How important is the total value assessed (from official county website) when comp'ing a property?

You could also go directly to the people running the meeting as they'll likely know some of the major players.The group I attend most often, which meets monthly in Warwick, has had at least 5 hard money lenders stand up an announce their services at meetings in the last few months.Hard/private money lending is, like a lot of business, based on relationships, so unless you have a specific deal you want to post the basics about online, I think you might have an easier time just meeting some potential lenders and finding out they're usual terms, what they'll want from you when you find a deal, etc.

This is not information to make an official offer just a letter of intent to test the waters so to speak.

BUT, although each individual housing authority can officially do inspections every two years, most are sticking with every 12 months.)

If the dilemma you are having is that you want to make offers on properties you are always able to submit official offers yourself with State of Texas docs.

Going in for a short sale and I can't understand how a Bank would loan 200K on a property that has been officially yet not destroyed and able to rehab by the City.

Going in for a short sale and I can't understand how a Bank would loan 200K on a property that has been officially yet not destroyed and able to rehab by the City.

In so doing, I let the prospective tenant know that it is not official until the funds hit my bank account, which can be a few days - so I suggest instead that they deposit the funds directly into the account I have setup for this at any PNC Bank branch, since they have many locations in my area.They must also sign (or eSign) a Holding Deposit Agreement, which details how and when / if the Holding Deposit will convert to a portion of their Security Deposit and when the remainder along with the first month's rent will be due.

It is NOT a down Payment on the property and it is NOT to be credited towards the purchase as a DP would be.If you give rent credits, or OC credit towards the purchase, any really bad lawyer can (and probably will) turn it into a Land Contract agreement...which means, ALL of the rent payments and the entire Option Consideration Payment will be credited towards the purchase.If you want to give the buyer credits (OC and part of the rent) here is how you do it:1 - Agree on the rent/month and the Purchase Price.2 - Then, after you have agreed to #1, agree how much of the rent you would like to credit.3 - Add up all the potential credits, and subtract the total from the Purchase Price in #1...this is the official Purchase Price.4 - V.

Happy to say that officially today I had my offer accepted and now moving towards closing.