The foundation could also settle with excess moisture.

The first example I used has excessive fees for what they offer, and don't do what they're supposed to do.

The Board decided there was excess money in a fishing derby account and transferred $500 out of it and into charitable fund.After contacting board president with my concerns.

The threshold for STR with FDOR (known by most as the sales and use tax enforcers) is 6 months so I keep a clause in my leases that if they move out before occupying the property for at least six months they're also on the hook for paying sales tax on their rent (6.5%  in Orange Co. but varies from 6% to 7% depending on local voters funding their favorite projects with the amount in excess of 6%). 

Hey,Has anyone had any experience purchasing excess bank real estate inventory?

Funded in part with private money and the balance with investment partners, the project created profits in excess of $200,000. 

You now have a Loss in Excess of Basis Scenario and.... guess what?   

I emailed him Sunday regarding notices I received re electricity getting shut off soon due to lack of payment and a $100 fine because of excess garbage put in the front of the property.

The buyers inspectors literally praised the work we had done throughout, but a week ago the CL-100 wood infestation inspection came back noting a small bit of non-structural exterior sheathing damage along the bottom of the back wall behind the vinyl siding due to moisture :( The good news is we are 99.9% sure the issue was caused by rain water coming off of the roof and landing in an area that had standing water before we brought in some dirt and gravel to resolve the drainage issue during the remodel (townhouse is on a slab). 

Real estate is the last place you want to park excess cash if you believe we are at the top of the cycle.