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End of Seller Financing?
PLEASE FORWARD THIS TO EVERYONE IN YOUR ADDRESS BOOK, AND ASK THEM TO DO THE SAME., This a reminder -- HUD wants to eliminate ALL seller financing unless the seller lives in the home or becomes a licensed mortgage originator. The opportunity for you to tell HUD "NO WAY!" ends tomorrow, Tuesday, Feb. 16.Please take a few minutes to respond to this Call To Action by the National Real Estate Investors Association. Your response to this request could have a big impact on your ability to broker or buy cash flow notes or to do owner finance transactions in the future.Do not put this off or it will be too late. Please take action today!Sincerely,Bill Mencarowwww.PaperSourceOnline.comwww.cashflows.orgP.S. The deadline for comments is tomorrow, Tuesday. If you have already sent in your comments and alerted others!PLEASE FORWARD THIS E-MAIL TO EVERYONE IN YOUR ADDRESS BOOK, AND ASK THEM TO DO THE SAME.Call To Action: HUD Wants To Cripple Owner FinancingHUD has proposed to eliminate ALL seller financing unless the seller lives in the home or becomes a licensed mortgage originator.SEE BELOW FOR SPECIFIC INSTRUCTIONS ON HOW TO COMMENT."In addition to establishing HUD's responsibilities under the SAFE Act, through this rule, HUD proposes to ... more

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