I recommend you find a qualified intermediary who:Will not commingle your funds with other clients.Holds a Fidelity Bond with Errors and Omissions Insurance.Member of the Federation of Exchange Accommodators and Better Business Bureau.Wire Transfer Security measures to counter wire fraud.Have a great day!

I did sell one of my personal residences on LO and that one did payoff.. but that was an executive that got transferred from his home state to our area wanted a nice home and they did convert within 9 months once their home sold and closed..

However, in no event may a postponement period extend beyond: (a) the due date (including extensions) of the taxpayer’s tax return for the year of the transfer (See § 1.1031(k)-1(b)(2)(ii)); or (b) one year (See section 7508A(a)).(2) A taxpayer who is a transferor qualifies for a postponement under thissection only if--(a) The relinquished property was transferred on or before the dateof the federally declared disaster, or in a transaction governed by Rev.

(I’ve seen the free transfer there.) 

These risks include, but are not limited to, lack of liquidity, limited transferability, conflicts of interest and real estate fluctuations based upon a number of factors, which may include changes in interest rates, laws, operating expenses, insurance costs and tenant turnover.Investors should also understand all fees associated with a particular investment and how those fees could affect the overall performance of the investment.

If you still have the appraisal and it is completed by an AMC you can transfer it and still close on it.

If you fix it and have the receipt with a transferable warranty you should be OK.

After that, the house ownership is transferred over to me.

Transfer Taxes 10. 

They can't transfer deed to you because they haven't satisfied their note.