UPDATED 12/1/10
I’ve published an analysis of the SAFE Act, How The SAFE Act Affects Seller Carryback Notes: Strategies For Note and Real Estate Brokers & Investors. It addresses questions such as:
* Do you need a license?
* How does the SAFE Act affect you if you want to buy, create or broker seller carryback notes?
* How many seller finance deals can you do?
* Can you legally get around the SAFE Act?
* Plus solutions to many of the questions we have all been asking ourselves!
* And many more ideas you may not have thought about …
I’ve included 7 bonus documents:
- SAFE Act FAQs
- Text of the Federal SAFE Act (PL 110-289)
- HUD Model SAFE Act for States
- HUD Commentary on Model SAFE Act
- HUD Report to Congress On SAFE Act
- Proposed SAFE Act Rule
- Congressional Letter To Conferees
133 pages. It’s available for $9.95 at https://papersourceonline.com/safeact/
I just downloaded this e-book package. It looks like it has all of the information needed to make an informed decision on how to proceed under the SAFE Act.
I can’t wait to fully digest and write an additional comment.
Fred Hobbs
Licensed RMLO
Texas Mortgage Capital Corp.
866-493-5300
http://www.txmortgae.com/SAFEmortgageact.html