I informed them that I had the intention of selling.

But, my intention is not to say something humorous and then not answer, but see if I can help you determine that.  

Your intent must have been to hold for investment use.  

Does anyone have thoughts on sending a letter of intent to agents or buyers instead of the formal contract? 

The 1% rule does make sense, but I'm more cautious because my intent is to house hack my next property. 

I have no intention of making it a big deal.

Is this your intention?

Is it possible to associate with a broker for two years with no intent to ever try to sell houses?

On your business units, you have a capital gain of $100k (2 x $150k - $200k) which is taxable.I intentionally did not address depreciation or closing costs, to not make it more complicated.

The mortgage co's representative said that they would be in touch at the end of the court proceedings - from that point we have not heard from them other than these fines.I am receiving some help from a local Real Estate investor who has checked with his RE attorney about everything to make sure we aren't on the hook for anything, but based on this info believes that my family and I should be in the clear, due largely in part to the extensive time frame of the probate process AND the failure of the mortgage co to follow up with our intent to turn the property over to them despite our attempts to reach out since that Nov 30 court proceeding.