So im trying to think outside the box and find a way for him to make this work.He needs another $30-$40k to get the lot ready for construction.

BTW Rich, we should keep these to the political talk room to make it easier on the mods.

I'm adding it to my box of negotiation tools.

Well we are not, we are working on a Loan Mod, but we were told to list it for sale.

While it only affect us in CA, other states are soon to follow, although other states may do it better as usual.Basically, the bill was designed to reduce/eliminate all the loan mod fraudsters out there.

Or see if the lender is willing to loan mod on this so that you can keep it in place.

We only have 2 rentals right now and my husband and I manage them ourselves.One tenant is on Section 8, the other on rental assistance, so the rent checks come directly to the PO Box made out to the LLC.

Then the mediator asked for the loss mitigation specialist (who was on the phone - the company's lawyer was in the room with us) what her other options were.He proceeded to say if the loan mod did not qualify her for any reason she could do a repayment plan, settlement, short sale, deed in lieu of...those were all options.Then the LAWYER spoke up and said....and she can short sale re-fi.

What I had to do was put the letter into a graphics program that I have, then I put every sentence into its own box so that I could move them up or down.

When I showed him that it would not re-set, that he should check the breaker box first, it DID reset.