If it is something that is going to resolve itself quickly and it was a good offer it may be worth waiting.If the contract specifies a loan approval contingency date and they are not able to produce a formal loan approval from a lender by that date the contract should also be null and void.

Ask them how many evictions they have done and how quickly they can fix your situation.

I’d do a quick google search on what a cap rate is.

Hi all,Quick back story - first time home buyer a few months ago in Milwaukee (big thanks to @Marcus Auerbach).

I have a townhouse that I plan on listing at 150k(and will sell quick for that) that only appraised for 130k...But it appraised for 129k 3 years ago.

Wow 6 Pages about a $2 adjustment on almost three-quarters of a million dollar purchase price.You would think that it was a discussion about Real Estate Commission Rebates.Okay you have one out of 50 and he even noted at the end of his post the issues with not rounding.What's interesting is to see how much passion there is from the "resistance" with thier refusal to take such a simple common sense action of Rounding a measly $2 to help ensure the borrower has a smoother loan process.All these so-called experts that haven't a clue about the behind the scenes inner workings of the mortgage process  but are so quick to post their comments about a topic which they are completely oblivious to.But this is not for them it's for the common sense BP investors who will read this topic and will be rounding up or down for now on.

For quick analysis looking for 1% rule or greater. 

I am trying to locate an foreclosure agent in the Denver area that has good experience and can help me buy fhis type of property. Does anyone know someone trust worthy and client oriented?

That is a great thing.I never used Venmo until I had to- someone sent my child a birthday gift- and when I logged in to collect I saw what others have raved about- easy, free and quick. 

They can raise them at any time and that can really mess up all of your numbers...what seemed like a great deal can quickly turn into a bad deal if the condo board starts jacking up HOAs.