Extra income, extra profits, WOW the new CEO must be great.Common with many businesses and clearly nothing at all unique to banking.Emotionally the new guy as few or no emotional attachments to prior decisions so they can take the hit without feeling like they messed up.

"Clearly, Citi has a problem with capital adequacy after the subprime crisis,'' said Giyas Gokkent, head of research at National Bank of Abu Dhabi PJSC, Abu Dhabi's biggest bank by market value.

Considering that about 2/3 of the recipients spent their entire check within 2 weeks the last time they handed these out, it can be a good thing to give a quick boost to the economybut to be clear, short term solutions do not solve long term problems.

However, with radically changing market conditions here, a new plan was clearly needed.

Pay off the low interest rental house mortgage and keep his $15,000 go to a commercial lender and cross collateralize the down payment with the clear rental.

You'll get better responses if its clear you're already done some research, and are asking very specific questions.Jon

And I will be clear with any realtor I speak with that this is most important to me, above comfort or convenience, etc.thanks

Thanks in advance for clearing this up for me.

Expect to pay handsome fees for these simple filings in which a sole-proprietor can do himself.You are speaking about "piercing the corporate viel" and this will happen in situations when you have a company that is clearly only a shell and not an operating entity on its own right.

The bank didn't budge for 1 long year before clearing the sale.In good days, this property was sold for $240K.