Announcing a new Meetup for Austin Real Estate Investing & Cashflow Meetup!
What: IMPORTANT!!! Foreclosure Rescue Fraud Prevention Act (SB354)
When: March 3, 2009 3:00 PM
Where: Click the link below to find out!
Meetup Description: Texas Legislative Summit
Real Estate Investment Leaders and Investors of Texas
are being called to a special meeting
March 3 and 4, 2009, in Austin, Texas
Texas State Senator Craig Estes and Attorney General Greg Abbott introduced this last December the "Foreclosure Protection" bill, the proposed Foreclosure Rescue Fraud Prevention Act (SB354) which will be debated during the upcoming session of the state legislature.
The bill as currently written requires real estate investors to pay a minimum purchase price of 82% of fair market value to a home owner facing foreclosure along with other stipulations. It is imperative that our state legislators hear from real estate investors about this proposed act before making any final decisions or votes.
National REIA and HomeVestors are hosting a Texas Legislative Summit with some key legislators to discuss the plan. Please plan to attend and voice opinions and concerns on this matter directly to some key legislators during the Texas Legislative Summit.
The event will be March 3rd and March 4th at the Doubletree Guest Suites Hotel next to the capitol in Austin, Texas. To register for the event visit
http://www.nationalreia.com/clubportal/EventDisplayNew.cfm?clubID=795&EventID=82582&mo=2&tdate={d%20%272009-02-05%27} For questions or more for information, contact
RICH Legislative Affairs Director David Smitherman at [masked]
Learn more here:
http://realestate.meetup.com/609/calendar/9810835/