I can assure you that all surveys, permits, etc. have been scheduled with a timely manner & are in progress. 

While it has taken some share, I can assure you hotel owners are certainly not "freaking out".

They talked to a family member, a realtor (very old school), the realtor had never heard of such a thing.Tthey want assurance there will be no changes.

I go with the nature of what agents are for.Say i give the 1,500, what is my assurance that he will perform his end of the bargain?

Since it is an REO, the bank gets to pick their title company and I can assure you they will not perform this for you.In order to pick your own title company, you will have to offer to pay all fees including the title policy, thus increasing your acquisition costs, and this will only happen IF the bank agrees.Secondly, your end buyer must be all cash.It can be done, but it is much more difficult to wholesale an REO via simul. close.

I may have missed something, but isn't it at least POSSIBLE that the seller will cut you the $2000 check anyway (I may be naive, but I assure you, I would!)?  

In nearly 19 years of this business as a Realtor®, Broker, Wholesaler, Rehabber, and Investor at large, I can assure you one thing...It's Possible... but not easy!

He assures me don't worry trust me but the case keeps moving forward.

However, I used the same title company that I used for my other flips, that was assuring. 

., it'll probably be quicker to save up enough of your own deposit to go again.If you're buying out of state because they're cheaper, the lack of assured appreciation is one of the down-side prices you pay.