Further if rates go down you will likely be offered the lower rate and not tied into a higher prenegotiated rate.Collateral - many people do a blanket mortgage and are worried about unraveling in the case that they want to sell a mortgaged property.

Is finding wrong doing, unraveling the current deal, getting the deal reverted and then buying the property yourself a LONG shot... yup. 

The minute stuff starts to unravel distance becomes critical.

It took or more "top-down" approach focused on Paulson's flip-flopping with respect to whether or not government should bail out investment banks....letting Lehman Brothers unravel really hammered everything because Lehman was one of the bigger financiers of real estate (both resort and residential) as well as CMBS securities

It sounds like a good deal until you start to unravel it, the rules and hurdles one has to jump over, under or go around is complex and the Department won’t really give you any information unless the current owners give them the ok, which they won’t until I make an offer and it gets excepted.

I don't quite understand the american ideal sometimes; now here i go. i'm starting this because it was request, i understand we all come from different places and look at the same situations differently but please no name calling.There is so much intertwined here that its hard to unravel but lets take a look.

If you unravel the mystery, please let me know.

(Great deals have a way of unraveling).   

I'm just looking to avoid court proceedings that potentially could unravel a deal after a lot of money and time has been spent.  

This is far beyond our expertise to unravel and are hoping to find some saavy BP investors to present us with some reasonable options, especially considering our ages (late 60s).