Your word this came from a pension, and the fact that the check was issued from the pension to XYZ custodian is sufficient.As for the IRA, a statement that lists you as the account holder, the name of the institution, the type of IRA and the account number is sufficient.  

The second criteria is for the house to be able to cover all of its expenses with room based on the average data of its equivelants on VRBO.My husband is active duty navy. so our goal with this house is to buy a gutter, fix it up and than rent it as a vacation home so it covers all of our costs and we have a house to visit.Since it will be in a VERY expensive area we want someone else to start paying off our mortgage AND have a place holder so the houses don't get more expensive.

The parties acknowledge and agree that the Seller may cancel this agreement prior to the ending date of the contract period without advance notice to the broker and without payment of a commission of any other consideration, if the property is conveyed via foreclosure to the mortgage insurer or the mortgage holder.3.

Everything is going well but I got just got a message that we need to do a conference call with this third party verification service and the holders of the 2 existing mortgages we have.

And that note will be the lien against the deed of the house, with your lender listed as first lien holder.

I know it's a major risk, but the county assures me they're primary lien holder and the only deed concern I would have to worry about is an IRS lien (the property doesn't have one).

Repair to get to the $265k is about $40k.We felt our best strategy with the home was to put a 400 sq foot addition on the home plus a 2 car garage thus making it a 3.2.2 1500 sq foot home, which we believed would retail out $350k+I determined who the note holder was, and contacted them to let them know I was interested in purchasing the home and was in process of helping the daughter get the house through probate.

I am a strong advocate for asset protection and utilizing a deed holder entity is recommended.

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

Verify payment history with an individual holder, you need to see the deposits otherwise that can be fudged, credit is determined as to the deposit date, not a date claimed to be received.