And if there was a Buyer out there just as out of touch with reality who did put in an offer of say $275K, they would then need a clueless bank and a mathematically challenged appraisor to get a loan.

Ah good ol Ma & Pa Mathematics :mrgreen:

They are not magically cheaper over time, they are mathematically cheaper over much less time.

There is no mathematical superior place to sell the loan in regards to seasoning of term.

I realize it's a mathematical issue that is really a function of the cost of the contract vs the cost of doing maintenance out of contract, but I was wondering if anyone else had looked into this and what conclusion you may have come to?

CAPEX: If you use a very sharp pencil, have an engineering background, and a crystal ball mind, you might be able to arrive a mathematical formula to calculate CapEx reserves.

it works out mathematically that with the right combination of checks you can always get within $1k of the bid.

I know mathematically it seems to make sense, but the banks require a down payment, which is a percentage of the purchase price, not a percentage of the value of the house. 

Just the multiple side of the mathematic, instead of dividing by the fraction. $2300 / .02 = $2300 x 50

Sheets for my CCIM and RESSI (Real Estate Securities and Syndication Institute).He taught us much about mathematical tools for analyses; especially calculating IRR with paper and pencil, and the HP12c was advanced stuff.He was a nice and caring gentleman.