It comes in handy when you have a judgement.

But remaining life is a judgement call.Electrical -- The original parts of the house are wired with two wire ungrounded copper wire.  

I mean if the deal works out to be a great one, the lender gets a great return, and the collateral is worth more than the borrowed amount (i.e loan is 80k on a 100k), isn't the recourse just icing on the cake for the lender.The confession of judgement sounds like a good way to convince someone that you will do the best to make the payments, but as you borrow more & more from that PML and others won't you have a huge liability threat if one home goes bad?

The home can only be moved on certain days and times in Texas.3) The park can stop it with a judgement and a RIT.

I'm just sending a letter to the ex-tenant (the first letter since the judgement a few weeks ago) to lay out the total amount owed, how to contact me and that I'm willing to work with him, along with copies of all the invoices for damage etc.

Now if the judgement exceeds that amount, then yes, they could come after your personal assets.

Their insurance company paid the judgement.

Congrats on getting the judgement by the way.

We take our documents to our attorney who specializes in landlord-tenant law.)Attorney Fee: $500 (flat fee for members of the Clark County Rental Association, includes everything from paperwork to court representation)Filing Fee: $197 (with the Clark County Superior Court)Service Fee: $40 (process server hand delivers package of five court orders to tenant:  Complaint for Unlawful Detainer, Motion and Declaration for Order to Show Cause, Order to Show Cause-Unlawful Detainer, Eviction Summons, Payment or Sworn Statement Requirement)Court: Fees covered by filing fee...our attorney and our tenant appear before the judge, resulting in a judgement in our favor, court issues: Findings of Fact and Conclusions of Law, Writ of Restitution)Writ Fee: $20 (Sheriff delivers/posts the writ of restitution and also written instructions for the tenant to follow outlined in layman's terms).Sheriff Fee: $85 (Sheriff is at property for one hour while we empty the apartment).

I can only imagine that there was a severe breakdown in judgement at the Raleigh PHA or a severe budget shortage, or both, during sequestration to bring such a move around.