There is no statistical evidence that a properly originated 3 year balloon note is a foreclosure waiting to happen, that is an opinion and just not true, my foreclosure rate was less than 10% including junk originations that had been done by others.

But honestly it sounds like you're freaking out about nothing I personally wouldn't worry about it if there is no evidence of moisture or mold based on your physical inspection.

I'd be replacing the locks and taking possession of the apartment no sooner than 72 hours and any possessions in the apartment after that time will be considered abandoned.I feel like a court/judge would side with me on this, especially if I include photos and other evidence of why his lease is being terminated.

If I had clear evidence of sales figures from the last six months in a particular subdivision showing a specific clearing price, and I thought that my exit price would be decently under those clearing prices, I took the deal.

Went to court, explained my side very briefly but had all my evidence, the judge looked at her and asked if she had paid rent?

You have hard evidence that the property is not worth the previously agreed to price and the seller is looking at a busted contract and starting all over again unless they agree.Assuming you have a financing contingency, don't sweat it.

So to boil that down in a bit harsher terms...Because we don't have anything to dispute in terms of evidence, we are pretty much out of luck?

Hey guys, Belgium (& most of northern Europe are) is quit difficult to reach the same perspective that the US market, this comes as an evidence of investing in the US market is more that an option for us, along lots of people are doing out of state/country REI.

If you can't get into the inside and/or find a competent contractor to get in and give you a real price first (or at least a reasonable approx. range), I'd steer clear.Neither mold remediation or foundation issues HAVE to be super expensive issues but they vary a GREAT deal - both on the individual case by case situation itself and who you know or hire to do the work.If there's a property I'm genuinely interested in and I see evidence myself or otherwise have reason to believe there could be foundation issues, then I pay a structural engineer to come out and assess the property and give me a letter.