Do the "assignment" transaction at an attorney's office or title office just like you would when wholesaling a house?

They blamed Title Company.

Our seller's escrow company has informed us it takes 3 weeks to a month to have buyer's title insurance delivered.

Driving around for dollars does work, but it is much more efficient to contact your local title company or use a list broker and mail post cards to a list. 100 is such a small number that I would expect you to only get 1 or 2 calls.

Additionally the bank requires the borrower convey a warranty deed and clear and marketable title to you the new buyer.

You have to make sure there are NO other liens or encumbrances on the property as that will hold things up and pinch your bottom line.If you are dealing with bigger lenders, like BOA, Wells, GMAC .. many of them have language in their approvals that will prevent a direct flip or back to back closing so you are likely going to have to hold title for some time before you sell to an end buyer.

Is this a question for a tax attorney or a title company?

The owner, who is the only person on title, was in her 90's and was being cared for by her daughter.

My question is, is the mortgage policy basically title insurance for the lender?

We will NOT fund to Title Holding Land Trusts.""