I’m down in the Summersville / oak hill / beckley area primarily 😀This area seems to finally be recovering socially from drug epidemic / 2008 crisis.

We are currently experiencing a housing CRISIS here!  

Here's the recap of all of S&P's European downgrades today:France and Austria down one notch, stripping both of their coveted triple-A ratings.Downgraded by TWO notches are Italy, Spain, Portugal and Cyprus.Only Germany and Slovakia were given stable outlooks while all the others received negative outlooks.The S&P said it was taking the actions "because Europe's leaders had failed at recent meetings to take decisive steps to solve the region's debt crisis."

A lot of times they slip through the cracks (although less now than during the crisis).

Rates for the NFIP are increasing at extreme rates due to the financial crisis of the flood program. 

Do it now, avoid the midlife crisis later.

To further prove this point, let’s examine two very significant times in history: the 2008 financial crisis and the 2020 global pandemic.THE STOCK MARKET CRASHES OF 2008 & 2020 The stock market crashed on Sept. 29, 2008, and The Dow Jones Industrial Average fell 777.68 points.

I'm looking at a cap rate of 10% and can use it myself.the area took a massive hit in the crisis but it's on the way up, Hertz have just relocated their HQ from New Jersey, huge VA hospital complex opened and the amount of new commercial construction is amazing.

HR 1728 would be extremely harmful to thousands of your constituents.It will exacerbate the problem OF foreclosure, as fewer sellers will be able to sell their homes to avoid it, and CAUSED BY foreclosure, as fewer buyers who have recently experienced foreclosure will be able to re-start the process of home ownership inexpensively and easily by negotiating owner financing.Thank you for your consideration;NAMELicensed Real Estate Broker license #Phone #email*IF YOU SELL HOUSES WITH OWNER FINANCING*Dear Senator [name];My name is Vena Jones-Cox and I am a life-long resident of Cincinnati.I am writing you to encourage you to vote NO on HR 1728, the "Mortgage Reform and Anti-Predatory Lending Act".While many of the provisions of the act are positive steps toward mortgage reform, the inclusion of private owners in the act (see section 101(3)(e)) will enormously reduce the housing choice of Ohioans and the ability of homeowners to sell properties in this already-slow market.As a professional housing provider, I sell several houses each year to home buyers on installment sale [or, if you have not purchased a property, add here: "I had planned to sell several houses this year on installment sale]--a practice that would become impossible under this law in its current form.I find that in today's slow market, the best way for me to help buyers who desperately want to become homeowners, but who cannot raise the down payment or meet the other terms needed for conventional financing, is to allow them to make payments directly to me.These sales are win-win deals for both the buyer and myself; I am able to turn over homes that I've bought and rehabbed (often from foreclosures) to buyers who love and can afford them, and the buyer can get his new home at an affordable payment and interest rates with none of the usual costs (points, application fees etc) inherent in more conventional mortgage transactions.In Ohio, these transactions are already regulated by state law: a low maximum interest rate is already in place, and both the buyer and seller are protected by other regulations at the state level.Without the ability to sell homes in this way, I will no longer be able to invest in and renovate any of the tens of thousands of vacant, ugly houses placed on the market by the foreclosure crisis, and my small-but-beneficial business will literally be in ruins.

The large banks have plenty of profits available to finance the campaigns of their friends in government so they will be protected during the next crisis they cause.