Eddie -- the local Historic Commission could have STOPPED my roofing work and FINED ME $100/day or more UNTIL I had the proper Certificate of Appropriateness if they had discovered the ongoing work.

All that matters now is that the bureaucrats that run the banks (now quasi governmental institutions) fill out all paperwork correctly and have no spelling mistakes.

And unless you are financial institution you will not be allowed to carry a second lien for your buyers. especially if you are the seller.

Vendor finance (seller carryback) is done to a limited extent for commercial properties owned by institutions, but almost never for residential property.

Bailing out failed institutions and companies WTF if a company or an institution is insolvent it should be allowed to fail.

That to secure these rights, Governments are instituted among Men, ...

BTW, this happens at the same time that Chicago has instituted more street corner surveillance and red light cameras than any other major city.

California just instituted another 90 day moratorium on foreclosures and Hawaii is a another very liberal state that could be expected to follow suit or worse.

They will do a title search and discover the seller is not the owner and nix the loan.

However, I also discovered that the homeowner passed away in October of '08.