I now know a lot and yet realize i know oh so little, but an excellent student i shall remain.

It's not...everything else aside...with the current wave of CFPB and related regulatory issues (many of which remain vague and open ended)...risk and liability have risen dramatically and will continue to do so in the foreseeable future.We do offer one of the premier software platforms for servicers as well as a variety of servicing options for investors/note buyers.

Household spending has been rising moderately but business fixed investment has remained soft.

I may be trying to sell a home that I am currently rehabbing, and make a small profit on it, but the fact also remains that I could also end up breaking even.

You can also opt to purchase a more expensive property and just pay 25% of the difference between your remaining entitlement and the price (as long as your remaining entitlement is greater than $155,000).

There is the county Tax Claim Bureau (TCB) that follows the rules established by the Real Estate Tax Sale Act 542 of 1947; and then there are sheriff sales held to attempt to collect taxes based on the rules established by link below:http://www.legis.state.pa.us/WU01/LI/LI/US/PDF/192...Now, the TCB holds "Upset Sales" (all liens of record remain in place) and "Judicial Sales" (court order removes liens when proper procedures are followed).  

I have someone who has a remaining mortgage of 110k and comps are 230 range. 15k in repairs.

The Cap Rate isn't horrible on these properties, but that's only because the higher real estate taxes are holding the values down (people afford houses based on payment, and if the tax portion of escrow goes up, principal and interest must go down in order for the payment to remain the same).

Or do I recognize all $50k as recapture and the remaining $10k stays with the deferred?

If it is your first property you can buy another home with the remaining balance and rent out the first property, which is what I'm trying to do.