Secondly, a tort is a civil  wrong, if you cause an owner a financial hardship you can certainly be held accountable for their loss.

Being in Florida, land I held fell like a stone and hasn't really recovered at all.

Borrow the money privately, pay off the bank loan and create a new privately held 2nd TD.That's a starting point.

The mortgage is personal property, an asset and the value of the property, while it changes the risks being under collateralized, does not mean the value of the note is reduced at the same or even nearly at the same rate of the property devaluation.It's my understanding that the ED is on the property held by the lenders, or in the process adding to such inventory.I don't think this is going to fly, if it does it will be very politically influenced, imo, as I have never heard of any similar cases.

Assuming you had buyers tour the property or your Realtor held open houses, you should review the agent feedback you received from each prospective buyer.

We need to thank Supervisors Barger and Hahn for having the courage to stand up to this obvious power grab by Supervisors Horvath and Solis to try and override the powers held by duly elected local City Councils by attempting to impose their radical policies

the brokerage is reserve acct where deposits, and all reserves are held.

I used to work construction, but the only license I held was Plumber Apprentice.

Property that qualifies for 1031 is property that you bought with the intent of holding for productive use in business trade or for investment.Most folks feel pretty comfortable if you've held the property for more than one year (the old mantra used to be "one year and one day").  

I have one that has to be renewed every 18 months), so theoretically you could be in a situation where if you had a loss of income , or if interest rates skyrocket, you could be at risk of renewing the loan.Its not necessarily the end of the world, but its something to think about when it involves your personal home.Also, my understanding is that once you have held a property for 6 months, you can get a new loan and the lender will look at the new assessed value.