I've got lenders that'll do newbies at surprisingly good rates...It's always been hard to buy right out of MLS.  2011-2012 was a rarity.  

This probably rises to the level of being predatory, so it's no surprise regulators are cracking down.  

I'm a bit surprised nobody earlier mentioned the coolant aspect here. 3) You might be able to find some used units to buy on the cheap - sometimes people install units and soon after decide to upgrade or build an addition etc etc so you might be able to find 1-2 year old stuff for half price to save $ going in.

I am wondering whether this is my problem and if so what I should do about it.

I rent this 4-bedroom unit to 4 college guys. School is out and this one guy hadn't been around for a couple weeks. He says when he got ...

Let them know what the sale process will look like so there are no surprises.

&ms...For public records (mortgages, lis pendens, etc) see http://bergensearch.co.bergen.nj.us/countyweb/logi...You might be surprised by what you can find out online!

I was a little surprised to see the breakdown in that spreadsheet because here it's not uncommon to see tear-down's sell for $125 (land value) but some houses sell for only about $200K (not tear-downs), so the land value here would seem to be a little higher % if that makes sense, but you're right, it should be publicly available.

Surprisingly this rationality is far more uncommon than you may suspect.

You will have a contingency in your contract that will allow you to back out of the deal legally, but if you make conservative offers you'll only need to use it for a legitimate surprise, e.g., a cracked foundation.

There were a few surprise issues but we are happy to know about them now.