If you're wholesaling, you can always record an 'Option memorandum' clouding the title in your favor.

This will cloud the title and prevent someone else from "stealing" your deal.For more info on how to be successful with short sales, contact me...

If they really want to see evidence, you can have them go to the county recorder's office and look up your memorandum of option that hopefully you filed with the county recorder in order to cloud the title and protect you from the owner refinancing without your knowlege.

Condos & townhomes bring a whole host of potential issues ... special assessments, unfriendly landlord HOAs, lower appreciation, tougher lending requirements, inventory glut, etc.

Does BofA cloud the title on the new pre-lim to show a lein or restriction of some sort stating this property cannot transfer title for 30days?

Cloud.

Just my $.02, but I have a couple pdf applications that I could send to Josh and he could host the pdfs right on the site.

Welcome Ronald to Bigger Pockets - a fantastic Real Estate forum to learn a whole host of profitable investment strategies!!

Cloud.

Tie the property up NOW with an inspection contingency and file a Memorandum of Agreement to cloud title so that you don't have to sue for specific performance if they go around you with a new contract post tenant removal.BTW...I learned about the Memorandum of Agreement from Bigger Pockets!