If you would have simply held on and collected rent for 72 months, you would have been up money...and that is buying at the peak right before the biggest real estate bubble in modern history.

I have not personally held weight on the president dropping prices or increasing the prices.

HELOC are generally balance sheet meaning the loan is held on the lender's book, not sold into the secondary market.

That said... it's common for properties to be held in an LLC that's in the same state as the property itself.

I brokered a townhouse development in the early 80s and we gave zero coupon bonds to the buyers as an incentive to buy.. and If I recall the bond held 30 years would mature and have enough that equaled the entire price of the home. 

They had signed the lease, but I had held off signing until they paid the upfront move-in costs. 

Based on what you've shared, I don't see how they can be held responsible.

I would say if you do post it be as detailed as possible minus borrower info re: what's the collateral exactly (estimated value, condition, etc), outstanding balance, state where it's held, terms, performing or non, 1st or 2nd position, payment amount and what you're asking price wise.

Hello Kev,Is the property titled to you personally or held by an entity? 

HOWEVER, based on tax advantages, leverage returns, and opportunity cost the buyers may decide to finance anyway.In mortgage states the homeowner owns the home even in theory; the mortgage is a lien clouding title, but title is held by the owner.