A lengthy eviction accompanied by serious tenant induced damage?

Every single job you take as a contractor, every property you buy in any municipality, they're on you like a bum on a sandwich.After they get you the first time, they have every right to go in and inquire on every job you've done in the past.

When you knowingly hide the fact that you're breaking a loan covenant from a lender to induce them to keep taking payments on a lower interest rate loan...that's techinically mortgage fraud.

If you want to bum through and party, save your parents the money and agony.  

One can only imagine what will happen if and when the housing market bursts and banks attempt to initiate foreclosures and recoup what they claim are losses.Fraud is defined as a "knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment.

Instead of a bum.

It applies to sellers of real estate, if they fraudulently induce a buyer to purchase (typically a flipper who doesn't disclose material defects that they discover, but don't repair)

Bummed I didn't get a reply, I'm assuming you all knew this already?

If you make false statements over the computer or telephone about your experience or the performance of your past investments and it induces someone to send you money that is what the government calls "wire fraud."

All the talk on the forums that the housing market is immune to much higher interest rates, a recession, and coming off government action induced asset values is unrealistically optimistic.