My personal home that I had to rent due to being underwater in Orange, CA finally came back to purchase price (bought back in 2005) and so I'm looking to sell it and buy more out of state properties with the equity.The one thing that scares me about California is that tenants have so much control and eviction is a slow and expensive process - up to 1 year and thousands of lawyer costs.I just had an eviction last year in Indy and it look 1 month and $300 eviction lawyer fee.

Also China is slowing so capital is flowing to countries like Germany and Switzerland in the chase for safety and investors are willing to loan money for a negative rate because they expect the rise in purchasing power to make up for it in real terms even while losing in nominal terms.4.

But its up to the foreclosing lender to withdraw it. 

While suitable to accommodate a ctizen's occasional need for a document, it's slow and cumbersome in addition to the cost.Professionals develop relationships which include title companies.

I always wait until at least 30 days has past after the foreclosure has finished to close but with banks being so slow that is not a problem. 

Essentially, the withdrawal is added to your Adjusted Gross Income for all tax purposes.If I were you, I'd go ahead and pull the $10,000 maximum out to put down on your first house.  

Depends a lot on the area, but I'd guess % wise it'll slow down as you get that high on a condo.

I got a question3 months ago i got in to the contract with the Florida apartment builder and was gonna buy one of his brand new apartments.Everything was going so slow, i believe 3 months or so?

Maybe this is just too simplistic but couldn't you open a joint account for the mortgage withdrawal?

Sounds like a slow and boring strategy, but I'm just outside of 10 years away.