That is how you protect yourself if there is damage or arguments.When you hand out applications, it should say on there somewhere that you reserve the right to accept multiple applications and once and reserve the right to accept the best qualified tenant.

What is the worst thing....the lender takes the property, they ding your credit, your credit goes south, your insurance premiums go up, all other credit costs you more, you won'y qualify for another mortgage for a few years, and who knows what other collateral damage there could be in your life......best thing is to pay it or sell and get out and avoid the issues. :)

Most give up after they realize how much work it takes to get paid, but the damage is done.

The make-up of your debt will effect your credit score, but deferred or paid-on-time student loans don't have too much of an effect on your score - especially not a measly 7,000.

It would be more cost effective to move another out there and have that one hauled off.

House was totally flooded and the insurance damage estimate was just south of 40k.

Legal Effect.

SO has also been a hardwood floor installer for over 30 yrs so he's very familiar with all the moisture signs, damage, etc.

In my most recent remodel I used:- off-white for bathroom- different off-white for ceiling- white trim- soft yellow/tan for master bedroom- gray for bedroom- lighter gray for darker middle bedroom- gray/green for living room, kitchen and hallwayThe net effect is that the house "pops."

The offer was made as been financed and a preapproval letter was sent with the offer, according to the employee I spoke to at hud this was a new regulation they just put into effect, that was why they gave me back my emd, once they know it is a hard money lender they will be requiring the xyz hard money lender to provide a bank statement showing that there is enough fund to close the said deal or a letter on the banks letter head stating that xyz hard money lender has enough fund to close the said deal, so before any body makes an offer on a hud property be sure to be able to provide these docs.