I downloaded one the other day from here at bigger pockets for free when I couldn’t locate mine on the computer I was using and I modified it slightly so I could see it the way I was familiar with seeing the results. 

Usually the payoff from lender will provide an itemization of HOA (if applicable), PITI, Attorney Fees, and all other fees that will drive up that debt.Is the title still in seller's name, if not, it will have to be reinstated in seller's name.This is but a fraction of what you will have to deal with when dealing with preforclosures.On the surface, it sounds promising, but there has to be more time, so the clock will have to be stopped by a TRO or Bankruptcy or even a possible contract from buyer.Could you pay what is in arrears and try and modify the loan?

His signature was on the lease dated 6/21, which was the same date they provided us the old lease - we assume to appear that they did not have the new lease upon request.Terms of the original lease provided to us on 6/21 for month to month leasing terms:- $1,200.00- Security deposit given- No smoking- Unit cannot be used to run business- One garage spotTerms of new lease provided 7/29 backdated to start lease term on 6/1- $1,200.00- No security desposit- Tenant can run business out of unit- Tenant has been and will continue to smoke in unit (no joke this is essentially how it was worded)- Tenant has the entire garage (two car garage)We signed the p&s with the contingency that no leases should be modified and no new leases would be signed unless we vetted the prospective tenant.We have been reading some forums and are wondering what our options are.

I’m assuming the lease is month to month, since your considering modifying the price...Id inform the tenants that the rent will increase a small amount (maybe $50) next mont and remain for 3 months.

NNN (all), Modified Gross (some), Gross (none)).

I can sell this as is or build a "blank building" and allow another business to purchase this and modify it to their needs and taste. 

I can sell this as is or build a "blank building" and allow another business to purchase this and modify it to their needs and taste. 

They may not respond to reason and you may need to modify your approach. 

You didn’t state whom the seller is but if it is a Federally owned foreclosure such as Hud or FNMA, it is a federal crime to modify the property in any way or take possession prior to closing I cannot imagine any bank is going to extend the closing 2 months

This Loan may be amended or modified only by a written agreement signed by the Borrower and Lender.Severability.