It can never hurt to seek additional insurance quotes.

I'm also a licensed broker so in addition to using my license to save money when selling my flips, I can still list a few properties each year for other investors for an easy additional income source.

should I factor an additional 15% into my offer?

You mentioned a restaurant on an end cap, does that restaurant want additional space that would lead to additional revenues from the leasable SF increase?

In process adding two 2BR /2BA ADUs to the exiting Duplex two additional bedrooms to the existing Duplex.

Additionally, the Fed stopped buying MBS when they started tightening in 2022, removing a massive buyer from the marketplace.Further Thoughts: Barring a Black Swan event, the housing market should appreciate more in 2024 than 2023, particularly in growth markets.

Would be better to have (2) homes debt servicing themselves with some cash flow for higher assets/equity down the road.

Regardless of the issue/mistake the bank is owed money and the borrower is legally required to resolve to clear/release lien so they can fund and file book and page.I would advise your client to not argue or delay this to avoid interest and additional fee's and figure out a payoff and resolve quickly.

In addition to offering the required security, it is easy on the taxes.

The purchased house will also help in writing off taxes and bring additional income.CONS: We would have to live in an older house for a year, and there is no guarantee of good schools.