Creating and managing the new United States Sovereign Home-Owner Investment Trust
September 21, 2008 Sean Lewis All real estate properties included to the Trust should be submitted at the value of the tax assessment value. The homeowners new rent will be based on the tax assessment value. The original homeowner has two years to purchase back the property at the tax assessment value. If the original homeowner purchases the home it is with the understanding they can not sell the property for 5 years. If forced to sell the property it will be at the tax assessment rate. This prevents flipping. The financial institution can hold the certificate and receive interest until majority or sell the certificate of the trust. After 2 years the US government may sell the property at fair value market rates. The profit goes to the treasury. The length of the certificates will be 5 years. This stabilizes the real estate market. Gives homeowners a chance to reclaim their homes. Punishes the financial institution for not doing proper due diligence, put also allows them to mark to market the value of their holdings. It also allows the treasury to receive a fair return for it's risk. This is one solution to the US SHIT! --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
