They're much more labor-intensive to underwrite, and they don't get paid any more for them when reselling.

This sounds like a test question from a business law class!

I don't know laws in NC, but in California you have to have verifiable experience, and pass a State test to get a contractors license.

HAFA is the simple answer.I have seen agents put in fake contracts and go through the process just to test what number the bank might accept, but that is risky and probably not really legal.

I read somewhere that CL has been making things tough for certain ads and/or sections - so I tested their system by re-posting an old ad (Wanted: German kid's books).

They mailed me a check with a note that offered a free upgrade to one of the more intensive trainings.

Do your due diligence and see if it passes the tests you have, then go bother the seller.

This makes this building commercial and you need stress test the mortgage rate.

Be prepared to have the paints tested if your pulling permits and you may wat to consider that expense in your cost formula.If you have a gas water heater, you may consider code changes relative to the proper ventilation as well as drainage which may require additional expenses.A good inspector, not one of those national franchisee ones offered by a REALTOR, should be able to give you ideas what will need attention and what will not.

Please make this simple for me because I don't understand the intense real-estate jargon!