Having voting rights doesn't mean being part of management nor does it mean having control.A better definition is active participation.

“I believe that banking institutions are more dangerous to our liberties than standing armies.”

I changed the title of your post from "Hello From The CEO" because it would lead people to believe that you were the CEO of this website.That said, your post was edited because we do not allow promotional posts outside the classifieds.I hope that you'll participate within the bounds of our rules.

We will not allow manipulative titles (I'm not saying that anyone intends to do this) or misleading titles.I find that those topics that are most timely or timeless are those that get the most participation.

The additional categories of properties exempted from the time restrictions include sales of properties by: •· State and Federally chartered financial Institutions and government-sponsored enterprises (GSEs) (e.g., Fannie Mae and Freddie Mac) •· Local and State government agencies •· Nonprofits approved to purchase HUD REO properties at a discount http://www.hud.gov/offices/hsg/sfh/np/np_hoc.cfm •· Sales of properties within Presidentially-Declared Disaster Areas (upon FHA's announcement of eligibility in a mortgagee letter specific to said disaster) Prohibition on Property Flipping Described Property flipping is a practice whereby a property is resold a short period of time after it is purchased by the seller for a considerable profit with an artificially inflated value, often abetted by a lender's collusion with the appraiser.

That's effectively how most financial institutions make their money.

I had no idea I would get so many people participating in this discussion.

http://www.fdic.gov/news/news/press/2009/pr09006.html Bank of Clark County, Vancouver, Washington, was closed today by the Washington Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was named receiver.

. - UPDATE: FHA does require 90 day seasoning unless the transfer of title comes directly from a federally insured banking institution to buyer.

The only failure in life is the failure to participate.