As strange as it sounds it is true about the "under 50" thousand dollar mortgages :hunf: I got dinged with a much higher interest rate because I owe less than 50 on my house. And I truly think that is why so many mortgages are out of proportion . It was explained to me that they make less money on the lower mortgages so they make up for it with higher rates :twisted: And since I choose to afford my house I pay for it.
Also unless an agreement is reached the seller makes the repairs. because until all the papers are signed anything can go wrong and the sale can fall thru and why would the buyer put money into a property that is NOT theirs . the whole thing sounds shady... tell sons to back off and see what happens. if the house has been empty for awhile there is no rush