Agreed, and all that I have been associated with the value was alway higher the the mortgage owing, but did have one with other liens, taxes and judgments, which were cramed as to the lien but remained due from the owner, an unusaul situation.Cram downs were rather common in bankruptcy years ago, where a lender may have to accept less, but ED is not a bankruptcy.

This is more commonly observed in higher crime areas.

Turn off utilities. 2.

There are these things called utilities - you know, things like electric, water, gas, phone, cable, etc. - that are turned on when somebody lives in a house.

Their coverage will be for common areas on the project, not your unit.IMO, between these three types of coverage, for one property you could be sufficiently covered.

I've got a friend who said that an indian casino is going to be built next door to his small neigborhood (50-60 homes in neighborhood) -- the casino property will be directly adjacent to the neighborhood (as-in sharing a common boundary line).

It seems that extended closings, are common in Florida.I don't remember the exact wording that the specialist used, concerning the contract.If you want, I can provide you with that persons name and phone number.Raymond

Big movements all over the place with people jumping into the "hot sector" with our want it now society.Before the dot com boom of the late 90's / early 2000's a 150-200 point swing in the dow wasn't a common occurrence.

One year is common but I had a loan that was subsidized and therefore lasted the full term of the loan.Good luck!

You could also look for any assignment of the Trustee and contact the Trustee, likely if it went to foreclosure they will have the info, they may or may not give you an address to contact the lender.If utilities are turned on I have gotten the name, same from the assessors office as to where the tax bill is sent.Often as people move out and the property is not cleaned up, you may find names and addresses of all kinds of trash and follow up through those leads.