Guaranteed payments?????

Notes are not secured by any collateral or guaranteed or insured by any third party"

Just sold one and have two under contract that will go on the market soon.Novations is allowing us to monetize more leads by presenting an offer that is better suited for someone not desperate to sell but who wants a guaranteed net price.

I have no doubt @Carlo D. will be able to open the bank account he desires but when it comes so submitting loan applications the lender's underwriting team not only has to underwrite the property and review the borrowers PFS and personal information but also has to make sense of the ownership structure and who will be required to guarantee the loan.

The GC license in now way shape or form guarantees that:1) They know about the trades they are hiring for2) They know how to manage, organize, delegate during the job3) That they will be at your house making sure things get done rightI only work now with people who hold GC licenses, they are insured, AND they need to know the trades and actually be working next to the guys in the house. 

You may be able to do the repairs yourself, but I'd encourage you to get the professional pest company to guarantee their work on stopping the termite issue.And, as others have said, depending on what the inspector finds, you can try to renegotiate with the Seller, ask for a credit, or choose to walk away from the deal.

What should I do  Sorry @Mike,  is no guarantee HR block agent understands well about cost seg for STR, if you lucky maybe.Look around at BP, you'll find a good one.

The only way I see mitigating these risks is getting the previous owner to waive redemption for $$, not a guarantee ahead of the auction.I did find a case here on BP where the HOA buyer got wiped out a month into the redemption period by the bank foreclosure! 

The primary residence lien is "boot equity" and functions as a guarantee but is more of an incentive to encourage project completion.

However, there's no "guarantee" the state will pay all open claims left behind by that insolvent admitted carrier, nor how quickly they will pay those claims.