For reference, my 15-year note was at 4.75% with .9% origination (locked in last week) - it probably would have been around 5.25% with .5% origination for the 30-year option.My hunch is that you're going to have a harder time on getting loan approval for the condo.

:mrgreen: :fly:Ok, I'm off to try to lock down this property I'm pursuing.

Staright option and file a notice of the option and lock it up, if you can't do that, you're wasting your time as evidenced by this result.

After my wife and I moved in we had a full blown meeting with the property manager and things have turned around in the entire complex. (2 hours)The - pool is now open and being cleaned two times a week -the whole commom area just got seeded and is starting to grow grass- the locks for the pool and community have all been changed- The lights are all getting worked on - parking and tow away signs have now been posted in spanish and englishThats just to name a few things.To answer your question Joe, I came across this deal on Craigslist.orgYour other question would the association be a good place to start yes but you have to make sure you are talking to someone who can actully give you that information, if not it will be public record and maybe you could grab the property at a tax sale just for the past due taxes, who knows you might get lucky.

Their 3rd party uses the worst lock sets and do a shotty install.

My notes and deeds and original property files were in a basement vault.Backup files.Keys are another issue, I had keys numbered (so if they were lost no one knew what they went to) and then a key register in my office locked up.

I trusted someone and switched my HML to a supposed PML that was going to finance $30K more for a point less and 1.5% less than what I had locked down.

With the principal residence, your money is locked into the property and you have to continually make payments month after month.

You will need to show proof of total funds to close on the transaction as the bank will not just let you lock up the home and then back out.

They would just call the neighbor and ask them to let you in and lock up after you are finished.