Your question is confusing because it sounds like you are buying a FSBO property, but it also kind of sounds like you are representing a buyer of a FSBO property.

Until reading this thread, it never occurred to me that there could be confusion about an as-is sale versus contract contingencies.

I ask because their are a few house in that range and wanted to know if anyone has dealt with house like that.. obviously the neighborhood is very "rich" Hope you people could understand my question as I was confused on how to askThanks!

I think you have been confused by what your lender said.In residential mortgages there are two Debt to Income (DTI) calculations that evaluate your capacity as a borrower to repay your debt.Front End Ratio: Total Housing Payment divided by Gross Monthly Income (total housing includes mortgage payment, taxes, insurance and hoa where applicable)The lender told you for the program your front end ratio must be 31% or less.

Chris -There is a lot of confusion on this topic and it has been covered on these forums many times.Here is the explanation:A = sellerB = wholesaler (you)C = end buyerDouble Escrows are perfectly legal, but you need two sets of funds.

I have been reading a lot and i am confused

Im also confused about this topic.

And, admittedly I'm a bit confused.

When I watched the Windows 8 promo yesterday, I was completely confused, as it looked nothing like anything I've seen before.

I'm confused.