I am currently an account executive for a regional property preservation company dealing with the bid and invoicing for HUD properties, foreclosures, pre-foreclosures, bank owned properties etc.

Most do not execute on the purchase and that is ok and generally preferred. 

However, in this type they will also execute a listing agreement with one brokerage and pay them a commission if they are the procuring cause of the sale.

I am currently an account executive for a regional property preservation company dealing with the bid and invoicing for HUD properties, foreclosures, pre-foreclosures, bank owned properties etc.

Close The Deal - You've arrived at the closing table, depending on your title company you may execute a "double closing," or a simultaneous closing.

A complaintant must have (within one year) already sued, won the suit, attempted to recover via executing the collection for judgment, executed sale via the Sheriff, and come up short.

Typically this was because they could not qualify at the time of rental and were not able to qualify later when the option was to be executed or expire.

LA. has specific requirements for a BFD, follow that closely, however, the current law may be behind on title issues recognized by ALTA, so contact a title company as to insuring title and the execution of simultaneous deeds.

A few times the title company would require me to execute an amendment changing it from a cash contract to a financed contract.  

When purchasing smaller tenant occupied properties where the tenants will be remaining post-purchase, it is wise to get an estoppel certificate executed by the tenants so you, as purchaser, have some confidence that everything the seller told you regarding rents, deposits, amendments, exhibits, etc. are true and correct.