For instance if you are off on a missed $10K mechanics lien and your home is actually worth $100K, now your take home is $5K.

I have heard in some instances that leaders will require you to own a home already to get dscr loans?

@Hoa NguyenHaving an underlying mortgage and selling by a cfd is not something I recommendSince that is the case in this instance where you remain on title and have a recorded mortgage against you the lien holder will require you to hold insurance and pay taxes.

They don't want you to back out, but you don't want to lose out in case something happens outside of your control and causes additional delays.Can you counter and request paid extensions?

The buyer could also ask for more time, and if the seller agreed, both parties would sign an extension before the end of 8/15.

This seems to be no different than if a customer went into a restaurant kitchen and damaged their equipment, thereby preventing the restaurant from earning income.Thank you in these instances we:1.

In March, Corporate extensions were filed...waiting for a K-1's etc.

If there is extensive damage (ie they need to replace flooring and drywall), she may want to move out for a while.

Just need to put myself out there and make relationships so deals can come quicker instead of doing what I’ve been doing and getting stuck in the “analysis paralysis”.Apologies for the extensive response and I thank you for your reply!

I would be curious to know if anyone knows of any other instances across the country in which this has occurred.