If the seller/bank or the title company is requesting this type of deed… I assure you… It is to limit their liability!

We help seasoned investors who have over 100 properties who are looking for ways to have access to more funding; at the same time, we work with new investors to assure they structure everything properly BEFORE they get into the market so they don't run out of money too soon or over-develop their properties.  

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

This is my first post, so I assure you the others won't be so long.Warm regards,Nick

I'm no lawyer, but I can assure you wholesaling, or assigning contracts is not illegal in California.

They ask for for my info and the more senior of the two provides me with a business card, a firm handshake and assurance that they would be following up with me promptly.

The first thing we did, @Jason Turo , was to find the worst real estate attorney on the face of the earth who assured us the note and deed of trust we obtained from our first borrower was sound.

Rest assured if that happens you will be sued by your buyer.

While both PM's are great its an additional level of assurance the place is taken care of. 

I told the lender from Metro Financial Services, INC that I didn’t want to pay the fee if it’s not guaranteed that I’ll get the loan to which he assured me that I will definitely be approved for the loan & there will be a contract letter stating I’m going to get the loan funds.