I found out today that the governments HASP program is a possible alternative to at least refinancing a property even if you are above the mandated fannie mae 4 property limit.

There are ways of doing either or both.When I appraised notes and installment contracts for the government (to assess the note holder eligiblity for benefits and assessing the net worth of the applicants) such appraisals can not be made without collateral inforamtion.

Here is an interesting read from the government that just came out from the FCIC.Enjoy:http://c0182732.cdn1.cloudfiles.rackspacecloud.com/fcic_final_report_full.pdf

If you spend some time in AZ, you will notice that it is better-governed than both CA and NV.

The government is only postponing the inevitable at the expense of the people who are currently paying their financial obligations.I do understand that unemployment is at the highest point ever and people do have health issues but those are not the people who are creating this problem and crashed this market.The people I hear complain the most are the ones that used the 80/20 mortgages, no doc loans with no money down and interest only mortgages.

Well I gave it sufficient time for the reply, but took care of that with the quotes.I won't copy all the smart comments made but here you go:GEORGIA TRADE PRACTICE ACT, Chapter 3 Title 8 (adopted 1994) This Act governs those who provide home inspections for a fee and requires that certain aspects of the report are uniformily addressed.

John,You should be looking for assualt rifles, bloody bodies in the street, piles of cocaine on the sidewalk, and perhaps the occassional 35 ft fireball.

These guys never want to leave and one said that he would only leave "in a body bag."

Believe it or not, B of A actually took much of the loss on flooded properties arising out of that storm (and indemnified by the government) due to the disaster.

Since you don't have a security agreement to govern any foreclosure, you'll likely be ordered to go with a judicial foreclosure and there, you could be slapped with paying your tenant to get them out.Also, the SAFE Act specifically mentions Options and also includes language that leaves any method or scheme that effectively extends financing in a transaction or that attempts to circumvent the intent of the Act.