Worst thing that could happen in life is that you never attempted.

I would highly recommend you let them do this for you and not attempt to do a title search yourself, unless you've done plenty of these and know what you're doing.

I am attempting to close a deal locally here in the Bay area or atleast 100 miles within San jose.

I am attempting to close a deal locally here in the Bay area or atleast 100 miles within San jose.

This was literally my first attempt to make contact and it returned this result.

Let me preface this with the fact I have never attempted any type of creative financing.I was thinking to offer them a Option Price on a 3 year lease to own.

Since it sounds like you've already negotiated price and terms, you'll need to attempt to renegotiate the closing terms, and if possible the conditions present to trigger a closing. 

When I went for the one on one all of the financial information that I gave indicated that there is no way in h.e. double hockey sticks that I should be attempting to acquire additional debt at this moment.

I will ATTEMPT to show the numbers he gave.

This memorandum should cloud the title and should be easily discovered should the seller attempt to refinance the property or get a HELOC.