It is important to understand that each finish type has different quirks and maintenance requirements. 7.

Since the remaining mtg is Superior to the foreclosing mtg holder, I don’t see them getting any surplus....they wouldn’t in FL, since their mtg stays intact.An interesting quirk in our foreclosure laws here....when an hoa forecloses, they are junior to a first mtg, but superior to a second mtg.  

I was repeatedly lied to, neglected, and in the end, assumed that I wouldn't review their (incorrect) work before signing.They told me everything was smooth sailing (including calling me 48 hours before closing to confirm that I was good to close) up til 2 days before my closing at which point, it was revealed that no action had been taken on my loan. 

They said the house is not worth$650 a month (which I think is incorrect)  and they cannot afford it. 

When you rent a 5 bedroom house, this is what you are going to find.Your interpretation of Fair Housing is incorrect.

Retrading because of incorrect/inefficient underwriting on your mistake or cold feet would be unacceptable.

In this area the public schools are not great but many residents use private or charter schools, and many residents are young professionals, having fun with city living before having children.However, that said, the maintenance can be very costly unless you purchase a home that was already completely gutted/re-habbed.Am I using the property classification incorrectly?      

Since literally 2/3 of your post is correcting me on a vernacular issue that I only mentioned as an allusion to something that I was stating as incorrect in my circle, I guess I'm sort of left to suppose that you just want to talk about how you know things.Now, you can simply doubt the veracity of my "faux pas" admission if you want, but as it's a forum and all we have are our words, that effectively puts an end to any meaningful interaction. 

I hate to be the one to tell you this, but there are so many incorrect assumptions with the above post that I don't know where to start. 

You worded this phrase incorrectly "I still do not think I am any good or confident at actually evaluating properties".