Hey guys and gals, just got back in and reading all my messages on NRPI:
nrpi.com
I spoke to Richard Astrom, CEO of NRPI today and I must say he is one of the most cordial CEO's I have spoken to in a long time.
Everything that is on the Web site is correct and updated. You can find all the info on the Web site.
NRPI also has an office in New Orleans:
918 St. Pete Street
New Orleans, LA, 70116
Tel.# 504-525-2777
I asked Mr. Astrom why New Orleans, and his reply, "We already have on record 39,000 homes needing the financing that we are looking to obtain. Possible income from just these home's could average 10,000 dollars per home with this new financing.
Currently, Mr. Astrom is seeking a new type of financing that is beneficial for all parties involved. He said he could not go into details until everything was completely finalized.
From what we did discussed, this new type of financing, the way I understood it; it was similar to a wrap a around mortgage, but not exactly the same thing. It will allow for more under privelage, low income families, especially first time home buyers to get a loan. The great part about the new financing; NRPI will just be the middle man and not have to carry any note or lien on the property. That will be handled by the mortgage company For those of you who are more astute on financing of mortgages you may me able to give us a better example.
I can say that he does anticipate the details to be worked out very soon and we should be seeing a PR also very soon.
Mr Astrom would not comment on the fact that another publicly traded company is going to be making an alliance with NRPI, but sources close to me have confirmed this to be true. I can only say; as of today, it is just rumor until we do see it in an official PR.
I expect both companies to issue a PR simultaneously.
Once they do, it will be beneficial for both parties and their shareholders. |
