A sale contract sets obligations on both parties to perform, if a seller sold while under contract they could have legal consequences as the sale is between those two parties.If you do a sub-to, title passes so the owner can't sell again.A first right of refusal can be used as well and actually tie up a property better than an option contract.Need to study the types of interests held by owners and tenants and conveyances of those rights and these matters will become more clear.

Some states and/or counties have exemptions to this transfer tax; check with your local registry of deeds to see if conveyance of IRA-owned property to you personally would trigger a transfer tax, and check to see if this transaction qualifies for an an exemption.It's important to note that you or any disqualified parties cannot make any use of the property until it is distributed 100% out of the IRA.

If you knew the basics about types of deeds and how property rights were shared and conveyed you'd be much further ahead.Ever noticed that many of the "better known" wholesalers have some program or mentor or coach?

As far as my personal purchase price, I'm thinking I could purchase for less b/c there would be zero commission under that scenario and we might even be able to transfer it to me w/o paying conveyance tax.

Andrew: Estoppel is a legal doctrine in common law to prevent a person {in the instance of a real estate transaction, the Vendor} from conveying or asserting an untruth.

Department of Health and Human Services states: "Medicaid liens protect Medicaid’s interest in the recipient’s former home and its right to recover Medicaid spending before the property can be conveyed to another party.

I just received a message from the Rhode Island Association of Realtors that said:"The real estate conveyance tax that is paid at closing by sellers of homes and other real estate will increase by 15% on July 1, 2014 unless you act today.Article 12 of the state budget will increase the tax $2 per $500 of the purchase price to $2.30 per $500.

NO ESCROW: I understand Buyer may choose to “close” this transaction without the use of an escrow company and may record the conveyance documents himself.

Seller agrees to convey title by a general warranty deed.5.

If in your home state (and mine) CA, we use grant deeds to convey an assured, affirmative interest.