I don't want someone to purchase a property and then discover something that I missed and accuse me of ripping them off.

Eventually it was resolved, but I am very cautious and run title searches before paying the balance.I am dealing with a purchase now where the underwriter will not issue a tittle policy because on a previous transfer of the property the notary, witness and the seller had the same, very uncommon, last name.

I’m not naming names, because I don’t want to be accused of badmouthing my competition, however I will note that I am a reluctant property manager not looking to expand my portfolio under management.

This is consistent with what I have witnessed.  

From my experience and others that I have witnessed the best thing to do is buy a affordable single family house, stabilize it over a two year period.

Somebody wanting to sue for you backing out of a bad deal or accusing you of selling them a property with defects like unknown termite damage).

This protects the company by giving them the ability to check with witnesses, gather info, etc. to defend the suit if it comes.

He'll likely insult you and accuse you of hidden agenda's and financial problems that you are looking to solve at their expense.

Did anyone else witness this exchange?

(Thanks, Business Law with UCC applications, 13th Edition ;)) I think this portion of the law is what you're most concerned with as I'm of the opinion that your contract offers consideration (a house for money), you're legally permitted to assume that the other party to the contract possesses the capacity required, and I'm just assuming that there is nothing illegal about the exchange.Assuming your offer was in writing (real property contracts require writing), and you appointed your agent in writing, and your agent made the offer on your behalf (or you made the offer directly in writing), AND your contract spelled out clear and reasonably definite terms, AND it was signed, witnessed, and delivered, I would say you've got pretty good grounds to pursue the contract.