Now, I know there is no deal until the ink on the HUD is dry, but I was assured by the listing agent again, last week, the seller was motivated and needed to sell.

We were assured she would be out by the end of October.

Heres what the specs of the home say from the builder:Professionally engineered wood frame construction per planEngineered steel tie-down rods on all exterior and interior load bearing walls for hurricane wind resistanceQuality assurance orientation at framing and pre-closing stages.Is this something I should be concerned about?

Yes, this ultimately costs more, however you can be assured you did not cut any corners along the way.

If they do not give you any assurance that they will pay for the water charge above and beyond your normal bill average, then you must again speak with your landlord.

2. when taking bank owned homes how do you get them under contract and assign them to a buyer if the bank has a no assignment clause.l3. how do I assure how much profit I make, is it the difference in price for the sellers offer and the buyers or is it what I agree upon.4. when closing the deal, I will not be purchaseing anything correct?

When you have 3-4 college kids renting a house, one helicopter parent can quickly wreck the social cohesion of the house, so it is best for them not to be on the lease.A guarantor provides assurances of their charge's fiscal obligations.  

You have certainly assured me that presenting my deal, while being upfront and ensuring I am relatively knowledgeable on the topic at hand should ensure that I am good to go. 

The seller however does not want to sign until he can be assured/guaranteed he can get out of the purchase agreement he previously signed to sell his home. 

I know Phil and I can assure you he was not trying to act condescending or like a know it all.