It's for the tenant's benefit, but you will benefit from it over the long-term.

If you have the cash to complete the transaction as is, I would recommend simply paying the balance.  

Welcome to BP and the community @Kieran Collings! 

Here are a few I have looked at, By the way I have no affiliation or connection to any of these other than the investment I made with Lofty.AI I mentioned earlier.

Quote from @Scott Scialabba: Quote from @Corby Goade: Lots of things to consider here; generally speaking, the higher the ROI, they less desirable the properties are.

Typically, HUD charges a daily fee for extensions, which varies depending on the property type and the number of extensions requested.To request an extension, contact your HUD representative or the Asset Manager handling the sale.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

The property will not be reassessed at the current mkt value and the property taxes will not change.

As I run my STR mgmt business, I figured I'd simplify and share my company's comprehensive list of daily tasks that we believe deliver the best results:1.

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