I can't see why the government would do anything about losses incurred by investors, any more than they make up for stock investors' losses.

After the loss of their Philippine citizenship, they cannot subsequently acquire another land by hereditary succession; they may own houses but the land can only be leased by them.5.Filipinos who contracted to buy real estate on installment basis and subsequently lost their Philippine citizenship before the properties were fully paid can no longer have the title be issued in their names.In short, by law, foreigners can only own condominium units through a Condominium Certificate of Title (CCT).

The type of updates I'm thinking of could be applied rather inexpensively when compared to the loss of rent because of how long a dated property could sit vacant.

So lets say this is correct. if her paid $130,000 with 10% down(13,000)= $117,000 including 0.06755(6.755% interest) = $124,900 and he has a PITI monthly of $1,140 that has been paid for about 8 years you can make a fair assumption that he has principle of close to $15,460(probably more because ITI do not county towards principle).He has over $120K in equity here so a rehab might be to your convinience at a 70% LTV minus and principle prepares he would walk away with about $76,540 thats not to bad but he might take it as a lost since he paid $122,440 over the years thats a $45,900 loss in equity.

Jenny, Sorry for your loss.

A "loss payee" will have its interests protected in the event the property itself is damaged.

Someone died, loss of income, the list goes on.This may be different in your state but find out the time frame and adjust accordingly.After this my list was still pretty big.

I'm hoping the refundable acts as a bit of a carrot, instead of the tenant chalking it up as a loss from day 1.

Using Matt's numbers above, that would leave him with a loss on the investment

Federal jurisdiction is so broad and casts a large shade for these major banks to rest under, as opposed to state legislation which is a lot more specific and strict.