My question is this: before the am date of the auction 3 weeks from now, is there any way to find out if the mortgage has been paid and brought back to be in good standing, hence avoiding foreclosure and removed from the auction altogether?

This is a tough one for new builders.

I'd be happy to connect since we're completely new to this and to Arnold.

(This is what Investing is all about.) 3.

If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.

Over the past 10 years, he and his late wife poured their hearts into building this home (with permits, of course).

. - if you do this make sure it is well documented so that your eviction will not skip a beat if something goes wrong. 

I am guessing only you would be signing the 18 month lease and this individual who is there to "help" won't be voluntarily offering their signature as a co-signer?

Besides having a personal friend to mentor you, this is the next best place to learn.

I'm not sure if they still have that in this current rate environment but they do exist.