I then swapped over to contracting with an emphasis on disaster response (fire/water/mold/smoke/storm) and general contracting, both commercial and residential.

Thanks Hai and Robert for your responses.

Just because they can't file bankruptcy for a long time doesn't mean they are going to pay all their bills and live responsibly.I will accept a discharged bankruptcy after they've show two years of responsibility AND if they pay a significantly higher deposit.

You should not be basing your final determination on responses here on BP.

Now if you are representing them in the sale, and you have a fiduciary responsibility, then that will complicate the matter.

Let’s say I didn’t do tutle research before purchase.I know that when one buys a property with a lien, the lien from previous owner is now my responsibility.

Thanks for the responses in advance.

Basics Broker is responsible for everything that goes through their office.

@Karen Margrave  who you probably know from BP she ran into this in Oregon as well.. its quite confusing to those of us that came from CA like Karen and I and there you don't need a developers license.. but you need a Real estate license to make any kind of middle man fee.. same in Oregon.I finally got tired of is this legal or not and sent in  a copy of a direct E mail piece I got from a Quote un Quote wholesaler in Oregon that I knew was not licensed and did not own the property here is the response I got from the state.State of Oregon - Real Estate AgencyFrances Hlawatsch | Financial InvestigatorBest regards,Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction.

Thank you Basit and Karen for your response.