Both companies have been wonderful to work with, and the families were also great.Always make sure to reach out to the company before placing new residents as they have a high liklihood of needing to extend.

Most come out ahead over an extended period of time by buying better quality assets where they perhaps have to leave some capital in the property but find themselves able to sell for real gains or refinance out appreciated equity and scale more effectively that way. 

This is a post-closing penalty charged by the Escrow Administrator to extend the renovation period beyond the maximum renovation term of 180 days in the event renovation is not completed within agreed upon terms.

Ben,First from a Bankers point of view you are over extended from an LOC perspective and its hurting your DTI and future approvals. 

The potential benefit is qualifying for a possible 100% in 2025 that may or may not be extended back into 2024.

Just make sure that it isn't turned off for an extended amount of time.

It is up to the CPA to determine if the taxpayer is an "Affected Taxpayer" and if so which date/dates are being extended.

The RE agent stated some properties on the river in the past did not get their lease extended to provide better river access.  

I've seen where people add so many loan extensions with optional payment.Say 1k gives you a 1 or 2 year extension and this can be done 4 or so times.This agreement could be changed so many ways to make it work.You could offer a higher interest rate after 7 years to extend to 15 years.

The appeal period was extended until today, 12/2.