"Pre Foreclosure" is any property that is 90 days or more behind on their mortgage. Once a homeowner goes 90 days or more behind on their mortgage payments a foreclosure law suite is started by the lender. At that point the home is considered in foreclosure, and becomes public data. Many houses listed on websites are homes in this situation. This does not mean the owner has any intention or obligation to sell their home.
The taxes will be based on the current tax year. If the taxes were grieved this year and were successful you would see the savings take place the following year. I would suggest going to the city tax assessor and getting what the taxes are for this current tax year. This way you can get an accurate assessment of what the payment is going to be. This way if there is an issue with the GFE you have all the information you need.
I would go to the building department and see what you can find out about the property. If it was previously listed you can see what was disclosed on the listing sheet.Additionally in N.Y. State you can give a $500 credit not to fill out a property disclosure form.
If your house is listed with a broker they can log into their zillow account and change the details. If you are listed on your own you should be able to log in and do the same. Many of the listings on zillow are syndicated via other websites, looking at the source of the original listing could be helpful as well.
I would suggest looking at what the interest rates where on your credit cards first. Second if putting the extra money down got you 20% it would save you on the mortgage insurance. Third for every thousand dollars you put down extra would save you roughly $5 per month.
Banks are very cautious about reducing principal when there is already a missed payment history. Second the bank will not want to reward negative behavior. If they were to do this for one person there would be many to follow in the non payment department.
Having additional income on a loan application is always helpful. When adding you on as a co-borrower all your income and debt will be factored into her loan ratios.Since you would not be living there I would highly encourage you to ask your daughters lender if they allow non-occupying co-borrowers for her specific loan program. Some programs do not allow non-occupying borrower.
Speak with a qualified Realtor to get a free home valuation.
All prices can be negotiable. It depends on the specific situation.
Have a professional Realtor come give you a free home value analysis. Zillow gives "Zestimate" and is generally of by 10-12%.