The homeowner also poured a cement floor and built a garage over the septic system to hide it, so that was estimated to be around $50k to correct, assuming the land perc's and a system is approved.

Keep an eye out for them and hide your money from them.

It's funny, when you don't have the money you find great deals to invest in, but when you are flush, the great deals run and hide. 

Oh, I understand better.There are indicators that a typical conventional underwriter will look for to identify if a borrower may be hiding a mortgage liability.  

I don't want to miss anything that could be hiding on the title and I didn't even think about fines.

He's upside down on the loan.The lender, after a thorough exam to be sure he's not hiding other assets, agrees to let him sell it for less than he owes and forgives the balance.Short sales can be a great deal, but they can take anywhere from months to years.  

Just sharing my mistakes so people can learn the easy way instead of hiding like a coward. 

You don't know what your going to get when you see the worm, it hides and goes away for a few weeks, and when it comes back it can and does easily flutter away.  

Hey Saj - Quick note, Wells Fargo might have hidden overlays saying otherwise, but in general you can use HELOC funds for down payment, cash to close, reserves, etc, without seasoning it, or hiding it, or anything else.

I agree that if you can't post your picture and give people information telling them what you are interested in, your experience and how you can help others or how BP can help you...hiding is worthless and should be banned/deleted!