If a republican does win, or Obama stays in office, it could take years for any proposed program to occur like what you are talking about.

So now you're looking to refinance (get a new loan with a new term).The bank wants their money back for their own reasons - it probably doesn't have anything to do with you - so you'll have to find another bank.Your current bank probably isn't too worried about foreclosure since I'm sure you have plenty of equity by now (i.e. they win if they foreclose and then sell it).

You would simply say "based on an appraisal performed at the time the option is exercised".

It was a true win/win.

Has to be a win/win.

Now that will make a significant improvement in your standard of living especially if you intend on keeping the property for a while.Now, I haven’t made a decision as to what type of REI I want to do simply because I have no experience.

So here is the list of the top 6 winning bidders and the amounts they invested (won):You can see that 5 of the bidder numbers on the left are sequential starting with 51208 through 51211.

You will find more deed restrictions with short sales than you will with REO properties.With that said, the reason most fail at this type of busines model is that they simply do not understand what a good deal is.

Happy wife,Happy life.I run it through my brain everyday..............I can argue with her all day and still lose and she is mad at me or let her win right away and she is VERY nice to me.I like option 2.

Jeff Sielicky,Simply put, if you are just a landlord and nothing else you won't have to worry about issuing 1099s.