We'll see I guess but you can bet that I am keeping the email handy just in case!!!!

Ted, I would bet that there are no teeth in this because the admin (not treasury) wants people to utilize the new loan modification program, which would mean that the banks should drag their feet in order to have these people go from temporary status to a permanent loan modification.

In other words, dress like the indigenous population and leave the sports car at home!

Some people are willing to find vulnerable people and exploit them just so they can buy a faster sports car or a new Rolex, it is sad but true.

Your local REI Club is your best bet and these forums.

I bet you planned on hiring contractors and providing jobs with the $30 grand you need?

I too believe that the F-in gov-mint should keep their fat noses out of all the cokkie jars where they don't belong, but that certainly will not change, so, all we can do is adjust when adjustments are needed.If the article is, in fact, pointing to large institutional buyers who will take down the bulk assets, I am willing to bet that many of them will leak them to us smaller investors, and perhaps at better prices than what you currently find on the market.

I am completely shocked how Brian's situation mirrors mine identically.The job, that friggin cubicle, the not knowing how to start even when some guru's video package I paid 500 dollars for breaks it down "step by step", something obviously is missing.I posted my own posts begging for clarity and for guidance, but I realized (and I bet everyone that replied too) that the more replies I got the more questions sprouted.I wanted a list of steps:"go to godaddy, and by a domain name""walk to your car, open the door, get in and drive to xxx st and post a flyer there... and there.. and there"."

I think your best bet would be to go with the lender who has the current mortgage on the property.

An epoxy would be the best bet but would still look painted and likely worse than just leaving it.