These documents will be between you and the Federal government, owner of the home, as HUD is a Federal agency.3.

Higher taxes and smaller government will both be needed.

Until the government gets out of the way and lets economic forces take hold, all we will get is a roller coaster of an economy.

An economy that was one of the two wealthiest countries in the world for about 85% of the last two millenia is not one to be ruled out.One interesting aspect of the way government officials are selected in China is that it is a meritocracy, although it is not a market-determined meritocracy.

And it would seem to not apply to a cash transaction.It also states that an exception to this rule of disclosure is in transactions with single family residences where the seller is a federal government organization, which would mean HUD and Fannie Mae REO's.

Advertise incorrectly and the Federal government may come a calling.

This not only affect the government employees, but the entire community all the way down to the server at a restaurant.

John, if it's a bank it's covered by FDIC or the Office of the Comptroller, without showing the ability to repay the loan as required by regulators, as the very first consideration, you won't get a loan at any LTV.

You can look at the FTC regulations concerning advertising real estate, that trumps any state law.From my GREA site copied from the reg. 

If you put in a black water storage tank, it's still regulated by the state.