Well I developed a friendship with a certain individual who was gifted in automobile purchasing, yet had a mental block about home ownership.

As prescribed by state law, your process for transferring ownership will determine legality.

These products offer low down payments- it is an inexpensive way to home-ownership. 

In this "mixed up" ownership, the lender/servicer won't talk to you about the mortgage because you aren't the owner (you are supposed to get a POA when you close to try to address this). 

So if you're ready to take the plunge into real estate ownership, do your research and ask questions as you go so that you have all the information you need to make an informed decision.

You can look at ownership records and deed transfers in any CA county to see how much any entity is acquiring.

It's very interesting and shows all of the nightmares involving bar ownership.

When the mortgagee (in Germany) took ownership of the note, how much they paid and the estimated recovery value of the property all play into their internal decisions.

I do the LLC registrations myself online (not available ion all states), and had my lawyer draft up my first operating agreement, then I have used the same one over and over again for subsequent LLC's with the names and ownership details modified as required.

Generally a quitclaim deed relieves the grantor of liability regarding the ownership of the property.