(: is there any system that facilitates the transaction between Singapore and US? 

The way around that is to have a licensed loan broker facilitate the transaction which would provide an exemption.From your borrowers position, I don't see why they would agree to such a stiff prepayment penalty either.

Using a social security number (or Social Insurance Number here in Canada) just facilitates finding the correct credit history when the query is run ... its presence does not imply a hard enquiry.

@Victor Jernigan is the founder/ facilitator of the group.

To change the buyer's name on the contract is as simple as an addendum that any attorney or realtor can facilitate.

We fill that niche of need where the sellers have a property that they cant or don't want to sell at retail.I do truly consider this wholesaling as many wholesalers in other industries don't actually have a warehouse full of things either, the manufacturer does, the wholesaler facilitates the logistics of getting the product from the manufacturer to the retail store.

Let the seller know you are a buyer and that you do not circumvent contracts (to do so is known as Tortious Interference and it is illegal) that the agent can facilitate the transaction and as a professional he has listed the property to help you get to the settlement table, use state and local forms and disclosures and will screen you from rip-off artist and dishonest wholesales from taking advantage of you.

(Sellers concessions for repairs, etc.)If you approach me as the listing agent to make an offer, I'll make you sign a dual agency agreement that I will facilitate the transaction but can't really represent your interests or negotiate for you.

Anyway, since its an out-of-state deal, I have called 3 local agents, left voicemails and followed up with text and emails explaining that I already have potential buyers interested and ready to see the property, but I'm looking to contract with a local agent to facilitate the process for me, or sell it to other buyers and I'm fine with paying them their normal commission for their assistance. 

However, in a competitive market where deals are transacted much more quickly (and often times off-market), experienced agents/brokers with wide, deep-rooted networks, that facilitate transactions for a living will more often than not have their eyes on most properties before someone skimming the MLS will.