Failure This Year Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression.Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was shuttered by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corp.

This is major for 1031 exchanges because you must hold them for 5 years anyhow.

Hi Christian,I work with a very large REO broker that handles properties in the Atlanta area for numerous major lenders and I can tell you that not all listings are on the MLS.

Pay your bills on time, don't apply for department store cards, don't apply for too many credit cards (3 is enough), try to keep your utilization under 50% and don't close accounts even if you do not use them.

Notes: * Major Move Times for families are around school changes: early June and late August

The seller lost everything because of this, so it is really a major part.

That downpayment has an opportunity cost.In addition, buying a house that is already rehabbed will NOT have a major effect on the maintenance expense.

. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ http://www.iht.com/articles/2008/09/07/business/fannie.php The U.S. government's planned takeover of Fannie Mae and Freddie Mac came together hurriedly after advisers poring over the companies' books for the Treasury Department concluded that Freddie's accounting methods had overstated its capital cushion, according to regulatory officials briefed on the matter.

By spring I should have the first phase done to where I have many less major rehab days and many more screw around days.

Then take into consideration that the lender's rate sheet may changed a few times per day depending on what the markets are doing.I would like to point out to investors that conforming loans have had some major adjustments to the rates.