hello BP, I am just curious to know how to structure a contact in order to protect yourself from low appraisal and also how to make seller responsible for fees associated with the appraisal cost in case they don't want to agree to adjust the price. 

., and then make sure you buy it at the appropriate price.I just looked at two houses, both built in a 100-year flood plain behind a creek (although they have never flooded), and I adjusted my numbers based on that.

A pre-payment discount, this comes out of the Old West, you're not going to discount the initial principal and interest agreed to originally, that is a forgiveness of debt to a borrower, a taxable issue, if you structure it in revers to pay more over a longer period of time, you can have an illegal adjustable rate.The most helpful posts from the old timers would be about real estate and that would also be after they caught up with laws that have changed as many of the old timers did things that are considered predatory dealing today........why the past such laws with old clever ways of putting others at a disadvantage.

What the person making the change sees is "just a little adjustment" but someone with intimate knowledge of how it all goes together can see a host of things that touch it.

The appraisal was ultimately adjusted and we were able to get the value we needed.

These amounts are not the same.Added bonus: On top of the SE Tax calculation, there is usually an above the line adjustment available which consists of the deductible half of the SE tax amount (7,065 in this case) which would further lower the effective rate of the income tax you actually end up paying.

Ensure you are on track with your timeline and adjust as necessary.There are grantsmanship classes offered across the country.

Ha, I simply lifted it up and placed it backed down.We Put:20% down - $30,500Closing / Points - $5,200 for 7 year adjustable 30 year amortized at 3.88%Fix Up Cost - Estimated $5,500 and ended at $8,500 (about a grand in tools and valuable lessons leanred). - I cleaned out the condo (I negotiated a washer/dryer, big cold freezer, computer, and several old books and ornaments which I think all together adds up to about $4,000), installed laminate floors in living room, paid someone to tile the kitchen, I replaced all the fans and lights, installed dishwasher and new microwave, ripped out vanity and installed pedestal sink in downstairs 1/2 bath to give space, and replaced all gold sink and toilet fixtures with brushed nickel.

If you're cutting a sizable check to the IRS when filing your taxes and you don't like it, adjust your W2 withholdings for the rest of the year based upon this year's return.  

I tend to believe that the overheated markets will adjust and there is some risk to buying right now.