I’ll certainly take this as a lesson to leave no detail overlooked and to approach every aspect of my agreements with care.

Is there someone willing to guide me through this process?

We worked him through the process, brought him a contractor, and gave him all the resources along with giving him tips on layout and all.

The defendants researched and located properties that were in the pre-foreclosure short sale process more:https://www.justice.gov/usao-edtx/pr/self-proclaimed-short-s...18 U.S.C. § 1344 – Bank Fraud18 U.S.C.

This can be especially helpful if you’re uncertain about repair assumptions or costs.If it’s a contractor you’ve worked with multiple times, involving them early in the process is often beneficial.

Do they have to go through eviction processes as well? 

Curry County has it's own process, similar to Coos County that is mainly focused around waste systems and water sources.

It can accelerates process and can make numbers look very attractive (if you are open to renovations, does not need to be crazy)

@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).

As a result, Lendbase was compensated by the lender we wouldn’t ever have to pay Lendbase anything except for an $8,000 upfront fee to process unlimited loans for us for three years.