I don't want to come off like an a&*-hole but also want to remind him of his agent obligation to both myself as the buyer and to the seller. 3.

You provided a great reminder of how things are supposed to work in life.

It's a really good reminder to not over leverage.

Just a reminder for those who post after this to keep it friendly, nonpolitical, and on topic as related to real estate.

If it’s a life and death situation and we have no choice, it is what it is.But there is no renovation that would make me risk my life or an employees life. this reminds me of my days in Detroit when I first starting lending on turnkey C D assets in Detroit south of 8 mile.PM's office  had razor wire around parking lot  bullet proof glass in front of office and a bank teller slider for dropping off rent etc.when we went in through the back there was a gun rack with the pistols for the employees to check out when they went into the wild.At the actual job sites were the homes were being renovated they had retired policemen checking ID's of any workers coming in that were not employees.. the owner of the company told me most of the theft is by the workers knowing the combo and what had just been installed.It was an eye opener in these areas and how folks that live there get through life with these situations that were totally foreign to me a kid from Cupertino CA.

***********************So, basically, your job is to get the appraiser to understand why the house was sold below market value when you purchased it, and “gently” remind them why it is now selling AT market value (mv).Best way to do that is to compare your purchase transaction with the mv definition and clearly explain why your purchase doesn’t meet that definition.Some Examples : 1) Borrower was atypically motivated to sell due to (fill in factors here. i.e. already purchased another home, moving out of state, inherited the house and wanted to quickly liquidate it, etc.)2) Maybe the house wasn’t offered on the “competitive and open market,” and sold off-market or with very low days on market, causing a decreased exposure to potential buyers.

The more I read Mike Hern's post the more he reminds me of Mike S. from a few years ago.

If you find a MAJOR problem you can always remind the seller that if they don’t discount the deal for you they will have to disclose it to the next buyer. 

Your picture of the newspaper reminds me that in an older house (not as old at the 1901 house) we found lots of old newspapers used as insulation. 

I offered her she can sign for 1 more year for 4150$ a couple of weeks back but she never signed even after 3-4 reminders.