I'm new to this realm and am trying to understand and digest process, procedure and terminology to help me on my venture in investing. 

I'm an airline pilot and my wife a dental hygienist, looking for some passive income to supplement our regular income.

You would look for them to write down the principal and waive fees so that the property was no longer upside down.4) You could also challenge the legitimacy of the foreclosure process if there were procedural errors - like robo signers - that raise questions about the legality of the whole process.Send me the address and details of your financial position, property history, etc.

Maybe I have a bias, but for $4-500 you can take a live real estate license prep course and learn some basics about RE law, locally used contracts, local standard procedures, ask questions, etc.

I don't know what the procedure is for getting certified, and I don't know if it's possible to get it accomplished within one year.

I agree with BillYou need to familiarize yourself on corporate procedures & there are a lot of good books out there .

[[bill]] or his mom never followed any of the instructions or procedures.

http://www.adbunited.com/gb-html/trade-agent/trade-documents-procedures/ncnd.html

The procedures are different for every county in the US.

Independent loan officers or mortgage brokers know its all about relationship and people not just numbers because its how they obtain their business the mindset is just way different than a corporate banker job- advice/customer service - a good lender will be able to help guide you through the process from the procedural steps of the process along with setting the proper expectations of whats next so that you're not only financially approved but helps you through the emotional parts of the process because if you wing the process atleast from the lender end it can be very stressful for borrowers which I learned in my early days of doing this.