This was an April Fools Joke.
Did you hear about the new real estate ban signed by President Obama earlier today?
In a bizarre, shocking and unexpected move today, President Obama signed a bill today outlawing ALL Creative Real Estate techniques.
The ban will take effect beginning in September 1, 2010.
He followed by saying, “These investors must be dealt with. And no longer will we tolerate American homeowners being a target of blood hungry real estate investors.”
Obama was hit with some harsh criticisms from the right, leaving real estate investors in complete disbelief.
As far as I can tell- it looks like all wholesaling activities, lease options, and buying homes from homeowners facing foreclosure is a thing of the past beginning Septemeber 1, 2010.
Plus, there will be no more short sales to investors – all short sales must be sold to the person occuping the home. And to make matters worse – all foreclosure properties can now only be purchased from homeowners planning to live in the home as a personal residence.
Seriously I wished Obama would worry more about the country’s trillion dollar debt, and the war instead of screwing around with honest real estate investors.
This really gets my blood boiling – I’d love to hear what you think-
But more importantly – what can we do? I feel we need to band together to fight this new bill.
Let me know what you think – comments are open below-
I was appalled when I read this. Is there anything we can do to fight this bill? This will so negatively affect so many people… I just dont understand….
This is April Fool Joke, right? No one could be that disruptive to real estate’s recovery. Tell me your kidding, please!
Arggg. This is bs. Why would he do this?
What bill are you referring to, specifically?
I can’t find anything on it.
What is this an April FULLS joke?
I think this article is some demented buffoon trying to play a joke. No one can be that stupid to sign such a bill. Many of the foreclosures and Short Sales couldn\’t possibly be owner occupied because of the current condition. I would challenge the author to produce a credible source.
I was afraid this president would pull something like this. This man is anti-capitalist to the core. His very intent is to ruin this country and our economy with the stroke of his pen. That has been evident since the beginning of his campaign. This ruination of our people must stop!
Yes this is an April Fools joke.
Hope you were able to laugh a little today…
Sorry for any confusion – I’ll make it up to you guys with a really cool video next week.
Later
Derek
You stupid, ignorant fool. Can’t find something better to do?
Unsubscribe me from your idiotic e-mail list, you jack ass…..
Derek, the ass hole…..
Reginald – lighten up. This was all in good fun.
Hey Derek – Nice Prank.
Reginald – if you’ve been on this email list for any time – then you know there’s always been a sense of humor in the videos and his post.
You’re the idiot here.
You should have suspected something since yesterday was April 1. Wait – your head was probably stuck up your butt.
Pat
Ha….Ha….Funny man arent we
Reginald – deleted you per your request.
But you really needed to loosen up and start to laugh a little.
It does the body good.
http://www.govtrack.us/congress/bill.xpd?bill=h111-1728 i thought you were talking about this bill……………
it seems as if reginald doesnt need to be apart of this group.
You bastard! =)
Read most of it before I saw the April Fools joke and it’s now June so I was totally fooled. I hate you for scaring me half to death =p.
Reginald must’ve been an Obama supporter, easy to recognize: quick to throw name calling around. I realize the joke is almost 2 years old and STILL the chief continues to prove over and over – NObama 2012!! More of his comedy act in his State of the Union tonight! Can’t wait to hear his blatant lies of campaign promises in attempt to pull the wool over the American’s eyes of what he’s really about.