Jurisdiction still lies with the same court that granted it.Just so you know the court cannot order the lender to remove your name as they are not a party, if your ex wife cannot refinance because of bad credit, the court only has 2 options, hold her in contempt for not removing you, or ordering the property sold to satisfy the mortgage.

I have been told you could be stuck w/ more than one property, so it could be risky, but you can cancel any contract, at any point prior to it being signed by the other party.

Legally the Trustee will become the party who controls the asset and usually moves to work with the Mortgagee to satisfy the lien through disposition.

If you are seeking one on one, it must be in my opinion financially rewarding for both parties.

It appears to be double payout but it is two different parties with different insurance interests in the property.

Two things usually help in order to pull this off: 1) All parties need to know that you're wholesaling (not mandatory but it helps). 2) A good relationship with a buyer ready and waiting in the wings.

The second part is going to stay here because in our contract we said that person is obligated to repay us or obligated to make a loan.

I was planning on doing all of the legal work to save him the expense and show good faith on my part. I

This depends on the areas and structures each party (association or owner) needs to insure.

Lets examine the first part is there a criteria for a seller?