You must let him know that 1) you will be charging late fees each month from now on (make sure that's in your lease), and I suggest you provide him with a rent statement that shows what's due and what's been paid, and 2) that if he is late one more time you will serve him with a rent demand.

However, when you close this deal the lender you will sign a statement saying the seller is receiving no benefit.

You're correct, Dory, that was the sort of arrangement I was considering.When I say you don't have much to offer, I was referring to the original posters statements that the seller want's $50K right now, but doesn't care about anything beyond that.

Its customary for 14 months of insurance premiums to be on the closing statement.

As usual lots of black and white statements here.

pz=1&ned=us&cf=all&ncl=dIh6m4TlFgvU_zM0dQydUbwAq6nfM But what I find most interesting is this statement!!!!!

I hate to throw a generic statement but it depends on your area.

J.I kindly suggest you revisit how to read an income statement.

Its typically pay stubs, bank statements, income/expense report, tax returns.

wprss=44I really like this statement!!!!!!""