We're going to have to put in tiling and a sump pump as well as seal all the cracks.Animals were tearing apart the garage.

I've read that split face can be a problem if not sealed and maintained properly. 

-Negotiate the lease price so I could rent it to another tenant at a higher price for cash flow-Negotiate final sale price-When he finds suitable exchange property, we seal the deal -Negotiate a lease time frame - 12-24 months?

I’m planning on converting my condo, which is currently my primary residence, into a rental property in the next several months but I’d like to get my front door fixed.Right now the door doesn’t have a good seal with the door jamb when closed.

Bill, wow...thanks for the explanation.The couple is from Brazil...I met them when visiting the property...and bank is Wells Fargo...hahaha.Don't risk any money on this, I agree.I know it's sort of a messed up situation, and most likely the LA is in over her head - and I don't understand why Seller doesn't have an attorney advising her what she / they ought to do, I don't know.However, I am making an offer with a price that works for me, and surprisingly this one doesn't have a bidding war (that could be because everyone sees this being a hopeless situation, or may be it's the holidays), so I do want to get my foot in the door and get this sealed, even if it's invalid I might find myself in the right place at the right time if they get things sorted out.So I submitted an offer.I put $0 EMD down now, and $0 when seller signs, but 20% upon lender approval, and 15 days to close after that.

So, I'd suggest a modification that keeps the original amount as is, cure any terms that may be non-compliant, have the modification originated by the MLO with the seal and license number stated, done as a correction for compliance.Or, fund a new loan at par as the payoff and pay your taxes.I'd also say that a seller financed note improperly originated would be viewed as a violation but also as to its intent, terms and impact on the sale transaction and who benefits and to what a cure might be.

I did notice the windows in the guest house have broken seals (dual pane w/ moisture inside) - did not notice this on the main house.

However be prepared to repaint every 2-3 years, seal the deck, and fight the battle against rust.Ultimately we enjoyed owning our property and it did fairly well for us. 

We left the vent on top of the property, but sealed it.

Likewise, if you ever head down here to Seal Beach, let me know and I'll treat you to lunch in return for picking your brain.