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7 May 2018 | 12 replies
And yes, VA loans should be a simple concept but they have inherent problems and obstacles by virtue of being a Government subsidy.
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27 April 2018 | 134 replies
It is directly from the Federal Government HUD website.
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23 April 2018 | 2 replies
This neighborhood typically has government assistance w/ rent.
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25 April 2018 | 7 replies
That is simply because they are higher risk for the lender since they are not insured by a government entity and the lender will demand to be compensated for that risk.
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24 April 2018 | 4 replies
The package includes a complete set of recorded documents that govern your association.
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24 April 2018 | 2 replies
A good source I have heard are credit unions as they are not governed like banks.
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25 April 2018 | 15 replies
We have a local government entity - Clean Water Services - who reviews what you want to do and signs off that there aren't any issues with wetlands or protected environmental situations (animals?
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30 April 2018 | 7 replies
In reality unless we move the federal government, there will always be people looking for places to rent/buy.
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30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
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10 May 2018 | 8 replies
The larger issue is that the US government will now make profit off of more people.