The TARP may be redirected to address “housing to prevent foreclosures,†“automobile loans, consumer credits, small business, municipalities,†he said.

I have never really received a clear explanation.I would assume they are to prevent some fraudulent activity that has been experienced in the past with refi cash outs, but the banks have seasoning issues to protect from that now anyway.

This is to prevent the forum from becoming a cheap forum flea market, devoid of content and flush with nothing but ads.

Your money will be tied up trying to do the bank a favor and prevent a foreclosure.

AND your prevented from making a deal less than actual value for property.

Having a new tenant sign a disclosure acknowledging that he/she/they are aware that the house contains lead paint does not prevent them from suing the owner if one of their kids is exposed.

As an owner, you would have stipulations in your lease to prevent that.Also, that's what i was trying to get across.

She is an indoor dog and sleeps next to my bed each night.But, that did not prevent her from gnawing on the window sills in the kitchen.

The "stimilus" package has nothing to due with stimulating the economy itself but is really the governments best guess of how they can prevent having to spend this money later.If they were to let things be more companies would have folded (or at least called it quits) and the government unemployment rolls would have exploded so drastically that they would have easily have doubled the monies they gave away in unemployment claims, food stampt, and all those other programs.This is what I believe is the real drive behind this and the government is going to get a little upset that their ploy did not work and take it out on those of us that have found a way to make money.

That tenant was able to run up a $4K-$5K gas bill (that of course she wasn't able to pay), because law prevented the gas company from turning off the gas during the winter (because the tenant had a newborn and an elderly relative staying with her).The point is I agree 100% with Mike, Rich, and the others about tenants paying their own utilities.