There is always the DISCLOSURE part that comes in to play with a license, an as an investor you want to get the most you can( not taking advantage of people) but just be the better negotiator :D .......

There are disclosures and specific forms that must be used, but its perfectly legal to buy a house in foreclosure and "flip" it to another investor or fix and flip it or whatever.As I understand, Maryland has laws that say you must return 82% of any profit to the former homeowner.

MO is a non-disclosure state, so the normal websites I would go to get this info on my own don't have any sales prices, so I need someone with MLS access.

You should have a disclosure that specifically states the loan will remain on their credit and have the seller sign that during the closing.

As long as his disclosures are signed and everyone knows the risk on subject to's then he is all on board.Plus experienced investors don't use attorneys to close subject to deals, there is no need.

I will of course need signed 4506's and 8821's in intention of full disclosure In the midwest, you can buy a house for 16,000.

The bank will have a whole fistful of disclosures and addendums.

The selling bank will have a ton of paperwork and disclosures that try to get rid of all their responsibilities.

I wrote up a non-disclosure agreement contract for the investor to sign.

One closing takes place with Buyer B purchasing with Buyer C's money.The reason that title companies won't insure such a transaction is that they know there isn't full disclosure to the short selling lender (Seller A) OR the end buyer (Buyer C) and they don't want to be involved with that.