In my opinion, even though you may be right that they pulled a fast one, it will likely not workout well for you unless you can prove the agent acted in his/her best interests.

Sorry was trying to post answers to the questions within your post....didint work out too well lol.The situation is that the owner passed away about 3 years ago and everything was passed to his only son.

If he wants to stay he needs to work out some agreement with the lender.Once he gets this situation stabilized, he can work on rebuilding credit.

It also is a fall back plan to sell your labor at a higher rate if things don't work out going it on your own.

They require special roofing materials and will need routine maintenance more often.

I've had it work out where the lender considered the documentation and showing proof of an ownership interest, and therefore they were technically refinancing.

FDIC set up all those poor borrowers with a very one-sided purchase contracts which resulted in almost zero workouts.

I am a risk taker but do not want to risk losing my house if things don't work out.

Our score dropped to 650ish, BOA cancelled/froze 4 heloc's and dropped a credit card limit from 50K to 14K (after a routine check).

I plan on working full time during the first few flips until we work out the bugs in our system.