The disclosure statute, effective for instruments executed on or after August 1, 2013 and modeled in part on the condominium/townhome disclosure statute, requires a “multiple seller” of residential real estate selling on a contract for deed to provide certain statutorily mandated disclosures.

In reverse order:3 - Clouds on title - Moot issue for a properly recorded instrument since the issue will have superior lien status.  

I have to compare total housing and other obligations to make sure they meet 45-50% debt to income ratios (max)- Do we have enough funds to buy out the spouse and to close this transaction + is their enough funds for reserves as required by the automated approval from fannie mae if anyOnce I've examined the above you're good to go assuming you'll be residing in this residence still post buying your ex-spouse out.

Not out of line with what we would expect for Seller Financing, but I am guessing the security instrument here is probably not correctly completed.  

For the most part ALL Promissory Notes and their security instrument provide for the Mortgagee (or it's agents such as the Servicer) to Advance to preserve and protect their interests in the real property.  

The contract to purchase would be the instrument which affords the time to execute the deed and the exclusivity for the Buyer.  

@Dev Horn Thank you sir.You are more than likely right about these sellers just coming up with a nice round, high number based on their limited research.I very much like your idea of tweaking the auto e-mail to appeal to a more specific set of folks.I am really trying to automate my follow up process to continue staying in front of them, again i believe you are highly correct about the consistency leading to more deals closed.  

Title co. then need to issue gap insurance as who knows what kind of crook could slip an instrument in between the time you buy and you actually record.

I'm trying to learn about how landlords have moved to a more automated way of doing things (if they have) for a program I'm in?

While not impossible or relatively uncommon it is not all that common due to the nature of the security instrument and the ordinary course of business most Mortgagee and Servicers conduct in the state.