Soon I expect even submitting a short sale package will require a check for the full amount to be held until the lender accepts the offer.This is great news for those with good sources of ready funds that don't require any kind of approval in order to use them.If the bailout is approved in the next couple of days and signed by the President as promised this week.

Most of the news people are reading today about our financial and housing mess is due to the improper use of equity.

The good news is... we still have the vote and a voice.

It is breaking news, so there is not a lot about it out there yet (you heard it here first on BP) - stay tuned and it will hit the mainstream.Until then, how is CBS as a credible source:Jittery Californians Buying Bullets And Safes Do your own Goggle research, do not just take it from me.

The good news is that I bought it low enough to rent and cover all expenses plus.

Or worthless to be more accurate.The good news is that if you have fixed rate mortgages, the dollars that you pay in two to three years from now will be cheaper for you.

http://www.newsday.com/news/local/ny-lilord1009,0,6148701.story :cool:

Again, here is where Realtors can be invaluable, because you will spend less time bringing Realtors up to speed as they already have had extensive training.The good news is that there are plenty of people willing to be bird dogs.

http://www.fdic.gov/news/news/press/2008/pr08098.htmlMonroe Bank & Trust Acquires All the Deposits of Main Street Bank, Northville, Michigan FOR IMMEDIATE RELEASEOctober 10, 2008 Media Contact:LaJuan Williams-DickersonOffice: [email protected] Main Street Bank, Northville, Michigan, was closed today by the Michigan Office of Financial and Insurance Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named receiver.

I know this is relatively old news, but these guys turned my life upside down and bailed, if anyone has current info, please share.