Unless there is significant equity in the property 50% LTV may not be enough to payoff the current underlying mortgage.Now here are the exceptions to lift the COB 50% limited LTV restriction:- you inherit the property and it was transferred into your name either via legal award from a domestic partnership/marriage - you have been on title for 24 + months- you took title to the property that was transferred from a partnership or partnership like entity (LLC, LP, etc) that you can document the ownership of 25% or more in- you lived in the property and have been on title for atleast 12 months as a primary residence- you have paid the mortgage for atleast 12 months - or you can demonstrate a relationship with the obligator (domestic partner, relative, family member, etc. )If you qualify for one of the exceptions you are not limited to the 50% max LTV  when considering fannie/freddie conventional cash out refinances on a subject to transaction.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

However, rates have already fallen recently to a 15-week low.A 30-year fixed rate mortgage is sitting around 6.56% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

think about your first 1 to 2 to 5 to 10 years of ownership of a property, and the difference between:-a 1-year old furnace under warranty, and a 35 year old furnace-a house with central air, and a house without-a house with a brand new roof, and a house with a 25 year old roof-a house with a knob and tube wiring, and a fully rewired housewhich is going to have more capex? 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

The idea that Trustee has ownership in the properties is what gets most of them. 

This person told me they were doing a lease option with the owner to gain ownership from paying the back taxes.

This required previous rental property ownership history and a personal balance sheet the bank used to underwrite their risk.Due to these barriers to entry, I have been exploring a zoning change from B1-1 to RM 4.5 thinking the change will open up the pool of potential buyers with the ease of residential financing.

I'd hope that the AC contractor would check the woman's credit and home ownership before beginning such a big project.

I presume the county you're in has additional change in ownership forms which should be filed.