The letter will normally specifically state the method and matter of resolution by the lender.

If you have a Mac with QT7 you can view it is 960x540 resolution, which is better than TV resolution.

*******But this is the kicker, and i need some real advice on this:apparently there was a revision to the association bylaws and they no longer let any owners rent out their units if they purchased on 6/2005 or later. everyone else before that date is grandfathered in so they can continue renting.NOBODY told me about this. not my relator, or my attorney. i even asked my realtor about rents in the beginning because i wanted to make sure it wasn't a co-op and the seller's attorney said renting is fine.so you can expect how shocked i am when i went into the office today to receive my new homeowner's welcome kit and she mentioned the new resolution to disallow any renting of units. she said my realtor and/or my attorney should have made me aware of this.i feel like i got majorly screwed. what am i going to do with a 2BR/2BA living by myself?

I just finished reading "Why we want you to be rich" and "6 Steps to Succesful Real Estate Investing"..and I am now working on a book about Landlording..Just wanted to say Hi.My New Years resolution is to start my own business and buy a property.:) :goofy:

I have resolute to make my first purchase in 2014.

I have resolute to make my first investment purchase in 2014.

@Dee XixiDee I'm sorry to hear about the trouble you are having, While I hope you have a good resolution I think this may be a very expensive lesson at the end of the day.

I'm not sure about finding deals in NYC, I feel like that could be a tough market to start out in... but I'll never dismiss an idea or market without first doing my research. (2014 resolution is to minimize the assumptions!)

One of my new year's resolutions is to try harder to understand that there will be investors (young, old, new, seasoned and all in between) that will do bad things, they will do bad things for a dime or perhaps for no reason at all really.I'm also trying much harder not to use a hammer to swat flies when a bit of fly paper will do.For those who insist on creating notes at 1% or zero interest, just understand that if you don't disclose to some unknowing seller that they will get tagged with imputed tax rates forced upon their note then you just created a potential liability for yourself.If you have a mortgage broker who may be a party to your note, they may provide or write the note, I've written hundreds of them as a broker/servicer.

I will select the note, the IRA acquires it and I manage various vendors towards a final resolution where the IRA either sells the now re-performing note or the property upon foreclosure.