Had to let it set in the MHP for 4-months until bankruptcy court released it - then mortgage company had to reposses it.

I negotiated 3% and plan to collect this amount in order to release my Notice of Option.

I seem to recall that they were having problems with releasing some sort of noxious fumes, yes?

QE extends to the right to the use of the property and expectations of privacy, not just to how loud your neighbor cranks up a stereo.

Also, property taxes have plummeted also giving many borrowers some wiggle room on their monthly payments.If interest rates spike up and stay up for an extended period of time, eventually payments may become difficult for many borrowers with the option ARM loan.

In general, I find it easier to use amendments to renew/extend commercial leases.

I do have a stable job which pays a reasonable amount which should help me through any bumps in the road I'm 30 now so I have some time until I need to realize profits from the properties.I'm presently focusing my interests to Washington state as it's the area I know and also I like to be able to view a property in a couple of hours notice and also I like to know the areas so I can find properties which should hold a reasonable value for the future.Nick, I do like your idea of placing the money I would be paying down the mortgage with into a separate account to build a reserve fund; as no one knows the future and if a property comes along that might be worth extending myself some more for the option would be there.

More ways to extend an oil field by pressurizing it.

If you do go this route you will want to get a stated payoff for the release of each property secured, as a percentage of the principal outstanding.

They said they don't sell mortgages but they would do a release of the mortgage.