I was aware of the property through a colleague that I've worked with before, and we were able to negotiate the agreement before it went onto the market, which they were preparing to do.

I'm an oversea investor and i'm starting my journey on REI.When i'm still during the preparation stage and market analysis, one of the biggest challenge i'm facing is the financing.

Hello:I am preparing to enter into Real Estate investing (wholesaling, flipping, tax liens etc.)

Crazy things do happen so it is always better to be prepared. 

But I have faith that my research and preparation suggested by BP will pay off (well, maybe my faith is weak and I'm looking for a little reassurance here).

If you are well prepared and have a clear and compelling pitch, it may take less time to secure funding.

You'lll need to hire someone local that can be your "agent", who should also be prepared to represent you in court (accompanied by an attorney of course).

Mistakes in the search and examination of title, the preparation of the commitment and closing of the transaction happen every day due to inexperience, rush to satisfy demands to close and yes negligence, which generally is not fraud. 

Check your contract and make sure you have this language in it.If so, I recommend that you cancel the contract immediately; to do so, you will need to have your realtor prepare a cancellation addendum with you will sign, get the buyer to sign, before sending it to the title agent for return of the buyer's escrow.  

My wife and I are closing on a property on Dec. 28th.Best advice I can extend is to avoid over-analyzing or over-preparing.