Understanding their procedures will help you avoid unnecessary costs.

The commission may impose a civil penalty of no more than five thousand dollars upon any unlicensed person who, after a hearing or informal resolution in accordance with all provisions of this Chapter and the Administrative Procedure Act, is found to have engaged in real estate activity without the benefit of a currently valid license having been issued by the commission pursuant to the provisions of this Chapter.

A: The ADA does not require covered entities to modify policies, practices, or procedures if it would “fundamentally alter” the nature of the goods, services, programs, or activities provided to the public.

Procedure should be simple as highlighted.Just remember, it was on a Li’s Pendens list so the possibility of it going straight to bank owned without it going through... really an on-market preforeclosure, foreclosure or auction stage is slim to none at best.

It took me about 6 months to build this operation from scratch, because I had to make adjustments on the criteria I wanted apply in each of the verticals (I ended up with 9 channels), figure out how to get this info in the first place, then put in procedures to automate this process somehow (I started off with hiring VAs overseas, which in itself is a learning process, and now with the help of my IT friend who has partnered up with me, is in the process of automating the data extraction process using AI/machine learning). 

So my thought is HML to pay off the loan and then refi to cover the HML.I believe normal procedure would be that you'd buy the property off the Titleholder, and pay off any loans/liens at closing (regardless of whose names were attached to those). ie. 

As described in Revenue Procedure 2014-4, an entity applying for nonbank trustee or custodial powers must submit a written application to the IRS that demonstrates how the applicant intends to comply with the requirements of Treas.

But yes, I'd love to see the responses to your last question, in which you're asking to be walked through the proper procedure to make the loan from your LLC happen and use that #3 process.

Sounds like standard procedure, though.

Regardless, you need to implement insurance and proper management procedures, regardless of how many assets and equity you have.