The one bullet point non-detailed summary of who is likely to end up on one of those financial, mortgage, and real estate type crimes - to include non-felonies.In terms of timing, I just pulled a random file up from a closed transaction in Oakland, and the database checks were run 5 days after I submitted the file as a matter of course with no particular rush request or anything, which tells me that if it was going to be an issue then this borrower would have known in time for their earnest money to be protected by the loan contingency, but after they've spent a grand on appraisal and inspection.When someone volunteers that they are concerned about mysterious government watch lists, we run that check at the preapproval stage.

My wife and I are looking at a couple properties in Lynchburg and live in Fredericksburg, but before jumping into buying properties we want to get some legal advice on protecting our family.

I get it that there should be basic protections of health and safety and liveable standards. 

The auction company will tell you that the property comes with clear title and that they have a title insurance policy, I was told that is really to protect them, not you.

This will protect your uncle and you and preserve the relationship in case the deal goes south.

3)What is the best way to handle the cash buyer backing out of deal while it is in escrow to protect myself from any type of law suit of any sort?

Realtors shunned my properties, buyers were nervous because they didn't feel protected and the truth is that the MLS is a huge asset... you may squeak by on this one; but in the future factor it in as a cost of doing this type of business. 

@Stanley Parsley How would you apply such a UV disinfection device to a whole building?

@Kenneth Johnson,You actually want an entity structure to provide better isolation and protection.

Full insurance coverage, which you need anyway, will protect you the same as having a LLC.