Well, that's pretty much asking what the risk is of a tenant/buyer dying, becoming incapacitated, hospitalized, taking bankruptcy, getting a divorce, being sued, having a tax audit or even talking to a bank for a takeout loan......what's the chance?

And, these matters generally won't arise from some auditor or regulator seeing a deal that closed with unrealistic prices or terms, they generally come up after the fact by interested parties and they sue seeking relief or justice  of tortuous conduct.

An auditor will show up on your door steps (can be your home) checking for password protected PC, locked file cabinets etc. the audit was a joke.

(C) Within twenty days after a land installment contract has been signed by both the vendor and the vendee, the vendor shall cause a copy of the contract to be recorded as provided in section 5301.25 of the Revised Code and a copy of the contract to be delivered to the county auditor.

I went to the county auditors/tax assessor's website to find the owners.  

And the auditors tend to look at those loans a little different too.So while I know that some banks will do the cash out refi's with no seasoning.

I'm in Ohio and found a Vacant, Bank Owned, Unlisted property.....I looked on the county auditor website and it shows its owned by:  US BANK NATIONAL, 4801 FREDERICA ST, Owensboro, KY.It's been sitting unlisted for at least two months and I'm interested in buying it.  

Nina holds a Bachelor’s degree in Literature and Linguistics and an MBA degree in Finance and Portfolio Management from Johns Hopkins University, Baltimore, MD, where she also obtained certifications as a Contract Auditor and Investment Specialist.

Also I like to visit my county auditors website to look up specific properties and gather information about them.

Well I can only speak for myself and my surrounding counties but here in central Ohio I have never had to pay anything to look up things on the county auditors websites.