As much as you have a lease, none of the monies changed hands, so its hard to keep any of it as a penalty plus she being in a different State....its just not worth any kind of drama or court or lost time chasing it down. 

I don't know if you've been gone long enough for things to change greatly, and don't know what the market is like there.  

Once certain terms of the note are changed such as maturity date, balance or an increase in payment the modification is considered a new extension of credit and is subject to certain regulations which govern the extension of credit.- The creation of a new "note" would mean the satisfaction and release of the prior security instrument.  

My answer is depends on how fast you need the funds.

That's a lot of buyers.Well those are the top ways free and paid to build your cash buyer's list as a fast as possible.

Did the terms of the deal change at any point?

I have a different view, I install central a/c in every unit, I feel it gets  better tenants and there more likely to stay longer. ive felt that swamp coolers are a thing of the past, like a rotary phone. as a realtor, I'm finding more and more homes with a/c installed, so times are changing. best of luck on your decision.

Hi all,  wondering you thoughts on a question I've run up against with a couple clients and have been pondering myself in our changing markets.  

Change over between tenants is a lot easier but condo's are like apartments people move more then SF homes.  

In speaking to the PM company, I was told that the delinquency on the 12 month P & L tracked the monthly change in delinquency; if we started the month with a delinquency of $1000 on the first and at the end of the month it was $1500, only $500 would show up for that month's delinquency and the overall delinquency balance increases.