I’ll be following this thread for some good tips to share with my wife!

I am qualified for conventional financing, but think sub 2 has the following advantages in this case1.

He showed up at court with the payment the first time and payed the following month late (December 2017).

It just seems like the realtor has better things to do than continually following up with a neighbor in order to get clear title and get her side of the commission.

Would I expect appraisal district to capture the sale price as the new appraisal value (market price) in the following year and hence I ended up with significantly higher property tax?

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@Michael Bishop I appreciate your breakdown of the numbers, I am following.

"Is anyone following this approach - dividing it equally and sending separate checks? 

This would violate the following prohibited transaction specifically:“Sale, exchange, or leasing of property between a plan and a disqualified person.”https://www.irs.gov/retirement-plans/plan-particip...What is more, this same rule applies to round-about/straw-man transactions.

Then we'd ask them to tell us which friends of theirs are in the game, followed by asking those friends to lunch.