If pre-payment penalties are a concern federal credit unions are not allowed to charge pre-payment penalties.

This would be very much like a borrower having the property rented at break even.So in short, a LO simply saying "he wouldn't finance" without running full credit and verifying income would be short sighted, in my opinion.July 3, 2022To Whom It May Concern,On November 14th, 2018 one of our holding LLCs, [LLC Name Redacted], entered into an agreement for sale on the property at [Address Redacted].

This appeals to some of our borrowers who are more concerned with limiting their initial cash outlays than with the rate.

Any concerns or ideas on prices?

This is the current issue before me: Relatives are now claiming the home belongs to them and have had an attorney reach out to me stating they will be filing something in probate court concerning the will but nothing has come about that in the last 30 days.

If you were and lose the value of the rental, then subtract the rental amount from the total price to arrive at the reduced value to you.Are you asking HOW to negotiate a lower price based on this uncovered information concerning the property condition?  

I would be more concerned about the Insurance.

A large home for seniors who need minimal/no health supports with shared kitchens and bathrooms.

Please reach out directly with any concerns or situations so we can be made aware and see how we can offer assistance.

@David ChanceYour concern about tax ramifications is impossible to address without knowing your numbers and your specific situation.