THEN I realized there was much more to it than a seller signing a listing agreememt, and an agent submitting it to the multiple listing agency.

They will require him to sign a promissory note and maybe require it to be secured by ALL of those other properties for the difference between the short sale amount and the balance.Well, at least that is what they would likely do in saner days.

Many will then return to get a changed contract signed without all the strike throughs and add ons.We take a little different approach.Our buyer pre-prints the paperwork before going to the seller's house.

Okay here's the situation, I hired a property management company to find tenants and sign a one year lease with the management company.. the lease was up in July and from there they go on month to month (correct me if im wrong)... so I emailed the property management company on September 30 to say that I want to cancel my service they're providing and become the landlord for the tenants.. but I get an email back saying that the tenants are going to move out on Oct. 4?!?!

It will only become law AFTER the President signs it or if he vetos it, after both the House and Senate override that veto.

I think we saw how the public will handle it after the vote and it was signed.

Sign a Quit Claim Deed giving your title to the property to the seller (the current owner who is leary of you not making payments).

So, there will be yet another group of big players that will feed at the trough.I understand the concern about the "mark to market" accounting.

Unfortunately, you've lost your leverage to fix it when you signed the closing documents.

A worldwide sell-off is not a good sign.