« WILL YOU MAKE $100K IN PROFIT OVER THE NEXT SIX MONTHS OR BE LOADED DOWN WITH PROBLEM PROPERTIES? How To Beat The Sub Prime Meltdown »
House Bill 1708 Failed again to pass - 2007 - 2008
Category: Investing Methods, Subject To Existing Finance, Today's News
House Bill 1708 (aimed at ending "subject to" transactions) is dead in the water for this year’s North Carolina legislative session.
For three years now the NC legislature has been trying to pass a bill to stop or restrict investors from utilizing this very powerful strategy for financing purchases.
Fortunately, through the efforts of the NC REIA Coalition and the lobbyists they were successful in getting the bill stalled in committee.
This bill is very concerning to investors because once it is passed in one state, I predict it will move quickly to others.
Here’s a BIG THANK YOU to all of our friends in North Carolina who worked so hard to beat this bill.
Remember, the reason these types of bills receive so much legislative support is because of the unethical practices of a few. we need to govern ourselves, treat our customers fairly, and not support and do business with investors that operate otherwise.
This is FANTASTIC NEWS!
Tags: real estate tips, real estate training, creative real estate, real estate mentoring, real estate coaching
Get Full Access to This Resource by Becoming a Member
|
|
