Wanted to know if the next action step should be talking to lenders about my financial situation or getting an accountant to set up the foundation for our company. 

I need to know the best way to approach this situation, as it will be the first time I've one this. 

These are older houses that UNCG has recently moved into that area, after being landlocked for decades.Also the tax situation in Greensboro has changed , they just revalued property, mine jumped about 16%.

I know its never an easy thing to do, and often is a lose, lose situation for both parties.

It's not that I might have picked the wrong 'soon-to-be-valuable' real estate... the situation was that no real estate would ever get expensive. 

What would be an option for financing.would the banks be willing to lend.what would you do in the situation.

I'm in a similar situation, looking for any advice :)

Do I take both contracts to a title company and tell them the situation, what happens?

I am in a similar situation as you where I do want to add value and also have a place for my out of town family/friends to stay when the visit.

------I will appreciate any professional advice on my situation.