Moe:I don't want you to misunderstand what I'm saying; my apologies for not communicating it correctly.

While the agencies do good work, prior to Bush they were not communicating this good work to each other.

Communicate with the sellerAs a buyer, it is important that you communicate with the seller to figure out if he has any particular issues that he wants to be checked.

So that way they can force the owners to submit any and all requested paperwork; the lender is hoping for some signs (assets) that indicate whether these owners would be worth pursuing in such a lawsuit.If the approval happens first, there is no longer any reason for these owners to cooperate ...The lender might also be looking to get the owners to sign a promissory note to cover part (or all) of the deficiency.

I would be able to do most or all of the cosmetic work myself and I have a friend thats a good plumber and I know a good contractor.

They can use a partitioned note and sell part or all of the principal to obtain needed funds for their next deal if the down payment is insufficient, but disounts can be deep and the buyer needs enough equity when it is time to refinance the obligation, so playing with the sale price to compensate for the discount can be hard to do in reality.

The purpose of the legislation was to free agents and appraisers from outside undue influences to arrive at a specific value or cutoff amount to make a deal fly, so keeping that in context should allow some leeway to reasonable communications and assisting with suggested comps.

Insurance is designed to transfer part or all of the FUTURE risk of loss.

Communication is a BIG part of a good marketing plan.

I am also working with another developer with a larger similar project and in communication on other possibilities.