You don't say where you are, which makes a difference climate-wise.

A select group of residents wants to dissolve the HOA, but we don't feel that's a wise option.

Other wise it is a lease.Many reasons why they may be advertising the way they are - not going to judge them.

I just wanted to share with other beginners my view and approach to perhaps offer an other wise unknown resource.

Bottom line, if you have any money, wise up.

Rich, I don't think that basing future expense increases on historic price increases is very wise.

Net $0, tax wise, but they maintain good cash flow.

- If the seller is already 2 months or more behind in payments, is it wise to use money out of pocket to catch them up if the bank demands that before a short sale could be approved?

So we all need to keep privy of those proposals of such new legislation SEC and goernmental wise by the use of a competant local legal advisor despite what those guru's say because they have always done it.

Vanessa, looks like the answer is there are no federal rules, but you would be wise to check on the regs of your state.