Sometimes I read posts where I can tell someone really needs to study some more before they hit the streets, this is one of those posts.A Sub-2 is an agreement that extends financing by a seller, in this case the owner is a landlord and you live in the property which means this is an owner occupied sale.

If the contact has been executed I think you'd want to talk to them and get an amendment signed to extend the inspection period to cover yourself while you sort all these issues out.It did happen to me with water and power turned off and they couldn't be turned on in time due to back payments to those accounts, so before the 10 day period was up I withdrew my offer and instructed the listing agent to let me know when the property is ready for inspection.

Since it will take 2 weeks or more to find a tenant I am just concerned about leaving the home vacant unmonitored for extended periods of time.For those of you that do please include what price you are paying monthly if any for the service.

Usually HuD won't cancel a contract for an issue like this, they will extend closing at no charge to buyer until it is taken care of in my opinion.

They don't "trust" anyone -- you fill out a credit application and they do a full credit check before extending you credit.

Does the veteran bonus apply to just immediate family or does it extend to cousins also?

In my target areas, very little inventory makes it into the Extended phase, even though HUD has reduced the OO period down to 15 days.

If said written notice is not timely given, the Tenant shall become a month-to-month tenant, as defined by applicable <State> law, and all provisions of this Lease will remain in full force and effect, unless this Lease is extended or renewed for a specific term by written agreement of Landlord and Tenant."

If you can find a seller willing to allow you to lock up the property with minimum Earnest Monies and allows for an assignee clause (Buyer and/or assignee) for an extended period of time, then it can be done.

Orig priced at $62k, sat for 30 days during OO exclusive period, day 30-60 (extended) same $62k asking price but their counter/acceptance price according to realtor was $52,800 for everyone OO & Inv.