They do have the authority and they will use it, with the blessing of the hoa attorney and state and local laws--and the hoa insurance company.If you get a lawyer, DO NOT get one associated with Community Associations Institute--(CAI) or any of its offshoots.

I ask because our lender is just a man, not an institution..

Worst case: Your plumber messes up or something goes bad, the realtor/bank discovers you were doing some unauthorized work and come after you.

Doing short-sale and sell back to you is ilegal and is a bank fraud which you caused the financial institution a "material loss" in a scheme which you still own the property.

If you decide to get an attorney, do NOT get one associated with Community Associations Institute (CAI) or any of it's offshoots.

In 2010, a goal is to move closer towards self-direction.Solidify the Business Plan and meet the needed members of a team.Reach out and begin conversations with Asset Managers.Understand lending institutions which are moving the most business in my area.

I have some investors that are looking at getting into purchasing FDIC distressed commercial real estate loans from failed institutions.

I noticed that a good portion of closing costs come from the lender (a credit union or other institution).

I have done this at one time or another with most of the institutions in town, some would not consider this, or they didn't have any NP loans that fit this situation.So, it's with the consent of the borrower and the borrower calls you, I don't call them.

Punishment is one year from discovery, so when the law decides to open the books and "discover" who did what , where and when, they will be held accountable.