For example, if the insurance company declares the property a total loss, pays the homeowner the equity they are owed, does the insurance company then own the property sub to the bank financing, or would the insurance company also have to pay off the bank and own the property free and clear, and then sell it off similar to how a bank might with a REO?

75% LTV is the standard for both Fannie and Freddie, which is relevant if you want the gov't subsidized rates/terms.

Which I understand.So my question, then comes to opening a Self Directed LLC IRA, (I do not want a standard Self Directed LLC where I don't have checkbook control and need a person doing all my deal signing etc).

I don't know if it's contractual, but around here it seems to be standard practice to include the inspection report with any inspection-related contract changes.

Evidence of insurance 8.

I offered him a lower standard cash purchase price, and a second higher price if he was willing to do seller financing to help me with funding the renovation.

We will soon be closing on a property in Marion, Kansas and we will need a good, professional, reasonably priced bonded and insured electrician for several tasks needed for compliance and upgrades.

That could really screw you on your resale of the property and when you resell the property I can almost guarantee you the standard buyer will go through escrow/title company and then you just cross your fingers that everything turns up clean.

Does anyone know if I can include attached bathroom size in the square footage of a bedroom for the purposes of meeting occupancy standards?

Without taxes and insurance the mortgage payment is just under $900.