Because it's just smart business and a good risk reduction policy. if you're not required as an owner; RUN...YOU'RE AT RISK... 

The Omaha REIA meets monthly on the 1st Tuesday at the Ozone Lounge/Anthony's Steakhouse off of 72nd & F at 6:30 pm.

The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.It’s a $737 billion investment that according to two of the senators has a goal to “fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030.”

**The rate above is going to be after 5 years FHLB (2%-4%...depending on index) PLUS 3.25% so best case scenario is 5.25%-7.25%...its a huge variable on the FHLB..also my payment remains near same but my PRINCIPAL reduction gets cut into half due to interest rate hike @ 5 years contingency...Given my Fixed rate (7) year term @ 4.35% gives me the expectancy principal reduction & payment amount..

Also if i were you i would push your agent to do a big brokers open with the big price reduction.

Basically the IRS considers both cash in your pocket and debt reduction to be 'boot'.

In the contract you can include bonuses for completion done before the deadline and reductions for each day it is not complete after the deadline.  

Sometimes they come out with an unrealistically high price and it can take months of slow price reductions before they get to the price point investors are looking for.

thanks Michael, you know I thought of doing that, my only concern was if some bought it who liked the pool, they would be looking for that fill in money in the form of a price reduction to them.

They make you feel better and you can all give a round of applause to the fat lady mocking Nancy Pelosi, but she's the one whose health is probably the worst, and who will need care the soonest.