Unfortunately these projects often features the homes jammed up on the property lines with a complete obliteration of existing trees/landscaping features to make rooms for a monster house so it doesn't necessarily serve to 'upgrade' the neighborhood in many cases other than increased comps.In other areas I've seen a builder slowly accrue multiple lots of and develop them in a more tasteful manner with new construction that is architecturally consistent with the other new homes they've built adjacent and allowing for proper landscaping.I try to do everything I can to avoid complete teardown and rebuild, if I can utilize the existing foundation and utilities it is a huge cost savings both in construction and in paperwork and permiting.

I haven't walked through it yet, so I put down $0 improvements so that is probably wrong be wrong.Couldn't figure out equity accrued.

I can think of a couple of ways:1) Agreement with 2 payments dates (say 5th and 20th) and have late fees accrue from each date.2) Agreement with full payment due by the 20th ($50 higher), but violation of agreement would occur if 1/2 not paid by the 5th.Anybody else run into this scenario??

I can't respond specifically to Ohio law but in general interest accrues on the security deposit.

Try to close quickly on those, as tax penalties will continue to accrue until the closing date.It's unusual if there is a mortgage on the property for the taxes to not be current b/c if the homeowner does not pay them, the mortgage company will and then add them to the owner's mortgage.

I once got a GFE where the person wrote in an incorrect date to charge accrued interest from, and the total came to over $2,000.

It may consist of some right, interest, profit, or benefit that accrues to one party, or alternatively, of some forbearance, loss or responsibility that is undertaken or incurred by the other party.

Remember that often times there are additional fees to payoff some liens or interest could be accruing until the day of closing.

However, in that case, if you take the capital as debt, you would accrue interest from the day you receive the capital, regardless of deployment.

The HOA debt that is eliminated in BK is the HOA fees accrued before the date of the BK filing (not the BK discharge).