It does provide two different products for gurus.Keith, as you know, if financing is secured then at settlement the buyer will receive the credits agreed under any agreement.

An estoppel letter is typically used in a transfer or conveyance of real property before the Closing transaction.It is a document sent to a bank (or other lender), from a homeowners' association (or condo association), to a city/municipality, or a tenant requesting a payoff of a mortgage, assessments or taxes due, or rental amounts due on a lease, to incorporate these amounts into the Settlement Statement for the buyer and seller of the real estate.

Since settlements above REO book value are gains and settlements below that are losses.

And wouldn’t you know, this week a short sale he had been waiting on for 6 months finally got a settlement deadline from the bank.

They may also opt out of allowing them appear on the RPR website once they settle, although RPR monitors public records and will list them as a public record sale soon after settlement.

You will have to make a business decision on whether to fight or settle but any settlement should include them moving out.If you have kept good records you should be able to beat this back but court proceedings are never a certainty.I hope you draw a sensible judge.

You will probably need to find a lawyer who will take the case and hope to be paid afterwards for his fee's and maybe a small settlement for hardship for her from the state.

Normally a contract will say that the seller is selling the property "free and clear of all liens and encumbrances"  In other words any back taxes mortgages etc get cleaned up at settlement from the SELLERS funds. 

On the other deal, I found a mistake on the HUD-1 settlement statement to the tune of about $3000.  

If you are planning to do a walk through just before the settlement, then you want the utilities on.