The lender might agree to a short sale and avoid the buyer paying.

I would have to work at trashing a place that much so I truly hope to avoid that but I am sure I will get it sooner or later.That was long, jees...OK back to reading!

Given your numbers, I'd do the absolute least I could do to make it look pretty and new.The best way to avoid over improving is to look at the comps.

At the same time, I agree with you Mark Ferguson - I think a lot of people buy into the belief that simply buying it will make them successful, but they totally overlook the actual "work" aspect of it.

"Selling" it this way has the added benefit of avoiding the 8-10% of costs you'd incur from a straight same from commissions and seller concessions.

@David Jackson - you nailed it and that is exactly the scenario I'm trying to avoid.

Your payment must be processed on the 1st of the month in order to be avoid paying late charges.

But people who are of the line of thinking that they should be provided for by others seek to avoid consequences as they are the type of people who don't take responsibility for themselves.

I am thinking about double closing as well to avoid any potential issues.

You looked at 80% LTV, which avoids PMI.