Public notice of pending litigation.60–180+ days before auctionAPPOINTMENT OF TRUSTEE/SUBSTITUTE TRUSTEEMortgage lender assigns (or replaces) a trustee to handle foreclosure.30–120 days before auctionMODIFICATIONBorrower is trying to renegotiate loan terms to avoid foreclosure.Can happen 30–180 days out; often before NODREINSTATEMENTBorrower intends to catch up on payments to stop foreclosure.Usually 0–60 days before auctionBANKRUPTCY PROCEEDINGSFiled by borrower to stop foreclosure.Typically filed within 0–30 days before auctionABSTRACT OF JUDGMENTCreditor has secured a judgment lien — may be precursor to lien enforcement.60–180+ days (depends on collection)County clerk documents like lis pendens, mortgage loan modifications, and similar filings can reveal signs of financial distress in a property.

So, you’ll have time to take care of them before anyone even walks through the door.Avoid last-minute renegotiations.

If that inflated value pushes you above market comps, you’re now overleveraged and your “deal” is already underwater.For example on our most recent primary purchase even with our 2.5% concession the home still appraised for $25K more than our purchase price :) In the event the home does not appraise - parties would need to renegotiate terms or revise the concession. 

Actually, agreed to $200,000 initially but re-negotiated once I visited the property and looked at the existing Teak/Mahogany trees. 

For years, that mismatch has caused all kinds of headaches—delayed closings, post-inspection renegotiations, or worse, deals falling apart altogether.

Is it possible for you to tie his compensation to performance or renegotiate your contract with him to include an incentive based bonus for on-time payments and maintenance? 

If they're able to re-negotiate even 40% of the current tariffs levied on us + move the 10 year closer to pre-election time, then it's likely we're in a state of austerity + negative GDP growth which means Jerome reduces rates rather quickly not necessarily aggressively.Once that sequence is complete, you'll see the economy settle then rip up to the right.

SO this upcoming July we renegotiate the rent and will be increasing it.

These are common contract terms that offer both flexibility and safety:Inspection Contingency (10–15 Days):Allows time to inspect, market, or evaluate without full commitment.Access Clause:Ensures you can show the property to buyers or partners without delay.Partner Approval / Buyer Contingency:Gives you the option to cancel or renegotiate if the numbers don’t work or buyer interest is lacking.Important: Always act in good faith.

Here is the offer I came up with:Offer Terms: Purchase Price: $320,000 Down Payment: $11,200 (3.5%) Financed Amount: $308,800 to be held by seller as a wrapround mortgage Interest Rate: 5% Loan Term: 2 years (24 months) (After 24 months, buyer must renegotiate the terms with seller.