Basically they are stopping everything and looking for someone to buy them.

A LLC is basically a partnership with corporate liabilty protection.

I understand what a note is, basically a loan (i think).

With the help of legal team, the debt can be brought down to a reasonable and manageable level that homeowner can afford.For example in Riverside county CA market where houses went down in some places 50% that is a massive toolfor homeowner in default.Do you have any knowledge of that ?

void any relevant exposure to the counter party risk that is reeking havoc to basically every major investment bank at the moment.

I know the basics, and then a little more.

But he also ran a hedge fund that U.S. prosecutors said racked up $50 billion of fraudulent losses.Madoff told senior employees of his firm on Wednesday that "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," with estimated investor losses of about $50 billion, according to the U.S.

My smallest house is basically the size of a 2 car garage.

Basically, from what I've learned is that "time" is our most precious commodity.

IMO if you are educated on the basics of construction/home improvements then save the $ for real work that needs done.