Due to already having 2 mortgages other places they can't get a 3rd mortgage and buy at this time.You can find out the Fair Market Rent for your area or any area in the country by going to a HUD website,  www.HUDuser.org That is the average rent figures compiled by survey of actual rents, so you can see what average rents are.For New Castle County:eff     $8451br    $10032br    $12113br    $15154 br   $1686

When an appraiser is out there to do his/her valuation, your lender should also request a rental survey with the appraiser's report.

Create a survey gathering insights or votes for real estate-related subjectsFree e-book (i.e.

You can most certainly collect earnest money, draw up a purchase agreement with an option period and then bring it down to the local title company and begin search, inspection, survey and etc...I bought my house without any realtors involved.You won't believe how many houses I've looked at, that the realtor is in shock about the condition and admits they've never stepped foot in the place.Buying property isn't rocket surgery.

Then surveyed and re-platted with the County. 

(They all have a deal sheet, title, insurance but some also want a survey and or a home inspection)19) What corporation docs do you require?

On a $100k purchase that is 10k.We can get the rehab escrowed, so there is no cost there.4 points on $150,000 is 6k (purchase price and rehab money).Underwriting, processing, attorney charges, title insurance (lenders and buyers), fire and dwelling insurance,  maybe a survey and other charges can easily get to 4k. 

Were plans/surveys actually submitted to the city and they ACTUALLY approved it?

As you can read in the above linked post, my basis in each lot after development (including demo, survey and subdivision cost, utility connections, grading, tree removal, etc) was right around 208k per lot.  

To evaluate market rents, we did market survey by calling and walking the surrounding apartments .