Spent around $7K on it and thought it was a complete waste.

You will be wasting money if you call an attorney.Very unlikely you will get a lender to put something back on your credit file once it they have deleted it.

One of the bedrooms needed new carpet but he "didn't want to waste his money buying brand new carpet for someone else" so he literally ripped used, old dirty carpeting out of his OWN house and brought over to the flip and installed (of course it was a disaster).My favorite thing about this show is that it provides solid evidence that Darwin's Theory is hard at work in weeding out the sub-par flippers.

The idea being that you should not be wasting their money if you have already accepted someone earlier.

Naw I haven't sought for any legal action, it would be a waste of time and money while I can be doing more profitable activities plus I just chalked it up as a learning experience, I heard she did a lot of people like that, getting loans back 2 back before it shows on their credit so they can get more.But right now I'm working on selling all those rental properties I've acquired so I can free up some cash flow.

I passed on the Fannie Mae thinking I would waste my time because the max I would want to pay is nowhere near their listing price.

My reservations are tied into working with an agent and the fear of wasting their time or overpaying.

If the borrower took out the 2nd knowing that it was not a 2nd that is different than someone forgot to record.There could be liability for the title insurance company if the 1st was not recorded and yet a policy was issued indicating it was in 1st.This one could be fun or a waste of time.John Corey

How solid is that valuation?

Looked at some started homes in my area and came accross a solid house (half a duplex) for 29,500.