Chad Mellentine - This is a common occurance.

There's always less risk, in the event of a law suit or injury which could occur on the property.

I guess this occurred as a result of a foreclosure on an apartment complex and they sold them off as individual units?

Just something I hadn't thought of until talking with him last night, as it didn't occur to me, but they say retail investors tend to sell at the bottom of the stock market, too.

Personal feelings aside however, it is both common occurance and bad business practice.First, if the borrower is shopping after signng the loan commitment for the purpose of "keeping you honest" or negotiating your rate down further, then at the very least he is wasting someone's time: yours if he jumps ship, or another brokers if he stays with you after he's already committed.Second, although it may be "just business" to try to get a better rate after a signed commitment, it speaks to a lack of integrity.

@ Brandy.....no I ran across this site by accident.

My question is, will credit reporting software programs like FICO have to be rehauled to make adjustments for marks on the credit that have occurred as result of the financial crisis?

Sometimes for a response to a bank's counter-offer, I will not change my offer price, but I will up the EMD.I will make my offer price some oddball number, not just say 79000 but 79K plus some change - gives a slight edge over those who offer in round figures.For time to close, I say something like 20 days - but worded something like this:Originally posted by offer clause:The closing shall occur on or before ______________, and be extended as necessary to complete all paperwork required.That's because the banks have to get the paperwork signed by somebody, and that always seems to be taking longer than you would imagine it should.As for your investing experience resume, the asset manager will probably not see that since they now get the offers from some website for the most part.

If you're lucky, the two separate layers will stick together for a while, but there's always the possibility of the two separating and peeling apart, especially if water works its way in between.Light sanding prior to a second repair coat, as Ryan says, helps rough up the older cured coat and gives it some "tooth" for the new coat to grab onto, but the two coats will never fuse together as one, such as occurs with lacquer or shellac.

The usual: divorce (especially in a community property state), health problem for you or a family member, uninsured/underinsured catastrophic loss for you or a family member (such as a personal injury car accident), a self-employed tax problem/debt, etc.The less usual: a local water district concluding that the water in the entire area causes leukemia or other cancers and therefore no houses are habitable (which is very possible in some areas of Texas), a prolonged drought that causes the local portable water supply to dry up, a major employer or employers moving out of the area/closing, one tenant (or other person) getting hurt on the property (and getting a multi-million dollar judgment against you), one local tax agency assessing a property tax on your property (I had one try to assess a $100K tax to fund an adjacent highway improvement....), etc.