Listed at 279,000Negotiated to 240,000 w/from sellers toward my prepaid and closingVa loan 3.6percent no funding fee no pmi Owner occupy Owners are 4 heirs none live in area and don't get along they want it gone 2x2bed 1bath current rent 825 market rent 1000-12002x1bed 1bath current rent 425 market 550-750Needs 15-20k in work overestimating which I have in cash Mortgage payment roughly 1800 including escrow I will occupy one of the 2beds Break those personal calculators out of love to hear I did well or I suck and should run for the hills haha if there is anything else needed or I missed let me know wrote post with phone as I'm a firefighter on duty.

Contact a local attorney or better, enroll in a pre-paid legal service so you will be able to contact an attorney anytime an issue or question arises.

For the first options it's FHA with DPA and my total cash I need to put upfront is $ $7490 ( down payment, closing costs, prepaid escrow reserves).

In general it's a 50% LTV loan, fully amortized over a period up to 15 years, and can be pre-paid anytime without penalty.Send me a PM if you'd like more information.Continued success!

Shouldn't the mortgagor refund all prepaid property tax and insurance premiums to the homeowner on the day the mortgage is 'satisfied' ? 

*We are looking for the options which would also have the least total and out-of-pocket expenses*Also, I believe I read that I can file to get a refund on some of the pre-paid PMI, is that true?

Hey Tj Hock I did something a little similar out here in Washington, and I called it "Pre-paid maintenance" and it included 2 hours of maintenance.

FHA requires a ton of pre-paid PMI in addition to the monthly PMI.

The owner was in financial trouble and re-opened negotiations and got pre-paid of a 30 year lease, at a reduced rate of course.

Maybe even use PrePaid Legal?