note : Thanks to BP I am fully aware how challenging investing is - I have been reading up voraciously - but now it's time to pull the trigger.

Same issue here, but very infrequently, kind of hit and miss, only happened twice on my ad.Can't find a specific reason that triggers it.

Yes you have to disclose it any defects paint mold or chinese dry wall has to be disclose in Florida under the law that they passed around 4 years ago I live in Florida and went through it a couple of years

To a homeless person it could be a plan for the next meal or a dry, safe place to sleep.

I have been reading these forums for 2 years and finally pulled the trigger.

Now the younger generation is feeding 12% of their income (and businesses feeding even more than that) into this ridiculous ponzi scheme that is sure to dry up before our generation gets close to getting our money back.We already know about the excesses of Defense spending, but most people don't consider that the entitlement programs for older people are almost as expensive, and between the two, eat up a ridiculous portion of this country's total budget...

With that said, I have a few questions...To be sure that I do not trigger a due on sale or transfer clause, should I have my current mortgage company for written consent to do so?

Just put offers on ten short sale properties and the first one who agrees to your terms is the one you pull the trigger on.

The bank would issue a 1099 for the forgiven debt which would trigger the tax obligation.

I didn't exactly do fantastic, but I never ended up in bankruptcy.I think most people get stuck in the analysis portion, and can never pull the trigger.