It is spponsered by Community Associations Institute, (CAI).

For example, with the volatile stock market many people are now discovering that they can use their 401ks/IRAs for land investment purposes.

You may discover that the Trust Deed does not require the lender/servicer to post any sign on your property; it's probably not all that convenient for them to be doing so, and they will write things up so that it is not required of them.Hope that helps.

Kanas has been appointed a SeniorAdviser to help WL Ross identify, restructure and manage investments indistressed financial services institutions.

One more note: If the lender you are speaking with controls the underwriting standards for his loans (i.e, the loan is through him or his institution), than he can certainly make the rules he stated to you.

I DO have every intention of buying the house -- but what if we discover a major problem with the house just before closing or what if the bank makes demands of us after they accept our offer (can they do that?)

Highlights of the new regulations include:--A Form 668, Notice of Federal Tax Lien, may be filed either in paper form or electronically;--With regard to a Notice of Federal Tax Lien that includes a certificate of release, failure to timely refile the Notice in any jurisdiction where it was originally filed would extinguish the lien;--A purchaser of property in a casual sale is protected against a filed tax lien if the sale price is less than $1,000 (adjusted for inflation - $1,320 in 2008);--A holder of a mechanic lien is protected against a filed tax lien with respect to residential property in an amount up to $5,000 (adjusted for inflation - $6,600 in 2008);--Household goods are exempt from levy to the extent they don't exceed $6,250 in value (indexed for inflation - $7,900 in 2008);--The regulations indicate that there is generally a 10-year period (reflecting the period in Code Sec. 6502 ) for instituting a proceeding in court or serving a levy to collect a properly assessed tax.Preamble to Proposed Regulations 4/16/08; Prop Reg § 301.6323(b)-1 , Prop Reg § 301.6323(c)-2 , Prop Reg § 301.6323(f)-1 , Prop Reg § 301.6323(g)-1 Labels: Levies, Liens

In the course of my due diligence I discovered that the house never had a final inspection, nor was there ever a Certificate of Occupancy issued.

Chris -- thanks, I discovered later that you're correct, the underwriter recanted and indicates that the related party issue is indeed a problem.

What if you didn't and they end buyer had a child who got raped and murdered just one week after moving in.After some phone calls and research from their attorney, they discover that you provided the info to the selling bank and not to them.