The next week, I see that somebody had, in fact, deposited the check that I originally sent over a month ago, the first day possible after I made the transfer via PayPal.

Does each new document imply a transfer in ownership of the property?

We got the first escrow cancelled and transferred to Sherane’s Title Company and also the $1,000 earnest deposit released to buyer.

. :)Edited:Well, I was right, and, IMO that guy exaggerates the impact, real estate is excluded in part, and it was applicable to gift transfers.

I am in the process of screening someone who ended up moving out of state 6 months into a lease for a job transfer, so when I contacted the ex-landlord I expected them to say that the tenant broke the lease.

That said, most 401ks don't allow for this and the situation is much more similar to the one your describe.One benefit of contributing to a 401k is the future possibility of transferring it to a retirement account that you can control and use to diversify outside of traditional assets.

(underwriter will probably want to see six months of bank statement records showing receipt of rents)- B) Builders Employee Purchase - the 85% LTV restriction is removed or may be exceeded if an employee of a builder, who is not a family emmber, purchases one of the builders new houses or models as a principal residence- C)corporate transfer - when companies buy a house and sell it to any employee who has been renting from the employer's property - D) (applicable to you) Tenant Purchase - 85% LTV restriction may be exceeded if the current tenant purchases the property where the tenant has rented the property for atleast six months immediately predating the sales contract.

If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

I wouldn't mind trying to model my P&S after what realtor's might expect to see and then adjust to be taylored towards things investors might be interested in... things like you mentioned, @Lynne Jacob, or verbiage related to "and/or assigns..." and such.At the moment, my SECTION 9 equivalent says the following:INSPECTIONS: This contract is contingent upon the Buyer’s inspection and approval of the property prior to transfer of title.

I am all about offering something in return, unfortunately, my skills right now are not transferable to the civilian world.