It is very possible to pay more in fees yet have a lower APR.I suggest you never pay a broker fee up front, you do need to pay certain third party fees up front, like appraisal, credit reports in residential and those along with engineering or inspection fees in commercial, but fees should be collected and disbursed as need over the course of the loan process as you step through the qualification phases. :)

I looked into those and most of the deals were Homepath Construction financing and on those I think they required you to use 3rd party contractors to fix the items on the repair list.

The best part is I love where I live.

Creditors must generally use reasonably reliable third-party records to verify the information they use to evaluate the factors.

A seller executes a Warranty Deed or a Deed of Conveyance, it can be several types of deeds, the original deed granting to the seller is not produced of given, title is conveyed by granting by the party in title.

Three is a party.

The contract would state that I have 60 days to assign or else it is void.Please help and see the contract I have below to verify this is an ok contract to use.Thanks a Bunch.RaphaelPS possibly looking for a fair priced Rent to Own Mentor.Give me a call 703-282-7230LEASE AGREEMENT WITHOPTION TO PURCHASE REAL ESTATE(Standard Contract)This Lease Agreement With Option To Purchase Real Estate (hereinafter referred to as the Lease Option) is made this _________ [Day] ____________________ [Month], __________ [Year], by and between the following parties: ________________________________________________________________________________________________________________________________________________(Hereinafter referred to as the Tenant/Buyer), and________________________________________________________________________________________________________________________________________________(Hereinafter referred to as the Landlord/Seller).In consideration of the mutual promises and covenants hereinafter stipulated, the parties hereby agree as follows:1)DESCRIPTION: The landlord/Seller agrees to lease, and the Tenant/Buyer agrees to rent the real property and improvements, hereinafter called property, located at:____________________________________________________________________,As more fully described as follows: _____________________________________________________________________2)TERM: The term of this Lease/Option shall be for a period of _________ months commencing on _______ [Day] _________________ [Month] __________ [Year], and ending on ________ [Day] __________________ [Month] __________ [Year].( ) The term of this Lease/Option may be extended by the Tenant/Buyer for ___________ additional renewal periods of __________ months each, following the expiration of the initial term.

The construction part is the trickiest and if it was as easy as some people make it to be, everyone would be doing it.Mike

I believe the best relationships are when both parties win equally.

Jack, A little late to the party, but welcome to BP!