Do you have it in writing from the lender that they allow an assumption?

The assumption is that we will be in a "real" recession at some point in 2023 and based on historic trends mortgage rates were always lower at the end of a recession than at the beginning, on average 1.8%.

I usually use a pro forma as a "quick test" to see if the property has any ability to cash flow with our debt assumptions and the broker's pro-forma.

@Moises Guerra GarciaYes you can negotiate until the contract is signed and you should have a thorough analysis along with your assumptions after talking to the neighbors.Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

My assumption is the appraiser will understand that this is being repaired and remediated and can hopefully see past this; however, we all know where assumptions will get us. 

Should I just save money and the assumption that it's there be enough along with the disclosures previously mentioned?

Did I make any WRONG assumptions? 

Or more likely (an assumption based on location and typical age of the home style you describe) it was built before codes were a consideration but was still legally constructed as it is currently used. 

That way we can see what you inputed and to see what assumptions you used.

Am I correct in my assumption that this burden will just be passed down to whoever inherits the property, or will the taxes be forgiven with his passing?