The lender is not damaged and presumably the owner was there long enough to satisfy the time requirement.Any *misrepresentation* on a bank loan, like intent, (reason for the loan), income, addresses lived at, rental history, amount of money in the bank, assets, liabilities, employment, time on the job, number of dependents, source of funds (the common things people lie about on applications that get them into trouble) etc, etc are potentially mortgage & wire fraud.

Before purchase I went in and looked at the lien history through the recorders office but I too was under the impression that all liens were removed upon purchase.

@Rob D.My wife just helped my co-worker's daughter list and sell her house.

Make sure that you thoroughly screen your tenants in the future (i.e. pull a check on their credit, criminal, AND evictions history) and do landlord reference checks on everyone above 18 that will be living in the unit.

My daughters school has towers in the class room.

Ive just turned 26 and at a point where I have a few years of rental history under my belt and can’t stand paying money on mortgages that aren’t mine.

i was told by a mortgage banker that i have to have 2 years work history to qualify for a loan. is ther anyway around that so i can invest sooner?

The lease agreement includes mom and one kid, the daughter just moved back from college and now the son is using basement living area as a bedroom.

Some of the restrictions that I found out is that you need to work in the same company or at least proof of consistent work history for at least 2 years (correct me if I'm wrong).

So, you'll find things like sales and listing history.