Over Visa and Disney etc. 

In a hard market, rates/premiums go up significantly, higher deductibles may be forced on policy holders, and policies may include more exclusions or provide less coverage enhancements than seen in prior years.

Internal Revenue Code section 72(t) allows penalty-free1 access to assets in IRAs and employer-sponsored retirement plans under certain conditions, such as account holder death or disability, first-time home purchases, and taking substantially equal periodic payments (SEPP).

Although, from what I've read, it appears the debt holder has a responsibility to mail a form 1099-C to the debtor -- it seems that simply informing the debtor at lease signing of your intent to use "forgiven debt" isn't enough to be completely above board.Still, this looks useful.ThanksHave you run this by an accountant? 

It is also not specific to the property owners, the residents or voucher holders are having similar experiences. 

Or you were a second mortgage holder.  

This is a subject I've been wanting to discuss, great for my 15,000th post :)My mortgage company originated and serviced seller financed contracts and notes, we guaranteed the loans under a unique program much like private mortgage insurance by advancing payments to holders and collecting payments. 7 states and I have no idea of the number of originations, thousands over almost 15 years in this area.You made a statement, the benefits out weigh the expense and headaches, that may have been a question.There are two reasons that banks and mortgage companies are not jumping on this band wagon.

I am trying to determine how much the housing authority will pay for voucher holders in my home county.

If you were to get additional financing even from the seller you would have to inform the first lien holder who in this case I would bet 100/100 times they would absolutely say no to this.If the seller is stuck with their number - walk away- wait 3 months and come back - if it’s worth less and appraisals show that then someone getting financing will be near impossible and only a cash buyer would most likely do it which is unlikely unless this property Is a complete cash cow (which probably not the case in todays market)

While the QIs entity (called the exchange accommodating title holder) holds the property you can improve it (even with funds from your exchange account if you want).