The realtor can check out properties you are interested in making offers on to determine that the neighborhood/property are worth it.

I read somewhere that even the thought of private ownership of real property should be addressed, that property should be held by corporate interests and the public would benefit by their interests in the corporate structure......well, isn't that what we basically have, one document says you own the house a deed, the other says the bank has a lien on it and you only get to use it until the bank gives it back to you and that the goverment can step in for the public good and pay you what is basically assessed by government institutions?

The reason these two documents are so important is because they outline the rules governing ownership and operation of your business.

All he had to do was take an 8-hour class on home ownership.

I know you get under contract with an llc where you hold ownership, then transfer ownership through articles of organization.

This was one of the reasons that convinced us that ownership will be a better alternative is our situation.

So, knowing whether I was buying from the original owner of the property or whether there was a quick title change to a wholesaler during a double close would be very important to me, regardless of whether I was happy with the property and price.Just another take on the situation from a rehabber's perspective...now, all that said, I'd be surprised if you couldn't have determined this information based on the title search, the contract and the closing documents...

It shows 2 couples as owners, both having 50% ownership.

She then transfer's ownership of the property to her qualified plan.

I think you must be referring to the Preliminary Change of Ownership Report?