Holding
We may have to hold a property. I don't want to but every offer on the property is part of a housing program in our area that people are part of. This housing program offers a 0% down to 3% down. Problem is you can't change title for 30 days.
I have only held a property once. It was a semi nightmare and we lost a lot of money, BUT WE STILL came out on top. So I'm not complaining, but let's just say good old FEAR is coming at me again.
My biggest concern is when the appraisal comes in. Has ANYONE seen an appraiser really question why a house that may have been bought at 130,000 is selling at 190,000 in less than 60 days? I'm not opposed to painting and sprucing up either. Actually, I'm pretty sure I will do that.