Make sure you approach it very humbly and apologetically and they will likely extend some grace.

In the midst of my option period I had a knee surgery and she handled all the things I was unable to do, such as extending option a couple of days, so we could complete everything and get comfortable with the minor issues we were walking into.

Through networking as well as extended family I am finding that more people than I thought have pondered going into real estate.

Very risky from a foreclosure in the sense that they can defintely extend out the foreclosure by using every avenue available to them and if you screw up, they could make it very difficult for you to foreclose and at best make it super expensive.

If it’s in preforeclosure, it’s still a regular sale, bank still gets paid off etc, time restraints can be a challenge is sale date is close, but most banks will extend if they get a fully executed contract and POF etc.

Since you already have banking history with that institution, they may be more likely to extend a credit line to you.

3) I see gutter downspouts that don't extend 6 feet beyond the property.

The common thread is that as long as you're showing progress, the land bank works with you and will extend the 6-month deadline to complete rehab.

If you can't pay off the note by refinancing into conventional financing or selling the property before the end of the term you may be able to extend the loan but there are additional fees involved. 

Before Dec.8 he informed me he has a court date on Dec 10 and the restriction removal might take place till next Feb, since I like the deal a lot I agreed to extend again but now my agent told me the seller does not want to sign the extension.