no.i think townhouses are fee simple - meaning you own it with no conditions other than paying for maintenance - you own the dwelling and the lot under it.

have your lawyers write an addendum to the purchase contract disclosing the amount which is the difference between the appraised value and what the seller actually wants... label it a marketing consulting fee to a XYZ company.the key to cash back is the relationship your lawyer has with title company. have your seller order title through your attorney and everything is fine.good luck and if you need clarificaiton let me know...

From what I understand hml are for 6 months and can be extended for another 6 months but fees are applyed to the loan because of the extention.

Here is a direct quote from Washington DC's Office of Tax and Revenue:"Legal fees due and owing to the Tax Sale purchaser should only be paid after the taxes, assessments, fees, and other costs to the District of Columbia have been paid".Stay blessedKen

thx>>It's really better to buy things directly from the county because you do not have extra fees added to the ownership of the lien.

Whats your Referral fee (: I'm with E&R Realty group inc. and I do Mortgage Lending in your state. 8)

Consolidated Solutions Group does not actually provide any services directly and nor does charge any fees.

:roll: However, they still reject my offer that will clearly cover their mortgage payoff and agent fees, and ask for considerably more in the counter.

That way you can accelerate your depreciation while limiting your taxpreparation fees.

Here are the factors:(1) house probably not worth much more than the first note and possibly, part of the second (with interest, penalties, attorney's fees, etc.)(2) house is occupied, not by the owner, but by a "tenant" who has not paid rent for a year; but has put about $50,000 of improvements into the house (he originally had a contract for sale with the owners)(3) wife (house is co-owned with husband she is divorcing) has filed for reinstatement of bankruptcy (her first petition was dismissed) and we won't know until we get to the courthouse if the petition is reinstated(4) there is an IRS lien on the husband which has been filed on the houseFurther facts and questions: (1) will reinstatement of the wife's bankruptcy stop the foreclosure?