I’ve always heard the same thing until today, when I talked to a law firm who is actually involved with SS on a daily basis. They informed me of this:
It is illegal to transfer a deed into a trust if a property is IN foreclosure for more than 3 mos.
It is ONLY legal to transfer a deed into a trust to do a SS in Fla and ILL
I am not a lawyer, but this is just a word of caution. I am still looking into this.