Here what happen : I been receiving emails from a different Acquisition Comp /personwith potential properties he had to sellWell 1 of my buyers ask for properties under $16,500,so I go check out this person inventory (seller ) and sign Optional contract to pick up a SFROptional contract indicated:he can sell the property to someone else until I sign a Purchase contract Their Purchase contract was for 10% down and closing within 5 days I tried to wholesale it to my rehabber investorHe sends me email indicating the property on Econohomes for around $8700 and that I'm selling someone else foreclose property without permission / titleI questions the seller and received no responseFYI : I'm cancelling my optional contract asapNext time : I guess I will have to not only check the source (seller) , but to see who truly owns the property [MLS]Due diligence all the time

How vigoursly you disclose and defend your position is an indication of moral and ethical position as well as your standing in compliance with applicable laws!

Everything Jon said, and to address the 1099 issue, you should be providing a 1099 for any payment made to the contractor during the 2009 calendar year.Any payments made in 2010 (including the remainder of any draws on a contract) should be indicated on a 1099 provided in January of next year.Btw, 1099s were supposed to be sent to your contractors several months ago...you might want to talk to your CPA about how to handle them at this point...

I had this tree limbed up by professionals last spring who indicated it is a healthy tree and will do fine for a long time.

But, before I waste my time, please admit that my Fox News examples above indicated "poor or biased reporting"...as you requested...

Well, for one thing I'd put in fewer appliances.

Title Company will see address of the house, seller's contact information (in case parcel number is needed to do the title search) and upload the title search report, indicate if the title is clear to go or not, and preliminary title commitment and save".

That said, there may be fewer buyers and those buyers may not be willing to the pay the same prices (because they won't be getting a rebate from the government); but the buyers will always be there.So, you need to figure out how to appeal to those fewer buyers who aren't willing to spend as much.Here are my thoughts:1.

They claimed that a dermatologist once wrote something on her chart that indicated she had a pre-cancer and she didn't disclose it.

There were never many true hard money lenders (most were soft hard money ), today there are even fewer.