That right there is enough for a defense attorney to jump on the settlement bandwagon.

I've had banks tell me that I could use my own closing attorney, but that I'd be on the hook to pay the title search and insurance fees (something they normally pay), as they'd be doing that work with their firm anyway...

There are tremendous disclosure problems that any a__hole attorney can make an argument out of, if he thinks you have deep pockets..

Check with your attorney (you are using an attorney, aren't you?)

If you want professional advice, you should always seek competent legal counsel from a broker or an attorney): 1- Do a cash-out REFI of the property BEFORE moving to give me some liquid cash. 2- Lease Option the property, but have the entire process run by my investor's club (they handle property managment, maintenance, tenant contracts and a TON of other stuff so I don't have to myself). 3- Use a portion of the liquid cash to purchase another property.

Every time a politician opens their mouth, they should be required to say, "I am a non-attorney spokesman".

You need to find an attorney who is familar with fighting the EPA.

I would talk to the Real Estate Attorney in the county you live.

Here is a clause I have in my assignment contract:Assignee agrees to stand in the place of Assignor, and agrees to indemnify and hold harmless Assignor from and against any claim or action which may hereafter be brought or asserted by Seller against Assignor arising under or by virtue of the AgreementThat should be sufficient protection against any litigation that comes across your way.Although I would have an attorney look over any clauses in your assignment contract to make sure they are in line and legal and maybe ask to see if there is a clause you can add to further protect yourself.

. - Yes, this is all in writing and attorney reviewed.