For some, the benefits of conduit loans are offset by complex loan documents, high closing costs, market-based pricing that is subject to change prior to loan closing due to adverse market conditions, and loan servicing that is oftentimes handled by a party other than the originating lender.CMBS activity has picked up since its reemergence in 2012, but CMBS lenders have recently found multifamily loans to be difficult to win due to other available lending alternatives.

Interior is in good condition, so the new owner won't have to do much at all but cash checks!

Conditions?

The clause should explain exactly what happens if the bank defaults and under what conditions the earnest money is returns or not returned.I understand this is all  new to you, but this should be child's play for an attorney.

I had a client lookong at MFR's in November (the slowest time of year for RE) and we saw 4 or 5 of these in WH, and the condition and value (and eventual amount paid at closing) were astronomical.

Helps if someone should try to stiff you.Depending on your clientele, you might want to include a page with a description of the condition of the apartment and/or photos, and have them initial and date each item / photo at move in.

I went through this property a few weeks ago and the condition is pretty rough and there is a large tree in the back yard which could make getting a new building permit out of the city complicated.Closing date is reportedly 5-15-16... a 60 day close for a HUD deal is on the long side.

Another person buys houses with some major issue to be fixed, but still in a condition that might be rentable to some person.

Ive been given lock box codes but I have a relationship with my agent lots of times it also depends on nieghborhoods and condition of property, personally you probably have very little to worry about.

Market value is a figure that best describes what a willing buyer will pay for the home under current market conditions.