The Ohio Division of Real Estate does not take kindly to those that break the law or teach others how to brake the law. 

As we started  to pull away, BW slammed the brakes. 

I have over 25 years in this business I know when to put on the brakes.

The Lower prices/appraisals could be just a natural brake to slow down the rise.

I would pump the brakes here and maybe reconsider some of your numbers.

properties are in Indiana, Indiana state purchase agreement.Longer version is it sounds like any larger purchases made during the refinance before the actual closing could put the brakes on the refinance.

The reason for pushing for what is owed, when gov't back is, they will get all that is due if they cannot sell during short sale and if after 90-120 days after marketing after foreclosure they aren't made whole, then they are allowed to take highest offer and gov't backer will make up difference.

@Jamie Wooley  it sounds like you are potentially going down a slippery slope without brakes. 

@Mark Ortega The only way I know that you might get close to par is if you are buying notes in very sought after markets.

Another little known fact, if you Rent your property to Sec8 for longer than 120 months you will get a brake on capital gain taxes from the IRS if you decide to sell the place.