Either do the "proper marketing" now and assign the contract in less than 30 days, or extend the option (you have the proper clauses, correct?)

If they loaned you $100K and the outstanding balance on your account (the outstanding principal) is $98K when you sell, the title company will give them the first $98K of your proceeds and you will keep the rest.As an example:- Buy a house for $120K and put $20K down.

Some states require you to pay back any remaining balance owed after a house has been foreclosed ("Deficiency Judgment"), but I have no idea if that is going to happen to you.

The FCRA requires them to show you proper written proof of a contract with your signatures and other info on a black and white paper.

When he gets 25% done, pay him 25% of the balance...

There is alot of information available on the subject and if properly executed, can be a very powerful strategy.

I don’t want to insult the firm & I don’t want to mess myself up 2) Does the value of the discount an asset on the balance sheet.

And meanwhile still use the internet as a mechanism for proper promotions.Michael Schendelwww.thespillzone.comThe Spill Zone, author Ed Ross

I am usually good about keeping things backed up properly.

All Cash, this is the biggest government yet and is led by conservatives and just think, with a military man heading the CIA, the system of checks and balance will erode once the departments and agencies are all headed by people of the same mentality.