However, keep in mind the longer processing time and the need for seller cooperation during the acquisition process.

We also learned that having a seller who is not very cooperative is horrible for a subto deal.

I told her I would buy her a Mini Cooper.

Their compensation typically comes from the cooperating agent's commission upon a successful purchase.The NAR lawsuit will essentially remove the automatic buyer agent commission from the MLS.

---You may have to honor that contract.If everything was done with a handshake, you may need to hire an attorney to assist with creating a lease and perhaps even starting the eviction process if the caretaker doesn't cooperate.

The tenant was every bit as much in on the side deal as Kurt, and Kurt still had to credit every penny.Enforcement types of all sorts tend to go easier on the cooperating/complaining party.  

Maybe a reminder of that could get you more cooperation from them.

Cooper) said that the mortgage is assumable (there is path that would allow me to remove spouse from mortgage and retain the current rate), but the process can take a while, is subject to fees, and they need to reevaluate my ability to qualify for the mortgage without my spouse.

We always advise looking for cooperative sellers. 

We start by asking about whether the tenant paid timely, kept the unit neat, was cooperative and flexible when the landlord was showing the place to new tenants and kept wear and tear to a minimum.