If the first has given proper notification then the IRS will have a 120 day redemption period on the house also, but they rarely redeem and you would get your money back if they do.The bankruptcy could stop everything.All of this advice is subject to your state's laws.

And invest in a mortgage where they US laws don't apply.

Bankruptcy lawyers help people stay in their house by getting it protected in Bankruptcy so the lender can't proceed to sell the house at the auction.Before the Bankruptcy laws changed in October of 2005, nearly 60% filed for Bankruptcy.

The law has a doctrine called “substance over form.”

This where the laws will be, and I always prefer to read it directly from the law.Next I would track down your local apartment association.

Some communities are now passing laws stating it is illegal to rent to illegals.

Hello- Just wondering if anyone knows of any real estate internet website law?

Rehabbed it with a lot of help from my father-in-law.

The laws and terminology differ dramatically from state to state.

Remember also that corporations and LLCs are governed by state laws, so what's true in one state may not be true in anther.