The previous owner paid for the heat and was wondering if anyone else came across this situation and what should I do about it?

Not meaning to start a raging debate about who's right, because I suspect any competent pro in the list above could do a fine job.Just curious about what the thinking is behind the various doc prep routes I've read about from BPers so far, and which one might fit my PM lender situation the best.Cheers, and thanks for any insight!

It could even ruin the seller financially, because they didn't understand the situation.

If you are adding value like this, in your situation, I would recommend buying 4-5 more of them that cash-flow like this or better.  

Hi I'm also in the same situation as you coincidentally.  

When they are in a 'dual agency' situation (i.e. they are formally representing both the Buyer and the Seller), their obligation is to mostly provide information and not opinion / recommendation.

Not a situation where I would even try to make an offer for $15K less than asking price unless it's an all cash offer...

For future reference to anyone running into these mods......from what I learned, HUD is not allowed to budge on these except under the FHA short sale process.In this situation, the 2nd is not due until the end of the 30-yr loan.

The owner has not had good experiences with tenants and does not want to offer financing/sell to an investor since he will still be tied to a rental situation through this financing.

Oil companies may also have a tie in with the equipment lease.The absolute best situation is to own the real estate, own the operating business, own the equipment, and have no long term contract with any gasoline provider, in a heavily trafficed location with no direct competition, and a high volume dealership.