I read the 4 hour work week.. its pretty much what everyone is saying.. the author gives some great tips on how to streamline your operations to stop wasting time, and give a lot of info on how to get 'effective' outsourcing partners.

You still enjoy all the rights of property ownership, just as you would here in the US, and the bank cannot do anything to the property without your written authorization.

If it was duly signed by the executor, or administrator with proper authority, and has no contingencies regarding all children's approval, what is the issue?

In Michigan a pool is not really an asset, when it comes time to sell, they are often a liability.

It might just rattle them enough that they will honor the offer.The person who said yes might not have had the authority.

The ones that still do are usually limited to 5% on a full income/asset disclosure deal.Hell, most lenders have lost their warehouse lines of credit and are not even doing subordinate financing anymore...I can give you a few lenders who still provide carries if you PM me.edit: some of my lenders may be west coast only though.

In many ways BoA is no larger or any more significant than a number of other banks (HSBC, Goldman, etc).REOs have no loan guarantees as the asset on the bank's books is property and not a loan.

Now thanks for becoming a member and let me just say that you will be a big asset to the community.

For asset protection purposes, I am looking into putting them into a company name.

Do you have other assets?