YOU can profit
FROM TODAY’S REAL ESTATE CRISIS!
Buy MORE Home for LESS Money
Invest BELOW Market
LEARN:
The ins and outs of Maryland’s new foreclosure laws
The pitfalls of “foreclosure consulting”
Secrets to negotiating “Short Sales” – Buy for even less than the bank is owed
How to buy real estate at foreclosure auction – What you need to know to avoid expensive mistakes
Keys to saving big on bank-owned properties
Legal “red flags”
Where financing still exists
October 25th, 9:30am – 12:30 pm the Fountains – 1800 Sweet Bay Dr. Salisbury
Sponsored by: The law firm of ann. Shaw, p.a. $15.00 per person – attendance limited to 45
For reservations, send your check for $15.00 per person to the law firm of ann shaw, pa, PO box 448 Salisbury Md 21803 410 742 -9171
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
13 comments:
This is despicable!
I think its great! Nobody forced anyone to buy something that they could not afford.
Is this being sponsored by SAPOA?
Im with you Mrs Wymzie, Someone who only wants to make a profit from some other families broken dreams, lets see that makes you a slumlord or a realtor or just a piece of capitalistic SHIT.
I am all for capitalism and TRUE free markets.
But it through market manipulation and pure unbridled greed that most of the people who own homes today have or are in the process of loosing them.
There are the 3 C's in lending ...
Character
Collateral
Consistency
Every single one of these were abandoned over the last 15 years and anyone with a pulse was able to get a mortgage.
People who were working at McDonalds with 0 down should not be mortgaged for $250k.
Now these people are loosing their homes and a very few cash rich individuals will be able to pick up these homes just as they did during the great depression.
I am willing to bet this class charges the attendee the $15.00 for attendance then provides one with a 'Kit' of documents to go out and buy up these properties. Most of which the average 'Joe' can't qualify for anymore.
We have been dealing with 'Short Sales' for the last two years and the banks don't want to take them because if they take them they can only write off the amount of the loss. However, if they keep them, they can pass them onto the 'Loss Mitigation Dept.' that does what attorneys do 'Churn Fee's'. Then after about 6 to 12 months of that it goes to foreclosure incurring yet more fee's and is sold on the courthouse steps with 0 advertising other than a legal description in the back of the paper.
The family in turn has lost their home and their dignity, and the bank gets a judgement, fees, and an insurance settlement, and now with the mother of all bailouts they are going to get paid some more!
While some banks are dealing with short sales most are holding out for the corporate welfare that you and I will be paying for.
Actually Ann Shaw is offering something that real estate buyers need, competent legal counsel.
The State of Maryland has enacted a slew of laws aimed at equity thieves and foreclosure prevention companies (Like ACORN) who prey on the person losing their home.
The laws are a minefield for the "average" investor looking to buy bargain price real estate.
I like it that she is offering how to buy at foreclosure auctions. These are the courthouse steps auctions where you are bidding blind, not seeing the inside of the house or knowing anything about the condition.
$15.00 is about the cheapest price for a real estate seminar I have ever seen. It must cover the cost of coffee & printing.
KICK-BACK CITY & who handles the closing.
What government agency did you use to work for Doug?
Bosshogg:
What are you smokin, pallie!
I just want to be proud of how i earn my money, i want to do a good job and treat people right, i still have faith in the positive tumblers.
Your smart Mrs Wymzie, Grand Dad pretty smart to.
How to capitalize on someone else's misery...get it for a steal...and turn it into a puke rental to further ruin the neighborhoods.
The local scum version of the Wall Street scum.
FYI, folks, people losing their homes run the gamut, including people who bought a home within their means, had good credit and all that stuff Wymzie's talking about...but they've lost their jobs or have no health care. I know folks who are losing their houses because of medical bills.
Then there's the McMansion folks losing their homes. They ain't ACORN material.
If you're gonna blame, spread the blame around.
Sign me,
Po' but honest and just holdin' on.
So why are the people buying houses for sale at a legal auction or contractually ripping former homeowners off? To me it would seem to help jump start the local economy by providing jobs to local craftsmen who have been out of work or slwing down. Its adding another tax PAYER not an entitlement expense. Yep, count me in!
Post a Comment