@Lisa Graesser,If your husband takes distribution from an IRA now - he will be taxed and penalized on the amount he draws.

I'm just trying to help you out before BP penalizes you and closes your account.

Wells Fargo is a bit unique... they get fined/penalized so much that they evidently turned their restitution payments into a formal first time homebuyer down payment assistance program.

Look up Act 328 of the Michigan Penal Code.

No reason to go overboard and penalize them, that is if you do not have another tennant you might lose over this matter which you do not state.

It may be hard to penalize him now, but do whatever your contract allows to force his hand on these milestones.

Collateral is set up to penalize default.

I would continue to look around, you'll definitely find a lender out there that won't penalize as much for the loan being that small.

But all MLS I've ever belonged to requre you to submit SOLD data and will penalize you (monetarily & could suspend access) if you do not submit the Sold Data

Before I bought, I would have that clear title as a contingency clause in the purchase contract that has no penalization statement in it that allows you to say "no" when it is checked by the Title Company or an Attorney's office.