I've heard of closing attorneys, title companies just ignoring.  

The area you should consider speaking with an attorney is regarding the purchase of the home and ensuring title is accurately placed within the LLC.

to the title

        @Mike MoRo          Are you in the process of getting title (filed suit) to the property and discovered there is this lien or have you recorded your deed and somehow discovered this?

That's why I titled my question "How far do you go before you walk away from a deal"....

is your name going to be on the title of the property ?

I am looking for a title company who can do double closings.I need someone in Chicago who know how to do double closing" as investors meant it--essentially, you sell the foreclosure to someone else, and then you use the proceeds to pay for that same property--it's nearly impossible to find anyone to do that any more.

Their spe LLC is going on the title, it's going on the mortgage, it's going on the deed.

I walked the outside of the outdated property and snapped some pics, rolled some numbers in my head around:Mid-range ARV around 400knew doors and windows throughout, 15k including entries for good stuff (I know that's high, better to err on the side of caution)fresh paint in/out at $5 per sf for good stuff, call it 9kflooring throughout, 6.2k at $3.50 a sf2 bathrooms, 15k kitchen 20k including appliancesso about 55-60, plus some extra for unforseen and pool, so 65-70k, leaving me an offer of 200-230ishI'm sitting in this driveway for a solid 45 minutes taking notes, running numbers, pulling title info & last sale price/date (Chicago Title mobile app), etc.  

@Lisa MazzarriI can give you a list of Chicago title companies who can double close.