I'd also like to mention that the HUD course I took was completely out of date, and most of the info I learned in it was useless.

@Chad Duncan When they talk about closing quickly, they're talking about the escrow process, such as the title search (ensuring that you receive clear title, so if there are any liens or judgments against the property, it may delay the closing date) another component is the loan process, which is what usually pushes out the timeline in escrow.

The property was built in 1987 and though most of the major systems date into the 2000's, the furnace on the heat pump is original.

(date tbd)@Andrey Y. “2/1/2 condo, purchased in Dec '14.

Have you been served papers by the attorney for a court date or are these just threats?

It's a bit dated but Carlton Sheets CD set How to Buy Your First Home or Investment Property with No Down Payment: 12 CD Audio Course is a reasonable 15,000 foot view of how all this works.

You can always do an addendum.Addendum to Option to Purchase Contract dated ___ between <buyer> and <seller>.In consideration of the sum of ____, the option expiration shall be extended to ____.  

Please keep us up to date with the process.  

All of my acquisitions to date have been with 90% LTV full-doc financing.

If an agent gets 10 or more to commit, his/her's will be free.I've had agents set a date, only to cancel more than once.