I am wondering whether this is my problem and if so what I should do about it.

I rent this 4-bedroom unit to 4 college guys. School is out and this one guy hadn't been around for a couple weeks. He says when he got ...

Let them know what the sale process will look like so there are no surprises.

&ms...For public records (mortgages, lis pendens, etc) see http://bergensearch.co.bergen.nj.us/countyweb/logi...You might be surprised by what you can find out online!

I was a little surprised to see the breakdown in that spreadsheet because here it's not uncommon to see tear-down's sell for $125 (land value) but some houses sell for only about $200K (not tear-downs), so the land value here would seem to be a little higher % if that makes sense, but you're right, it should be publicly available.

Surprisingly this rationality is far more uncommon than you may suspect.

You will have a contingency in your contract that will allow you to back out of the deal legally, but if you make conservative offers you'll only need to use it for a legitimate surprise, e.g., a cracked foundation.

There were a few surprise issues but we are happy to know about them now. 

I'm more surprised they are willing to do this after all this time of inspection, negotiating, etc. now they have to go through all of this with someone else.

You'd be surprised how long it takes to get good info on a property and a competent inspection done.

Luckily, closing went surprisingly smoothly.I met my contractor at the property and got him started on (what I consider) minor fix-ups - paint, carpet, laminate install and a bath remodel.