Lenders simply give the "clear to close" letting all parties involved (buyer, seller, agents, attorneys, title rep) know that a closing can be scheduled.Your agent will be responsible for vetting your buyers to make sure they have a pre-approval and can even ask for proof of funds.

By this time my file went for Clear to Close review (CTC).  

Michael, it depends upon a lot of factors.For people involved with REI, it depends upon what you want to do with the business as there are different tax rules based on type of entity.For holding rentals, I generally recommend an LLC if you are setting up an entity at all.For flipping and development, I generally recommend an S corp.For wholesaling, my recommendation would depend more upon your specific business.

the 70% rule doesnt work the same on a 600k property as it does with a 200k property so how do i find out the accurate costs involved

However, the lien dissolves unless the party claiming the lien files a certificate of lien with the registry of deeds of the county in which the property sits within 90 days of the last supply of labor or materials."

I would then call the lenders and get all details of the loan programs, fees and time frames involved.

Filing to get an LLC registered in State of TX  takes about a day or 2 max.   

A friend of mine had to do an insurance claim involving body fluids where it was disclosed to her that the insured was HIV positive. 

I would never put someone that in not involved, nor has nothing to gain or lose in-between me & my cash flow.

Included was having his electrician check to make sure the property was safe for workers which involved flipping breakers and capping off flood exposed outlets.