What they ALL fail to mention or specify is that not ALL short sale transactions are fraudulent, not all investors are crooks and of those that are, they are a small minority in which the guilty party failed to properly disclose and had full intent at the start.If you as an investor negotiate to buy a property for under market value and disclose to the short sale lender your intent to immediately re-sell for a profit, then no fraud occured and no laws were broken.

Boat insurance is available, and you failed to obtain the right btype of insurance for the occurence, and no claim will be paid on the damaged boat.While some companies might have defended a landlord in a liability issue under a renter's policy, as a co-insured, it certainly is not something that can be said in every state or in any circumstance, especially since specific policies are available to be written for such issues.

Joe, BTW, I failed to mention that I discovered that issue last night on the electric bill.

I would think that if the offer was written as cash and now they're trying to obtain financing that you should be able to cancel because they failed to perform.

If it does change and they fail to modify your policy to reflect the proper amount, it's on them!

How does it help the economy for the Government to bail out failing US Companies?

, especially if things were done improperly, someone has to absorb the losses of those missing mortgage payments...new gov't bailouts for too big to fail JP Morgan or BofA on the horizon?

Make sure if the buyer fails to perform that the earnest money shall be considered in lieu of the execution of this contract and shall be released as liquidated damages and for full settlement of any and all claims or damages.3.

If you paid cash and failed to get title insurance, it may come to haunt you.

The bank had foreclosed on a second mortgage and failed to notify the first.