No one would finance against collateral that cannot be evaluated, wouldn't you agree??

It's can also be safer to diversify your investment properties across the country.

I could not agree to this and the seller could not agree to a lower price to compensate for the above and so the deal fell through.As you see above although the deal fell through, I believe I learned something about the types of loan out there, closing period and alternate lenders.

Hi @Cintia Chicon I agree with @Attila Mezei on this issue.

Nice " country" locations out there I haul loads out of the menards dc in plano.

Those are three different prices, for the same house, in the same city.Imagine the differences between Memphis and Toledo...in different States, at opposite ends of the country.  

The case can be assigned to the buyer and if the tenant did not move when agreed to, it could be enforced by the new owner.Then again, if the tenant gets wind that the property has sold he may bring a defense to court that the old owner can not maintain the eviction and the case could be thrown out leaving the new owner to start over.I am involved in one right now representing the seller.

When things went "pop" south of the 49th and we watched them slide off the tracks, there was an about face in Ottawa (a slow one, but it did finally happen) and regulators for residential real estate financing started to reverse course.It is still easier to borrow to buy real estate than it was in the 80s and the unprecedented run of low - almost no - interest rates has helped fuel the continued rise of several real estate markets in the country which should have gone "pop" themselves some years ago.

I have a land parcel in the area of Richmond , VA , which i bought in a tax sale for a good price , it is 6.4 acres lot zoned residential in a great location surrounded by built houses also but needs and easement, i did the research for it how it gets solved , and the most convenient solution for it is that There is another 0.5 an acre adjacent to it , was already part of it and got separated by the old owner , which gives it an easement easily and that makes the whole lot easy to have other utilities based on the county opinion after talking to them and discussing that option , that parcel also past due on taxes , owner dead and heirs do not care about it and it is in the process of going to auction GOD knows when , but i assigned that case to a lawyer who had that case for almost 5 months and did not do anything to it after agreeing on filling for an easement by right through that adjacent parcel He did not seem to been working at all and i need to move the case to somebody else from the area who would start working on and has passion to do it ?

She said that the seller's attorney instructed him to only agree to seller financing if the land contract was in my husband's name, not his company's name.