In California if the complex is less than nine years old law firms will entice the Board into a class action lawsuit which benefits only the law firm.$300000 condo in California is ONLY inland not likely in "Good areas" as you phrase. 

I have an offer that seems enticing and would like some guidance. 

The lender does this because they want to entice third-parties to bid and if they don't "drop" the amount owed they'll end up with the asset.

You will likely end up paying a pretty high interest rate, but you have to give something to entice a lender.

While this falls more on the unlikely side of things its worth bringing up as the "no interest on hold-back" is quite enticing. 

I used to allow two-year terms until I learned that about 80% left early.Another issue: many renters will ask for a longer term as a means of jumping in line ahead of other interested parties, or to entice you to let them in with less scrutiny.

There are too many landlords with very low rates that are enticed to keep those rates. 

The lending environment has remained stringent and COVID enticed people to sell that would not have sold otherwise.

I've found many listings on MLS that would have nice cash flow, obviously needs rehab etc, however prises are enticing

I’ve been offered really good terms as I mentioned above for a heloc but you make some good points in just being extra conservative adding interest on top of todays rates Totally understand, the interest rate is enticing to keep.