Archive for August, 2002
Real Estate Investment Notes

Politics: Could one State Block NAFTA @ US Supreme Court by asserting it’s Soverenty over foriegn Investment?
Who has prevailing constitutional rights, a state in the US or Foreign investors?
A state does not have the right to enact treaties, but it does have the right to establish the conditions for use of it’s own “real estate”.
http://www.youtube.com/watch?v=wVFfDVk6OoU
http://www.freedom.org/articles/corsi-806.shtml
“Critics have recently argued that plans to form NAFTA Super-Highways in the United States were largely “urban legend,” or just pure “hype.” These same critics note that many state departments of transportation are strapped for cash, and that states North of Texas have no current plans to build super-highways, extending the Trans-Texas Corridor (TTC) North to Canada.”
Two answers–1) The interstate commerce clause has long been a “catch-all” for anything the feds want to do…if they can REMOTELY argue that something affects “interstate commerce,” they regulate it; 2) unfunded mandates–they can just say to State X, “OK, you don’t want to do what the federal government says to do, fine…but if you don’t we will not give you_____________ (fill in the blank, highway funds, whatever) until you do.”
Private Hard Money Lending – Self-Directed IRA Information
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Fast Cash: How I Made a Fortune Buying Notes $12.27 This intriguing book is not just another get-rich-quick scheme: the Fast Cash is what you pay, not what you get! And what you pay Fast Cash for is notesvaluable and legally binding promises to pay, secured by real estate, and bought at a discount. Then you collect the full amount of the note, usually in monthly payments, and earn a handsome profit. Lorelei Stevens is one of Americas p… |
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Short-Sale Pre-Foreclosure Investing: How to Buy No-Equity Properties Directly from the Bank — at Huge Discounts $24.95 Due to the wave of refinancing and subprime lending in recent years, and the subsequent fall in home values, millions of properties are worth less than their mortgages. The only way for these properties to sell is through a “short sale,” in which the bank holding the mortgage agrees to sell the property at a loss — to a savvy investor. Banks will do this because they need to get “upside down” loa… |
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The Mortgage Encyclopedia : The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition $24.95 The bestselling one-stop guide to mortgages-updated for the post-housing crisis market! The Mortgage Encyclopedia demystifies all the various mortgage terms, features, and options by offering clear, precise explanations. Fully updated to address the new realities introduced by the housing crisis of 2007, The Mortgage Encyclopedia provides not just a complete description, but also in-depth disc… |