Also, if you listen to Jerry, he mentions that it almost didn't go through becase of some flood zone issues...so, would that mean he was scamming Asser, if he had said no?

They will have a lot of questions and trust issues. 

Originally posted by Account Closed:Robert Lindsley That's the exact issue.

Quote from @Jim Bryant: This is why it's important to understand how the legal system works before investing in an area.

This is a big legal issue that may weigh in favor of the investor. 

At the time, it never occurred to me that if you want to swindle people it is difficult and expensive to take legal action against a company that is incorporated in a different state than where they do business.

I ran into a few issues with lenders.

@Craig Oram this is a common issue.

Whenever I am having an issue with financing, I normally reach out to local institutions.

I ended up spending some extra time making the finished basement legal (add insulation and egress).