I'm going thru my first HUD purchase right now, and it's obvious that it's run by the federal government!

She presented us (PM and I) with bank statements where it shows the payment they get from government and it also shows a savings, around $40K.She at first requested a 2 year lease which we told he we will consider after the screen, but then she changed her mind to 1 year lease as she will consider buying if they like Florida.The PM told me that during these times where the economy is bad and many people have credit problems, there will be issues finding "the perfect tenant".

HAFA is a government run short sale program and it favors the lenders.

They write and lobby for new laws governing hoas.

Please "google" theDodd Frank Act (and how it relates to S.A.F.E.)It is the "buzzword" topic for many of the "seller financing gurus" and currently a troubling topic on various note buyer blogs, teleseminars, and webinars.I have received multiple emails alerting me as to our Government proposing changes to an amendment (i.e.

Would it be possible to return it to a VA home therefore collecting rents of the government??

Government Plans To Rent Out Foreclosed Homes

Homeowner associations are self-governed corporations with volunteer boards that often times do not understand their fiduciary duties.

Government Considers Ways to Rent Foreclosed Homes

In Wisconsin, the law requires that the tenant be served a 5-day notice that gives them a chance to pay up.Each state can have different rules, and local governments can add a layer of requirements on top of that.