At first this sounded like a stretch but if you think about it, their options are either 1) turn down my offer and incur further holding, selling, or repair costs to try and fetch a higher price, possibly risking foreclosure in the process, 2) let me negotiate a short sale, which even if successful, will nail their credit, or 3) put up their own money to satisfy the difference between my offer and the loan balance and avoid all of the above problems.

I'll have to set a meeting with my attorney and nail this down.

Their option is to take down your $3-5M umbrella quickly and easily while collecting their seven figure fee or fighting tooth and nail for years chasing your personal assets... they would rather have a million in fees right now than $1.m in 3/4/5 years and hundreds of manhours from now.

You just nailed it in your last post.

If it's in the rougher parts of that town, you're going to have that less polished sort of tenant.

Frank is buying his water heaters wrong (or nailing you on the price), but a leaking water heater is a dead water heater - id be glad it's gone.

As always great comments... and Rich nailed it.

I don't like agents who look like they've gone too far on the design and forgotten their core business... but yours could, perhaps, do with some polish.

Hi Karen, A lot of good points have already been brought up and Joshua Dorkin and James Vermillion nailed it.

She is not against these Acts, they are right down her way of thinking and she will be supporting them 100% I'm sure.The only case that I have heard of was one in RE where they used the Postal Inspector General to nail a mortgage investor/broker scamming investors and nailed him for mail fraud.