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COLLEGES, MALLS & REVERSE MORTGAGES

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COLLEGES, MALLS & REVERSE MORTGAGES

ANOTHER COLLEGE SHUTS DOWN FOR GOOD !

10,000 STUDENTS HOLDING THE BAG !!

Business News:

Anthem Education Shuts Down for Good

MY NOTE:

THEY KNOW THE DOLLAR WILL COLLAPSE

THEY KNOW MALLS WILL GO BROKE
THEY KNOW ALL ‘BIG’ RETAILERS ARE
MOVING TO THE “NET”

THEY MAY KNOW THAT MALLS WILL BE BLOWN UP

BY TERRORISTS
THEY ARE EITHER HURRYING TO BUY TERRORIST INSURANCE
OR CONVERTING TO “MINI” APARTMENTS TO KEEP AFLOAT !

Country’s First Indoor Mall Converted to Micro Apartments

===============================================

Legal Update: New Rules for Reverse Mortgages

MY PERSONAL NOTE ON REVERSE MORTGAGES

IT’S ANOTHER GOVERNMENT TAKEOVER OF YOUR EQUITY & PROPERTY

IT’S ANOTHER GOVERNMENT SCAM

JUST LIKE STUDENT LOANS

Some of the following info – comes info effect

according to ObamaCare’s plan

could be 2014-2015- 2016

Check ObamaCare and find out

HERE’S HOW THEY DO IT

1.

THEY ARE LOANING YOU $$ ON YOUR OWN EQUITY

Similar to handing someone your credit card

when you have an A+ rating

and them sending YOU a monthly payment

from what they USE on your card

and YOU pay all the bills

How dumb is that ???

2.

THEY GIVE YOU MONTHLY PAYMENTS

3.

YOU

PAY ALL TAXES YEARLY

( taxes are now under Corporate Tax offices

private corporations

which do not re-appraise anything

they just continue to jack up taxes

at their own discretion )

Don’t miss a payment or they

have your home

4.

YOU PAY INSURANCE ON YOUR HOME

( Insurance companies are private corporations

and now have a free hand to jack up rates

at their own discretion )

5.

WHEN you and your husband get a reverse mortgage

ONLY the ELDEST of the TWO sign the mortgage papers.

IF the ELDEST DIES, the husband is OUT THE DOOR!

The husband ( or wife if  eldest) is put on the street

IF they can NOT come up with a new mortgage

to BUY their home back

That’s the truth

MANY elderly people LOST their home in this

“fast card trick game”

and had to go live with their children or

to a nursing home !

6.

You can’t have more than 5 acres

You can’t have excessive equity

or they won’t do the deal.

7.

If you have a WELL – well water pump

YOU MUST SHUT IT DOWN AND

RETURN TO CITY TAP WATER

8.

THEY WILL INSPECT YOUR HOUSE YEARLY

AND TELL YOU WHAT “YOU” MUST REPAIR

AND THE TIME LIMIT YOU HAVE TO REPAIR IT

OR THEY TAKE YOUR HOUSE

Need a new roof ?

Maybe you don’t really need a new roof

BUT THEIR WORD GOES

get the picture ?

9.

Hurricane or storm damage ?

you are dealing with Corporate insurance

companies.. you may end up having to

pay — can you afford to?

Remember, you have to meet gov.’s

timelines

10.

When ObamaCare kicks in concerning

housing…. They have new CODES

for ALL HOMES and you must bring

YOUR home UP TO THEIR STANDARDS

which were written to

BREAK YOU

YOUR home will be inspected

THEY will TELL YOU

what YOU have to have done,

and YOU will pay for it.

YOU MUST

use their list of contractors

and NO one else !!

If YOU do not OBEY

you can kiss your home good bye

YOU ALSO WILL NOT BE ABLE

TO SELL YOUR HOME UNTIL

IT MEETS THEIR REQUIREMENTS

11.

IF YOU SELL YOUR  HOME YOU

WILL PAY AN ADDITIONAL

3%  AT CLOSING

TO OBAMACARE

12.

IF YOU LEAVE YOUR PROPERTY

TO YOUR FAMILY

YOUR FAMILY MUST GET A

NEW MORTGAGE

TO BUY IT BACK

WHO CAN BUY ANYTHING

BACK, IN THIS ECONOMY??

THINK ABOUT THIS:

IF YOUR EXPENSES ON YOUR

PROPERTY

EXCEED THE SMALL MONTHLY PAYMENT

THEY ARE SENDING YOU

WHERE DOES THAT LEAVE YOU?

THEY WANT YOUR PROPERTY

THEY WANT ALL AMERICANS

TO BECOME RENTERS

THEY WILL CONTROL THAT TOO !!

REALTORS “PUSH” REVERSE MORTGAGES

E-Z SALE & COMMISSION

NOT HELPING YOU !!

I understand that they are “re-writing” Reverse Mortgages

I have NO idea what they are changing or adding
ACCORDING TO THE ARTICLE ABOVE
THEY ARE CORRECTING SOME OF THE THINGS I’VE MENTIONED
BUT IS THIS IN EFFECT YET?
WHAT OTHER HOOKS HAVE THEY ADDED TO IT?
SEARCH DEEP !!

It’s up to YOU to get the REAL facts & make LOGICAL decisions!


DON’T BELIEVE ANYONE — NOT EVEN ME
CHECK THE FACTS FIRST



“Only those who see the invisible……

                        …….Can do the impossible ! “

IN GOD WE TRUST

jbs-9-7-2014


Source: http://nesaranews.blogspot.com/2014/09/colleges-malls-reverse-mortgages.html



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Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


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