UPDATE:Yes, we are moving forward and the numbers on the purchase price, and terms of the deal, stay relatively the same (in the big picture).We opted to pay the agent out of our pockets.

TV developers continue to build new construction, and many folks bought in the market to rent out before retiring in the last 18 months. 

In that case you would be buying the house subject to that existing mortgage and borrowing an additional $100k?

Keep in mind that rates does not fully translate everything.

this is a specific need you have and maybe there are attorneys here on BP in NY that can help, but having worked with jurisdictions before - with it being early december - these officials do not move very quickly so hopes of closing before year end could be complicated.

The Bigger Pockets community and podcast has been a major resource and mentor in helping me learn the ropes of real estate investing. 

just looked at their website.. just a company buying land in very common markets were there are thousands of vacant lots ..

I would have saved few thousand dollars in inspection fees and appraisal fees if I had known that and I had a friend send me detailed videos.I'm not sure if this information is available in all counties but where I bought in the Indianapolis metro area, I can look up property tax records.

They did a 'drive by' appraisal, but I think that means they looked at comps in the area.

That has gone smoothly with the exception of one unit that I have my disabled brother living in.