@Brian Ledbetter. again it depends on what your lease says about the security deposit and what it covers.. i'll be more clear,I would meet them in person and reiterate that they had pets, they owe 10K in back fees, and have them sign a release of security deposit in lieu of the 10K or you'll see them in court for the 10K.

We also request a copy of the HUD/Settlement Statement that we have to approve in order for us to sign the release of the notice of option.Hope that helps,Chris Pre

The Cistern would probably have an overflow drain to release excess water, hiding the leak.It's obvious the leak is past the main shut off.

It's not fair for my tenant to live in a destroyed place for an extended period.

If the seller did have blanket financing, how do you know the lender doesn't allow a release?

Many will issue press releases when they close on acquisitions, which result in articles in publications like Multi Housing News, GlobeSt, and Multifamily Biz.

The bank wouldn't extend my loan.

If you are extending a note, the buyer can give on purchase price...their goal is to have it appraise for enough to get away from the balloon when the time comes.- Interest Rate: TBD (any thoughts?)

@Robert Aguilar our experience extends back to about 5 years ago!

(and in many cases the adjectives also apply to servicers we've had).If it's ok to extend the conversation, has any had any luck picking up an attorney that was working a NPN when you purchased it.