I'm looking for some sort of document that the owner can sign to allow me the right to negotiate on her behalf.Since the demo is scheduled for April, that'll give me some time to get a 2nd opinion and hopefully more options.

Of course the news is always pretty far behind even with the internet and those of us on this forum know that many people have been buying property with cash.

Here in CO, the lender files a "release of lien" document with the recorded that releases the loan and effectively negates the DOT.

A word of advice, watch your closing statement and loan documents to make sure that after choosing one of these options the lender does not still try to get you to pay PMI.

If the the seller isn't readily providing documentation, it's not because the dog ate it, but because the rents are low or non-existent and because the expenses are high.All that being said, if you have the stomach for low income rentals (I don't anymore), you may be able to get yourself some seller financed deals, possibly with very little money down.

Take a look at some mortgage fraud news stories.

I would have them review one document, that you can use over and over.

When putting a deal together with multiple individuals, do you find the lender and give he or her the names of your investors, or do you have to serve as the coordinator and get all of the documentation?

I am not an attorney; but, as a licensee in the State of Arizona, I can draft legal documents relating to leases, purchase contracts, binding letters of intent, etc.

However, with the documentation presented below. i have yet to cut a commission, in addition the brochures linked below, say to use them if the lender is uncooperative with the 6 percent commission.