However, the servicer has not accepted our preliminary sellers disclosure twice now.

We're in escrow selling our residence and it's 7.6%, I just saw my preliminary HUD-1.Rehab time.

We are supposed to close on a foreclosure on Tuesday, just received teh Preliminary Opinion of Title and we have a problem...Under TAX SALE PROCEEDING DEFECTIVEIt states The Tax Sale Proceedings are defective and title is not marketable.

Everything else is where the RISK is, Dirt will B worth more tomorrow...I'd wager my bottom dollar on it (& already have)Truly NOBODY "loses" on REAL Estate in the long haul, it just doesn't happen.U can't say that about anything else except precious metals 8)

We have purchased the land and have preliminary entitlements to build.

Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.

Additional items required at this stage include a project description including amenities, preliminary site, building and unit plans; rough, estimated project costs; and environmental reports.

8a. what will the economy support here8b. does the FLUM allow that zoning8c. if so, can we make the required density, buffers, and other stipulations in the zoning code.9. preliminary layouts using the above info and end product type decided in #810.

I'd wager it's either way higher than that or there's a lot of maintenance and repairs that have been neglected (and you'll be paying for those later).

•Meetings with owner/developer to prepare preliminary project scope.