IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures.The bank is the largest regulated thrift to fail and the second largest financial institution to close in U.S. history, regulators said.Yahoo FinanceIn the biggest bank failure of the housing downturn to date, federal banking regulators today closed IndyMac Bank FSB, naming the Federal Deposit Insurance Corp. as conservator.The FDIC said it will transfer insured deposits and "substantially all the assets" of IndyMac Bank, to a newly created successor, IndyMac Federal Bank, which will be operated by the FDIC.Insured depositors and borrowers will automatically become customers of IndyMac Federal, FSB and will continue to have uninterrupted customer service and access to their funds by ATM, debit cards and writing checks.

It has many features but the two best are that you can transfer money instantaneously between accounts globally, and you have a dedicated banking support guy contactable via email and phone (no more call center battles).

The key qualifier for a HAFA short-sale is that the property must be owner-occupied or vacant due to a recent job transfer (less than 12 months).

Gotta take the investor hat off for a few minutes.In August of 2011, my wife was transfered to Atlanta from Orlando, and we were forced to sell our primary residence (  We would never have been able to rent it out.  

Not sure how it transfers.

We got started by buying a personal property and renting it out when my husband was transferred (active duty military).

Instead, you buy it in your name and transfer it into the LLC.

Now we need to do inspections, get rehabilitation quotes, sign documents, transfer funds.

My cozy account for transferred to apartments.com

I called an attorney yesterday to get some information about closing cost and in the process I asked about the transfer tax if I buy the property in my name and then move it to the LLC.