After the BINSR requests from our fix n flip buyer (which of course we declined to do those repairs) I figured the deal was dead in the water. But they are going forward... YEAH! We will have to pay about $1,000 at closing to cover our DOT, though. Lose every penny of our down PLUS all the $$ we have put into it in repairs, taxes, leasing, etc...
Never thought I would be this relieved to lose only $70,000! But our other option was to not pay our DOT holder and let it go to foreclosurem and we didn't want to do that.
Just keep your fingers crossed that the septic inspection goes well, with no major repairs needed... that could be the ultimate deal breaker if .... OK Nana, think positive!
We will still "do the math" soon.
Have a GREAT Weekend, followers.