This is the price she would apply for a mortgage for, if she'll get a mortgage, otherwise, we'll continue to rent it to her.We placed an offer Friday evening for $162,500 (asking price) and it was accepted last Saturday morning and since we already have a mortgage pre-approval, our realtor suggested to have 2 business days to arrange for mortgage financing with the bank.Early monday morning, I sat in my car to wait for the bank to open; I didn't know what time.

That said, any day-over-day change in rates would be seen in the form of closing costs as opposed to the contract rate itself.There was no significant theme in markets today as there were no significant economic releases.The most notable motivation was the sharp drop in oil prices after an inventory report this morning.

I love my town and I am anxious to be a part of all the amazing growth!!

Good morning @Aaron Cullen, what style of home are you looking to build?

Good Morning @MiguelLuzon,Welcome to BP.I currently coordinate Educational Networking Events in Philadelphia and South Jersey through the Local REIA's.

I'm anxious to get started on networking.

It's 3:46am in the morning right now and I'm writing this introduce myself to all of you.

But that's a great point about leads picking up as owners get a little anxious due to taxes and rising uilities!

I'm going to get the sheriff's deed Monday morning and see what the cost would be.It's a local bank but but they are sneaky, I may call them though just to see if they can give me the redemption price.I'm trying to locate a reputable attorney in the area to help me with this but that's easier said than done.Thanks for the info, it helped me. 

Good morning everyone,I have been lurking off and on for the past 2 years or so.