estate rescue: Washington REALTORS on 2791, I call "Bologna!"
- 05/06/08 01:48 PM
Now that the troublesome bill has passed, the blame game starts. Target: Washington REALTORS. Defense: They have posted notice that they were "closely monitoring the legislation" prior to the bill passing. Bologna! I'm Jack Burns of Estate Rescue and I was there, ALONE in front of the senate, arguing the absurdity of this bill. If anyone was monitoring this bill, I sure didn't see them. Watch the bill pass and the three minutes (cut short) I had to oppose it: VIEW VIDEO Don't let anyone tell you the people who could have done something about it, didn't know what was happening. (3 comments)
estate rescue: Foreclosure Lease Back Legislation proposed
- 01/12/08 02:31 PM
Last week, a local Senator asked me my opinion about proposed legislation he was considering sponsoring in next weeks committee. My name is Jack Burns and I agree that something should be done to put in place some restrictions that keep unscrupulous investors from unethical behavior. I have heard of lease back situations where, for example, the investor sold the property out from under the lessee. However this legislation is not the right way to protect the homeowner. Estate Rescue, along with many other companies stopped doing lease backs, not because it was wrong for the homeowner, but because predatory attorneys prey (6 comments)