I've been lurking here for a while and need help from you smart folks...Will HUD allow owner-occupant winning bidder to re-negotiate purchase price after the inspection IF inspection reveals major issues that were not noted in the Property Condition Report (i.e. foundation failure, mold, roof failure)???

Doing a little googling reveals the situation in PA is muddy.

I will add to the previous comments ... to some people PROFIT is a dirty word ... especially when someone else is making it.If you reveal your profit to a buyer, that buyer will think "That is a lot of money ... why couldn't I find this property before this seller did then I would have a better deal."

Given the actual corner was not 90 degress, nor were they very straight, and the fences were not perpendicular to the street, we very quickly ordered a survey ($450) that revealed that the property line was actually on the other side of the road, the road cut across the property and the house at the end of the road did not have a recorded easement.

This is the sort of stuff the environmental survey will reveal.

A December USA TODAY anaylysis revealed that during the first 18 months of the recent resession, beginning December 2007, the number of federal employees with six figure salaries shot up from 14% of the federal workforce to 19%.

I believe the only way to reveal the beneficiaries is to subpeona the trustee (whom I would recommend not be you or your partners, I use friends out of state).

Doing due diligence on a home can reveal electrical/structural problems that are documented, giving the investor the decision to fix them or walk away.

And, much like a realife engagement between two people, you may need to get down on one knee, open up a velvet box and reveal that shiny trinket and dazzle them!

Thanks Steve, I liked his one minute millionaire, nothing too revealing but still a good read.The link only offers his "multiple stresms of income" book.