LaMont Title in Detroit will insure over a tax sale transaction in which never had quiet title proceedings completed.

Seems like most good wholesalers have a small core list of buyers that buy most of their stuff and they have easy transactions with.The 5,000 person list with the huge email blast and the like is usually for things that the core group all pass on for one reason or another.Mike Nelson had a pretty good article on this topic earlier this week on the main BP Blog:http://www.biggerpockets.com/renewsblog/2014/01/16/buyers-lists/?

You probably know the requirements to get a broker's license in Indiana better than me.When selling your own property, any time you're a party to a transaction and you're a licensed agent, you need to disclose that you hold a real estate license and have an ownership interest in the property, at least in California.

One is close to where I work (about 25 mins from where I live) that's built in 1969, 3bed/2bath, half brick half wood, huge 11k sqft back yard, older but safe neighborhood currently on rehab from a guy who bought it from the owner and a agreed to pay remaining taxes on the house.

You'll understand state laws, deeds, transactions and settlements, marketing, financing, title issues, appraisal techniques and valuations along with how agents must function, what they can and can't do.

A quick question:Do we always need a earnest money deposit "EMD" in a wholesale transaction?

They can earn up to half the wholesale fee on other deals where they located deals, find the owners, call or take part in the actual transaction.

If you are facilitating the sale of real estate for compensation based on that transaction, who does that?

When I pointed out that his property tax number was almost half of what it should be at that price, he said something about using an LLC to disguise the sale transaction from the auditor.

This is confirmed with a contract that specifies all of the details of the transaction.