A bank will typically charge you $100/day on a REO, so you would have a $1200 charge at closing for this delay.If the seller prior to this time delayed getting you info that your lender was wanting, you should have requested the closing be adjusted at that time.

Totally different story in my market.Here is the way I look at it... with FHA guaranteeing almost 70% of all mortgages it doesn't make sense to artificially limit the number of potential buyers.While FHA requirements can be a pain... as mentioned a lot depends on the lender, I have found that those investors who adjust their business approach to deal with FHA buyers are making more then reasonable profits... quickly.Best of luck!

What you believe is an insurance salesman's dream and an underwriter/adjuster's nightmare.

You could use an "annuity due" and adjust the payment and timing accordingly.

Built-in refrigerators in high-end properties also fit this bill.There is nothing lost by trying to get a price adjustment or repair credit of some sort - at most you lose the time and the effort in trying.Locks do usually get changed.

We provide a gardener to mow the lawn, maintain the yard, and adjust the watering.So far, the tenants are very happy.

So, if you end up paying, you may want to adjust the rent, the option price, or both.I looked into doing these for a while, and bought Heller & Frank's course some years ago.

I guess you can call it a goal, but it is really more of a plan so that I can make adjustments if things are not going as I had planned.

Along the way, we'll be evaluating other options as we learn more, and adjusting the plan accordingly.

This is treated as ordinary income.The next portion is a return of the adjusted basis in the property.