Also damn marshal didn't call me when they got there so I didn't get time to get a video going.

The house we purchased had an outstanding mortgage balance of $94,000 and courthouse bid started at $39,000.The house next door has a balance around $123,000 I'm guessing.

There are other rules; according to the VA, “The loan may not exceed the sum of the outstanding balance on the existing VA loan, plus allowable fees and closing costs, including funding fee and up to 2 discount points.

I mean, they did an OUTSTANDING job!!

Damn... if you can get all that done for the price you say.

I think you should work on and pay off any outstanding debt, due to the fact you have time on your loans.

A title search will tell you exactly what's outstanding on the property.

thats a damn nice rehab on the inside!

Several were not deals at all due to outstanding balances.

That may be viewed as a difference in sale price agreed by a seller with favorable tax treatment; however, the seller will be paying taxes eventually, so you can justify the difference and the time value of money, but depending on your state laws, few judges will accept the notion that a buyer needs to pay a fair price for a property and the seller's tax liability.There is also a difference between a bank having a prepayment penalty on a commercial deal for example and a seller, the seller is doing it simply to profit, the bank will profit as well but there is also the issue of portfolio management and at a much different level than any individual investor, where the bank and borrower agree that the loan remains outstanding to reduce being dumped with cash from any interest rate changes (going down) that in large amounts can cause losses to an insured bank.