These sponsors may wish to arrange for a preapplication conference with the local HUD Field Office for advice on the best program for the sponsor, and to discuss HUD procedures and requirements.Application:Any person or sponsor can apply who is able to meet the cash investment and credit requirements and to make the mortgage payments.

I ended up being a little over 50% on my March goals, and 90% by end of April for those goals (hopefully).For April, actionable items:1) Generate 5% response on direct marketing campaign2) Deploy new website for Denver Homebuyers3) Minimize (closets and basement), organize (office), scrutinize (marketing)4) One new deal under contract5) Hike more, WoW lessAlso on the radar:Smooth closing on both scheduled transactionsRE conference next week

Fall Conference is scheduled for October 15-17, 2008 at the Westin Diplomat Hotel, Hollywood, FL

If I was him I would have held a press conference and say "I did not exhale" LOL

News Conference at 2pm EST.Government, mortgage industry to announce assistance effort for Fannie Mae, Freddie Mac loans in news conference.http://biz.yahoo.com/ap/081111/meltdown_mortgages.html :cool:

You mentioned that this deal is in upstate NY, which is usually more lower priced cashflow properties rather than high-appreciating areas like lower eastern NY.

Dubai’s relative autonomy will come to an abrupt end.†The emirate’s push into luxury property developments and tourist attractions was diversification on “paper sand,†said Davidson, a professor of Middle Eastern affairs at Durham University in the U.K. ‘Nasty Downturn’ Real-estate prices may drop 20 percent or more, analysts at EFG-Hermes Holding SAE, the biggest publicly traded investment bank in Egypt, said in a report this week.

We are talking about a small mining town in north eastern Nevada that is experiencing a housing shortage.

RealtyTrac tracked foreclosure-related filings on 2.3 million U.S. properties in 2008, an 87 percent jump from the year before, with 861,664 homes making it through the entire process to become REOs.The Mortgage Bankers Association's surveys of members suggest one out of 10 mortgages was either delinquent or in the foreclosure process at the end of September, and Moody's Economy.com estimates 12 million homeowners are "upside down" -- they owe more on their homes than their properties would fetch in today's market.RealtyTrac senior vice president Rick Sharga told attendees at the Inman News Real Estate Connect conference in New York City this month that an analysis of 500,000 distressed properties in four states in the company's database found only about one in four were listed for sale in a multiple listing service, or MLS.That suggests that as many as 75 percent of distressed properties have yet to hit the market, Sharga said, and that many of those homes will soon be putting pressure on inventory and prices as banks repossess them and put them up for sale. . . .

The eastern side, a military zone, is inaccessible, but on the other side is a low strip, called Spalmatore di Terra, there are beautiful beaches, a dock, and two typical restaurants.