The assumption package provided by the current mortgage holder is fairly straight forward except that it states we need a "sales (assumption) contract between seller and buyer."  

Are you a PR holder?

The loan holder wants out and I can't refi with his name on the loan. 

The IRA had no real skin in the game.The court also asked what benefits an independent holder of Roth Inc’s stock could realistically have expected based on the objective nature of the stock.

Equity is the last payout in the capital structure, so equity holders face the highest risk.Structural risk also exists in joint ventures.

. $30.00 is the maximum fee for a payoff demand statement that can be charged under California law.Page 2 of 5To: Title Company ("Escrow Holder")Estimated Closing Date: In two weeksRe: Property address ("Property")("Seller")__________________________________________________________________________________________DEMAND FOR FULL PAYMENTPLEASE COMPLETE IN FULLEnclosed are:1) Original Note for $_________________________________2) Deed of Trust (original preferred), and3) Substitution of Trustee and Deed of Reconveyance executed by all beneficiaries.

In fact, the lien holder is not allowed to touch the property for a year.

Imagine coming off a 12-14 hr night shift in the ICU and your tenant emails/texts complaining about a broken toilet paper holder...or how they locked themselves out of the house.I think the two greatest skillsets I could have benefitted from but never got around to are sales, and software/coding.

When a borrower quit claims the deed it does not wipe out his note - only paying it off does.The note is securitized by the mortgage / deed of trust so basically whoever he quit claimed it to just got a house with major title issues.If the borrower is not paying that loan the 1st note holder can continue to add penalties and late fees etc and any legal.

I realize there are other ways to get asset protection but an umbrella coverage has some advantages including the insurance has a big stake in any legal action, you are protected to the level of the insurance so no worries, and there is no need to try to maintain separation of funds.LLC will cost $800/annually tax, can be pierced if there in not good separation of assets, likely will not spare you from being named individually in any law suit, and there in no other significant stake holder to assist in the legal battle.Good luck