The attorney is probably correct, the property is probably a victim of robo signing.

We are in escrow and we paid our mortgage lender for an appraisal but the appraisal had no analysis, only photos, this doesn’t offer any information, only a subjective visual report, correct?

Interest rates have risen slowly but surely.Most of the indicators of at least a small correction are there.

Not only is this not correct but I certainly also don't believe that $1200 per year is sufficient.- With ~18K for expenses and ~63K of income, that works out to ~29%; extremely unlikely (to the point that I would buy a lottery ticket first - at least I would know what I am going to loose ;).

I literally copied and pasted the listing notes when I first came across this property into my report but when I actually saw the properties this past weekend I got (and saw) the correct information. - Asking price is 800k.

Certain areas do have laws you may want to make sure you adhere to correctly.

Than you John for the reply. 

I wanted to clear up the correct figures to use for the variable expenses.

Make sure your notice is correct and legal too.

Hi Lee,Thank you  SO much for this detailed reply, incredibly helpful!!