Of course you'd have to let the prospective tenant know you're in the process of buying the home, show him proof of the executed offer with understanding you will refund his/her deposits if the purchase doesn't go through and lastly to make sure the current tenant or owner will move out prior to closing otherwise they become your responsibility in moving them out.

Josh -Focusing on your second point first, I completely agree that Obama is doing a horrible job of overturning all the executive orders and bad policy of the last administration, and personally I look at this administration as a complete failure in that respect.As for moving on, it scares me that these types of policies could have been put in place by an administration without the consent or knowledge of the people.

hOw do you eXecute these chaNgEs so fast?

A self made decamillionaire from employee stock options of 10 years at a management level, not even an executive level.

The management staff at A.T.

In deeds of trust or mortgages where a power of sale exists, the power given to the lender to sell the property may be executed by the lender or their representative, typically referred to as the trustee.

The word is that the new Texas coaching staff will be:HC: Mack Brown, OC/QB: Paul Chryst, OL: Bob Bostad, RB: Major Applewhite, WR: Darrell Wyatt, TE: Bruce Chambers, DC/LB: Manny Diaz, DE: Oscar Giles, DT: Bo Davis, DB: Duane Akina.That would be a huge upgrade with the #1 recruiting class coming in!

If the borrower does not pay within the set period of time, the court will then order the property to be sold in the manner of normal execution sales.

As I am sure you already know this is a great place to network and learn.I am very heavily involved with many investments in Maryland... and know the laws fairly well.With that being said, I am concerned that you are targeting a direct mail campaign to individuals who have received pre-forclosure notices.There is a law in Maryland... the Homeowners Protection Act, that makes the activity you are planning on executing illegal.

Many people who are not real estate investors, i.e. selling their own home, mistakenly think a house is "sold" when they have an executed earnest money contract.