I'm willing to spend money fixing the portion of the porch roof which is not mine but I will only be able to do so much.My though is that as long as I get my properties highly insured this should not be an issue.

At least that's what my insurance agent says.

The answer really depends on how your offer was written and whether it was an insured sale or not.

The deal has to positively cash flow after debt service, taxes, insurance and some escrow.I have found that there are several properties in my area that fit this criteria but it takes much more work to find them.

1- E and O Insurance?

I usually tell my clients to begin this way, that way they have an idea of what repairs cost, how much taxes/insurance/maintenance are, and what homeowners deal with on a daily basis.

Essentially, this means the borrower signed and acknowledged the obligations of the mortgage in the presence of a notary public and two witnesses.

They find some excuse to sue, and they hope to collect a nuisance tax - either an insurance company or the defendant pays some money to make the person go away, because even though they did nothing wrong it will cost more money to show they did nothing wrong.

Is the seller's agent obligated to disclose the contract price and reasons for not coming through?

Where are your allowances for maintenance, insurance, and taxes?