No sense buying in a poor market when there are good markets abroad, regardless of what you here in the news.

http://www.hud.gov/news/release.cfm?

The law allows any plan the option to have a loan provision but the documents that a lot of different banks and brokerages provide do not let you have them.

They hear on the news all the bad things going on with real estate and don't think twice about it.Then when the subject of RE comes up, all the can repeat is what they've heard on the news or read in the newspaper, "man, real estate is really bad right now", "people are losing a lot of money in real estate".Nobody really thinks twice about what it really means when RE is low.

So very sorry to hear this news....If I were in your shoes, I would do the following in this order:a) Get proof of the impending foreclosure.

I’m sure that the panic and fear that is currently lurking in every news paper, every television station and at every kitchen table could have us all standing in our underwear with nowhere to live and nothing to eat in 10 years.

I looked up a local Real Estate Investing club here in las vegas off of this site and when I clicked on their website it had news from 2005 and all of the contact info was disconnected.

But lenders may charge some additional fees, such as a supplemental origination fee, fees to cover the preparation of architectural documents and review of the rehabilitation plan, and a higher appraisal fee.

But don't think for a second that another investor or an agent - or a guru for that matter - knows everything.Now here's the good news.

Citibank did the same to me: decrease equity line, with no backing documents that the property actually decrease that much (which is not true).