If the problem isn't cured by the end of the notice, continue.

If longer term than a month, then you have to deal with the tenant you have until the tenant breaches the lease and can't cure, or until the end of the lease term.

On the form, we need to put down the value of the land, building/structure, and personal property before and after the loss, as well as the cost to cure.

Be cure to check with your HOA, if applicable.

Else, Lender has to bear the cure and give a credit for same amount to the borrower. 

You better watch out for foreclosure rescue laws in your state, and FBI and Attorney General's office really doesn't want any consumers messing around with peoples houses that are behind on mortgages doing creative dealsForeclosures and short sales are not a place for you to make a lot of money these days unless there's a huge amount of equity, and even then unless you buy the house out right for cash (ie what not to do is you cure the note and buy on subject to) you're risking getting the authorities involved with foreclosure rescue activitiesYou might consider a joint venture with the seller150,000 minus costs to sell of 10% 15k = 135kPay the 112k = 23k - 10k in repairs = 13kI would see if you could split the 13kGive him a note for 6,500 , Fix the house and resell and make 6500

Seems we also got off on borrower qualifications which usually is the discussion.Seller "qualifications" or more as to it SF being a right solution.Sellers may have issues with a property, such as repairs being required, that may eliminate a property from qualifying.Another marketability issue, competition in the market, SF broadens the pool of likely buyers.Type or style of a property may make it difficult to finance, the lack of comps for a unique modular home or a burm home may require SF to get it sold.Zoning may be an issue keeping a property out of conventional lending, or an unqualified FHA approved condo development may hinder financing efforts.In these case when there is a property deficiency you need to consider if it can be cured, repairs can be made but other deficiencies may not be curable which may require longer term financing arrangements.To the seller, it may be a requirement to solve the selling problem, but if it's an option you need to discuss the benefits, more money over time, better return on the money as an annuity income, tax benefits might be applicable and a quicker sale.The next bridge is, does SF make a good investment for the seller.

Perhaps chat with him about the issue directly and see if you can cure it.

In other words, the seller is required to provide good title, it is the seller's responsibility to cure any defects, not the buyer.

There is no such thing as an incorporation cure-all.