Our lease does state that if they fail to notify us of things needing maintenance and repair within a prompt manner they can be held financially responsible and We do require they carry renters insurance so I am wondering if it is something renters insurance would cover? 

If theloan fails to close this fee will be forfeited.Closing Fee ScheduleLender Points$250 Legal Review Fee$75 Appraisal Review Fee$30 Servicing Setup Fee$30 Draw Company Admin Account Setup Fee$1,250 Attorney Closing Fee **Draw Fee is $200 per draw and a $30 wire fee for each draw wire** 

If the Lender A failed to do so, then Lender B will probably win. 

@Marian Smith In your Wells Fargo analogy you would need to treat this as a Wells REO in which they financed the new buyer yet failed to adjust taxes to the settlement date. 

So the guy I know who went to ITT Tech, failed at a tech career, then took 10 years to get an MBA from Devry on his parents dime will now be in the same category of me, the self made millionaire who did his MBA in 1.5 years at a top school?

I think the coming generation will implement and figure out cost saving ways to keep buildings in good shape with an ever decreasing construction pool of workers.Many in construction are attempting to introduce construction jobs to more young people but they fail to realize the product is the issue and not the marketing.We have to implement technology.

One thing they have that helps them is typically the interest rate charged which is typically lower than other Lenders but I have never heard or have seen any person ***** about the interest rate they were charged and it was responsible for and why they failed. 

I did a re-shingle on a duplex in 2005 and the roof completely failed last year. 

Has anyone had the issue of property failing city electric code inspection  after closing.

When you did these repairs you should have billed the tenant for them and if they failed to pay you should have evicted for that.