Will John Make It?

I don’t know about you, but I am sick and tired of the newspapers printing false and sensationalist articles about short sale investors and how they’re, “Taking advantage of the banks!”  What a load of crap!  Just once I’d like the newspapers to print the truth!!!!

NEW HOPE FOR HOMEOWNERS: SHORT SALE FLIPPING
By I.B. Truthful, Staff Writer

Property owners across the state are being saved from the clutches of greedy bankers who having already fleeced taxpayers for $billions, are now looking to squeeze the last nickle out of owner’s pockets by creating hysteria designed to frighten off legitimate investors who are helping them to arrange short sales.

For six to eight months of grinding and grueling work, attempting to deal with bankers who purposely throw up every obstacle conceivable to thwart the process, investors are helping save the little guy from foreclosure.

Without charging the homeowner a penny, they take on the herculean task of trying to get the banks to approve short sales. These investors risk their time and money for 6-8 months at a time, with absolutely no guarantee of a payoff in the end.

These investors only make money if they are able to resell the properties they purchase, and while payoffs are sometimes large, (exceeding $20k-$30k occasionally) the more typical profit spreads to the investor are only $5k-$9k for months of effort.  Best of all, the greedy bankers who caused the nation’s financial crisis get to pick up the tab for once.

Wake up people — you are being duped by the bankers and their media bedfellows to believe their propaganda that what is bad is good (bankers) and what is good is bad (short sale investors).

It’s a clear-cut example of one corporate entity protecting the interests of another corporate entity at the expense of the common man.