Also our city council recently declared a 1 bedroom apartment for $1200 affordable.

I was recently separated because of some torn muscles in my shoulder so time to start the civilian life.  

These clauses state that, should the mortgage be sold or transferred to a third party, the lender has the right to declare the entire loan due.

What's your thoughts on a Retroactive POA, as suggested elsewhere, and if you think its a favorable option -would this be a document that needs to be filed or can I just declare it if it comes up?

The first lien holder gets paid first so they usually try to muscle out the second lien position.  

The seller went down there himself and muscled them into a different position and did a shotty job fixing the gaps with a universal repair adhesive - duct tape.

We had signs declaring that the property was being video taped.

I read that something like 80% of lottery jackpot winners declare bankruptcy with a couple years of winning their prize.

Here is the thread on insolvency:http://www.biggerpockets.com/forums/94/topics/45667-declaring-insolvency-to-irs

Guy thinks, okay, and wishes for a million bucks, and bingo, the genie produces a deposit slip for his checking account in the amount of a million bucks, and then declares "and two million for every lawyer on earth."