The las crisis was started by an excessive loan defaults and resulted in too much inventory and not enough demands.Maybe this is wishful thinking, but I think with governors helping those with mortgages to avoid being foreclosed, that might keep inventory down and may cancel out the demand as well (people will have less money), if that’s the case, home values shouldn’t drop too much.

Some of you guys are being excessively harsh on Jill, she was just being transparent and straight forward with the letter about a harsh reality we are all facing.

I think that's excessive. 

Your in a townhome you don’t want an excessive barking dog.  

Excessive government spending and inflation are a serious threat.

@Le TrinhYou should consult a real estate attny IF you believe the information is correct. 8 months to finish a basement, even with those issues is excessive.

What I do not see happening in the short term is appreciation far in excess of inflation. 

Understand Dodd Frank when applying credits and lease options; Lease purchase agreements can be a way for sellers to find a buyer, acquiring both a buyer commitment for the future as well as rental income now, to defray monthly obligations; A seller's offer of lease purchase can also attract a buyer who wants the property but needs a little additional time to complete loan qualification and does not want to or cannot make an immediate down payment; terms of payment in a lease purchase should conform to local rental data for comparable homes; the amount paid monthly to be set aside for down payment of closing costs should be in excess of the going rental rate; if not, the lender arranging the mortgage at lease end may not accept the set aside funds; instead, the lender will disqualify the funds by declaring them a "gift" from the seller to the buyer; lease purchase documents should be drawn up with legal counsel to address eventualities such as the buyer not qualifying to purchase at lease end or a market value decline impacting the agreed purchase price and lender's terms. 8.Selling to Relatives - Selling to relatives can be a good option if the seller is having trouble moving the property or if they desire to keep the property in the family; if the property is owned outright, there are few challenges, but if a conventional loan is needed to complete the deal, it can get tricky; creating conditions where a lender is convinced that this is an "arm's length transaction" may be challenging.

Under this provision, a tenant must to notify the landlord that they have lost a job, lost hours, or otherwise lost revenue or faced significant increased expenses as a result of the COVID-19 pandemic.If a tenant has a paid security deposit of more than one month’s rent, the tenant can apply all or part of that excess to April, May, or June rent.

I got lucky on this one, my next steps could have been:` Find out how excess funds collected at foreclosure auction were distributed (they rightfully should have gone to clear liens, usually junior ones, and any excees funds go to the previous homeowner) in Missouri.` File for "quiet title" and it may or may not have worked.` Pay the lien off, and lose a ton of money.