Better to have the title company explain it to you step-by-step so that you know what to tell your buyer and seller without sounding like you're guessing.If they stand to make closing costs x2 off of you (and the promise of more), they shouldn't have too much of a problem explaining the process to you.

I buy title binders for almost every property I buy.Title companies are not good at explaining this.

There are several comments above explaining many of the issues, so I'll spare you the rant.

This could be the reason.There is a creative way around it but it's too long to explain it here.

Can anyone explain to me how to link to the person who responded to me?

It is VERY helpful if the seller's agent is familiar with owner financing and can explain the pros/cons to the seller.

I think @Ibrahim S did an excellent job explaining Irvington albeit perhaps with a bit of sugar coating for a first time investor.

Can't explain why it was slow in the summer and early fall, but it is pretty common for a slow down as you get into winter.

Explain your concerns to the judge and he will probably grant judgement.

"A reserve study is a study made of all the major capital systems in the association," explains Robert Galvin, a partner at Davis, Malm & D'Agostine PC in Boston who specializes in representing condos and co-ops.