Make sure you have the tenant sign an "Information Release" form that you can send to their employer to get the information.

My guess is that the note/contract you signed when you borrowed the money explicitly defined what would happen with money remaining in escrow when the loan was due, so the fact that you don't have access to this money shouldn't be a surprise.Why won't they allow you to extend the loan?

Also, when I contacted him, he would not release the contact information for any of his allegedly happy customers whose testimonials he had posted on his site.

ARIZONA CORPORATION COMMISSIONFOR IMMEDIATE RELEASE: February 17, 2011 CONTACT: Rebecca Wilder (602) 542-0844Commission Orders Restitution for Over 100 Investors Defrauded byUnregistered Investment Programs, Most Involving Real EstatePHOENIX, AZ— The Arizona Corporation Commission today sanctioned multiple individuals and theiraffiliated companies whose unregistered investment programs—most of which involved real estate—siphoned over $6.67 million from at least 105 investors.

Most of the banks I work with would give you the option of a price reduction, repairs, or release from contract if the property is damaged while under contract but prior to closing.

Rent raises under this policy should occasion neither a mass revolt nor a mass exodus of your tenants because they should come to understand that your rent raises are fair and, therefore, acceptable.This policy should involve six elements - careful preparation, proper timing, extended lead time, reasonable increments, amicable notices, and personal contact.Careful preparation for rent raises consists of much more than merely preparing the notices to change terms of tenancy.

To my knowledge we were one of the first, if not the first to offer this, and still may very well be the only one to offer the extended hold transactional funding.

On 4th, when I meet them, the gentlemen asks for extended time for security deposit.

Added Note: We just completed a short sale on a $141K loan on a SFR also in Charlotte NC thru Chase and the short sale buyer paid $80K and Chase "released" the amount owed and I will get a 1099 on it maybe in Dec 2012 and will have to pay Uncle Sam about $11,000 in "Capital Gains" Tax if it is still at 15% for 2012?

We just released a new loan that I love though.