Still though, I am torn on the impact with regards to commercial businesses.

But it looks like your forcing your way to make it work. 

If you visit the CBS17 page for it, there's a link to a full PDF of the city's plans for Midtown.What's everyone's thoughts on this and how do you see it impacting the RE market around there and Raleigh as a whole?

Not surprising that any lender is going to be very wary of any bump in value right now, even one driven by a rehab and forced appreciation. 

If you are uver leveraged you can be forced to sell in a bad market or end up in default.

The calculator is free, it's accurate as long as you know what numbers to plug in, and it helps you think about line items you might forget to include, like closing costs, which can impact how much cash you walk away with.

So, expect that going into any loan situation, but don't over-estimate the impact of this on your credit when it happens alongside otherwise healthy, wise financial behavior.

It almost allows for a "forced" appreciation play by just getting signatures at the City.

A lot of posters here keep saying sue for specific performance, but that happens about 0.000001% of the time.Think I'd take my inspection fees and get my E/M back and learn that you really can't force a seller to sign.And even if you could, a signature under duress isn't legal often.

Figured I'd share! https://www.marketwatch.com/st...