I didn't get any communication from Scott earlier today, and because it has been a week of waiting for a quote from the seller on items I may need to come out of pocket for, I decided to ask around.

Can you explain the company's  reason for not funding the deal and waiting until the end to inform their client?

Long term fundamentals are great, but personally I'd wait for a few years and see how this multifamily glut plays out before doing anything.

Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).

So how long do you have to wait??? 

Hello Friends,How long someone has to wait to rent primary home after purchase. 

Anyone who's been observing long-term trends will likely be thinking: I should be getting my FIXED Interest Rate Loan in place NOW, rather than waiting to do it in two years time.But here you are, being lured into doing just the opposite?

Do you think I should wait until I get 20% equity since I am now familiar with this town?

He was smiling all day and couldn't wait to get to kwik trip for the 1 dollar chicken sandwichs for lunch..He is only worth about 7mil.

But a sophisticated borrower who might have 100 of these or more and they are rented can just stop paying rip rents and then wait for the foreclosures .