Real Estate Reality Radio  

On today's Real Estate Reality Radio Show, Susan Pryor, Division Manager of Homeowners Mortgage of America enlightened us on the new housing bill and what it means to homeowners and investors.  If you are looking to purchase a home or to sell a home, take advantage of the down payment assistance programs while they are still there -they end in October.  

Susan shared various funding programs available for homeowners and investors.  It was surprising to hear about the flexibility of some of the programs and the creative ways that borrowers are getting funded today with the right lender. 

Susan also made contrasts and comparisons of FHA, Fannie Mae, Freddie Mac, conforming, and nonconforming, as well as, shared with us the difference in working with mortgage brokers vs. banks vs. direct lenders.  Susan is a direct lender, which gives her a lot of control over the underwriting process and makes getting a loan a smooth process.

Things are changing rapidly with housing and lending programs, which means that you need a knowledgeable lender to navigate the market today.  Call or email Susan today!

Susan Pryor
Division Manager
HomeOwner's Mortgage of America
Phone: 678-738-0516
Fax: 678-220-1519
spryor@cfmgihome.com

The new housing legislation -what does it mean to you? Things are changing fast in today’s market and there are some urgent items that you need to know about with the new laws. These laws impact investors and homeowners. There’s good news and bad news. Listen to find out how you can use these laws to your advantage. Susan Pryor, the division manager for Homeowner’s Mortgage of America, is very familiar with new laws that impact purchasing homes. Susan has provided several trainings on this information and will be our guest this week on Real Estate Reality Radio. Don’t miss this exciting show – we’ve got some news you can use – but time is running out to take advantage of some of the programs available. Listen, learn and act (fast)! Join us this Thursday, August 21st at 1PM EST on Real Estate Reality Radio.

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Real estate investors are being negatively impacted by new laws that are being passed every year.  A number of states have banned Lease Options and Subject To transactions.  States are also passing laws requiring  mandatory inspections of rental properties, as well as, limiting deposits, late fees and more.  These are only a few of the issues that we discussed today on Real Estate Reality Radio. 

Steve Jordan, president of the Georgia Real Estate Investors Association Political Action Committee (GaREIA PAC), was our guest.  Steve has a long investing history and is extremely knowledgeable about the legislative issues brewing in today's market.   He shared a great deal of knowledge about the laws being passed, as well as, methods on how to get involved.

Georgia has been able to prevent many of these unfavorable laws from  being passed due to the fact that we have a Political Action Committee (PAC) and a lobbyist working on our behalf.  Steve talks about how a PAC works so if you're interested in having one in your state, listen!

PACs do require donations to survive, if you would like to donate to the GaREIA PAC, please, do so by sending a check to:

GaREIA PAC Inc.
3920 Peachtree Rd.
Atlanta, GA 30341

PACs also raise money from fundraisers.  If you have a great idea for a fundraiser, please, post a comment here and let us know about your idea!  

For more information on nationwide legislative and educational efforts, visit The National Association of Responsible Home Rebuilders and Investors (NARHRI) website at http://www.narhri.org/index.html.

States across the country have passed numerous laws to stop investors in their tracks; and new laws are on the way. Investors must be aware of the do's and don'ts impacting their investing strategies. Learn what’s going on and how you can get involved to protect your investing business.