Along the same line of thought as @Dick Green .

Since then i took out an equity line and now plan to pay cash.

@Richard Leu - wow, congrats on having your 1st purchase all lined up!

I personally do not and could not prescribe a single line statement summary of the industry.

Yes, that is not from the recorder's office, that is from the assessor's office, but more importantly, you missed the line in my first post that said "unless he/she bought it more than 30 years ago...". 1980 is more than 30 years ago.

In that case, first line of attack can simply be a short payoff with the Mortgagee, if they agree, which they do not have to.

These can go up to 3% of purchase price, so potentially pretty significant.Bottom line, use MLS if possible.

Of course You'd have to run the gas lines which is not really that bad anymore with the flexible gas pipe.The fireplace chimneys should be separate thru the chase.I read Your post and I thought that You should know what I know, and that is sooner or later some one WILL try to start the wood burning fireplace with gasoline, it's only a matter of time.

Currently I own several townhouses, single family homes and an apartment building so I would like to invest in something along those lines since I am more familiar with that and would like something that has a cap of 12% annually.Hi Ali!

Here, we typically run a 50/50 ratio of glycol/water in the lines.