No government-imposed deadlines.

In 3 words, "The American Dream"Legacy of financial freedom and independence for my children.I grew up with extremely dedicated 1st generation immigrant parents who sacrificed a tremendous amount of their life for their children and no amount of money can replace their love and hard work for my sister and I.However, as they face retirement - hard work was not enough to keep them from depending on government social security and their kids.  

The rules and laws that govern the earnest money is different in each state.

@Clayton Crouse thats a very complicated question and givin the strict regulations on these types of transactions you should rely heavily on a good CPA who know this sector of the business and the laws that go along with it. 

Once you understand whats being proposed by the local government for the area, then you can make an informed decision on whether or not you want to invest there.I'd also look to acquire property for about half of your budget and pick a property you can successfully reposition.  

However I also heard that because of this that the government subsidizes the insurance coverage.  

Taxes and Other Government FeesRecording Fees and Other Taxes $375Transfer TaxesF.

Then my mortgage company had a list of things I had to submit, including inspections they performed, before sending back the money.I would think anyone with flood insurance would have to go through the same process of working with the mortgage holder to get access to the insurance funds.Now if the government steps in and offers money to affected homeowners, no telling what rules will or will not be in place around those funds.

According to Wikipedia, there is NO actual county government, which would ordinarily be the first place to start.

While the above-referenced items identify what is customarily required by Servicer to support a Loan Assumption request, Seller and Buyer acknowledge and agree that the terms, provisions and conditions of the documents governing the loan(s) to be assumed will ultimately control, including, without limitation, transfer fees and costs, release language, legal opinions and the documentation required to evidence the Loan Assumption.