There are lenders that require a full appraisal through an AMC and others that will determine value themselves, so closing turn time ranges from 7-21 days.

Hi everyone,I live in NYC and purchased my grandparents’ house in Baltimore, in Ednor Gardens (nice area close to MSU, Montebello Lake)  July of 2023.

The data I was looking at claims that it is close to the 1% rule.

I'd recommend that if the rates are close.  

I ignore them when sellers want to include them in closing terms for houses we buy.This may have been tuition in the school of real estate investing.

I've seen missing support beams, various issues that builders said they would resolve / never did up until closing, etc.

Or use the heloc for a down payment but wait longer for closing.

You will now need the trustee’s consent to close your deal.

Renters are not stable enough to know what they'll be doing in two years and most of them will break a multi-year lease.Study the market so you know what your home is worth, then rent it at that price or very close to it.

How long does it take for the deed to be ready after close?