Free Teleseminar Begins Very Soon!
Published: Tue, 07/19/11
The free teleseminar on the proposed Federal Reserve rule
that could effectively prohibit seller installment sales
of property (seller "financing") begins in less than 3
hours. NOTHING WILL BE SOLD.
It starts at 6 p.m. Pacific / 7 p.m. Mountain / 8 p.m.
Central / 9 p.m. Eastern time TONIGHT, Tuesday.
To listen in, call (712) 451-6000, Access Code: 903809#
when it starts in your time zone (Magic Jack may not work).
If you have questions you may e-mail them to me any time
before or during the teleseminar: wjm@PaperSourceOnline.com
More information on the issue is here: http://bit.ly/nxf0Jq
Please leave a comment on that page and also, even more
important, go here and tell the Federal Reserve to exempt
individual property sellers from the rule:
http://snipurl.com/AbilityToRepay
The deadline to comment to the Fed is this Friday, July 22.
When the SAFE Act came out it was unclear whether or not
you could use seller financing on property other than your
personal residence. I am told by a regulator that HUD was
stunned by the 5000 comments we all sent. And we won!
Their final rule says you can use seller installment sales
on any of your properties.
We need to make sure that the Fed gets the message as well.
Thank you for your help!
Regards,
Bill
W. J. Mencarow
President, The Paper Source, Inc.
www.PaperSourceOnline.com
www.cashflows.org
P. S. Again, the free teleseminar begins very soon.
Check the time for your time zone (above) and call in
when it starts.
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