They can stroke people all they want, but people are still going to lose their jobs & homes.

In this environment where we're looking for scapegoats, an evil investor who took advantage of an naive homeowner is a prime candidate to lose a lawsuit.Mike

True, and it wouldn't be the first time I've seen an investor lose thousands to save 10 bucks.

- I'm 8 months pregnant and don't want keep losing sleep at night - not sure how much I should be worried

The vast majority of newbies fail, so the idea that people continue to buy and lose money is no surprise.

If I don't get this done soon, I will lose my house because this borrower isn't paying.

Then what will happen is that in 2010, we will see Democrats start to lose power in Congress.If we raise taxes on Business, all a business will do is: fold, file bankruptcy, raise prices, or layoff more workers.

On the other end, the contractors would love to be paid 100% up front.At either end, someone is taking all the risk with no reward up front and these are inherently win/lose scenarios.So, contractors want to get something up front for their labor and materials.

Does anyone have an recommendations on an insurance company I can use for my venture?

Well, you would have already collected a deposit from him (we get 2 grand) so a) you are already up a grand and he loses his deposit b) delay the closing (if your buyer is laying in the street somewhere half dead that won't be a problem)c) Sell it to someone else because you would have normally had a back-up buyer ready)d) Walk away from it and you still made $1K profit