Section 10131.1(b)(1)(C) of the CA business and professions code says you need a license when:""The making of eight or more loans in a calendar year from the person's own funds to the public when those loans are held or resold and are secured directly or collaterally by a lien on residential real property consisting of a single dwelling unit in a condominium or cooperative or on any parcel containing only residential buildings if the total number of units on the parcel is four or less. ..."

I'm not sure about the law changes, but I believe this IRS publication still applies: http://www.irs.gov/publications/p523/ar02.html (see "excluding the gains")

I don't know how it is in California, but owner info is public record here where I live in Hawaii, so you could easily get the info and contact the owners or write them a letter.

If someone dies without known heirs, probate is usually done by the public administrator of the county of last residence.

Quite frankly the U.S public is for the most part totally unaware of just how bad things could get if these problems are not addressed.

It's unreleased to the general public for now because we want to get a ton of our clients finished successfully before we actually release it, but if you are interested please contact me.

So the public here will go in and pick their "side" and we will go along as usual.So you are at the mercy of their agenda.

Blending the two together can be done, but it will need to be drafted with clearly stated phases and closed of public notice given twice, first to give notice that the property being encumbered by an option, then for the real estate transfer.The title of your agreement could be: Option To Purchase And Sale Contract For Real Estate.Starting off with and Option To Purchase and covering the agreements of the option and then describing how the property will be take subject-to and ther terms of that transaction, being at the Option of the buyer.Some times you'll be describing on party with two or even more descriptions or positions, as the Optionee and Buyer in this case.

In my view, it is unacceptable to submit to one in public while wearing the uniform of a professional airline pilot.

The agent hosting the public open house is likely going to ask as it is their sales job to do so.That said, I have informed these agents that I am an investor and am just there to look at the house.