The biggest problem for us as investors (Aside from declining property prices) is that financial institutions don't differentiate between consumer mortgage and investors mortgage.

That is, values I cannot determine with any confidence.These complex models do have two uses.One is that if you're recruiting investors or speaking with bankers or other financial institutions, these are expected.

The listing states that in order to make an offer you have to have proof of funds, or letter from financing institution guaranteeing funds plus earnest cash.

., travelers can refuse the body scanner and opt for the pat down, however, this option is not offered by the TSA, rather the traveler must declare that they wish to “opt outâ€.A recent New York Times report describes the humiliating turn of events should airline passengers exercise this right, with individuals being singled out and prodded, probed and poked by TSA agents in front of everyone else queuing in the security lines.New pat down procedures have recently been instituted by the TSA, allowing agents to use their fingers and the palms of their hands to feel around breasts and genitalia.

See what the most successful people around you are doing and do the same.I've lost most faith in the stock market, having concluded it's an "insider's" game won only by the large institutions with the right connections.

At that point, those who bail us out will decide our tax and spending structure much the same as many are dictating it currently to Greece and, to a lesser degree, pressuring Spain, Portugal, and Italy.In spite of the fact that most everyone perceives a looming problem, neither our president, congress, nor the American people have the will to institute the necessary changes.

I'm not familiar with Cali but if the s/l was 4 years for contracts and unsecued notes I'd put my money betting on 4 years.I'd weigh the option of proceeding regardless of the s/l as the borrower would need to bring that as a defense, I'd bet they don't if no payment was ever made.Another issue, if a payment was never made it sounds like mortgage fraud that is another category getting to criminal charges, the s/l will be longer, 7, 10, 12 years, not sure, it depends too if the original was an insured lending institution or a private individual.It also depends if the note was generated from an installment sale or was made as a cash loan, purchase or refi.It will also depend on whois in the property and if the property has been sold over the past 16 years, we just had an example of a subject 2 deal going sour with subsequent sales and that can limit your security if the note holder fails to act in a timely manner.Frankly, I wouldn't fool with this one, 16 years old, foreclosure notice gievn and never followed through, that's pretty much allowing the note to go stale and abandoning the claim of the amounts owed.If the maker of the note is still in the property and you can contact them by phone or in person, you might be able to negoiate something holding the fraud claim over thier head, forgive some of it and modify it back to life, but they need to agree and you can certainly bluff your way along to a point.

3.If so, is it institutional or private?

DP- sorry down payment - 20-25% but credit score varies with different institutions- 680 from some lenders and some I heard 700.

The Chicagoland market has been flooded with institutional buyers over the past 12 months.