What is it and what are the formalities of the process.

My peeps that want to be ACTUALLY super aggressive, I originate a faux 123 Main St deal and actually send it through underwriting for formal loan approval.

You could send a short letter after meeting with them that thanks them for talking to you and formally puts down that you want to buy if they decide they want to sell.

An HOA foreclosure is a judicial foreclosure.

We decided up front, and wrote it into our operating agreement  (Yes, I have a formal 15 page operating agreement with my sister.) that all decisions must be unanimous.

.- Make sure you use formal, written leases and not just "Hey you can move in and chip in for the rent" casual agreements.

Auction .com generally has 4 different scenarios for listed properties on their site.1) REO2) Trustee sale where auction.com is actually acting as the trustee3) Other foreclosure auctions where they are not involved at all....I've seen these more frequently in the last year here where all our foreclosure auctions are judicial, and done online thru the county clerk of court sites, using a third party platform (not auction.com).  

Have him go to bat for you to get a formal cancellation of the listing contract.  

Also, do I have to do a formal walk through in these processes, or is it about getting my unit back from the tenant first and foremost and then having the time to do all the admin stuff (walk thru, inspection to determine deposit return amount, etc.?)

"Show me the note" cases may be divided into four categories: Non-judicial foreclosure in which the court requires proof of the note.