Don't be afraid to say no to a bad deal, and don't be afraid to pull the trigger on a good one!!!

The buyer needs to get a loanSo if the property appraises for $100K in the future, it is helpful that the purchase price be at $100K.I have set the purchase price of an option to be a trigger of.....The purchase price of this option shall be the the greater of an appraisal from Wells Fargo Bank dated on or before the expiration of said option or $100,000.00, whichever is greater.You should always have a contract attorney review your docs.

I have a deal on the table and I really need some strong opinions and advice before pulling the trigger.

Hope it helps. http://www.peoples-law.org/keeping-your-house-out-tax-sale Call your county government and inquire if there are any programs available to assist you.For Baltimore City residents If you have received an incorrect water bill, contact the Department of Public Works and request an information conference.If you have had a water leak, contact the Department of Public Works and request a credit.If you a Baltimore City resident, 65 or older and have a maximum income of $25,000, you can qualify for a Low Income Senior Citizens Water Discount, which may reduce your water bill by 35%.For any billing issues including obtaining credits, call the Department at 410-396-5398.If you are having issues paying your electric bill (which does not trigger a tax sale), you can apply for energy assistance.

This seller almost sold using a wholesaler so the audit could have triggered somebody having to come up with that "extra" set of transfer tax if they used a "wholesaler friendly" title company.  

Im glad that you are prepared, that's excellent, but you need to find a deal first that meets your criteria and then pull the trigger so you can start stress testing your systems with real market data.Also, RE investing can be subjective, everyone as their own bias.

That being said I still think I can outpace private lending by borrowing from bank and then if things do get to high ARM wise I can have an investor buy-out the loan I owe bank and pay them a lower rate.Sorry for rambling I've been working on getting this in place for 2 years now and finally think I am to the point where I'm seriously thinking about pulling the trigger. 

He says he's had my contact info for a while and now he wants to pull the trigger on investing in this area. 

I'm just getting over an injury that had me without pay for 3 months.     

Most lenders wouldn't approve of the transfer and it would trigger the "due on sale" clause since the ownership was transferred from the name of the person they gave the loan to.