THis will make a difference to your tax treatment, meaning single member wont necessarily trigger "ordinary income" as a multi-member would - Im NOT an accountant, but did just last week setup a couple more entities and made some changes to an existing one.One other suggestion - PA has a 2% transfer tax (1% to buyer, 1% to seller) that you want to keep in mind).

The bank wont let me assume the mortgage.Sorry if i posted in the wrong placeThank you in AdvanceJoseph R.

There is no electricity in the house, it would cost around 2,500 Euro for it to be switched on so I wont be able to test the pipes until I pay this.

The broker came back and advised that since its a sellers market we should only ask for the NHD report and the seller had done the environmental report few years back he wont want to pay for it again.

You just destroyed my hopes and dreams while providing me with such valuable information.

If you dont have any of this or other tax return filed income you wont be able to use it period."

I do meet a lot of the nicest guys that want to help also. so I wont say its one sided.

The bank wont go any less than $10,000 below asking price (forgot to mention this is a short sale approved by bank)..The land next door is not short sale.

They always give me some cockamamie reason they wont use e-documents like "the bank wont always accept those."  

personally that is one of the few things i avoid when searching for properties. i can handle just about anything else, but if a house is within the 100 yr flood plane i wont' buy it.