Do I need to clean that concrete slab first?

They usually limit seller assistance to a few percent.If the seller were to sell you a house for $100K and do owner financing, such as a wrap or a contract for deed, and you were to make payments to them for a while, then you should be able to find a bank that would do a refi.

We were supposed to sign on the 13th of October but they have been working on cleaning the title up and we withdrew from the house (not because there's no potential but there was a better house on the market with great location) The house that we got that's in a great lcoation (2 blocks from teh elementary school) is assessed at $49k - needs about $4k-$8k in repairs.

What about paying an assistant to help?

News Conference at 2pm EST.Government, mortgage industry to announce assistance effort for Fannie Mae, Freddie Mac loans in news conference.http://biz.yahoo.com/ap/081111/meltdown_mortgages.html :cool:

I do Complete Rehab, water fire, mold damage restoration, mold inspections, (re-builds) drywall, painting, post construction cleaning, carpet installtion and tearouts, new flooring, property management, I have 11 certifications, 2 are Master Certifications.

The home with the high comp value is almost always the one in the best condition (upgraded, clean, curb appeal, etc) which is what I use for the ARV.

If you are a Realtor you can do a property profile search through Title and find out the Bank who now holds the title and contact them direct, sometimes it works, or also I have watched for the clean out company to come through, they will tell you who hired them and that is a start.

However, you WILL be allowed and required to keep that lot mowed and cleaned up FOREVER!

Having $100K in the bank certainly assists in doing that.