Many of the flood homes in Houston will have high insurance rates if they are in the flood plain and don't have elevation certificates.

I work in property management on the management side and have a partner that has several years and certifications on the maintenance side and a team.

I'm considering using an VHDA FHA Plus loan and obtaining a VHDA Mortgage Credit Certificate to purchase my first owner occupied investment property.

In my experience, as part of your loan, you will be asked to fill out an occupancy certification affidavit, in which you will declare whether you intend to use the property as your primary residence for at least a year.  

. $60- Flood certification - $8 vs $14- MERS - $12 vs $14- Processing fee - $400 vs. $450- Tax service fee - $94- Underwriting fee - $695 vs. $950- Government recording fee - $180 vs. $115- State tax / stamps - $923 vs $680TOTAL: ~$2800 for either lenderTitle charges- Title expenses (e.g. closing fee, title insurance, etc.) - $1580 vs. $1450I think I might be getting tripped up on what I'm counting as a "closing cost".

Then it came time to sending my certificate and funds to Les Vegas to receive a test date.

The sale is out of an estate, so they do not seem to have an elevation certificate handy.

The situation is that they don't say what the penalty is if I were to do sell it within the first 90 days.When buying properties as REOs from the MLS, theres a FM addendum stating that if you sell within the first 90 days, there's a $5,000 penalty.

In the same example, will I have to obtain the Lien Certificate and mail it to the custodian?

I have just started out in orange county tax certificate sale, gotten them at a good interest rate :) just wondering did anyone of you get involved in this orange county tax certificate sale?