In a partnership, the individual bought a mobile home park with insurance binder pending a few skirts and handrail repairs. 

Is the house currently sale pending?

-make sure the association doesn't have any existing or pending legal actions, this likely will disqualify the complex by your lender. 

With overages you only need 3 contracts, pending on your state and you will need to get a power of attorney and a traveling notary. 

Average sales price rose 14.1%, Pending sales up 26.4% and closed sales volume went up too.

Pending the definition of "gutted", your costs to rent ready could be 15 - 25K/unit on these 'other two' buildings.

The bank knows nothing about the owner’s staying or the “deal” you have pending with them.

As a buyer, you could file a Les Pendens (notice of suit pending) to follow for failure of specific performance, only takes one party and it will stop any other sale, but you better be prepared to follow up!

Forgive me for my newbie question I'm really interested in wholesaling, what's the advantage to a seller to transfer their mortgage outside of a pending foreclosure?

I left a pending sale vacant for 3 months at the end of last year to be sure I closed this year (for tax purposes).