If anyone out there can give me some kind of clarity, you could possibly change me life.

From there you can begin to limit your search based on your price point and that can provide some clarity on the situation.

Account Closed It would help to provide more clarity around your request.

For clarity sake, the previously mentioned "cash" term refers to liquid cash (cash in my bank account) not cash-out refi. 

I am not convinced yet, because of spilling a mug of water (single incident) should not have caused such a damage in the bottom house ceiling and as the person who lives in unit 76 has also quoted that there were leaks few times before we started living in your unit.This is the reason I want a professional guy to let us know whether it was a chronic problem (because of improper water proof sealing in the bathroom), which got aggravated because of that one incident or a mug of water (single incident) can caused such a havoc.Please clarity the commitments given by you earlier in email and settle down the deposit amount at the earliest.

Probably 41/2-5% with 15 to 20 percent downCould someone give me some clarity as to what the 41/2-5% means?

See this link from HUD for clarity.

So if you sell for $800k, you need to get a new prop for $800k (ignoring closing costs just for clarity).

you'll learn so much about so much. it may seem overwhelming at first but don't give up, the clarity will come.as far as your first purchase, look into FHA loans, look for properties on FirstLook at homepath.com. you have a goal and a reason to succeed, best of luck!

I think I know what I need to do , but thought I gain clarity by asking more experience BP members. thank you again Ryan.