PITI is 904 a month.They are so much more affordable than SFH in a comparable part of my town.Thanks for your thoughts.Kelli

. :) Anyway, I've compared this index with our local sales and it corresponds almost exactly, with a few anomalies here and there.

I am in the process of meeting my very motivated seller this week and I would like to know if I will need a letter of authorization in this potential deal, which contracts to use if my buyer will be taking over the exsiting payments, and how should I price my assignment fee.

comparable thread www.biggerpockets.com/forums/61/topics/73924-timeshare-relief--is-there-money-to-be-made

Or is it different with selling a house compared to renting one.

You’ll need to find the heirs, or at least someone who has the capacity, power and authority to transfer title to you.

Then you would try to use a comparable.

There is a neighborhood representative named in the amendment that is authorized to represent the property owners.

The problem with many of the houses in the New Orleans area is that there was a long moratorium on building permits while the authorities were deciding where and under what circumstances rebuilding was going to be allowed, if at all.

(would do his with the knowledge of seller)The rents are HIGHER then the mortgage PITI payment by almost $300. 1) I have authorization from the seller to talk to the bank.