I offer an online payment portal to submit rent payments via ACH or CC - they "couldn't figure out how to use it" so I set us up to accept Zelle payments.

Offer Accepted: $715K.

Therefore, only accepting S8 is likely a violation of this law and can get you sued by the city (unlikely) or a prospect (way more likely). 

Freddie accepts this.Couple of options from here: If you did not set up notes receivable, recognize that you may owe it to your seller and take the hit on a higher rate refi to help him.

IF it was not on an auction site none of the information would be known unless you do your own research. they could say its a 3bed 2 bath home and you go buy and its burned down (seen that before). 100% is on the person bidding at auction.Do you know the degree to which they fought back on these inaccuracies?

If there is an existing lender not agreeing in writing to accept payments from the LPO buyer, then you are in violation of the statute -- and it is a very toothy statute -- vs the seller/landlord side only thoughWe are getting ready to get one in place because the seller is demanding it and my client is the protected buyer.Yes -- you must vet your sub to buyers -- some should not be anywhere near a wrap transaction.Stay safe out thereAlan

Quote from @Eve Favorse: Thanks @Katherine Chinelli, I’m happy to report that my offer was accepted! 

The following day I got a small counter back and I accepted.

., please accept some thoughts from Jeffrey B.Welcome to the craziness that is real estate investing!

I wish the Department of Health would accept private provider plan reviews for septic tank permits.