I actually close on most of my land deals; however, I do represent some local flippers in the areas so the strategy doesn't shift.

A principal (who is not well versed in contract law) in a transaction can draft their own contract form just like someone accused of murder can represent themselves...and both would be making a grave mistake.

Hello @Lorraine Hadden,I’ve represented several sellers who were previously listed FSBO. 

Hi Chas, Are you making an offer un-represented?

So, if the value of your home is $775,000, then 80% = $620,000.That's first.That $620,000 represents the MAXIMUM mortgage amount. 

The process would be different if it was a short sale, whereby someone representing home owner would have to deal with bank to get the lien released for less than what is owed by the borrower. 

Have a lawyer represent them to draft the docs.

With the decline in traveling medical professional pay since the end of the COVID era, corporate clients represent the highest-paying clients we serve. 

He also had no official identification of the company or the legal representative.

I would say the data is representative of the Dolores neighborhood as well.