They also prepare a preliminary HUD-1.

They will do a preliminary title report for you and let you know if there is anything that needs to be taken care of in order for you to clear title.

I was shocked and embarrassed to admit I didn't have any money to pay him. 

You’d be shocked by how little actual screening many PMC’s do!

It's shocking how many deals I pick up, fix, and close, because someone was told what you were told.(2) Loan officer screwed up.

The typical preliminary Team you should put together to help you is an Attoney, real estate Agents, CPA's (or accountants), Inspectors, General Contractors, and Handymen.Do what is average for that neighberhood\market you select.  

The best part is those tend to be non-recourse against you, the rate is fixed, and the length of loan term is 10 years or longer which helps protect against interest rate shock with a five year loan.Chase bank was mentioned but I have called them before here locally for another client and they like only a select few markets and really large loans.

Of course it can, but it has been down and out for so long, at least the people there won't be shocked when services get cut, unlike residents of some other cities.

You can find out by doing some preliminary research or find out which bank is the main one and ask them.

:shock: