can the government come and take my house?

you need to follow SEC regulations

This is basically the governments way of making sure that since your plan doesn't pay taxes, that the playing field is level with other businesses so you aren't able to undercut the market.

Gotta love government programs!

Account Closed is right on.In your case, you might have a slim chance because the whole CFD process is on the fringe and poorly regulated.

You can find a HUD certified Realtor at HudHomeStore.com which is the government's official web site for HUD homes.

I just got a closing costs quote from TD bank: ~5200 Origination 840 Appraisal 525 Credit Report 9 Customer Authentication Report .85 (85 cents) Flood Determination 5 Tax Service Fee 58 Title Services and Lender Title Insurance 1470 Owner Title Insurance 650 Government Recording Charges 715 Transfer Taxes 600 Initial Escrow 240 Daily Int Charges 90 Homeowner's Ins 75 I'm not sure how much less these numbers differ in Michigan.

However if your interested in an otherwise prohibited general solicitation you can elect to use a private placement under regulation D 506 C or the more lengthy process of Regulation A.

Am I required by law/regulations to have a working porch light?

Of course the government will want to collect its money eventually - hence the tax liability.