The investor(actual note holder, not the servicer/bank that you'll be dealing with) sets the standard for the BPO procedures.

Even with the best of screening procedures, leases in C markets are an educated guess as to what will happen, not the legally binding contract you purport them to be.

Especially, since Matt included the language contained in the same statute which details what an agent must do (disclosure as an agent) when buying for their own account.....which is not the same procedures spelled out in the originally referenced section(when approaching as an agent for a listing).Patrick, if the reference "it's the "knowledgable" ones that give us a bad name", was directed at me, you don't know me that welI, I wish all agents as a whole had a higher standard of business practices, and knowledge.

That was probably my post.The context here is in validation of Procedure for Sale.

My research indicates that it's a very straightforward (albeit not always fruitful) process, that doesn't require a judgment enforcement agency if I follow the county's seizure procedures and am willing to pay the upfront costs (probably $500 for court & sherriff's fees).

After all that was done she had it all reviewed by her lawyer.Now in terms of the rent procedure, one of the properties is actually next door to her and my father's home.

Those are all procedural issues that attorneys handle and are have no affect when it comes time to auction.

Especially of working with preforeclosures, it's good to know laws/rules and procedures so you know what you are talking about.

What procedure did you do that led you to find out there was a Bail Bond Lien on it?

It's our standard procedure and it works wonders!