some states require that you pay the loan in full prior to the auction if you want to keep the house. https://www.nolo.com/legal-encyclopedia/summary-alabamas-for...Reinstating the Loan"Even though Alabamalaw doesn't provide a statutory right to reinstate the loan before the sale, many mortgages, like the uniform Fannie Mae/Freddie Mac mortgage, allow the borrower to complete a reinstatement.Check your loan documents to determine if you get a reinstatement right and, if so, the deadline to complete one.

I understand this site caters to USA, But I am interested in Europe.I require someone knowledgeable on European laws, etc.. and how to figure what I shouldRent out the property for weddings.At the moment looking at a French ChateauReception Rooms: 6Bedrooms: 24 Bathrooms: 23 Land: 152 acresAdvise.Thank you for any help.

@Nolan MahoneyYou might already be aware the City of Elgin requires a landlords license and a mandatory Landlord Training 

What are the zoning requirements? 

Have your daughter look at the Neighborhood Assistance Corporation of America (NACA) program.NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.

James, I deal mostly on the commercial and education side but from what I know 903.3.1.1.1 is the only place where they list exceptions and two forms of egress us not one of them. 903.3.1.2 calls out the requirement for nfpa 13r sprinkler systems for group R. if the rezoning is not allowing a grandfather from the original building code that didn't originally require sprinklers, then you are at the JHA's mercy on this one. 

For our tenants we're trying to get to leave, we have and we will just do an on-site inspection then a day later tell them we do not want them and give them legal required notice.

But this requires different knowledge, experience, team and involvement.

I also learned it requires a lot of money, or in this case credit, to furnish a three bedroom house.

Maintenance requirements are not reasonable and are enforced (although inconsistently).