Here's the latest on the petition to kill HVCC for good.

By
Real Estate Broker/Owner with Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 Tx Broker 0304050

This just in from the Think Big Work Small newsletter for the mortgage industry:

If you want to sign the petition, go to HVCCPetition.com.

There have been 117,394 signatures collected to kill HVCC.  This is as of 11/16/09.

Most have been validated, some a duplicates.

The breakdown on the petition signers is as follows:

39.6% of the petition signers were mortgage originators

29.8% of the petition signers were real estate professionals
17.4% of the petition signers indicated they worked in some other facet of the industry
The remainder of the petition signers were primarily homeowners or potential home buyers

The poll they conducted shows that about 2/3 of the appraisals done under HVCC came in under contract price.  An overwhelming majority said that the way to stabilize home prices was to eliminate HVCC.  And more than 90% had a deal killed because of HVCC.

 

So if you haven't yet signed the petition, get on the site and sign.   Its getting deader with more signatures! 

That's the only way politicians will pay attention to us.  Without speaking up, we're the bad guys.

Posted by

Mick Michaud,

Managing broker,

United Country Distinctly Texas Lifestyle Properties, LLC
Texas license # 0304050

The Lifestyle you want, the place to live it.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Mortgage / Finance
Groups:
The Lounge at Active Rain
Tags:
hvcc

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
258,899

Mick Michaud

Your Texas Lifestyle is Here!
Ask me a question
*
*
*
*

Additional Information