@pat_clark More stories by Patrick Clark‎February‎ ‎23‎, ‎2017‎ ‎4‎:‎00‎ ‎AM As rising home prices, slow new home construction, and 50-year lows, the U.S. is increasingly a country of renters—and landlords.Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc.That number may include second homes, or properties acquired by investors who seek to fix up old homes and resell them at a profit.

It will be a big relief for you.  

In case 2, the couple just backed out without seeking further evaluation. 

Right now I'm mostly seeking knowledge in real estate investing, and I hope to apply that within the next year so I can get started investing!

Jordan, I do not have experience with this type of situation but have you tried to seek help from someone local who is experienced dealing with the county and who does buy/sell in your area - it could be a broker or a lender who can help you and the current owner come up with an approach that works for all parties including the county office. 

. , go talk to a local bank that does portfolio lending (i.e will not sell mortgage your mortgage to Fannie/Freddie) and speak to someone in their residential dept.You may need someone in the commercial dept who can do acommercial line of credit across the other properties.If that fails, seek a private lender.There are also some brokerages (e.g Merrill Lynch) who will give you a loan against your non-retirement stock portfolio.

Get the problem fixed quickly, then if the tenant wants money you are in a much better position to negotiate.In terms of being held responsible, you need to seek the advice of an attorney.

I am interested in being on a buyers list for wholesalers in the Chicagoland area. I can provide proof of funds. I am looking for wholesalers with multiple years of experience and those that are capable of providing r...

Hello everyone,I am looking for a reliable GC to perform a full rehab on a 10 unit property in Evanston. I have had over 10 contractors walk the building so far, however, none have come back with quotes and those that...

Generally they will tell you important things you should consider then recommend you seek professional advice in that area.