You could get up to 10% of your down back at 3% which would cost less than the hard money option proposed by Chris Mason.

Austin Richey I propose the following action plan.

I always like to go do each item in the proposed scope and ask questions to the contractor like "will there be any work required or recommended after this step is complete that is not reflected in the scope of work?"

In came legislation and HOAs to issue fines and beat you senseless with rules to prevent any real profits.

And yes I've proposed he finance the majority.

If you feel the firm you work for can facilitate acquisitions, for me, I propose we connect.

You give that to your contractor (if you want) and make sure their proposal costs less than what the insurance company will give you to make you whole.

I'm looking for any advice on the pros versus cons of such a proposal.

The details of this proposal are below:"I personally chuckle at the generosity of the seller, for offering the "opportunity" to over pay.

I would assume there must be some legislation that provides a payoff period before the HOA can initiate foreclosure.