However, the overall cost of homeownership will remain high, influencing buyer preferences towards more affordable properties​​.Rental MarketThe rental market in Birmingham shows a trend with year-over-year rent prices increasing along month-over-month prices rising slightly.

Plenty of companies can do a AML check and you can make that cost as part of your origination process.As a FYI, we had someone fail a AML / KYC check because they were a former drug runner in a cartel.

That could (Could doesn't mean does) mean mom is showing on title to Wells so, she would have (could) reason to pay the loan off to avoid losing it in foreclosure, if that is a viable option.It would not appear any solution is without cost.

I'm simply offering an alternative viewpoint based on the current market conditions and the heightened competition.It's easy to tell people to put sticky notes on someone's door, but what is the true cost and benefit? 

Replacement cost approach: Used for things like insurance to determine how much insurance you need if for example the house burns down and needs to be re-built. 2.

This can be advantageous in making offers to purchase more competitive, allow buyers to be more aggressive with purchase price and reduce closings costs.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

As all these problems arise again, it will likely swing back to sellers understanding that it’s going to cost them just as much for the firm to represent them in the event of an unrepresented buyer as it would if they just paid a buyer agent fee, but they’re more protected from future litigation if the buyer has their own representation vs claiming they were misled by a seller or seller’s agent.

Hello Murray, Assuming the new owners are interested in selling, you'd want to offer enough to help them cover their transfer taxes, legal/title fees, other closing costs, and possibly their moving costs. 

Keep in mind that the contractors will likely charge you more because it does delay the process and their time is worth money and the permits also cost money.