With the lengthy process now in place in our state since HSTPA 2019, and the anticipated gargantuan backlog of cases, you are looking at sometime in the fall before your case will even be heard. 

Hey everyone,Ran into a situation today where an offer I made was not only denied but followed up with a lengthy email about how I am a scam artist and that if I'm not serious about buying the home than she is a business owner in town and is going to spread word about me.Anyone run into this situation?  

The local single family house market has appreciated 10-15% over last 12 months.The numbers are like this:-Land: 2.65M-Soft cost: 300k-Public work and utilities: 210k-Hard construction cost: 2.86MTotal before construction: 3.16M-Construction loan: 2.86M-Loan interest: 229kSell at 8.8M-Selling cost (commission): 396k-Gross profit: 8.8 – 3.16 - 2.86 - .229 - .396 = 2.15MROI 2.15/3.16 = 68%Total project length is about 2 years. 12/12 for entitlement/constructionMy role: I secured the land one year ago, put in 220k deposit and 30k for some prelim work and due diligence.

Litigation is costly and lengthy.  

We have found the following applies to CA, TX, VA, and SC.As long as you lived in there the required length (ie personal property 1 year unless for a good reason, children, work move, etc) the interest rate does not change and you do not have to report it to the bank.

So even though it's not the highest end house, I don't really want it looking cheap.I'm going down there to take a look at it myself, as I'm overdue for a visit anyway.

Since the process is so lengthy and expensive in NY would it be advisable to open in a different state or to start without it?

I had a lengthy discussion with an agent/investor/property manager.

@Sean O'Brien I tried finding my lengthy post on your other thread but it appears it was deleted with your post. 

My application is lengthy, but I want to be thorough.