I'd like to say hello to everyone and would like to extend my appreciation to all the posters.

If you pledge the old property with the nee one, be sure that you have a release amount for the old property or for both.

http://www.corelogic.com/About-Us/News/CoreLogic-Releases-Mortgage-Fraud-Trends-Report-Update.aspx"By November 2010 one in every 24 REO sale transactions, or 4.2% were part of an “egregious resale and therefore deemed risky.†It is way higher than the 1% fraud risk that is considered the acceptable fraud rate."

What we did on the last deal was have the closing attorney hold back $10k in escrow to be released after we removed the tank.

Bank regulators will insist on compliance and it won't really matter what a loan committee thinks for a violation of state or federal law.To my knowledge, there are no loan underwriting requirements that contradict any state or federal law, and there won't be, since state law trumps underwriting guidelines.Since government loans are usually sold with servicing retained or released the effects of various loan risks with a portfolio lender will not be as important, even if the bank is fueling the area.

Each contingency contained herein shall be satisfied according to its terms by the closing date or this contract extends to provide time for satisfaction of said contingencies.

Do annual flushing really extend a water heater's useful life?

Upon final clearance given then release funds for payment.

XPS) - probably in two layers: a thin layer which extends behind your wall framing (say 3/4 - 1") and a thinker layer in the cavities (1.5 - 2").

My plan at this point is to do a refi to get my cash back out after the property is fully stabilized, hopefully in six months, perhaps a year.So, once again: BP folks, I extend my thanks.