If they had some kind of financial or medical hardship then it would be easier.. etc?

Also, and again sorry, I'm not much of a shopper--the existing shelf was covered with an oak kind of contact paper.

How do they expect to sell their homes in this kind of market?

just stop making payments; it will take them 3-5 months to initiate foreclosure ( it starts with " notice of default"); but in the meanwhile congress will passs the BAILOUT; then uncle sam will buy your " toxic" note for something like 30 cents on a dollar; after that - most likely - uncle sam will " modify" your loan ( how'bout zero interest plus knocking off 65% of principal - would'n you make that kind of payment ?)

Hi:Although this is the best time to buy foreclosure properties, which I kind find easily,I can not find a bank that I get money from.

3) What kind of system you are trying to create?

They are also demanding there be absolutely no contingencies or escape clauses of any kind.

Check with an attorney on your local laws though.As for 'equity', it's kind of hard to say if you can even get a loan against it unless it comes from a local bank who understands your market conditions and thinks that there is good reason to 'lend' you money.

I am a "glass is half full kind" of guy and always look for the silver lining.

This weekend it'll only get worse before it gets better.It's kind of odd how we could have our biggest stock market implosion, yes bigger then this past Monday, in October.