They suggested adding an external cleanout for about $8,000, and we agreed to split the cost by adjusting the home’s price.However, after installing the cleanout, we discovered that the actual problem was far more severe.

So when an appraiser looks at the data, if your home is the most recent sale then they will use that to adjust for their appraisal report which shows value is dropping. 

Rates are going to have "loan-level pricing adjustments" (LLPAs) that will have different rates depending upon Loan-to-Values, Credit Scores, Property Type, and many other factors.

:@Zachary BuhlerNo need to change anyone's mind, just making the point that he has a great framework, but just like anywhere else in life you take such framework and adjust it to your situation.

Ask if the seller wants to be the bank, explain the savings in cap gains, and then see if you can structure a lower down payment to go direct and then you can pay the price they want if you adjust the principal and interest in your favor.

If I know dollar would halve over next whatever, I'd borrow and leverage myself to the gills in inflation adjusting assets.

If you reported less than what they think you should have - expect an automatic adjustment, a letter or even an audit.Since in case of private money you as an investor act similar to a bank paying interest to the lender - should you send your private lender form 1099-INT?

As of about 5 years ago when I was inquiring, RBC US did provide US mortgages for Canadians however not a 30 year term, only ARM (Adjustable Rate Mortgages) which is a similar mortgage product to what Canadians are used to, difference being after a 5 year term it would flip to an adjustable rate mortgage. 

If you are interested in screening the porch, you can get aluminum screening which is more resistant to box cutters and switch blades then the standard fiberglass cheapy screens if you want.

Not looking to beat any other term sheets, will keep lending to existing customers, but very skittish for new borrowers.I have two PG loans, due in 2026 and 2027, but not balloon, just rate adjustment.