The MFA will probably have the final say on what is and what is not income. They have their own underwriting guidelines. You can call them directly at (800) 444-6880 if you want further clarification.
There are a lot of variables to consider. Is it going to block your views? What part of town are you in? How big is your home going to be? What is the rest of the neighborhood like? I am a Las Cruces real estate agent and I know the market. Feel free to contact me if you would like.
Bob Harrington is a credit repair specialist that works at our office. Feel free to contact me and I will put you in touch with him. Best of luck!
Is your house listed for sale? If so, there may have been a change in the MLS. Otherwise I would check with the county. They may have changed it in the county records.
Your county should have a website displaying this information.
The serious buyers will be there! And that's what you want right?
You could put down a larger down payment if you have that much in the bank. It would lower your payment. What seems to be holding you up is the debt-to-income given your current earnings.
How long ago was it built?
Have you already talked to your lender about HARP?
I know in New Mexico it has to be in writing. It is probably the same for most states. You could call the real estate commission in Texas to be sure.