Current tenants rent our property (detached town home, 4b2b) for one year and want to extend leasing agreement recently.

Properties in West Hartford, Avon, Simsbury, Farmington and to some extend Bloomfield are going for $100,000 + over asking price with 5 -10 offers within 24 hours of an open house with all offers having NO contingencies, no inspections, and the majority all cash so no financing.  

This is a post-closing penalty charged by the Escrow Administrator to extend the renovation period beyond the maximum renovation term of 180 days in the event renovation is not completed within agreed upon terms.Other Important Items to know about FHA Renovation LoansA FHA option to roll renovation/repair work into the loan.

I had to extend the loan once and completed the entire thing in just under 2 years while working full time.

You can always refinance your HELOC to extend your terms or draw period but you're subject to the margin and index at that time relative to your current HELOC assuming you have a HELOC at this moment. 

What are your releasing options, should they go dark/not extend?

Call the most successful people within your network/extended network and ask them for advice.

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.

I have rented oceanfront condos for my extended family for quite a few years. 

Every offer seems to have a 24 hour deadline. If you’re in a situation where you’re getting numerous showings, how do you keep those initial offers interested just in case the later offers don’t pan out.