Generally speaking, that would be a violation of fair housing laws, and land you in trouble rather quickly.

That may be dictated by state law.

I was informed today from a renter who was living in a foreclosed home and evicted within 30 days, stated that there is a new law which allows renters of foreclosed homes to be evicted in 60 days now.

Reason why is there could be multiple answer for that question, the answer depends on what are the state law in regards to Foreclosure.

I especially like the $25 email fee I have seen on some of my Chicago closings.When I have seen that fee, I have paused the closing and told the closer to get that off the HUD or we ain't closing.Here is the key, by LAW you are supposed be able to review the HUD prior to settlement.

I'll be setting up the LLC in North Carolina, so I'll have to check into the applicable laws there.Ideally, the investors in the LLC would need do nothing more than contribute money.

The House was expected to vote on the bill Wednesday, and it could become law as early as this week."

That is the sort of stuff that tends to draw the attention of law enforcement authorities like attorney general and district attorney.

There may be some kind of law like a do not call list law, where they could fine you if you contacted them again.

If they accept the check and do nothing (...And they will do nothing) you filled your obligation although the law doesn't put the burden on the borrower to notify the lender.