Rumor was that one of these guys had a connection to Hezbollah.   

The one thing you learn in this business is to verify everything and accept no rumor as fact.

Today an investor friend told me he had read about new possible legislation stating that a house sold in less than 180 days might be subject to repairs for up to 5 years after the sale.

Has anyone heard about this?...

Or was that a rumor you heard (happens a lot).

I have heard rumors of the banks talking about this sort of thing but nothing concrete yet.

The stock market is the ultimate in SPECULATION, ruled by emotions, bail outs, wars and rumors of war, and a strange itch that Uncle Ted had last night!

If owner is rumored deceased, ask about their knowledge of relatives or other clues.

I heard a rumor that, next time, Aaron is picking up the tab for food!

I'm sure cost would be further amplified for a vacation rental.Is this just a rumor?

I've heard a rumor where a poorly written lease-option was construed as a land contract and had to be treated as such.On the other hand, a Land Contract needs to be foreclosed on if there is more than 20% equity from the purchase price, or more than 5 years from the start of the contract.On a side note; Uncontested foreclosure in Montgomery County is taking about 6 months, contested can take 2 or more years.