John Hall,The capital gains do not "stay off the property" they are excluded due to the property being a principal residence for 2 out of the last 5 years.

Do you know exactly what the "$2500 in closing costs" includes/excludes, as your closing costs will be more than that, or did you ask for $2500 in closing costs from the shorted bank?

Also, systems that serve the general maintenance and operations of a building or home are excluded as well.

(Notes: * excluding credit card payments, that's a different payment network than ACH.) (** - IPN and others can/will "retry" the transaction before going the failure/unwind route)

as having $200,000 of annual income per individual ($300,000 per couple) with the expectation of that continuing, or a net worth of more than $1 million, excluding the value of the primary residence.

Excluding the appliances, I didn't purchase the furniture, tv's, etc. so I am wondering if it is really needed? 

Unfortunately Clussive’s ignorance of the HUD rules did not exempt him from action by HUD.In order to ensure Clussive never closed another FHA or VA loan, they placed his name on the Excluded Parties List System (EPLS) and Limited Denial Participation list.

[Please it is important]at this stage that your case refers to at least one of the lenders- Harbor funding Group or Major Financial Services, the builder - Global Community Development, escrow - the title connection/the squad llc and salespeople Property Direct America if your case is going to be relevant to this action. time is tight and closing for submissions is tuesday 8th september so unfortunately we will need to exclude anyone not meeting this criteria as not to do so would detract from our focus Thanks all and good luck!

I've used them for a few properties, and they usually exclude wind and hail, or require a separate policy.

(I exclude termites and powder post beetles, but the lease doesn't actually say so).