Sellers must be unqualified for a loan modification under the Home Affordable Mortgage Program or be unable to afford the modification.The program has seriously failed in its goals set forth by the Obama administration.

If you're lease says they pay you, and you haven't been billing them regularly, a court could rule that you failed, not them, and through your lack of action to enforce that clause, that clause is now void.I am nervous because I know they are going to argue every item and probably try to take me to small claims court because they are those type of people.These being your first tenants, you haven't met enough of those type of people.

Also an estimate that if commercial decreases 35% then 40+ more banks to fail.

This is a failed project.

Where I am I have to do a lot of bandit signs every week, and the phone doesn't ring off the hook, in fact some weeks are silent, but without fail over the course of a year they are more than worth the effort and cost.

I have come across unprofessional real estate agents who don’t return their emails/calls then to failed deals because I couldn’t perform.

I may make an exception if a tenant is extremely helpful in re-renting the property and leaves the property in exceptionally nice condition, etc.I pulled this directly from the SC Landlord/Tenant Laws (http://www.scstatehouse.gov/code/titl27.htm):(18) “security deposit†means a monetary deposit from the tenant to the landlord which is held in trust by the landlord to secure the full and faithful performance of the terms and conditions of the lease agreement as provided in Section 27-40-410.I interpret this to mean that, if a tenant fails to perform the lease (i.e., does not stay for the full term of the lease), I can keep the security deposit.

You do not want to be putting properties under contract and then fail to perform.

In the end, your title company failed you becuase they should have notified you of the transaction.

This is EXACTLY why the vast majority of newbie landlords fail.