Interested to see how this shakes out. 

I am sure their E&O insurance carrier was shaking.

The only thing we can't do is shake our client's hand.I will say that a CPA should not be setting up an entity for you unless they are a licensed attorney.

Lawyer here, so, "It depends," per usual.One of the states I own in even shakes you down for a permitting/licensing fee annually for operating a LTR.

@@Carolina SelvaundefinedHow did this shake out?

There was actually cases of Airport officials putting bullets in foreigners luggage and then shaking them down.

My general policy is to be open-minded and give people a fair shake.

You could look into getting one on your purchases.Fannie Mae announces title insurance shake up - HousingWire

If the sellers' interests no longer align, he or she needs to be informed of that and to plan for a dispute, not a closing.If there is a pending or even contemplated divorce the attorney representing OP in connection with the divorce can step in and tell everybody to back off... there will be no closing... bring your lawsuits if you must, but you'll be wasting a year or more watching this shake out.

You can use the HELOC as a down payment to buy a property if the numbers all shake out, but there are other ways you can get creative with it.I buy commercial real estate and use my HELOC for DD items and earnest money if we are temporarily in a pinch for cash.