Does the construction need to be completed and a CO issued before the proceeds can be used?

@Randall Re IIAnother one I see is co-insurance where owners under insure the value then have a claim and realize they get very little because they underinsured the property.

I have been in that situation as a Broker way back in the early 90s and try to get 10 to 20 co beneficiaries to agree to anything is pretty tough. 

But that's a good point about a big fish coming in and you make reporte with them and to do that you probably have to advertise so the buyer comes to you direct.. if they come in through a Co broke you probably don't meet them.. 

Given that you are still in college, IF you need a co-signer, talk to someone who you believe would be willing to do so (e.g., a parent or guardian, relative, etc.) so they are aware of point no. 3 and can provide you and the mortgage broker with those same items when necessary.

I think it’s doable but you’ll probably find yourself needing co-signers and some assistance.There are down payment assistant programs out there.

Car loans are a bad sign for someone with no credit history, co-signing for his "girlfriend" major red flag.

Does anyone have any experience with this or is anyone a legal expert in Colorado?

V/RCraigHI Craig with your new PCS orders from your CO you could utilize this new rate based on the new BAH/BAS area you are assigned.

I run into these situations.One was a co-worker of mine, and his landlord was stupid enough to split a monthly gas bill of $30.00 with him.