sstanton

Gary,

I have followed the program since it’s inception. It is not a NARS program. They are using us to find the properties and essentially give the NARS members involved a “birddog” fee, which is split with NARS and us depending on whether you are a ruby or emerald member.

On last Thursdays call, they stated they had about 50 property…[Read more]

I concur!

Had to pick myself up off the floor

One other thing, Jim, I am just giving you the 3-ARCk option. Take the course that looks like the best fit for you and you land owner.

Ruby gets 50% of Bill’s profit
Emerald gets 25% of Bill’s profit

So, $1.2 mil home, owner gets 90% new lien or owes us $1.08 mil.

Bill’s estimated profit will be $432,000

Emerald about $108,0000
Ruby about $216,000

About 9 months to finish. We carry most of that for 3-5 years. Upon the owner getting a 50% LTV loan, there is about 10% that…[Read more]

Jim,

I would suspect that this would be a 3-arck property too. owe 1.7 mil and worth 1.2 mil.

I don’t know what your level is but, if accepted, probably worth more to you than HOPES.

Check with Bill before launching into HOPES.

A few thoughts for Joke Wednesday:

You don’t have to be faster than the bear, just faster than the people around you.

Unless you’re the lead dog, the view never changes.

I want to die peacefully in my sleep, like my grandfather.. Not screaming and yelling like the passengers in his car.

How is it one careless match can start a forest fire, but…[Read more]

Of course the federal reserve is not going to find anything wrong. They are paid for by the banksters.

Gene,

You did not miss anything. I was on the call and heard the banter between Cork and Bill. Bill mostly talked about his situation with his home and took some questions. Most of what he talked about was a review of what we, who get on the call, already know. They have moved.

gunny (plural gunnies) – 3.(affectionate) The U.S. Marine Corps rank Gunnery Sergeant.

Gunnery Sergeant (GySgt) is the seventh enlisted rank in the United States Marine Corps, just above Staff Sergeant and below Master Sergeant and First Sergeant, and is a staff non-commissioned officer (SNCO). It has a pay grade of E-7.

I am not a Marine, but…[Read more]

Dave, that bill died in committee. You need to pursue this goal again.

H.R. 6256: Strengthening FHA Through Shared Equity Homeownership Act of 2010

I would recommend Living Free and Clear for these properties.

Living Free and Clear

PACTrust is a two party trust and EHTrust is three or more.

I am getting about 2-3 emails a day about MAPS. I believe they are getting my address from my FaceBook page. I chose to make that email visible, so, I don’t complain, just delete.

Now my opinion (at risk of getting slapped again).

It starts with the name; MAPS sound official, like MARS, MHA, HAMP, HAFA, TARP, etc. The EHT falls flat,…[Read more]

1. Are you a NARS Emerald or Ruby member? Ruby
2. If you are not a NARS member, are you interested in becoming one? n/a
3. If you are not a NARS member, what has been your reason for not joining? n/a
4. If you could make any personal recommendations for NARS, what would that be? A buddy system, experience members help new members for a share of…[Read more]

While we’re singin’ and dancin’ in the rain…

Busted flat in Baton Rouge, headin’ for the train,
Feelin’ nearly faded as my jeans.
Bobby thumbed a diesel down, just before it rained;
Took us all the way to New Orleans.
I took my harpoon out of my dirty red bandanna,
And was blowing sad while Bobby sang the blues.
With them windshield wipers…[Read more]

Sorry guys, I just closing the quote window when I saw these and cracked up

Politics is not a bad profession. If you succeed there are many rewards, if you disgrace yourself you can always write a book.
Ronald Reagan (1911 – 2004)

Politics is supposed to be the second oldest profession. I have come to realize that it bears a very close…

[Read more]

The more you read and observe about this Politics thing, you got to admit that each party is worse than the other. The one that’s out always looks the best. – Will Rogers (1879 – 1935)

Crica 1924, one of my favs. Not much has changed has it.

Tax the Rich, don’t tax the rich.

This thought keeps rolling around in my head; if we tax the rich, who…[Read more]

Can’t answer your questions, yet, Dave. Just got an email from the renter and that provoked the question.

Actually, I would rather this be a regular EHT set up, but until I get to the land lord, I don’t really know how it will go. Just had the thought and wondered about it.

It was voted down yesterday in the house of representatives (see eslack’s last post on her thread).

Majority of democrats voted no and the majority of republicans voted yes.

I guess the dems need a feather in their cap for next elections and the repub just don’t give a d$%^ since they are in control next year (nothing new, the dems didn’t give a…[Read more]

GOLDEN RULE: HE WHO HAS THE GOLD MAKES THE RULES… (so how can the banks make the rules.. last time we heard, they no longer have the Gold)

That is a smoke and mirrors. They do a good job of convincing everyone how poor they are, when, in fact, they make the money and do own the gold. They make the rules, even in court (reads Geoff’s article).