By you doing this for the Seller, it is like a ton of bricks has been lifted from their shoulders and they feel free again.

FACTOR TIME, WHAT YOUR GETTING, THEN COMPARE APPLES TO APPLES.ASK WHERE THERE MATERIALS ARE SUPPLIED FROM.

The most important thing to remember is that you want to be comparing apples to apples.

Compare apples to apples.

"land being sold in the area"Just like you compare houses you compare the land.Has to be apples to apples.You can't compare a commercial piece of land or main street frontage with a residential lot in a subdivision.Those are two totally different animals.The tax assessment has nothing to do with value of the lot.

Josh I have talked about this many times.On the residential side all these scammers used to exist.Sell the loan off so they didn't care and closed up shop when it fell apart.Now that residential is under huge government regs they have all moved to the commercial side.All of these people advertising many are just helpless point and fee takers getting sucked up into the scam.Many of these so called lenders are not lenders at all but mills running due diligence fees,insurance fees,deposit fees etc. and then say they can't fund later on to deny the deal.I have found direct lenders are very hard to find and I find one of those for every 20 scammers.As a buyer you do not pay upfront fees except for appraisal,survey etc.You can talk to these scammers on the phone and can tell by what they say they are not a true lender.I do very heavy lifting to make sure my lenders are real and I am not dealing with a middle man to protect my clients buying properties through me.Any company claiming to be a lender that will fund anything is more of a conduit (middle man) taking fees.A reputable lender will display recent closings and details of the loan.They will have very detailed rate sheets along with terms and conditions of the program.Any points will only be paid at closing when they perform.Many of these lenders will be highly specialized in a particular asset class and not broad in scope.The interest rates from legit lenders will be very close in percentage rate and LTV's.The difference being in how much money they have to lend and what loan size they specialize in and recourse versus non-recourse etc.Many lenders can promise but very few can deliver on the rates promised and close it.

However, in most cases the lender petitions the court for a lifting of the stay for the real property.

The whole thing is getting to where when you are looking at a house, you know how to make good comparisons, and can compare apples to apples.

Be sure they are all bidding the same work, specifiy materials where possible, so that you're comparing apples to apples.

Would Bill Gates or Steve Jobs have been successful if it weren't for Microsoft or Apple?