There must be some kind of safeguards that can be used though to prevent this situation.

I've never heard of the burners going on themselves, since there are usually a number of safeguards involved.

Most states allow you to take possession of the property if it has been abandoned to secure and safeguard it against any potential damage.  

The federal reference above is confirmation that it was received and sent as I have also confirmed that with your attorney's office so at this point I'm wondering why you're complaining when the money was wired on time, albeit, I attempted to wire the business day before because banks basically need everything shy of a retinal scan to facilitate wires especially when we put the internal controls to safe guard our clients and ensure all clients money is protected every day all day 365 days a year.Again, I really respond, if ever, like this but, in this situation, where my characters called into question for the first time in my professional career I have to provide a firm response so I will post when I arrive back to the office emails referenced above to establish additional evidence that your money was never at risk, was the first thing and the last thing I dealt with a business day before and the first email I sent at 830 am this morning to ensure a smooth closing.

The owner is not responsible for the safeguarding of the property. 

The program you describe sounds a bit like Safeguard. 

The volume just isn't there with local brokers because most of the volume is handled by middleman companies (Safeguard, FAS, Cyprexx, etc.).If you have any questions feel free to message me.

In each project you’ll have your share of issues, but your ratio of success is always going to be better when you’ve properly planned and have Safeguards in place.

@Jay HinrichsI agree with you related to the general class of sub to sellers and that many of them wouldn't quite understand about the insurance but, in general, I told all of them that we had safeguards in place to make sure their notes were paid in a timely fashion and that if their credit scores were being hurt because of their payment history prior to the sale that it was likely that their credit scores would rise after the sale (all else being equal). 

I'm looking at a company called Safeguard Advisors who deal in self directed ira's and other investment.