Credits to settlement costs excluding pre-paid items such as insurance or taxes, is not financing as those credits don't reduce the purchase price. 

That knowledge takes about a week to read through, in 3 weeks you''l be comfortable with accurate comps, settlement requirements, title requirements and valuations as well as buy and hold strategies.

You'll want a HUD-1 settlement statement to prove that an actual sale took place.

@Reggie MaggardHere is an excerpt from a link I'll give you:In fact, the HUD-1 Settlement Statement (lines 203 and 503) that is used for virtually every loan closing has a blank which states, "loans taken subject to."

Most likely the seller will be choosing the cheapest price which normally isn't the best job/warranty's,materials,etc.I would prefer a credit for the roof, whether that is a reduction in price or a check at settlement.

That issue is dealt with between assignor and assignee.The original contract should identify the settlement agent/escrow agent who will be holding the deposit... as well as terms governing its disbursement (to whom, when and why).

Was settlement conducted on 10/4 with all borrowers/grantors/guarantors present in the jurisdiction where the property and the title company are located?

At that point you get go back to marketable securities (retail garbage) and live pretty comfortably flying first class.For me its transitioning to stabilized lighter value add apartments as a LP (letting the young proven operators work for me) and NNN, and non correlated investments like infinite banking, life settlements, and IULs.

The information below was provided by a Loan Officer for my Closing Cost as the Buyer/Borrower and Title Company for the Seller's Closing Cost.Loan Information$185,000 = Loan Amount$9,250 = Conventional Loan Down Payment (5%)$4,980 = Estimated Closing Cost: (Processing Fees, Underwriting Fees, Appraisal, Appraisal Review Fee, Title Insurance Services, Settlement Fee, Administrative Fee, Courier Fee, Owner's Title Insurance, Lender's Title Insurance, Recording Fees, City/County/Stamps, & State Tax/Stamps)$2,120 = Estimated Prepaid/ Estimated Reserve Cost: (Daily Interest, Home Insurance, & Property Taxes)$16,350 = Total Cash at Closing from Borrower$1,000 = Estimated Monthly Mortgage Payment: (P&I, Hazard & Mortgage Insurance, & Real Estate Taxes)Seller Closing Cost$0 = Agents Commissions: (No REA involved in this transaction per Seller's request)$900 = Total Cash at Closing from Seller: (Estimated Doc.

If it's the latter, in the mid 90's there were a gazillion homes that used wood product siding that was problematic to the point that there were class action lawsuits concerning it and many homes were resided under conditions of the settlement.