* ONE DAY LEFT**

The following information is extremely important!

“HUD Issues Problematic Rules Interpreting SAFE
Mortgage Licensing ACT HUD has proposed to eliminate
ALL seller financing unless the seller lives in the home
or becomes a licensed mortgage originator.”

Seller Financing for Residential and Commercial properties
is a HUGE way for investors to flip properties.

We desperately need for thousands of real estate investors
across the country to go on record with HUD on this issue.

How YOU can help:

1. Call your US Congressman or US Senator…otherwise,
according to one government insider, your emails to them will
be read by a lowly staffer.

To find your local US Congressman and US Senator’s line, go here

For US Congress: use (202) in front of the phone numbers listed
here http://clerk.house.gov/member_info/mcapdir.html

For US Senate: use (202) then the “22″ prefix in front of the phone
numbers listed here
http://www.senate.gov/general/resources/pdf/senators_phone_list.pdf

2. Tell them what you feel about the proposed law and how
that would negatively impact the real estate business their area, and for you.

Your message should include that you would like the definitions
in the proposed rules to be changed so that private individuals
can originate and service loans on properties they personally own.

Opinions must be in by tomorrow.

Which means we have less than one day left to  flood this system
with comments.

Please forward this email to those who need to know. Action must be taken quickly.

Here is the link to HUD to read the law:

<A HREF=http://m1e.net/c?40134443-RN4wgovDS//vo%405038917-wcMDQJ2j1DRlk“>http://m1e.net/c?40134443-RN4wgovDS//vo%405038917-wcMDQJ2j1DRlk</A>

Here is the link to HUD for you to post your public Comments:

<A HREF=http://m1e.net/c?40134443-Bu7YsRGpcd3rY%405038918-vftzEOO.qaoQU“>http://m1e.net/c?40134443-Bu7YsRGpcd3rY%405038918-vftzEOO.qaoQU</A>

Share , Build Community and Enjoy:
  • Digg
  • Facebook
  • FriendFeed
  • RSS
  • del.icio.us
  • LinkedIn
  • email
  • MySpace
  • Live
  • StumbleUpon
  • Twitter
  • Add to favorites

Post to Twitter Tweet This Post Will Ya?

Filed under: Real Estate News UpdatesREI Market News/TMN

Like this post? Subscribe to my RSS feed and get loads more!