The seller has proof the mortgage is been paid off, but as you know all the title company wants is a release of lein.

This way it encourages them to make due on the bullets that you are extending a closing for.  3 Get a dumpster and pay someone or kids to stack in them to remove asap - get money from seller for amount of dumpster.

If the question isn't answered or the solution is not found before the contingency expiration then it is a must have to get the sellers written agreement to extend the contingency period. 

I live in a community in the Northern part of San Diego along with my extended family.

Well the city came and did the inspection but flagged the property saying Smoke detectors, GFi sockets had to be installed, and some wires had to be repaired before they would release the property for electricity.

FHFA Targets Low-Income Borrowers Daily Real Estate News | Thursday, August 20, 2015 The Federal Housing Finance Agency has released new goals for housing finance giants Fannie Mae and Freddie Mac that aim to widen access to housing credit.On Wednesday, FHFA reportedly instructed Fannie Mae and Freddie Mac to provide additional support to low-income Americans taking out mortgages and refinancing home loans.

In addition, some members of my extended family got wind of my plans thanks to my mother and one of my aunts knows a few landlords who invest in NY, PA, and CT so i am looking to get in touch with them for some potential insight. 

However, if the "financial crisis" lingers for an extended period, those same areas may start to see flattening of values, and even a reversal.For the average homeowner, I would expect that many families that were contemplating purchases have seen their down payments and net worth drop a bit this past week and may well decide to sit on the fence until the dust settles.  

Im have completed my sentence (17 months) and Im no longer on probation (supervise release). 

The closing was extended 4 times due to complications with the financing (even though the buyer was pre-approved)So I agree that a cash buyer has some advantage, especially if time is of essence.