When this happens, they'll ask for extension after extension until the issues -- like code violations, municipal or utility liens -- are cleaned up enough so they can close.

Simple reason, only cities can enforce building codes in TX.

Although the cost is pretty high up in CT where you have things like workers comp. and building codes!

well first i wanted to say that im going to visit my first property this weekend and without the help of this forum i probably wouldnt even be thinking about looking at actual properties. espcially thanks to ryan for anwering about 10000 of my questions.so the property is a 4 plex with 3 units already rented out. its gai is aprox 16800 ... and the property is only 65000. tennants all pay all utils. i thought it sounded to good but when the seller explained it seemed to make sense. he selling all his real estate to buy his 2nd bar which he says he enjoys running more and hes pretty motivated sell this property to get some money available for that. also apparetly the property is pretty ugly but i see that as a good thing because hopefully with some cosmetic changes i can add some value. so my question is what are the ups and downs to ownerfinancing. my other question is if seller financing could show anything about the sellers intentions, would a seller have any reason to or to not seller finance a problem property or money pit.. like would he benefit from me foreclosing or is there any reason some one wouldnt seller finance a problem property. ahha hopefully my queestions make sense but im not sure they do. thanks for everyones help!!

now i know we all have a business plan, but as of right now ours is written down on a bar napkin (yes i am joking)..

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Reply with interest and we'll provide you with the necessary form codes that you can pass to your web-designer to add to your site.

I tried to sign up with 1&1 but it wouldn't accept my area code.

They will allow you to attach other criteria too (i.e. income level, credit rating, zip code, gender, ect.).

He is willing to furnish 30-100 leads in a few zip codes I propose to work.