Is this something I should have anticipated given the circumstances?

So it's doing better than I anticipated.

The interface is well thought out and it's as sexy as was anticipated.

The 2008 holiday was a disaster for retail ers, as a financial crisis swept across the globe in September and consumers cut spending on nearly everything but bare necessities.Now on to our real estate educational section...Mortgage Modification Bill May Impact ForeclosuresThe newly proposed “Preserving Homes and Communities Act of 2009†introduced by Senators Jack Reed (D-Rhode Island), Dick Durbin (D-Il), Sheldon Whitehouse (D-RI) and Jeff Merkley (D-OR) limits foreclosures and requires lenders and services to offer mortgage modifications if the net present value of the modification is anticipated to be greater than the foreclosure value.Additional provisions of the newly proposed bill include:• Limits on foreclosure fees• Creation of a nationwide database to track foreclosures• Strict penalties for non-compliant firms• State sponsored mediation programs• Grant money for borrowers struggling to make payments regardless of current mortgage product.• Capitalize the National Housing Trust Fund with $1 billion in proceeds toward preservation and restoration of affordable housing.While advocates of the bill cite the growing increase in foreclosure rates across the nation as evidence of the need for further intervention, critics of the bill believe it will increase the burden on banks and lenders while simultaneously reducing fees associated with delinquent accounts.According to Moodys.com, mortgage defaults are expected to rise to as many as four million with more than a third of new defaults associated with prime fixed rate loans rather than the original sub-prime concerns.

Sometimes, these areas never reach their anticipated trajectory.

Specifically the final tax rate on profits from rent and the anticipated increase in tax upon sale?

This is very legitimate and can boost your taxable income.If you're anticipating a drop in your non-rental income that will be causing your DTI ratios to jump (such as leaving your employment or having your spouse stay home), then you might well want to show higher taxable income on your rentals as a way to bring your DTI ratio down and maintain your borrowing capacity.

This implies that you should not put any significant rehab or spending of money during that 120 day period.The size of the lien isn't so much of a factor - the anticipated amount of equity of the property is more of a factor.

We discussed approaching the lawyers and we were trying to anticipate the "what is in for me?"

They do not anticipate restarting the program next year.