This will list every legality and tell you what your rights are, what his rights are and empower you greatly.

With no disrespect to Nate in my reply...I am an expert in this field (I stress TEXAS is my area I claim expert status in) and there is a BIG difference between a "pre" foreclosure and a "Foreclosure" as you worded it.The term Foreclosure is the legal process a lender must take to legally repo a house.

I would love to offer some advice here, but you're asking legal questions that require the response of an attorney.

Hiring a professional is a wise choce.I would not recommend LegalZoom or any other do-it-yourself road for legal paperwork.

Legal Proceedings. 4.

What legal advantage do I have and should I take here?

You can examine the beginnings of one of Tiger’s major sponsors, Nike, for a little insight on Bill Bowerman.

Advise the lender on what you would like to do (pay the home off, assume the mortgage, do a Short Sale.....) and that you are trying to find legal help with probate.

And..is it even necesary for tax / legal purposes ?

Hello I am new to this website and am inquiring about information regarding the practice of house flipping (the legal way) and was wondering if any type of license is required to flip houses.