There are 3rd party loan administration companies that will also "professionalize" the loan transaction, and give the lender more peace of mind.Many advise, for the security of the lender, that you execute a couple of additional documents: (1) document permitting the lender to deed the property to themselves if you are more than xx days late on the payment (often 30 days), and (2) an assignment of rents, allowing the lender to intercede with the tenants and begin collecting the rent directly if you are more than xx days late on the payment (again, 30 days is common).

Unless the new refi plan the Obama admin is implementing stops the foreclosures.

I agree that the value doesn't appear to be there when silver was at $7 just 10 years ago, but it's also difficult to ignore the spending by the administration and the answer to the American and European debt appears to be print more or raise revenue, instead of cutting spending.

I may be wrong here, but perhaps Buffet & company write the donation off at it's "market" value of $100,000 and the administration throws in some other tax breaks to them as well?

., minimizing their administrative time spent.

The S&P was around 680 in March 2009, shortly after Obama took office and now around 1500, or 120% gain over 4 years.

(Heck, throw in marketing and management courses and you've got the functional parts of most business administration degrees.)It always drives me nuts when I see people spend thousands and thousands on expensive real estate 'courses' or 'mentors' when that money could have been spent a lot more productively learning some basic business principles at a local college.

You CAN be your own administrator.

There were also a handful of loans to trusts made by WaMu and a few other extinct banks during the mid-2000's period of loose/cheap money.Title holding trusts, of the sort commonly used by real estate investors in my area, offer first level privacy for investor types and convenience of administration, but no real asset protection.

It's always good to verify the rules with your company's plan administrator, as they can vary.If you have quite a bit in the 401K, as you become aware of the broader investment universe outside of mutual funds, kind of makes you want to change jobs just to get your hands on the money!