Loans are assigned more often than not, so it might be more difficult to track down the holder to get authorization.

If you can pull off a seller financed deal, remember to structure your note with the intention to be negotiating at least one more time later, perhaps when the seller/note holder wants to tap the money well (or his heirs).

With the second largest single family asset holder in all the U.S. as a client and in addition to our own portfolio, we are one of the largest residential investors along the Front Range and welcome the opportunity to work with you from Denver to Colorado Springs.

Don't worry, there was no offense taken to us debt holders.  

An umbrella insurance policy is generally the better financial choice for most small portfolio holders.

Junior lien holders, absent subordination agreements, are wiped OFF, but the debt remains.

They usually don't apply to banks, but as an individual holder they may apply to you and if such privately held.....don't know.

If you're a US citizen (as opposed to green card holder), Fannie can work also.Give me a shout if you ever want to chat.

Review the tax suit - you need to make sure that all parties that have an interest in the property (mortgage holders, owners etc.) have been notified of the sale.

It's most like the old double closing A-B, B-C in RE, but B can retain part of the rights of the note holder.