You need to provide real details - price, rehab cost, location (not address, but at least the city), rents, current status (vacant, I'd guess from your "all in rentable condition" statement), etc.

Include the statement "earnest money to be provided by certified funds within 72 hour of mutually executed contract."

To me that statement means that they DON'T.

I particularly liked this statement - vague enough to lose even me if I don't pay close attention the THIRD time I read it: "Only 7% of loans OneWest services are owned by OneWest and covered under loss share.

I sent in prequal statements from my mortgage broker.

Even if they do not use your data and pull their own instead, based on your statement, the comps do not justify her asking price, so the BPO/appraisal should come in at the correct price.It is always a good a idea to be there for the BPO/appraisal, if for no other reason than to point out repair issues.

A tax deed auction I'll be participating in has the following statement regarding a redemption period:<to the auction...

No statement or promise of Landlord/Seller or his agent as to tenancy, repairs, alterations, or other terms and conditions shall be binding unless reduced to writing and signed by Landlord/Seller.

Upon receipt of the NET PROCEEDS and a COPY OF THE FINAL SETTLEMENT STATEMENT, CitiMortgage, Inc. will give a full release and reconveyance of their loan as agreed and no deficiency judgment will be instituted.

(Big for us in Houston is $10K or higher - other markets around the country might think this is small, but based on our housing market, $10K is usually much higher than what a seller would pay for a Realtor to sell their property) If you think the seller would have an issue with the size of your profit, or if you've never dealt with your buyer before, you might want to double close so neither buyer sees your profit on the HUD (two transactions, thus two HUD statements).