I would be careful and maybe get the advice of a attorney on how to proceed here.

They will look at your expenses- college tuition , insurance, food, car, gas, etc to see if you qualify for a mortgage.Also- one option is to get added to your paretns credit card if they have had it s along time with good credit- this will boost your score. 

. $500 ea. in profit after loan pmt , taxes & Insurance and a small amount for maintenance fund are taken out.  

Hi there,Looking for some insurance referrals in the Tampa, FL area.

I have a lawyer draft an agreement that spells out our interest in the house and what gets paid from the proceeds and to whom.

The two of us can now share best practices, where to buy cheap materials, who has cheap insurance, mortgage lenders, contractors, community insights, strategies, even renters that we liked but decided to go with someone else.

You're not responsible for them and they will come out of the seller's proceeds anyway.

Purchased at $220,000.Sold               $345,000First Mort      $163,000HELOC             $47,000Selling Cost     $15,0000Net Proceed  $120,000  (50/50 split )Each has $60k in separate 1031 exchange fund.

If I pay $50 for the Sheriff to issue them a 3-day Pay or Quit Notice, I list the unpaid charges AND the $50 service fee and require them to pay the entire amount or I proceed with eviction.

Should I contact the insurance company?