2200 to speak directly with a member of The Steinberg Law Group.

The Mesothelioma Options Help Center has endorsed The Steinberg Law Group because of their vast experience in handling mesothelioma and other asbestos-related cases. With offices in New York, California and Texas, The Steinberg Law Group has a national footprint that helps obtain the best possible financial compensation for clients.

From the 1930s to the 1970s, the Navy used massive quantities of asbestos insulation and fireproofing products in ships and submarines. Often, the worst asbestos exposure conditions in the military occurred on Navy ships and shipyards. To make matters worse, shipyard workers regularly returned home covered in asbestos dust, causing secondary asbestos exposure among loved ones.

Navy occupations with the highest risk of exposure include boiler technician, machinist’s mate, fireman, pipe fitter and fire control technician. Some Navy veterans even wore equipment made of asbestos cloth such as heat-resistant gloves for manning gun turrets. Exposure to asbestos took place at naval facilities and bases in states such as Georgia, Florida, Illinois, Virginia, Maine, Connecticut, California, Washington, Maryland, South Carolina and Hawaii. Even if the asbestos exposure occurred outside of a Navy vet’s home state, The Steinberg Law Group can still get the best financial compensation possible.

For the best possible medical treatment for mesothelioma and asbestos-related lung cancer, call (888) 891-2200 so a member of our team can determine which hospitals and doctors in our vast national network are most convenient for victims of asbestos exposure.

States with the highest incidence of mesothelioma include Alaska, New Jersey, Washington, Maine, North Dakota, California, Nevada, Montana, Pennsylvania and West Virginia. For more information about mesothelioma and asbestos-related lung cancer in your area, visit or call (888) 891-2200 now.

Monica Rivera
The Mesothelioma Options Help Center
+1 888-891-2200
email us here
Visit us on social media:

Source: EIN Presswire

Tarps Now Expands Roster of Heavy-Duty Farm Tarps

Tarps Now® Expands with New Offerings of Heavy-Duty Grade Farming Tarps

ST. JOSEPH, MICHIGAN, UNITED STATES, August 21, 2019 / — High demand for Hay Tarps and agricultural tarp coverings has proven to be a catalyst for expanding offerings of tarps and coverings used in the production of hay and other farm products. Noting that unprotected hay is subject to 25 percent loss due to weathering and exposure, Tarps Now has underwritten the manufacture high quality Heavy Duty Hay Tarps that feature reinforced poly material which are designed to be resistant to the effects of Ultra-Violet Radiation which has proven to reduce the total cost of ownership, as lower grade fabrics often used by farmers across North America were far less durable.

In addition to the premium grade of fabrics utilized, the agricultural tarp coverings manufactured by Tarps Now® also feature brass spur grommets every two feet and 2-inch loops of webbing every four feet along the perimeter. This proprietary design ensures long lasting durability due to secure fittings, as well as easy anchoring of ropes, spiral pins, pipes and posts.

Heavy Duty Farm Hay Tarps

Manufactured in the United States, Tarps Now® agricultural tarp coverings have a silver exterior to reflect sunlight and reduce interior heat. Not only do these agricultural tarps protect farm products from damaging outdoor elements; they also serve to organize and consolidate farm products, resulting in easier transport to indoor storage.

Tarps Now® Farming Tarp Products:

About Tarps Now®

Tarps Now® features an extensive online catalog of heavy duty tarps, canvas tarps, poly tarps, custom tarps, vinyl tarps and industrial divider curtains. As specialists in custom canvas and vinyl tarps, they are the low-price leaders in their category. The company offers the convenience of fast, easy, online ordering as well as a knowledgeable staff to guide customers through the specification process insuring their project will be completed on time and in budget. Tarps Now® has the experience and scale to insure customer specifications are carefully followed and expectations exceeded for every project, large or small.

Michael Dill
Tarps Now, Inc.
+1 8888001383
email us here

Source: EIN Presswire to Debut EaslerLMS E-Commerce Platform at the 2019 SAPAA Conference in Philadelphia

Easler Learning Management System

Easler Learning Management System, announced today that it will debut its new online platform at the 2019 Annual SAPAA Conference taking place from September 16-19, 2019.

Our platform aims to be a centralized host of quality, up-to-date content that can be shared by industry professionals including program administrators and third party administrators.”

— Andrew Easler

ORLANDO, FLORIDA, UNITED STATES, August 21, 2019 / —, the leader in drug and alcohol testing training and education announced today that it will debut its new online platform at the 2019 Annual SAPAA (Substance Abuse Program Administrators Association) Conference taking place from September 16-19, 2019 at the DoubleTree by Hilton Hotel Philadelphia Center City, 237 S. Broad St., Philadelphia, PA 19107. The platform hosts unique, industry-specific training programs designed for industry leaders and stakeholders.

Andrew Easler, a career educator and co-founder of summarizes the motivation for the new platform, “the laws regarding training in the drug and alcohol testing industry provide for very little oversight. Even though the bar for minimum training standards is often set fairly low, there are still too many in-person and online training programs out there that consistently miss the mark. I have trained individuals who have been working in the industry and taking recurrent training consistently for decades–individuals who should, by their experience, be industry gurus–and have been amazed to find that they were never taught critical aspects of a procedure in any of their courses. They have been collecting specimens, conducting breath tests, or making reasonable suspicion determinations incorrectly sometimes for decades and no one along the way corrected them in training. I see a serious issue with that. Our platform aims to be a centralized host of quality, up-to-date content that can be shared by industry professionals including program administrators and third party administrators.”’s learning platform helps respected industry leaders including C-SAPA’s and other industry professionals to integrate learning solutions to their programs. In-house Designated Employer Representatives (DERs) and Drug and Alcohol Program Managers (DAPMs) have the option to easily invite users to the platform, purchase credits, manage their enrollment, monitor progress, and download certificates from one co-branded portal. Similarly, third party administrators will have the same options and the additional option to integrate an e-commerce system, allowing clients to purchase courses and earn commissions directly from their site.

Conference attendees can find at booth #33. Attendees will be able to meet with company co-founder James Timothy White and instructor Wade Douty who will be giving away prizes and answering questions about the program.

About is operated by Easler Education Inc. and provides the training and skills necessary for industry professionals including supervisors, drug and alcohol program managers, collection site personnel and drug testing entrepreneurs to make a positive and lasting impact in the struggle against substance use and abuse in the workplace. The course offering covers most aspects of a drug and alcohol-free workplace ranging from Designated Employer Representative (DER) courses and Supervisor Reasonable Suspicion training to DOT and Non-DOT drug and alcohol testing training.

About SAPAA:

SAPAA is a non-profit trade association whose members represent alcohol and drug testing service agents, including third-party administrators (TPAs), in-house administrators, medical review officers (MROs), DHHS Certified Laboratories, Substance Abuse Professionals (SAPs), manufacturers of testing devices, and collection sites/collectors. Our membership includes representation from all 50 states and Canada in all of the above professions. SAPAA is committed to providing members with up-to-date information concerning regulatory changes, state issues, industry trends, and member discounts on training courses and conferences.

James Timotny White
+1 888-390-5574
email us here
Visit us on social media:

Source: EIN Presswire

Bristol Booming – The Grundy Commons

Bristol, PA’s Historic Grundy Commons Leasing Redeveloped Commercial 20,000 Square Foot Space with 360° Views of the Region

…we're thrilled to see the picturesque riverfront borough return to a place of prominence.”

— Fred Baumgarten

BRISTOL, PA, UNITED STATES, August 21, 2019 / — Fred Baumgarten, owner of the historic Grundy Commons, a multi-tenant commercial hub located at 925 Canal Street in the charming, historic town of Bristol, PA, is aggressively marketing its sixth floor with a 20,000 square-foot space, 12-foot ceilings, and 360 degree views of the Delaware Canal Park. The space, which can be subdivided, is competitively priced at $12-$16 per square-foot, and is the final piece of the property’s massive 10-year modernization plan.

One of the largest office complexes in the region and the tallest building in Bucks County, Grundy Commons was originally constructed by Senator Joseph Grundy from 1880 to 1912. It now contains four connected buildings totaling more than 300,000 square feet over four acres. The restored original structure is crowned with a 186-foot-high clock tower, which is an iconic landmark in Bucks County.

Grundy Commons is now home to 25 tenants, including the engineering firm Advent Design, the award-winning Dad's Hat Rye whiskey distillery, prominent pop artist Perry Milou's art studio, Stepping Stone Dance Studio, Tim Witherspoon, Jr’s Boxing Gym, and more. The complex is fully rented, save the sixth floor, which is the last major opportunity to lease in this unique environment that’s adjacent to green space, upscale boutiques and newly opened restaurants. The complex has on-site parking and is a five-minute walk from the SEPTA train station.

"When we purchased the building in 1981, it was a rundown mill. I am proud to have redeveloped it into the center of economic growth for the community, which is enduring a significant revitalization," said Baumgarten. "Bristol has seen an uptick in tourism, commerce and recognition, and we're thrilled to see the picturesque riverfront borough return to a place of prominence."

The charming town is home to an expanding collection of restaurants, including the King George II Inn, which is the oldest continuously operated restaurant in the United States. Next door to King George II is the Bristol Riverside Theatre, which is regarded as one of the most accomplished regional theaters on the East Coast.

In 2017, Bristol was selected as the number-one small town in America by a national election held by the Deluxe Corporation's Small Business contest. The recognition was accompanied by a $500,00 prize to assist six small businesses in the community.

"Bristol on the Delaware has the charm of small-town America but with the convenience of being an easy commute to Center City, Philadelphia, and only 75 minutes from New York City," said Baumgarten.

Anyone interested in learning more about The Grundy Commons can contact or visit
# # #

Peter Breslow
Peter Breslow Consulting & Public Relations
+1 215-669-1126
email us here

The Grundy Commons in Bristol, PA

Source: EIN Presswire

LeadsForward Expands into Offering Motivated Solar Companies Live Leads & Booked Appointments

Solar Lead Generation Company

Exclusive Solar Leads

The dedicated professionals from LeadsForward are excited to team up with hungry solar companies to get more live leads and grow businesses around the country.

We strive to provide exclusive, inbound leads for hungry to grow businesses. For solar companies, this is a hot commodity, because of their usual experiences with recycled, cold leads.”

— Devon Eddy

PROVIDENCE, RHODE ISLAND, UNITED STATES, August 21, 2019 / — With solar installations for homes and businesses becoming more and more sought out, the industry is turning into one that's more competitive than what it used to be. The dedicated experts from LeadsForward are ready to work with solar contractors that are enthusiastic about expanding their companies with their new exclusive solar lead generation capabilities.

LeadsForward is a lead generation company that is located in Rhode Island with team members working together locally and around the globe. They complete collective assignments to produce high-quality, inbound, organic, live leads for solar companies in the area and throughout the United States. Since starting the business back in 2013, Cheif Executive Officer Trevor Eddy and Chief Operating Officer Devon Eddy have worked diligently to come up with a formula that has continued to provide each client with leads that turn into paying customers.

As technology continues to grow and evolve, it became apparent to the LeadsForward team how essential a quality website is to all businesses in every industry. Gone are the days when people would pull out a phonebook to find a contractor and a phone number to call to complete a job they need to be done. Today, everything is achieved through the use of the internet, and more importantly, smartphones. When individuals need a specific product or service, they turn to the devices in their hands and do a quick search. The first companies that show up are the ones that get the most business. People generally trust the companies that are found at the top. It's human nature to think that the ones listed first are the most popular and therefore the most trusted. The focus quickly turned into finding out the best method to get every contractor LeadsForward works with to the top of that list. After beginning operations, unitedly they have generated over 10,000 solar leads, $1.5 million in revenue, and have satisfied over 2,000 customers around the United States.

One of the up-and-coming industries they decided to spotlight recently is getting solar leads to a local company in Rhode Island. Now that they've discovered how successful the partnership was working with their new client, they've decided to expand those same offerings to other solar companies all around the country. Instead of trying to obtain new clients through mass emails that likely go into junk folders, making cold calls, or even going door-to-door, the group at LeadsForward takes care of everything. There is no need to put in any work to find customers when the customers find what they want after discovering a business following a quick search on their phones or personal computers.

What's unique to LeadsForward clients that can't be found with other lead generation companies is the opportunity to work together to get organic, natural, live leads. They don't develop websites that aren't going to perform because that's a waste of time and resources for everyone that's involved. The LeadsForward team doesn't work solely to increase their own revenue. They want every solar company that they are working with to see results. The only way to get results is by being seen. The only way to be noticed is to become a solar company that stands out above the rest of the competition by being listed first. Instead of paying for leads or getting recycled leads that other solar companies have already had access to, they provide real-time live leads. LeadsForward clients typically see leads that start within just a day or two after the new site gets launched.

Another highlight coming from LeadsForward for every solar company is a long-standing relationship. They have a complete grasp on how advanced solar technologies are, and how quickly they can change. The team doesn't only set up complete websites with all the information potential leads want to see before turning into live customers. They continue to work on it to ensure it's up-to-date and still performing at an optimum level. Even after the site is up and in the number one spot on Google and other search engines, the enthusiastic professionals behind the scenes at LeadsForward don't quit. They continue to update and make any necessary improvements to ensure that the company stays in the leading position. It's the only way that's proven to continue to get results over an extended period.

Clients that have worked with LeadsForward in the past have nothing but positive things to say about working with this particular lead generation company. Solar installation contractors don't have the time or resources to worry about the technical side of SEO, web design, email marketing, online advertising, and social media. With their passion and drive for wanting to help people, LeadsForward adds value to turning leads into revenue, not just focusing on getting a bigger following online.

For all solar companies that are looking for a natural, healthy, organic approach to getting highly ranked, LeadsForward has the tools, methods, and resources required to make it happen. They aren't going to collect a monthly retainer to get you leads that go nowhere. The team is always open and available for communication and willing to go the extra mile to get the results that other lead generation companies just can't compete with.

For more information, visit their website or email

About LeadsForward

LeadsForward is a local SEO agency with over 10 years of experience in working with solar companies and other motivated contractors to get high-quality leads that transform into paying customers. They are passionate about giving their clients a 100% ROI in 12 months or less, proving that they are committed. LeadsForward is a unique local SEO company because they don't ask for any money other than a small startup fee. It's only after the results that are being pursued start converting into sales that they collect. The team specializes in working together to create strong lead generation websites that highlight local SEO for solar companies and contractors with social media accounts, ads, and email marketing.

Devon Eddy
+1 (860) 331-8331
email us here
Visit us on social media:

Source: EIN Presswire

HVAC System Market 2019 Global Trends, Market Share, Industry Size, Growth, Opportunities and Forecast to 2024

Wiseguyreports.Com Publish New Market Research Report On -“HVAC System Market – Global Analysis, Size, Share, Trends, Growth and Forecast 2019 – 2024”

PUNE, INDIA, August 21, 2019 / —

HVAC System Market 2019

A recent report on WiseGuy Reports (WGR) has provided a brief overview of the industry with an insightful explanation. This overview mentions the definition of the product/service along with several applications of such a product or service in different end-user industries. It also includes the analysis of the production and management technology employed for the same. The report on global HVAC System market has given an in-depth study in some new and prominent industry trends, competitive analysis, and detailed regional analysis for the review period of 2019-2025.

Request Free Sample Report @

Key Players
The report also inculcated detailed profiling of numerous distinguished vendors prevalent in the global HVAC System market. This analysis also talks about different strategies adopted by various market players to gain a competitive edge over their peers, build unique product portfolios, and expand their reach in the global market.

The following manufacturers are covered:
Johnson Controls
LG Electronics
United Technologies
Mitsubishi Electric
Samsung Electronics

Drivers & Constraints
A comprehensive analysis of the report of the HVAC System market is provided, which includes the global presence of crucial driver and constraints that are working in the proliferation of the HVAC System market. The study based on constraints and drivers include gross margin, revenues, future aspects, historical growth, sales, and volume. According to these parameters, the opportunities are introduced in the HVAC System market that would escalate the growth during the forecast period. Along with opportunities, there comes challenges, risks, and barriers that could affect the HVAC System market during its growth period. All these parameters with this provide an in-depth understanding of the HVAC System market.

Regional Description
The HVAC System market report’s pivotal part also includes the regional description that provides a complete analysis of its growth at a global level. The number of critical regions for which the HVAC System market analysis is done in North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. These are the top-grossing regions that have observed the maximum development in every aspect of technology, businesses, population, industry and more. Therefore, the result of the HVAC System market region-wise portrays the outlook with the latest trends, opportunities, and future aspects in the given assessment period of 2024.

Method of Research
The methodology HVAC System market is done with the help of a compilation of the market information that is explained through known parameters of Porter’s Five Force Model. The current data analysis is also performed to produce an accurate and authentic forecast of the market. The research procedure is tagged as extensive, which is categorized into steps such as namely primary and secondary researches. With the help of such analysis, the possibility of a better understanding of the market is obtained through a competitive landscape in terms of parameters of strength, opportunities, weaknesses as well as threats related to the industry. This will, hence, bring out the future aspects to the business leaders worldwide. The HVAC System market report also focuses on various levels of analysis such as company profile, ongoing trends and production line, which comprise of a basic view on the market’s growth, drivers, restraints, challenges, and opportunities.

Complete Report Details @

Table of Contents –Analysis of Key Points
1 Market Overview
2 Manufacturers Profiles
3 Global HVAC System Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global HVAC System Market Analysis by Regions
5 North America HVAC System by Country
6 Europe HVAC System by Country
7 Asia-Pacific HVAC System by Country
8 South America HVAC System by Country
9 Middle East and Africa HVAC System by Countries
10 Global HVAC System Market Segment by Type
11 Global HVAC System Market Segment by Application
12 HVAC System Market Forecast (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
List of Tables and Figures

Norah Trent
646 845 9349 / +44 208 133 9349
email us here
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Source: EIN Presswire

Joffrey Long, Hard Money Expert Witness, Answers Questions From Yesterday’s Article – Foreclosures and Trustees Sales

Mortgage Expert Witness

Joffrey Long

Test Your Foreclosure Knowledge: Answers to 19 Questions from Yesterday's Article

If you can answer 40% of these foreclosure questions, you’re ahead of most of the people in our industry.”

— Joffrey Long

LOS ANGELES, CA, UNITED STATES, August 21, 2019 / — How did you do?

Let’s look at some answers:

Just a note: The trustees sale proceeds are reduced by the trustee’s fees and expenses, so any available funds would be slightly less than the price at the sale. To avoid confusion, “trustees sale proceeds” or the “amount paid at the sale,” in this article, refers to the net amount paid, after deduction of any trustees fees and expenses.

Trustees Sale Bidding:

Answer: In this case, the $400,000 trustees sale proceeds represents $90,000 in “excess proceeds” above the lender’s full credit bid of $310,000. From the $90,000, $60,000 would go to pay off the second trust deed, and the remaining $30,000 would go to the holder of the 3rd trust deed.

While the third trust deed receives only $30,000 of the $100,000 owed to them, the foreclosure of the first trust deed eliminates the 3rd trust deed holder’s secured interest in the property. At this point, the former third trust deed holder can only look to the borrower or to any other collateral that secures the loan for repayment.

Regarding the second part of the question, where the same property sold for $500,000 at the sale: In this case, there are $190,000 in excess sales proceeds in excess of the lender’s bid of $310,000. The first $60,000 of excess proceeds would go to pay off the second trust deed, the next $100,000 would pay off the third trust deed, and the remaining $30,000 would go to the foreclosed trustor/owner, assuming there were no other recorded liens or judgements.

Second trust Deed:

A lender holds a second trust deed and the first trust deed (or any senior lienholder) forecloses. The foreclosure eliminates the secured interest of the second trust deed holder (or other junior lienholders) in the property being foreclosed. The loan or debt is not “wiped out,” as many would say. The “only” (although significant) consequence of the foreclosure is the elimination of the second trust deed holder’s secured interest in the property. The term “wiped out,” although commonly used, may give an incorrect picture of what is occurring.

Answer: When a senior lienholder is foreclosing, junior lienholders commonly attempt to protect their interest by advancing funds to reinstate the delinquent loan and cure the foreclosure. Depending on their loan documents, they may add the amount advanced to the total debt and charge interest on the advance at the note rate. They could then begin their own foreclosure.

The method I usually use is to wait until the first (or senior) trust deed holder schedules a trustees sale. Prior to the sale, the junior lienholder determines two amounts: 1- The amount that the property would have to sell for at the trustees sale to generate enough excess proceeds to completely pay off their junior lien 2- the amount that the junior lienholder would be willing to pay to acquire the property. Then, the junior lienholder brings their own funds to the trustees sale and if the highest third party bid at the sale is not enough to generate sufficient excess proceeds to pay off the junior lienholder, the junior bids higher and either 1-drives up the bid price so that the excess proceeds pay off their loan, (example: The first is going to sale with an opening bid of $250,000, my second is $50,000, so as long as the house sells for 300,000 or more at the sale, the excess proceeds would pay off my second.) or 2-acquires the property. This strategy depends heavily on the equity in the foreclosed property, the junior lienholder’s ability to administer and manage the acquired property, and most importantly, on the amount of any competitive bidding.

If you haven’t attended a trustees sale, I recommend it. What’s surprising is that the majority of sales, from the time bidding starts to the time the winning bidder is announced, occur is less than 60 seconds.

Delinquent property tax:

Answer: Remember, that the first trust deed is only the first TRUST DEED. It is not necessarily the first lien on the property. Property taxes are a “super-lien,” meaning that they “cut ahead” in line in front of any trust deed. At the point of foreclosure of the any trust deed, none of the proceeds of the trustees sale go to pay delinquent property taxes. In answer to the second part of the question, the successful bidder does not acquire the property free of the taxes, they remain unpaid.

IRS Lien:

Answer: First, when the first trust deed forecloses, none of the proceeds of sale go to pay off the IRS, at least not directly from the sale. From the $400,000 paid at the auction, $310,000 would go to pay the first trust deed and the remaining $90,000 would go to the former trustor/owner.

However, depending on wherever else the IRS lien shows up, the owner may later have additional funds removed from their bank account or otherwise garnished/confiscated.

The IRS has a 120-day redemption period where they can “re-purchase” the property from the successful bidder. They repay the bidder the cash that the bidder paid out, plus interest for the time their money was tied up.

IRS liens, like child support liens and certain judgements, are recorded with the county recorder against the individual, not necessarily against a specific property – but create a lien against any property owned by the individual in the county where the lien is recorded. Obtaining a title search on the property alone might not show the lien, but when the “statement of information” is obtained and checked by the title company, the additional liens impact title to the property.

Excess Proceeds:

Answer: With a trustees sale at $400,000, the first $270,000 would go to pay off the existing first. The “excess proceeds” are $130,000 and would be distributed to 2nd, 3rd, and other lienholders, if any exist. Any amount beyond what other lienholders get would go to the trustor/borrower. (foreclosed property owner)

Trustees Sale:

Who conducts the trustees sale?

Answer: The trustee, obviously, right? Not exactly. Although it is the trustee that administers the trustees sale, the truth in today’s practice is that trustee companies generally don’t conduct the physical auctions themselves. They generally have the companies that publish the required notices in papers of general circulation, (called “posting and publishing companies”) handle the actual auction process. Where there are hundreds of trustee companies with foreclosure sales occurring every day, there will usually only be 4 or 5 auctioneers at any county’s trustees sale location that day. Each auctioneer is an employee of one of the posting and publishing companies and is likely announcing as many as 100 or 200 different trustees sales for different trustee companies. The majority of all scheduled sales are announced as postponed for one reason or another, so each auctioneer may be calling a significantly smaller number of actual auctions.

Deed in Lieu of Foreclosure:

Answer: Not always.

The problem with a deed in lieu of foreclosure is that when someone deeds you property, you acquire whatever interest in the property they had at the time of delivery of the deed to you. If, since the loan was made, the borrower has “picked up” a few judgements, other liens, an IRS lien, and a child-support lien, all of those are now “attached” to the property. If you accept the deed in lieu of foreclosure, you now get to start trying to remove all of those liens, which may be impossible. If instead, you finish the foreclosure of your lien, which is senior to all the subsequent items against the property, your foreclosure “cleanses” the title, returning it to you with only liens that were senior to your lien.

Another alternative I’ve used is to agree to accept the deed in lieu, subject to obtaining acceptable title insurance on the transfer. Just as when you buy property, this gives you a careful search of the title and more importantly, a policy of title insurance against any unknown items that went against the seller’s title. In accepting a deed in lieu of foreclosure, even with title insurance, it may be worth it to consider having an escrow on the transaction. Ask your accountant, but it may be helpful to have an escrow closing statement to verify the “price paid” for the property for calculation of depreciation or profit on any later resale.

Lender’s Bidding at the Trustees Sale:

Answer: The maximum amount of a lender’s opening bid at the trustees sale would be the total of principal owing, interest due, late charges, funds advanced, attorney’s fees, and other amounts that are due to the lender. Added to all this are the trustees fees.

As to the next question, why would a lender ever want to bid LESS than the total amount owed?

Answer: When the lender/creditor bids the total amount they are owed, it is referred to as a “full credit bid.” The challenge with making a “full credit bid” is that when the lender bids the full amount they are owed, since they then “received” the property by its reverting to them as beneficiary, in exchange for the amount they bid, and may be deemed to have been “paid in full.” This can be a problem if there are other sources to collect from, such as hazard insurance policies, in some cases, title insurance policies, or funds available from any guarantors.

A possible solution is to enter a “less than full credit bid.” For example, if the total amount of the loan and all charges were $310,000, a lender might open with a bid of $75,000 of the 310,000, leaving $235,000 “unpaid.” This better enables the lender to pursue the unpaid amount through any possible other sources. If there are other bidders, the lender may increase their minimum bid until the bidding increases to an amount equal to, or in excess of an amount that they are willing to accept. If the bids do not rise to an amount that the lender will accept, then the lender will acquire the property.

A lender or loan servicer may also open bidding with a less than full credit bid to encourage the likelihood of a third-party bidder buying the property at the sale. If the lender’s total loan is $600,000 and the property is only worth $550,000, and the lender opens the bidding at the full $600,000, there likely won’t be third-party bidders and the property would revert to the lender. In taking back the property and re-selling it, netting $500,000 may be difficult, considering holding/repair costs and the time / effort in marketing the property for sale. An opening bid of $500,000, or some other bid lower than the estimated market value, could result in the lender getting cashed out quickly from the loan by a purchaser at the trustees sale.

Although potentially important with all types of loans, there may be more frequent consideration of bidding less than the “full credit bid amount” when acting as a loan servicer for loans in the category of private money or hard money lending.

Expert witness testimony is sometimes required in mortgage litigation matters, regarding whether or not lenders or loan servicers acted correctly in setting their opening bids or any subsequent bids for trustees sales. For more information about full credit bids, Google the article, “Full Credit Bids, Avoiding the $475,000 Mistake.” I co-wrote the article with Attorney John Hosack of the Buchalter Law Firm. It was published by the California Mortgage Association, the California private money (hard money) lender’s trade association.

Is the Trustees Sale “As-Is?” Are You Sure?

Trustees sales were originally thought of as being “as is,” with lenders or loan servicers never being expected, under any circumstance, to provide any information about the property condition.

In a 1991 case, “Karoutas vs. HomeFed Bank,” the lender was aware of severe geological problems and didn’t inform prospective bidders at the sale. Ultimately, a ruling was handed down that when the lender is aware of a property defect that is not of public record and would not be observable by a prospective bidder, they are required to make a disclosure when conducting a trustees sale.

Hard Questions: “Foreclosure 103” Judicial Foreclosure

We can foreclose through non-judicial foreclosure (standard notice of default, notice of sale and then a trustees sale) or we can foreclose through judicial foreclosure, where you file a court action to foreclose. Non-judicial foreclosure can take as little as about four months and the direct fees of the foreclosure may be less than 2% of the amount of the loan. Judicial foreclosure is a “full-on” lawsuit and could take years and cost tens, maybe hundreds of thousands of dollars.

Question: Why would anyone do a judicial foreclosure?

Answer: The most common reason is the potential to obtain a deficiency judgement against the borrower for portions of the balance that are not satisfied by foreclosing on the property. When non-judicial foreclosure is used, a deficiency judgement against the borrower cannot be obtained.

What other reasons are there?

In judicial foreclosure, it’s possible to have the court appoint a receiver to take over the property, collect rents, and otherwise administer the collateral. The receiver gets a court order authorizing them to collect rents. At times, the mere threat of appointment of a receiver causes certain borrowers to re-instate their loans, or at least “come to the table,” and make arrangements with the lender.

Could you start both a judicial and a non-judicial foreclosure at the same time?

Answer: Yes. Both a judicial and non-judicial foreclosure can be commenced at the same time, but only one can be completed. The reason for conducting both may be, for example, to file the judicial foreclosure in order to appoint a receiver but complete the non-judicial foreclosure as quickly as possible, once the receiver is in place.
Through my work in private money lending, expert witness consultation and testimony, as a loan servicer, and through reviewing relevant mortgage litigation cases from the Superior Courts and Federal Courts, as well as related laws and regulations, I’ve been fortunate to have had access to this fascinating (to me) area of trust deeds and real estate lending.

Joffrey Long is the President of Southwest Bancorp, a hard money lender and loan servicer in Los Angeles, CA. He testifies in mortgage litigation matters as a mortgage and hard money lending expert witness. He is a member of the Board of Directors and the Education Committee of the California Mortgage Association. He holds a Level I and Level II Trustees Sale Officer Designation from the United Trustees Association. He’s also the originator and sponsor of the Phillip M. Adleson Education Award, for excellence in mortgage education. He can be reached at or at

This article is for general purposes only. No action, decision, or opinion should be in any way based on any of its content. Nothing in this article should be considered a standard of care or a standard for reasonable or accepted practices.

Joffrey Long
Southwest Bancorp
email us here

Source: EIN Presswire

Electro Scan Inc. Announces Major Software Release to Locate & Measure 'Pinhole' Leaks In Cured-In-Place Pipe (CIPP)

Widespread Use of Cured-In-Place Pipe (CIPP) for Trenchless Rehabilitation Results in Increase Demand for Early Warning QA/QC of Leaks, Pinholes, and Liner Permeability.

Widespread Use of Cured-In-Place Pipe (CIPP) for Trenchless Rehabilitation Results in Increase Demand for Early Warning QA/QC of Leaks, Pinholes, and Liner Permeability.

Roland Waniek, Managing Director, IKT, and Chuck Hansen, Chairman, Electro Scan Inc. at  IKT - Institute for Underground Infrastructure in Gelsenkirchen, Germany, February 2019.

Roland Waniek, Managing Director, IKT, and Chuck Hansen, Chairman, Electro Scan Inc. at IKT – Institute for Underground Infrastructure in Gelsenkirchen, Germany, February 2019.

Wrinkles, folds, and ridges, typically accepted by CCTV and visual inspection, may register individual leaks resulting from improper curing.

Wrinkles, folds, and ridges, typically accepted by CCTV and visual inspection, may register individual leaks resulting from improper curing.

New Software Release Automatically Measures Pinhole Leaks in Gallons per Minute or Liters per Second.

New Software Release Automatically Measures Pinhole Leaks in Gallons per Minute or Liters per Second.

Fast Company Honoree, Electro Scan Inc., A World’s Most Innovative Company

Increased Demand for Trenchless Pipe Rehabilitation Prompts Cities & Consulting Engineers to Locate & Quantify Pinhole Leaks to Determine Liner Watertightness

Electro Scan & Hansen Analytics have the ability to identify the major issues, where the money needs to be spent, and how to get the best return on investment for ratepayers.”

— Mark McIntire, President, McIntire Management Group

SACRAMENTO, CALIFORNIA, USA, August 21, 2019 / — Electro Scan Inc. announced today that it has released new software enhancements to locate and measure pinhole leaks in Cured-In-Place Pipe (CIPP) and other popular trenchless rehabilitation solutions.

The new release is available immediately and applies to all forms of CIPP liners, including Thermal (hot water), Steam, Ultraviolet, and Light-Emitting Diode (LED) cured liners.

Electro Scan's new software release is available for both imperial and metric customers, licensed to access the company's Critical Sewers® cloud application, with leaks quantified in either Gallons per Minute or Liters per Second.

"Electro Scan and Hansen Analytics have the ability to identify the major issues, where the money needs to be spent, and how to get the best return on investment for ratepayers," stated Mark McIntire, President, McIntire Management Group.

"Traditional pipe inspection methods have fallen short of testing and certifying new and rehabilitated pipes as watertight," stated Chuck Hansen, Chairman, Electro Scan Inc.

"We are pleased with the international acceptance of our patented Focused Electrode Leak Location (FELL) technology to deliver unbiased, unambiguous, and repeatable results to fix our crumbling infrastructure," stated Hansen.

Evaluating CIPP liners since 2014 when it completed an assessment for James City Service Authority, Virginia, Electro Scan has gone on to complete over a thousand CIPP evaluations, including review of over 30 CIPP suppliers and contractors.

Working with its UK partner on a CIPP research project for German-based IKT made Electro Scan management realize the importance of quantify leaks, including pinholes.

Recommended CIPP liner repair, replacement, or removal alternatives can be quite different given the location, frequency, and watertightness of all defects that leak.

It is also important to locate liner defects as soon as possible after installation and curing, while crews are still mobilized in the field.

“Traditional inspection methods including Acoustic and Closed-Circuit Television (CCTV) inspection are unable to identify or measure leaks," stated Mike App, Vice President, Electro Scan Inc.

"Instead, FELL's machine-intelligent solution can bring needed accuracy and simplified reporting without the need for third-party data interpretation to determine when a liner is watertight," stated App.

Electro Scan Inc. offers the only technology that is in compliance with ASTM F2550 and AWWA M77 standards for testing the watertightness of CIPP liners.

It is estimated that North American investor-owned and municipal utilities spend over $5 billion annually on trenchless rehabilitation products and services.

Recently, Electro Scan announced a 30-mile condition assessment project for Hillsborough County, Florida, and a 22-mile condition assessment project for the City of Kansas City, Missouri's Smart Sewer program.

While both the Hillsborough County and Kansas City projects are designed to evaluate existing sewer mains, prior to rehabilitation, a large number of previously lined CIPP will also be evaluated for watertightness.

In addition to designing and marketing equipment that utilities can purchase and add to existing CCTV trucks or vans, Electro Scan also licenses its patented FELL technology to authorized contractors offered on a Technology-as-a-Service (TaaS) basis.

Once FELL surveys are completed, data can be transmitted, stored, and processed in its proprietary Critical Sewers® cloud application, independently managed by Hansen Analytics LLC, with licensing available on a Software-as-a-Service (SaaS) basis.

Separately, Hansen Analytics LLC, allows customers to upload all their pipeline condition assessment data, including but not limited to Acoustic, CCTV, Dye Test, Laser, Pressure Testing, Smoke Testing, and Sonar data that can easily be ported to Geographic Information Systems (GIS), Hydraulic Models, and Management Dashboards.

Electro Scan's new software release also locates and measures small defects in plastic pipe, including High Density Polyethylene, Polyvinyl Chloride, Polyethylene, and other plastic pipes.

FELL testing is recommended to certify both gravity and pressurized pipelines for watertightness.

Founded in 2011, the company designs, markets, and supports machine-intelligent products & services for pipe condition assessment, environmental compliance monitoring, and measuring rehabilitation effectiveness. In 2019, the company was named by BlueTech Research as a ’Top 15 Water Technologies to Watch’; Fast Company’s ‘World’s Most Innovative Companies’; and, e.Republic Government Technology ‘GovTech100.’


Carissa Boudwin
Electro Scan Inc.
+1 916-779-0660
email us here
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Source: EIN Presswire