Has the seller gone back to his original title policy when he purchased because he may have a valid claim on his title policy and they would have to pay and he can then offer the original sellers wife done money to clear this up , have her execute a deed to him and another deed from him to you.

I just don't know the speed with which this plan will be executed.

We are presently looking at one built in the early 90s that was definitely better executed then the surrounding members of its cohort.So, my preference is a well designed and built building - {it goes without saying} at the right price - modern if possible, but not necessarily.

Two of their people sat through a presentation like this several weeks ago in Las Vegas at the MHI Congress.As a few of the readers here may know, Rishel Consulting Group added Bill Matchneer to our consulting staff when he retired from the CFPB.

Second issue - I recently wrote an offer in a land trust on a short sale but immediately after it was accepted the short sale negotiator required a copy of the fully executed trust agreement, including EIN #, proof of funds, and the date the trust was created.I was lucky enough to have the buyer already lined up for this one so we moved quick and paid the rush fee with the state of IL for the EIN # but I thought an EIN # wasn't required with a Land Trust and that its purpose was to protect the beneficiary's identity?

In the event that thePurchaser exercises its Option as provided for in the preceding paragraph, Seller agrees to selland Purchaser agrees to buy the Premises and both parties agree to execute a contract for suchpurchase and sale of the Premises in accordance with the following terms and conditions:(a) Purchase Price.

Next, and most obviously, you have to have a specific property in mind and ideally have an executed LOI (purchase agreement with the usual financing contingencies even better).

Errors and Omissions insurance is a liability insurance policy, usually for professionals, that covers the harms done if they fail to properly execute their professional obligations.There's often a risk analysis process that goes into writing that coverage that includes a contract review, just to make sure that the PM (or other professional) is adequately protected from assuming liability.

You would probably want to consult a professional accountant / lawyer to figure out the details of executing this strategy.

., RI Legal Services http://www.rils.org/) involved, those staff attorneys will have a list of items like excess security deposits that landlords commonly do without consequence, and which can be brought up in court to sway the opinion of the judge toward the tenant (their client).There is a certain amount of paranoia here, I admit.