A: If the property's value is in fact $375K there is very little chance that the lender will be approving $299KB: One $100K price reduction over a 174 day period screams someone doesn't know what they are doing -most likely the listing agent, and I would not take any bets that this sale will see a closing.

I understand that they assess properties once every 4 years in my area, is there a way for me to petition based on the new sales price to have a reduction in taxes?

@Raj Chandra sometimes the water company will offer a one time bill reduction if there was a leak.

STAR is a reduction in the school tax bill for owner occupants only. 

Many times this includes projections of income growth or expense reductions.

However, this does not calculate the principle reduction every month, maybe I can expand on my spreadsheet to include this also.

I try to stay clear from reducing rent unless there is a specific agreement / addendum explaining the reduction. 

Hedge funds want the interest income that the 30 yr amortization provides and not the principal reduction. 

Next question, if my lender says i must live as primary home, but the lender gave me 2 months before moving in, but there are corrections that need to be made based on sfh inspections (purchased home as is after the inspections - i was able to get a reduction of the overall price of the home by $5k) and it may take me more than the 2 months to correct the issues ( duct work sprayed and cleaned and new windows) do I have to move in?

Since the original estimate I received, there have been more and more fees showing up in my loan without a reduction in rate in the "Services you can shop for" section and I'm trying to figure out why that is the case and how normal that is.