Let me know if that is something you would be interested in!

The guy seems to have some sort of anxiety, as he got really upset when we moved them out for two days to fix something with the house to satisfy the county (at our expense, of course). 

By default, the Mortgagee is both the one that lends and the one that has an insurable interest and therefor both descriptions pertain to “Mortgagee”.Which is preferred: Traditional Banks always only require they be listed as the Mortgagee whereas Hard Money and or Private Money; it’s 50/50.Now, you’re probably wondering in what instance would someone be listed as a Loss Payee but not Mortgagee- well, let’s say someone lends the property owner money in a non-traditional fashion - we can chat more about this later -whether it be for the property or for something else, doesn’t matter, and the borrower uses the property as collateral.

I am 44, and thanks for pointing that out, that is definitely something to keep in mind.

Sure he can owner finance or do something creative but for a price point like that the likely hood is slim.

I guess I could prospect harder for seller financing deals but in my mind I would hate to be in a spot where I can't move on something right away which is where I am now.

That is what a chapt 13 is all about.I must be missing something you are trying to say . . .Even in a chapt 7 it doesn't always go to sale and the debtor can save the situation.

Maybe don't tell planning contractor shops, sewing craft shops... to soften the sound of the use up, as sounds like less likely to dump something in the drains or kick up a party.  

Let me know if you would like that information Thanks @Jeffrey McKee, but that isn't something I would look at. 

Maybe I'm missing something.