It's a shame really because with the government rules and regulations homeowners are being foreclosed on.

We have a lot of out of state workers that are working government clean up jobs at the nuclear facility.

Another factor that I like to look for beyond the statistics is re-development driven by the city or local government etc.

It has created an artificial market do to govenment intervention which is scary, as we all know what usually happens when the government intervenes in the real estate market.

@Karen MargraveSome different things that I have done include:Condo conversion of Victorian house built in 1902Life estate with tenant who lived in the property for 86 yearsBought 5 adjoining lots subdivided in 1907 (yes over 100+ years ago) and never built on.Bought a house with bullet holes reputedly from the Civil War.Bought many landlocked properties with no access.Bought land for timber value.Bought an alley.Bought and renovated a house and sold to owner occupant.

Under state and federal law, upon any event of withdrawl of a trustee an alternet trustee is appointed usually under the trust or by the regulatory body governing the trustee's actions or the court.

The plan needs to be kept up to date, but in simple plans, not some big company 401K, that is not so complex.That said, I sure wish the government was completely uninvolved.

I can't imagine this becoming the next real estate bubble because the only people invested are the borrowers themselves and the government, but wow.

My guess is that when these lawsuits do end up getting settled the government will put some kind of restrictions on how many foreclosures can hit the market at once.

Lately we are hearing from a number of operators who are talking about throwing in the towel when it comes to their seller finance operations because of the ever increasing level of government regulations.