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Heres a horse idea

There are two things the Obooma team needs to look at...

a)Extending the tax credit for 24 months for first time buyers,, (Not first time buyers in a few years...)

b)it's great the government is spending billions keeping people in homes even though they cannot pay a dime to a bank..
However... Banks will Not sit back for the next decade and let this continue...
And in the mean time, those with long-term jobs and a (let's say) rebuilding fica of 615, cannot receive financing because banks cannot afford to lend...

Sooo.. Mr. Obooma.. Here is my one time plan..
Allow American's a one-time only clean credit slate, and move them to a score of 650 to start..

UNLESS they are in a distressed property they own... Then allow a maximum of 150 days before foreclosure can occur.. This gives the 30, plus 120... days before the boot…
Then billions are NOT spent, people don't lose their homes, banks can lend, and it’s a beautiful world.. The end...

PS.. Realtors is capitalized... and is normally spelled out as REALTORS or Realtors… not to be confused with a non-Realtor, Real Estate Agent.. There IS a different… One has to follow a strict code of ethics and offer compensation to other agents, and one (the non-Realtor) can pretty do whatever shady transaction and con they wish, commit crimes, etc.. until getting caught by the state commission…
I am NOT a Realtor, but I have been burned by someone who wasn’t and know that I won’t talk to anyone unless I can identify for certain that they are an Active Realtor by looking at the agent search thingy on the Listing Service’s local site…
The value being, is you won’t get screwed over by a Realtor and they have had to prove they know what they are actually doing… a real estate agent who is not a Realtor, just has to pass a test… From what I know, the listing service (the place where the Realtor has to be a member) even does strict background checks on new Realtors to make sure they aren’t a con artist.. and the Realtor has to go through allot of required classes.. The flip side.. The agent.. Only needs to pass a test one time… That ought to tell you why you have to use a Realtor.. because even in a dual agent thing situation.. (When they work for you and the person selling a house) they MUST work in both your best interests…
But that site at thewilmingtonmls.com has a find a Realtor link that will let you know if your Realtor is actually a Realtor… The site tries to explain the benefits of using a Realtor but was poorly composed… The info is there.. You just have to spend a half a day getting through it.. But that’s any site these days.. Too much junk..
But the Realtor search is easy as pie..

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