The Note is endorsed by simply writing on the note similar to the way you endorse a check, “pay to the order Bill Buyer, signed Sally Seller”.

Simply, how do development costs get added to land values so a bank honors that cost my down payment amount of 20% loan to value?

Of coarse, I am generally happy if my renters are simply buying a home for me.

My guess would be they're simply doing fannie mae 5-10 refi's.

You’re not simply getting the latest rates as “quotes” but rather a customized financing proposal based on your specific request.  

The problem arises when people simply have no idea where their money is going and who they owe what to...precarious indeed

If you have to cut it up into many smaller lots below the minimum you'll need a subdivision hearing and approval.

Shuold be after lender approval.The rider simply says when contingency periods begin -- it doesn't define what those contingency periods are.

Erin Dumonski - I think you've got some good advice thus far and simply wanted to welcome you to the community.

I'm making these numbers up from thin air as a disclaimer, but I would think they are somewhat in the area.Comp 1: +$1,500 - $2,500 = $99,545.04Comp 2: +$3,000 = $117,868.64Comp 3: +$1,500 = $115,976.44Comp 4: +$1,500 - $2,500 = $106382.96So with the, the avg is $109943.27 with a low of $99545.04 so if everything is okay, I would believe the subject property is worth around $104,744.16 or simply $105,000.Is this good?