Yes, you have to follow legal procedure to enforce your rights as a lender.

We have some weird Appeals court rulings sometimes, and it's apparent the lower courts ruled against the homeowner getting the funds, which seems to follow the existing procedures.

Offer to pay all the fees and to do all the work to keep it simple for them3 - every bank will have their own rules and procedures.

Just go through the legal procedures.

MMGs meet regularly to share ideas and critique plans in a supportive, confidential environment.Although each group establishes and agrees to its own parameters and procedures, successful MMGs are generally based on the following principles.Group Criteria:•Maximum of 8 members, to allow time for everyone to share at each meeting.

Dan Martz:We are very clear in our lease (actually the Schedule A attached to it) about the procedure for breaking the lease and the obligations of the tenant.

The same rules apply all over in real estate, it's just doing it at a distance requires better processes, procedures and checking, since you're not there. 

So I was able to acquire a recent list of preforeclosure homes around my area and I'm trying to figure out the proper procedure to target the right ones. 

If the amount is small, there are ways to work that (message me).From the bank's perspective, generally, cash and hard money should be equivalent assuming you plan to waive financing contingency.Each bank is different, but they have procedures, bureaucracy, etc that would cause a delay in responding to offers.  

In other words, does your due diligence procedure give you the ability to differentiate between the low risk and high risk sales?