Comments on: Fannie Mae Relaxes Rules for Once Troubled Borrowers (Investor Opportunity?)

By: jp moses

jp moses — Wed, 01 Feb 2012 15:26:00 +0000

HI, Gabdoyle – I don’t believe it’s a federal mandate…it’s just their rules…and it’s the rules we gotta play by. I know it kind of stinks for us sometimes. But the opportunity’s still very much there…trust me. Don’t fight the system. Find a way to work with it, work around it or avoid it altogether. Thanks for commenting!

By: Gabdoyle

Gabdoyle — Wed, 01 Feb 2012 15:08:00 +0000

Is it a federal mandate that offers from investors have to wait 2 weeks after a foreclosure or short sale property goes on the market before they are responded? This is very frustrating to investors, we have seen many properties sold for less than my clients are willing to pay because owner occupants get first crack at it, we’ve even seen contracts fall apart because owner occupants have back out or not obtained financing but we’ve still been told to wait two weeks!

By: real estate investing student

real estate investing student — Thu, 26 Aug 2010 02:56:00 +0000

Thanks. You make a good point. I’m new as a real estate investor and appreciate the insights.

By: Hanskruger

Hanskruger — Mon, 12 Jul 2010 08:24:06 +0000

It's doesn't realy matter what people says. The important thing is to post everything you got on your mind and people will respect on it cause of it originality.
Anyway you have a fast loading blog and I like that, can you tell me where you host it ?

By: Edithrbear

Edithrbear — Fri, 18 Jun 2010 03:27:51 +0000

Thanks, this is great news and what a wonderful opportunity for the Smart Investor. E. Mckeller

By: bori1033

bori1033 — Wed, 28 Apr 2010 11:16:49 +0000

I think this is just another way of pursuading homeowners to better deal with their lender/bank/mortgage servicer in order to have them proceed with HAFA once they contact their lender. This so called 'Relaxed Rule' has been talked about since August of 2009. At least that's when I first learned about it. How much this means to the investor? As far as retailing, this homeowners will rather buy in the area they lost their home to. But then again, in two years who knows what else may interest them. It's going to be awhile before this homeowner rebound from this devasting blow. Let us not forget that this two year period doesn't necessarily mean much unless their credit score regain traditional scoring points. Will two years be enough time to do that? I don't think too many will be able. Not until the the economy and jobs regain some stability. This is just my opinion and I write about this on my blog.

By: Fannie Mae Shortens Waiting Period For New Mortgage | Real Estate Investing News Watch Blog Aggregator

Wed, 28 Apr 2010 08:09:29 +0000

[...] Fannie Mae Shortens Waiting Period For New Mortgage Posted by: claire | Category: Real Estate Investing [...]

By: Kath

Kath — Wed, 28 Apr 2010 04:30:57 +0000

Brilliant. The 2 year L/O strategy? Just Brilliant. Thank you.

By: Steve

Steve — Wed, 28 Apr 2010 02:46:26 +0000

Hey JP,

Great job!
Its good to finally hear somebody put a spin on the negative instead of always complaining about the Obama admin… lol Though I thought I had heard the incentives had doubled…
This is a great strategy to add to the wholesaling lease options arsenal.

By: jp moses

jp moses — Tue, 27 Apr 2010 23:25:14 +0000

Thanks for that – I hadn't heard those points. I meant to catch Jeff's webinar on that last week but wasn't able to. I'll look into this further and see if I can post more about it for everyone. Thanks!