Hopefully you examined the loan carefully before you bought do neither of those are the case.

I'm just north of you...I examined a bank in your town in the old days.

Regulators examine every bank on a regular basis and assign a grade to the bank.

So that is what I mean by the TV will be the SEV – that is the same in most places around the country but since tax levels are way less – like this very same property in OH or MS or AL may be $1,200 taxes for the year – so if your off your only off by a few hundy a year – in places like Detroit if you don’t understand how the tax system works you could be off a few hundy a month – not a year.The reason your other property has the same TV and SEV is because the year you bought it they were brought to equal – if you look back in the tax records you will find the year prior to you buying it they were different (unless someone else bought it that year) etc…..From a straight numbers game since this is cash on cash you need to figure out what return you want / need but I think $30K for a duplex is way overpaying in today’s market – not just in Detroit / Michigan but in a lot of markets – I wouldn’t pay that in most of the markets I work in.Not sure if your property is really in the city or in the burbs or whatnot but there are better deals to be had in the city for sure – just my opinion and this really depends on the type of hood you buy in.But – I would examine three things….when you started this thread:-You were going to pay $25k – now your going to pay $30k-The rent was $1,600 now the rent is $1,300-Your taxes were $2,000 now they are $4,300How sure are you right now about your other numbers and assumptions?

Then, I examined each satisfaction of mortgage more closely and discovered that one satisfaction had been recorded twice, and that there really were two loans, and the one being foreclosed was the second.

All Inspections are to be completed within 5 calendar days of acceptance of offer, including review and approval of the documentation concerning the property, and Completion of satisfactory physical and environmental inspections of the Property, and Completion of satisfactory due diligence search and examinations, and Satisfactory review of the title of the Property, and Satisfactory mortgage financing being arranged for the purchase of the Property, all within 5 calendar days of acceptance of offer.7.

I have not done business in all states, nor have I examined banks in all states, but I think I'm safe in saying all states allow future advance notes.

Examine your contract carefully to see which components need to be worked upon and which ones can be left.

None except it's common sense in America that when examined across the board, private education always has better results than public.

The due diligence items need to all be examined by you.