I would add that often the first attempt at a modification fails. and the lenders are changing thier parameters every day. while she may not qualify for the "Obama PLan" the banks have thier own in house plans that do the job quite nicely. the point was made that the home is not underwater but from where i stand it is very close and if the bank were to foreclose they would take a loss as well as run up legal fees. there is so much more to consider on this womens behalf but i do concurr that there is not an investment opportunity here.

Hopefully, by next november Obama will be gone, and there will be fewer RINOs in the GOP.

Obama, Gates, Kerry, and many other climate change activists have also bought beach property (some within the last couple of years) despite traveling the world in private jets and limousines to warn that coastal cities will be wiped out soon. 

:shoot: Many of my investor friends have told me that their credit lines have been cut, interest rates boosted, and I've heard plenty of other stories from people with good to great credit of credit woes thanks to (Pick one or all: the economy, greedy banks, Congress & the Obama Administration, Bush, Fill in the blank ________).Have You Had Your Credit Affected thanks to the Downturn?

You’ll learn all about it in the Obama-nomics re-education camps.

Tom Daschle didn’t “remember†to pay $128,203 until after he was picked by Obama to lead the health care reform efforts.

Another client bought an estate sale brick 3 unit apartment building in Woodlawn near the site of  the future Obama library for 165k.

The whole dispensary business only exists because the feds (Obama, specifically, as I understand it) have said they won't enforce federal law.

It is no different than people lying to get more of those "Obama phones" and then selling them.I was not saying that was your intention.

Under Obama, a federal law called Protecting Tenants At Foreclosure was passed, giving tenants certain rights.