@Ben Voogd no offense intended, but if you didn't know enough to catch all this before you bought the property, what makes you think you can get yourself out of this situation without costing you a ton of money?

Sounds like they might be in pre-foreclosure and if so you would have to catch up the arrears and have to pay that off at closing to reinstate the loan

Seems student debt would be "less costly" than using cash to catch-up your mortgage and the ding you may take from some lenders.

@Wade B. it's like catching fish with your hands - the trick is to be quick and firm.

At this time we have given them until July to catch up.

Yes if your smart or read this post you could prepare the deed without the exception but I doubt you would be aware of all the possible problems or draft the deed to catch them all.In my opinion its best to either make sure the grantee meets the definition of Insured or buy an new title policy insuring the grantee. 

Thanks for catching the stepped up versus stepped down error, but I’m not sure that I follow your point about diversification.

If none of this produces anything deeper just reassure your wife you’ll have a safety system to catch your daughter if it ends up overwhelming her.

I'm thinking that properties be at a discount in a couple months once the market catches up to everything that has been happening.

It is kind of a catch 22 because the bank doesn't want to wire the fund until the first box is installed and the modular company wants the wire before the first one is installed.