Possibly a quirk in the way addresses are numbered.Verify everything told to you by your broker.

Where it was believed displaced foreclosure victims would go rent and that provided incorrect.

Have I done the calculation incorrectly?

Once again, the information above is factually incorrect, at least where I live.

And if you don't pay the quarterly tax and submit the forms, you can't bring a note collection case to a NC court.Anyway... goes back to knowing your state's laws and quirks.

It would have been nice if the local news station would have contacted me or my agent(they listed the incorrect agent as selling the home) about this home but I have emailed them if they would like to do a more in depth story.

I was incorrect.

Show me where I'm estimating incorrectly:$6,400 - purchase closing costs (assume 1%)$13,600 - points (2%)$40,800 - interest (12%, 6 mo)$3,000 - insurance, taxes, utilities$64,000 - sales closing costs (assume 8%)$127,800 - purchase, hold, and sell costs.$7,800 - net lossNow, maybe you could cut 3% off the sales closing costs by doing it FSBO.

., not fast enough, incorrect info, etc).

I believe the information is incorrect.