I suppose a healthy cash reserve could make me feel better, but man it feels like there's a good amount of opportunity cost there and I want to try to balance solvency with making sure I'm investing as much as possible as early as possible.Thanks again for your comment!

All that is due is your principal balance.

There are many reasons for selecting a list price, but here is one of them: sellers need to balance between listing a property for so little there would be no profits, and listing the property so high there will be no buyers. 

Balance Sheet of a Hong Kong company How did you add value to the deal?

They say strategic defaulters typically have higher FICO scores, lower revolving balances, fewer instances of exceeding the limits on credit cards and lower overall retail credit card usage.So much for being a good financial steward.

When I pay taxes or insurance, I write a check and add that amount to the balance.

Does he have rolling balances for any tenants and how large are they?  

It appraised for $110,000 there is a $40,900 balance on the mortgage with a $36,300 "Forgivable Loan" from the Federal Government.

You might even want to ask them the loan balance on the home, if they are behind on the mortgage etc. 2.

I assume the contract says subject to the existing mortgage dated XXXX with a balance of approximately $X.