Does the home owner have a mortgage on the property?

Also BAH which you know stands for Basic Allowance for Housing well as in savvy veteran investor it stands for Become A Homeowner!  

Very simple answer MOST banks will not fund flippers no matter what. and if they did the rates are not like rates for a home owner or long term investor.I enjoy bank loans for those activities and the cost is 1 and 5 to 6.. interest only 1 year term.I have to renew my LOC each and every year.. so at renewal I pay the one point in cash up front then go like heck through out the year.The commercial banks I know that survived do lend.. but they generally ONLY lend to existing clients they know very very well.

I've heard of homeowners living in the same house as a squatter because homeowners have no rights there.

Quick Question: If you purchase a home from a seller and the home is now in your name but the home still contains valuables that the prior owner did not remove before the sale of the house is the previous homeowner still connected to these valuables or is everything that is left in the house from the sale now the new homeowners??  

On the $271/mo quote, the estimated replacement cost was $417,000 ......it's only appraised at $200,000 ..In case it comes up, I ran the initial insurance numbers as if I were a homeowner (as opposed to an investment property owner), probably a mistake looking back.  

I do that myself and offer the homeowner some money to help them move out to consummate the deed transfer or "purchase".  

Does it fit well with the modal home owner in that community? 

We actually existed our retail property division in April to a national vendor, this department would take on any homeowner but not any property we were selective, but we were constantly battling massive overhead cost due to the unique qualities and building found at every site, being scattered site with over 700+ doors under management was super complex and required a lot of staff.

They can't just sell it to the first person who makes them an offer the way a homeowner could.