Treasury, under pressure to revive lending, is demanding monthly reports from the banks that received the most capital from the government's $700 billion rescue program.

Are we supposed to receive notification when a new topic is posted in a group that we are a member of?

We recently received a letter that ALL business LOC were cancelled as of 15 Jan 09 and outlined the payment plan for paying off the balance.

In those cases, the terms state that we are paid upon the receipt of the Acceptance Letter(s), regardless of whether the property actually closes.The reason for this is that we have done all of the work we were paid to perform, once we receive the Acceptance Letter(s).

It is kind of interesting that as property owners, we have never solicited, nor received, a "regular" (we call them "straight") option.

I have never really received a clear explanation.I would assume they are to prevent some fraudulent activity that has been experienced in the past with refi cash outs, but the banks have seasoning issues to protect from that now anyway.

Then today...Property management gets back to me, saying it received an 'OK' from the owner to type the lease agreement before actual move-in date, but they will wait to hand over the keys until at or near the move-in date (I was ok with this all along, had previously told mgt. that I didn't expect to get the keys before move-in date).So I guess I'm in better position than before.

They are receiving a check they should work for it (if they can).

You will share in the profits made off of the condo complex, receiving a percentage of the full sales price of each unit.

Yes there are several "exit clauses" you can use on a contract, but I have always done well ,and have received better deals from sellers who have actually turned down other wholesalers even at a higher price because my reputation was that I closed the deal one way or the other.Good Luck!