You can set it up so the seller is the member of the LLC that owns the property  so that if you are going under then the buyer is booted out of the LLC and seller takes over ownership.

Suppose you have a wholesaler with a purchase contract ready to sell to another buyer.

Not sure if how many partners are involved, but does the buyer have more or less than 25% ownership... many questions to ask and best to have a call or share your email address.If you want to share your email address

I ALWAYS recommend a buyer attend the inspection and walk around with the inspector.

Let's assume there is no CO obtained immediately after the sale (will do later after repairs are done), and no township or local-level inspections requested.Is the township automatically notified by the county of the sale or is there some mechanism by which they would learn about the sale and update their records, other than by the buyer telling them about it, or applying for a CO? 

The multi-family market has remained strong, and if rates decrease I think we see more buyers in the market irregardless of property tax increases.

It can be HOA liens, tax liens, utility liens, etc.The thing that most people don't know about courthouse steps buys is that the same buyers are always there and they all know each other.

I found this deal while working as the escrow officer for a closing where the wholesaler was unable to find an end buyer.

I found this deal while working as the escrow officer for a closing where the wholesaler was unable to find an end buyer.

When the original wholesaler was unable to find an end buyer and the contract was canceled, I seized the opportunity to purchase the property directly.