No, the county is not liable for having incorrect data.  

So, please, if I calculated something incorrectly, or if there's a piece of the puzzle that I'm still missing, help a girl out!

I'm not an attorney, but if the seller indicated that the property was not in a flood plain, I have a feeling you could argue that an adverse condition was incorrectly reported to you and you could at-least get your earnest money returned.Certainly, the mortgage broker or underwriter should have caught this during the financing contingency period, but it's also something that should be a standard part of your due diligence as well.

When a seller does a Flat Fee MLS listing, they are no longer FSBO, as they are using an agent to list them on the MLS.The above point is very important.When agents see that a seller wants to do a Flat Fee MLS listing, they incorrectly point to a report by the National Association of Realtors (NAR) that claims FSBO sales makes less money than agent sales.

Rents pay the mortgages, and if there's a problem, I want a quick response by email or phone if something doesn't happen or happens incorrectly.

I am a bidder or the foreclosing entity on sales, cried at the courthouse steps probably a half dozen times per month so, you can opine all you want but you are factually incorrect.

There can be a hidden opportunity every now and then when an REO listing agent inputs incorrect information into the MLS listing, and the asset manager does not sufficiently verify the listing.  

Originally posted by @Joe Gore: @Chris Martin,That is a good thought, but most bird dogs don't trust investors to pay so it is always better to put it in writing between both parties what fee the bird dog will get.Joe GoreYour assumption that we don't put things in writing is incorrect.

Actually, I'm incorrect.

-What if the assumptions in my model are incorrect?