I declared them to be in breech of contract, for lack of ability to deliver after issuance of cert of occupancy, not notifying me of any judicial or potential judicial proceedings (read your contract), and the fact that they tried to close on my property knowing full well that they had a lien on the property (how do you spell fraud?).

Will the bank make some sort of public declaration if it decides to auction the property?

When wholesaling should you have a federal Id number etc to claim money, or would you declare this as extra income on your personal taxes?

Also I did find out I have 7 days after offer accepted to have inspected and 7 more days to declare offer void.

Thanks for the info.I was wondering because I wanted to buy a couple of notes and hold them, but I did not want someone to stop paying and declare a BK.

I get motivated when I see muscle men at the Gym or couple of my friends when I meet them.

I was under the impression that you only had to declare it as income on your W2?

Declaring bankruptcy can stop the foreclosure, too.

If an investor tried to get more than one 203(k) loan and declared that he was going to live in each property covered by a 203(k) loan, he would be committing loan fraud; specifically, occupancy fraud.The 203(k) program is currently closed to investors, but can be used for owner occupants purchasing ONE property consisting of up to four units, also known as a four-plex.An investor, if he doesn't already own a home, can declare that he's going to occupy the property but multi-unit properties are very susceptible to post-closing audits to make sure the mortgagor (borrower) really lives there.

The judge will declare the loan invalid because of the usurious interest rate.