Pretty good process.They will escrow funds until all the original loan docs get delivered to them & will release funds to the seller if you confirm.

The hard money lender won't release the funds without an appraisal .

They need to take ownership of the read on this as it is they who have to prepare the docs and release funds and are the custodian of the 45 day list.Unless you specified a purchase of a specific % interest (100% or 50%or any other %) then you fulfill the letter of the id list with your purchase of any interest in that property.  

Obviously, you don't want to release any funds to them until they can provide that and if this assignment is not recorded yet then you want to make sure that it's signed by the authorized person for "Note Holder B" & is notarized and John Doe must have the original version so it can be recorded.  

@Cody SteckYou can sell your option to purchase.I would record the option and charge an option release fee.

We don't charge tenants for the credit report since it only costs us $5 - and since we pay we don't release it.

As a result, he stated that he will not release the earnest money deposit.  

My response was short and sweet, “Why would I celebrate something that wasn’t my goal?”

My response was short and sweet, “Why would I celebrate something that wasn’t my goal?”

The lawyer says he is comfortable that we will get the release on the lien??