Knowing what to expect will release any stress you feel about the situation.In the future, if you want your rent on the first of the month, you should change your lease to say that rent is late as of the second of the month and the late fee will apply as of then.

If you want to get the juiciest deals, IMHO, you'll need to track for an extended period of time.

@Christopher GoldieAre you saying that your title company closes and funds thereby giving your end buyer title and releases the funds to you for you to go to another title company and close with HUD ?

You can always ask your seller for a modified owner finance agreement, extending out to three years, you have nothing to lose by doing so.    

the big time lawyer owner won't release any information.  

Can I bid in the "Exclusive" period instead of only "Extended"?

The seller would need to release a copy of it to you if he was the one who had it appraised.

We have put in high efficiency windows, replaced the A/C unit last summer, upgraded the flooring and installed an extended patio.  

@Daniel KwonSounds like you don't have much of a credit history and the bank is looking for one to gauge how you'll perform on a loan it extends.  

this places a cloud on the title that must be cleared to transfer the property, and you can get paid for releaseing your option.