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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (202684)	5/16/2009 6:27:40 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

A real estate "short sale" is greatly in the lender's interest, but with loan ownership being syndicated and fragmented a law requiring an opportunity for a short sale was essential. I'm sure you appreciated this as much as I do. Finally real estate market debt can be liquidated. alturl.com The only carrots provided by the program is a standardized short sale contract, a tiny incentive of $1k for the loan servicer, and $1.5k "moving expenses" for the home owner. But the stick provided by the program is a requirement that lenders must give up to 90 days for the home owner to effect a short sale in lieu of foreclosure. There's a lot of homes that need to be sold off at market value, far less than the amount of the mortgage. .

To: loantech who wrote (202684)	5/16/2009 9:57:35 PM
From: bentway	Read Replies (3) \| Respond to of 306849

"Ras Iyah Ben Makahna won a partial victory in the US’ 9th Circuit Court after he argued that he used cannabis as a sacrament. The potential implications are astounding: sacramental users, especially Rastafarians, may be able to light up on federal lands and be protected by Makahna’s precedent." I'VE got a RELIGION now! "Alas I have a job now that requires drug testing so will have to embrace my religious cult later down the road. " When they fire you, explain that you are a Rastafarian. Then, when they don't hire you back, SUE them for heinous religious discrimination and persecution, and retire a HERO in the stoner community! You could be the Rosa Parks of stoners!