But until that day, its a bad debt you're unlikely to collect.

Did they state in the invoice what gives them the power to collect that money?

We want to find out how far back they forclosed so we can sue for what was collected.

I should preface this next part by saying that I am not a futures trader, but I tried to collect this data as accurately as I could:Commodity Time period Change in costCopper 2001-2007 UP 388%Steel 2001-2007 UP 238%Asphalt Cement 2001-2007 UP 143%Cement 2001-2007 UP 92%Gasoline 2001-2007 UP 96%US electricity prices 2001-2007 UP 118%US Median HouseholdIncome 2001-2007 UP 70%US Median Price of aSingle family home 2001-2007 UP 37%Lumber and plywood were fairly flat during this time frame.

No messing with foreclosure, trying to collect etc.

No income, no job, 38 accounts in collection, multiple evictions, drug convictions, pit-bulls, 6 roomates none with jobs..... nobody you can rent to in that lot.This winter, the callers are practically non-existant and the majority of them are telling me they only want a place for about 6 months because they are planning on buying.

Seven Unit Limitation HUD regulations and policies state that an investor should not be allowed to rapidly accumulate FHA insured properties that clearly and collectively constitute a multifamily project.

I apply the same practice in BP.

If any loan is made in violation of that written policy it is basically a stike against them in following prudent lending practices even if it was a great loan, it's still in vilation of the way the bank said they would conduct business.

Now, all that said, if everyone would take his approach we would collectively depress the market.