Now they seldom can stand to talk to one another and then only through clenched teeth. A sad story, but one that is not uncommon.

What if they have an undivided interest in a fourplex. They want to end their investing enterprise, but they can't agree on disposition of property?

An action for partition may be only solution. That means one of investors turns to court to decided how and when interest in property will be divided.

There's something you should know about PMI!

Private mortgage insurance is commonly referred to as PMI. If a buyer makes a down payment of less than 20% of a home's value lender will insist that a premium for PMI be added to every monthly payment.

Statistics prove that more money a buyer has invested in a home less likely they are to default on mortgage payments. With less than 20% down lenders want added security for loan and so PMI was developed. Nice for lenders... expensive for borrowers.

The federal Homeowners Protection Act of 1998 mandates two ways to cancel PMI.

1. When regular monthly payments have paid down loan balance to less than 78% of ORIGINAL APPRAISED value of home. Current appraised value does not count even if value of your home has doubled.

2. If you pay an extra amount over and above monthly payment so that loan balance falls below 80% of original value.