While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user groups that are funded, maintained and controlled by the timeshare industry.
The FHA 203k loan program provides home buyers the opportunity to buy and fix up a property, without exhausting their personal savings.
Two things - one it would be great if everyone were angry, sadly too many who aren't struggling pay no mind to how badly TARP was mishandled, benefiting banks in a major way.Secondly, vs coming up with a huge Dodd/Frank mess, ornerous regulations affecting EVERY home owner, changing the lives of professional mortgage originators and with HVCC appraisers' livlihoods - wouldn't it have been grand if those who erred, cheated, or otherwise sinned were simply punished. From the get go it was obvious to those of us in the field that the approach to paint everyone with one broad brush was going to slow down recovery even more. Meanwhile, no surprise, banks are still reaping what has been sown by Dodd Frank, TARP, HVCC. Nice!