This will sometimes allow you to avoid a counter-offer (if the bank is serious about selling), but keep in mind, it may also hurt your negotiating position if they don't accept your offer.Also, the bank is less likely to accept an offer without countering if the property has been on the market for a while.

The extension will eliminate the penalty for not filing and the penalty for not paying can be avoided by sending in at least the amount that is owed.

So, you might avoid paying them or you might get stuck with an entire year.Points and interest rate will depend on the lender.

But maybe I am not understanding what you meant by this.I mean that in terms of, I can't guarantee all details of every aspect of a tenant and their family.

I have no experience doing full rehabs so I am trying to avoid anything that would require a significant amount of work to get rent ready... at least until I get some more experience.let me know if you have any other questions!!!

I'm trying to avoid this house being listed.

I have done several lease options and the most important aspect is that you have the correct paperwork.

But mostly, the agents usually know what areas are best avoided and you can cut down your search area this way.

Ah the ole Fannie/Freddie limits, oddly enough I was at a meeting today where we discussed the proper way to invest to avoid that challenge.

There are many different aspects/varieties to REI, and you need an attonrey familiar with what you are doing.