I am not sure how similar probate in new jersey is from california but i would guess that she must open up probate first and then the judge will appoint her as the official administrator of the estate in which she will then have the authority to sell the properties and collect any equity from them...in california if probate is open and full authority is requested and granted the the administrator of the estate can sell the real property to who ever she/he wants for whatever amount she/he desires as opposed to obtaining limited authority where heir or administrator must comply with selling at a certain percentage of the courts appraisal value and at a public or private auction to highest bidder...therefore perhaps preventing you from having first option to buy unless you are the highes bidder....anyway im not sure if probate is like this in new jersey. hope it helps! 

There was no repeat business (appraisers are assigned by the pool administrator and lenders can't request their favorite appraiser like the old days) and the fees are set by the pool administrators (think low).

This MAY be an isolated move by the Federal Housing Administration, but if it is not (as I suspect), might the profit paradigms which rely on mortgage buyers be in jeopardy?

Unlicensed residential mortgage loan origination activity may subject you to sanctions, administrative penalties, and even criminal charges Let me know if you have other questions

These expenses commonly include, repairs/maintenance(NOT Capex, we will get to that later), administrative, property tax, property insurance, property management, etc. 

How far along in the administration process has the estate been in?

In addition I have heard form multiple agents that UC has very difficult administration.

For instance we've seen several interest rate hikes since the Trump administration came in and cap rates in Dallas have not moved up since the strong demand for these assets are proving a stronger counterbalance for now. 

The penalty as stated right now is $50 per day that you violated the law, but it has to be imposed by a court, not an administrator or LEO.

Some will charge a percentage each month but also a start-up fee, a leasing fee or lease renewal fee each year, administrative fees, maintenance fees, etc.