I do not believe this will have a great impact on foreclosures as I would be inclined to believe that many longterm unemployed would already be behind on payments or into the foreclosure process but it will probably have some effect.

I think your advice can apply to any "sales" type of transactions/business dealings.

Not having a contract is a violation and acting with no license is criminal.The act in commercial transactions falls more to ethics but certain states still have requirements of contract to collect fees, it is just that the contract prevails.

But, since 100% of the guru type trusts out there have the authorization for the trustee to do what a trustee must do in the trust creation document, they can be required by anyone who is in any kind of transaction with the trustee.

He might as well move from the area or work for someone else.I'd try to work it out so that he doesn't lose but he got himself in the deal and you based your transactions on what he proposed, so he needs to take responsibility too.

The Postal Service says that the price jump will only be in effect until it can make up the $2.8 billion in losses that it accrued during a large decrease in mail volume it says were caused by the recession.

State RE Commissions examine files closed in Brokerages, they also go to closing companies, I believe holding periods are seven years on site, files are thinned out and contracts and HUD-1, title and other docs are sent to repositories by companies, they use to micro-fiche docs, I'm sure someone scans them now, the history of transactions is not hard to discover.

I'm not saying it's the wrong choice (f you want to buy a duplex you'll certainly need money for downpayment and reserves) but that debt will have an effect on your debt-to-income ratio that will be used to figure out how much of a mortgage loan you can get.

Keep these transactions separate and the book keeping separate as well.

Accounting 101 and 102 is generally required or helpful, but only to the extent of understanding the effects on assets, liabilities and reading financial statements in a management decision, but again you can catch on.How will it help in RE?