Neither has supplied me with a "good faith estimate" (my realtor was surprised that the original broker hadn't).

Not to have too much faith in Asheville and the surrounding areas but I think people will continue to come whether it is short term or long term.

However, I strongly recommend investors do their own due diligence, and put their greatest faith in the strength and experience of the company that will manage the operations for the community.

A good contract would specifically state the sellers only remedy is the earnest money in the event you failed to close.Shortly before the closing, the title company will provide you with a "good faith estimate".

If your contract was made in good faith, having the intent and ability to perform, then your contract is valid, you may assign it as a change in your business plans, closer to market value, and that can be +/- 10-15% if you didn't steal equity from the owner.

I am not a mortgage broker or expert but I believe it is bad faith to purchase a property using fha and not intend to live in it.  

I have faith in you!

Also, the money can be withdrawn on demand (the FED limits the number of ACH withdrawals to 6 per month) and a balance up to $250K is guaranteed by the full faith and credit of the government. 

I was curious if anyone has experience investing in a recovery or safe house( Oxford House, Half way house, prison release etc)? I have many relationships with people that need help with a fresh start in recovery, pri...

There are days I'm scrambling and trying to meet all the demands, but that's when I'm at my BEST or Not..I'm learning to Let Go and Relax....My Faith reminds me I don't know all the answers and I never will...My Best is Good Enough!!!...