Legal contracts are not toys.

First, i would start off my going to my RE attorney and asking this very question, getting legal questions answered specific to your state.Second, I have yet to see real wholesale deals on craig's list or any other public site. real deals go real fast and don't usually need such epic exposure, so I would question if any of these were deals at all.Lastly, having two middle men often turns a real deal into a no deal for the buyer.

He/She should inform you at least 5-days before hand if payment will be late. 2nd strike, enforce a overdue fine. 3rd (and hopefully would not be invoked) is a legal action.

He says that legally, this provides much more personal safety for me and my assets.

Too many agents are ignorant about creative real estate, even question the legality of something as simple as a flip or lease options.

The attorney will tell you what is legal and not legal.

I've never smoked in my life, but it just amazes me that pot isn't legal at this point.

Look up the recording in Book 833 and get the legal description of the secured property from that you can get an address through the Assessors office.Or, you could call the Trustee and ask.You might be able to do a name search for the owner as well and gey the address.The filing will show the initial lender as the note could have been sold.

I'd say the taxing authority is out of luck and so is the next owner and the mistake was allowing such properties to be on seperate legal descriptions and tax bills!

The goal is to make an upfront profit, a monthly profit and a future profit without any money down or using any credit.Each state has different laws regarding Lease Options so make check to make sure it is legal in your state and you are using the proper contracts, also the benefit of an escrow/title company is they will be able to guide you but make sure you work with an escrow/title company that is familiar with The Sandwich Lease Option.Remember to be successful action is the key...Marv Rousselow