HUD has new rules that WILL effect you as a private property owner.
The Safe Mortgage Licensing Act proposes to eliminate ALL seller financing unless the seller lives in the home or becomes a licensed mortgage originator.
We need thousands of investors accross the nation to go on record with HUD on this issue.
Please go to www.regulations.gov
enter HUD safe
press comment section and please let our HUD office know how importaint it is to for you to be able to sell your property with owner financing.
Your message might include "you would like the definitions in the proposed rules changed so private individuals can originate and service loans on properties they personally own.
Call your Congressperson, call your Senate please let them know how this will have a negative impact on you!