Here’s the (my) Answer to WHY
Banks Make Such Crazy/Illogical/
Sometimes Stupid Decisions! (Part III)
Second:
This will be a little political but bear with me. It (as most of
what I do and say) is based on data. It’s drilled in me. Data
shows what works and what doesn’t work. It shows the bank
whether my offer is a good offer or not.
So here’s my scoop
You know/understand that
- Fannie
- Freddie
- HAFA
- HAMP
- FHA
- TARP
are all tied to the government, The Federal Government. They took money from
the government and are now beholding to the government…even if they did
pay back all the money borrowed. They are still getting benefits and probably
owe them things we don’t know about. I know you do know that.
It’s just important that you remember that for my following reason.
Just recently, President Barack Obama appointed Dr. Don Berwick to the position of
Head of Medicare and Medicaid for the US Federal Government. Obama
appointed him and skipped the Confirmation Process. Dr. Berwick was just
appointed. No opposition. No opportunity to discuss any opposition and for
those reading and feel I’m being biased, no opportunity for the positive side of
his life either and the good he has brought in the past and could bring to our
country in the future.
And now you are wondering “what does a new Medicare appointee, health
care division have to do with banks making stupid decisions and the real
estate business/market.” Am I right? Hang on and hold on. I’m getting there.
In a speech Dr. Berwick made on July 1, 2008, at the NHS National Health Service
single payer health system in Great Britain, he said and I quote
“any health care funding plan that is just, equitable, civilized and humane must MUST
redistribute wealth from the richer among us to the poor and less fortunate.
Excellent health care is by definition redistributional”
He said this about Britain who has a 600% higher prostate cancer death
rate than the US.
He also talks about the current American Health Care system as “running
in the darkness of private enterprise.” Is this how they might see the real
estate industry? Redistribute the real estate to the poor and less fortunate
because they believe private enterprise can’t do it…without government
help?
Don’t take my word for it. Here is the link http://www.redstate.com/ben_domenech/2010/05/12/obama-nominee-donald-berwick%E2%80%99s-radical-agenda/
Last I remember to “redistribute wealth” was a communist belief. And, yes,
he said this two years ago. Yes, a leopard can change their spots. Yes, yes, I
could be reading way too much into this, but what if I’m not?
What if this has been the plan all along
- to take over America s-l-o-w-l-y, one business at a time?
- And re-distribute wealth?
Small business are failing. Ask a chiropractor, a doctor who
accepts Medicare patents, etc. Look
at your local malls and count the empty stores. Let’s see, they have
- General Motors, Chevrolet, Cadillac, Buick, GMC, etc.
- Chrysler, Jeep, Dodge, Ram, etc.
- The banks, Freddie, Fannie, FHA, all the defaulted notes are now owned
by the government - Land 20%+ of the US currently
The Government Wants To Own More Houses
Are they planning on “giving houses to government employees” or giving houses
to welfare? They could do this…in exchange for their vote.
Did you know the government is “renting” houses to tenants when their
landlord’s rental property has been foreclosed? The government is widening their
horizons.
Did you know the government owns 20-30% of the land of this country?
If we have to have the government approve everything,
we have lost our freedom.
If the government does own 1/2 of everything in the country, do we have the
ability to buy things? Houses, businesses, land? or is our only choice
to work for the government and lose our freedom?
This would make more people go into foreclosure, less people to buy houses,
more houses in foreclosure to give to the poor and take from the rich.
If the banks have been instructed to take back as many houses that don’t met
the stringent criteria then the government will own even more houses.
Don’t get me wrong. I pray I’m wrong. I pray more and more people see what
is going on and their is still time to stop it.
I’d love to hear your comments.
We and my students are still closing short sales. We are still doing
double closes. We are still make $20,000 to $30,000+ on double
closes. But not as often as we did because of some of the bank’s
restrictions and their silly decisions.
I will continue to do short sales. We are helping homeowners. We are
buying, selling, renting, houses and making money. We are making profits!
We are just being more selective in the houses and banks we do work with.
I’ve got 3 scheduled to close in August that we will be making
$20,000 plus. There are opportunities. It is only over when we quit.
I’m not quitting and I won’t let you quit either.
Once you know the potholes, it is MUCH easier to go around
them. This is exactly what we talk about and more on the
coaching calls. Are you ready to sign up?
You don’t want to be working short sales without some insider
information. Get it on my coaching calls. Call NOW!
513-868-1275 ( I know it’s not an 800#. Call it anyway!
Deb McMillan
The Short Sale Queen® and Coach
Get Started with Short Sales
Sign Up for Our Next Coaching Program Now
ShortSaleQueen
Recent Comments