The was a federal act passed in DEC 2007 the lenders cannot hit you with a default judgement on your primary residence keep in mind the irs can and will tax you on the spread in a short sale and one morning you will wake up to a 1099 in your mail box if you dont get a good accountant

The IMF now officially predicts an American recession in 2008; many at the Federal Reserve think output is contracting"Many of us in the real estate industry knew what was going to happen and we kept feeding the fire.

The developers say they can offer the investor this type of premium because the bank is using the investor's money to allow themselves to be able to borrow more money from the federal gov. to loan out to others needing loans.

The program is administered by HUD's Office of Housing-Federal Housing Administration.

(Federal criminal records available.)

Qualified distributions from a Roth IRA are Federal income tax free.

They have to sign off on it.Remember BK is a federal process.

So is this a federal tax rule, or is it state-to-state variation?

Section 8 programs are locally administered, federally funded programs and the implementation is different from place to place.

Welcome to BiggerPockets.It's 1978 and it is a federal law that you must provide your tenants with the "Protecting your family from lead in your home" booklet and have them sign the lead disclosure form.To find the booklet just google for the title above and you can download a pdf and print it out on your computer.