As an example, they added 2 cupboard sections in the kitchen which could've been great, except they didn't extend the counter top, so they were using laminate flooring planks to cover them that they had just placed on-top, not even clicked together.

Usually an property inspection occurs and if the progress is approved the next set of funds is released.  

Besides doing the title in an LLC name, does not release you from liability.

I think it's mostly a way for them to cover their a$5 (seller must warranty some items such as roof leaks and plumbing for 2 years after sale, by law), and I'm not sure that it really meaningfully extends the life of the roof.

In light of the nature if the issues, you should be able to convince the current custodian to release your account without any termination fees, since they clearly are incapable.  

It'll probably take the right situation for a person to extend a potential buyer credit on something they already own, but I know it is possible with little to no money down at that.

Always make sure they sign a release form so you may reach out to the owners of the last place they lived.

The trick in PA is that we dont assign contracts, we release our rights to a contract  and get paid on the HUD 1 as a release fee.

I don't have an exact release date for you yet, but it should be very soon.Let me know if you have any questions or feedback!

As I believe all states should record the release/satisfaction from the lender.