I would like to think it might become a bit more gentrified and be influenced by the neighborhood, or at least attract some college students, or post-grads, that want something more than just an apartment.

You can only control yourself and hope your actions influence someone else to be one of the truly good people with you.

Lets break it down this way.it is not ethical for a broker to write a loan for a borrower with one lender and locking it, then have the broker submit the package to another lender and locking it because rates drop.so with that said, no i don’t think it’s right for the borrower to do so even if there is a substantial difference.

The owner made two payments since origination in 2007.the LTV at the time was less than 40% I think so from the beginning there was substantial equity.

After reading replies, one would wonder if people are here to help or get the influence numbers up on their profile page.

Each party should keep all their invoices, receipts, credit cards statements, etc. to substantiate the amount one claims, for reimbursement, when the HUD-1 is drafted, for the backend closing, by the Title Company.

I remembered the first thing the broker told me was to go out and get in contact with my sphere of influence and start listing and selling to family and friends.

But I did do some research to see if any of my claims could be substantiated.  

I will get another estimate, but if it is going to be substantial I might just allow for tenants to provide their own window A/C units.

The rents here in VB are substantial, but so is the competition.