ACCEPTANCE: This instrument will become a legally binding contract when accepted by the Seller and signed by both Buyer and Seller." - They never even sent me a copy of the contract signed by them!

Texas Instruments!

IE the sellers still on the hook for the mortgage and now does not have ownership of the asset.. it also can invoke the alienation clause in the debt instrument. 

But saying a contract, a legal instrument is professionally prepared means to any prudent person that the instruments were prepared or written by an attorney.

I'd go with #1 or #2.Keep in mind that HELOC is best used as a short-term instrument. 

(not just the militia).Anyway, what is worse, being killed by an instrument meant to kill or an instrument not meant to kill?

I never get bored with it and I LOVE the thrill of the hunt - finding the right deal.My wife is a week away from being a licensed realtor and she will be instrumental in the sense that I will have constant access to the MLS and REO properties.

Lenders will want to know if the borrower has savings accounts, money market accounts, stocks or bonds, negotiable instruments, cash or other real estate, or anything of tangible value.

(x) The Deed of Trust securing this note shall be subordinate to a subordination agreement which will result in your security interest in the property becoming Subject to and of lower priority than the lien of some other or later security instrument.

My pricipal instrument was french horn, but played all brass and a few others.