Hi Ben, I've lived in Toledo all my life...can't say it's anything unusual that makes jobs and renters, we have strong manufacturing with obvious ties to the automotive industry (Dana corp- parts supplier, Jeep- manufacturer, Owens Corning- insulation/bldg materials, Anderson's- agriculture/fertilizer, First Solar) Like any area we have some $250k and up neighborhoods with little crime and great schools...and some seedier areas where you will read about gang shootings about once a week.

So it's not unusual at all if that is your target market.

Looks like a big nasty lien to the outside world but unusually only evidence of an old debt.

Its not at all unusual for parents to go though their entire lives always looking out for their kids first and themselves second, even to the point of impoverishing themselves.

How do you guys run comps on unusual properties?

In my experience, its not unusual to have to do an exclusive buyers agnecy for a specific property when you get to the point of actually buying one.

That is not an unusual question and also could be found on the policy.

Hey Bill, Thanks for the quick reply.I realize this is a highly unusual deal that's why I was asking for opinions.They may or may not be able to get a loan easily because we all work in the entertainment business and have many different short term employers every year.

I would love to see their student success rates publicly posted as part of their marketing, not just the 'testimonial' with the accompanying disclaimer that this person's earnings/experience were unusual.

Try to close quickly on those, as tax penalties will continue to accrue until the closing date.It's unusual if there is a mortgage on the property for the taxes to not be current b/c if the homeowner does not pay them, the mortgage company will and then add them to the owner's mortgage.