At it's simplest form, all we need is a seller, and a buyer and the rest is just details.My suggestion would be to be honest, network, have a positive attitude and keep pushing yourself to help people with their situations. 

This is especially true in states with a judicial process that takes a bank a very long time to foreclose versus a non-judicial state that moves faster.What you target for real estate investing depends on if you are trying to wholesale properties, rehab and flip for resale, or buy and hold as rentals.     

Where can you find a formal inventory or listing of properties in Nicaragua?

(short answer: no) Yes he did get started with it, but he gets in to several reasons why you should consider otherwise, especially now with all this technology and resources, you can really leverage your time/money/energy and get the most out from what you've put in.      2) Georgia is a non-judicial state, meaning the foreclosure process is much shorter than judicial states.

An owner who can be found and is willing to formally abandon his property via a quit claim deed, the owner would be paid no more than 5 to 10% of the assessed value.

First thing to look for is if Montana is a judicial or non-judicial state.

I would rather use a formal contract that states exactly what will be done.

The two common types of foreclosure used in the US are Judicial Foreclosures and Non-Judicial Foreclosures.

Pretty well sums up my thoughts, too.I agree that you would be more helpful if you understood the basics of the process in your state, including the threshold for summary and formal probates, documents filed to open and establish capacity, powers and authority of the PR (person in charge) and something about the timelines that are typical.Before I developed my probate expertise, I started working Foreclosures as you have, in 1978. 

However, all a beneficiary (or heir or other claimant) would gave to do is file a formal  objection to the anticipated sale and this would turn your simple sale into a sale requiring court confirmation, even if Executor was cooperative in your plan.