It would be common courtesy to call them and let them know that they did not get the job and a reason that they were not selected.

Well, got the contract signed for $26k.

I agreed and signed the offer.

Perhaps you can do a few cheap improvements for the tenannts that add value at the same time.The rent was not raised this time--they just signed a year lease--the third or fourth time.

Maybe you sign up for a virtual number through Skype or similar and then route that number to a service provider.

You have to evaluate the ones that pass the screening to make your selection.1.

hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or credit and will allow me to actually retail these properties to end-buyers and not just wholesale them for a small profit to other investors, it sort of goes like this.1- locate and market to the people in pre-foreclosure, 2- once they contact me setup an appointment with them, 3- setup a land trust with them ( which they will be the beneficiaries and either me or a disinterested party the trustee)and have them sign a "warranty deed to trustee" doc which i will record at the my local court house, 4- also have them sign over there beneficiary interest to you which you'll store away for protection of problems that might come up in the future 5- start marketing the property as well as working on the short sale with there lender, 6- once i have my end-buyer (and hopefully my short sale is accepted in time) have my title company perform a double closing to pay off the first lender as well as myself, and to give the end-buyer clear title without any seasoning issues coming up (which i was told there has to be two separate HUD's, two separate escrow accts and etc)so my questions are: do i have all the steps down correctly or am i missing something?

Until they own the property it is not theirs to sell.If the person can not think clearly then they can not legally sign documents.

Jared,Sounds like you signed up for the accelerated learning program!

I also read recently that you can sign up for their email list, and they will email you the inventory numbers when they come out.