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"My realtors told me that some 'investment group' had bypassed the listing agent, gone straight to the bank, and put an offer on the house that was higher than ours," Painter wrote in a letter detailing the ordeal. "And the bank had taken the offer.
1 posted on 06/20/2009 3:42:01 PM PDT by NewHampshireDuo
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To: NewHampshireDuo

"I couldn't believe that," Painter said when she looked up "Home Steps." "They're supposed to be helping the little people, like us, but then they go ahead and do this.

Not quite like you.

2 posted on 06/20/2009 3:49:19 PM PDT by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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To: NewHampshireDuo

Sometimes maybe an “investment group” is just a local realtor that has a special relationship with a local bank and can swoop in and produce the perfect outbid at just the right time.


3 posted on 06/20/2009 3:58:20 PM PDT by countess
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To: NewHampshireDuo
Go to the county tax office, they know who bought the house. Taxes has to be collected from somebody.


4 posted on 06/20/2009 3:59:13 PM PDT by darkwing104 (Lets get dangerous)
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To: NewHampshireDuo

Now they know why we didn’t want Obama or the current Congress elected. They are nothing but crooks and Freddie Mac people and that investor should be in jail.


5 posted on 06/20/2009 4:11:58 PM PDT by freekitty (Give me back my conservative vote.)
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To: NewHampshireDuo

There are nine kajillion other modest, affordable, slightly neglected fixer-upper foreclosed houses for sale in your area, wherever your area is. Stop complaining and go buy another one.


6 posted on 06/20/2009 4:12:25 PM PDT by ottbmare (Ein Reich, ein Volk, ein Obama! (If you're old enough, you'll understand the reference))
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To: NewHampshireDuo
I know of the exact same scenario that happened to a family I used to know, in the same state. There's a good ‘ol boy network alive and well in the back woods of NH now that the ethically challenged Libs have made inroads. I bet the bank is very familiar with the “party” that “bought” it, too.
9 posted on 06/20/2009 4:22:18 PM PDT by Melinda
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To: NewHampshireDuo

I hope there’s still some newspaper out there that will be willing to stay on this story in spite of the fact that Freddie Mac is a liberal organization.


10 posted on 06/20/2009 4:23:02 PM PDT by GOPJ (Chubby people live longer - by years! Hey food police - we're putting a tax on tofu and sprouts!)
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To: NewHampshireDuo

Place was empty for over 2 years and johnny-come-lately Freddie Mac (demoncRAT campaign contributions company & rahmbo’s alma mater) sneaked in a deal that amounted to $2,000 over the current bid. Somebody pulled a fast one over this couple. Hope it’s investigated thoroughly.


11 posted on 06/20/2009 4:24:57 PM PDT by lilylangtree (Veni, Vidi, Vici)
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To: NewHampshireDuo
Earlier this year, their cramped mobile home growing smaller every day, Milford couple Lora Painter and Nick Dumont

Couple or husband and wife?

16 posted on 06/20/2009 4:35:29 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: NewHampshireDuo

I don’t know if the exact term is “letter of intent” or “earnest money” or whatever, but if the person in charge of selling the property took more than $1 from the couple, they are in deep doo-doo.


21 posted on 06/20/2009 5:03:11 PM PDT by ikka (Brother, you asked for it!)
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To: NewHampshireDuo

Henry Ford:
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

I think they should write a letter to Barney Franks and to 0bama describing the situation. I’m sure Bwaney could “fix” Freddie Mac.

AUDIT THE FED
AUDIT ACORN
AUDIT OBAMA
AUDIT FREDDIE MAC
AUDIT FANNIE MAE

(my poster board is running out of room)


24 posted on 06/20/2009 7:11:02 PM PDT by HighlyOpinionated (Sarah Palin and Michele Bachmann in 2012. With Liz Cheney as Secretary of State.)
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To: NewHampshireDuo

Sounds like they have some deal with the Freddie Mac with a kick back from all there money they would make with a 30 year loan or something like that. The real estate agents and banks do not want us buying houses with cash, they want to keep the prices inflated which only the average buyer could buy with nothing short of a 30 year loan, which the banks make tons of money with on interest. Same with the automotive industry they don’t want you buying the cars with cash because they want to make a bunch of money from you off the interest.


25 posted on 06/20/2009 7:56:18 PM PDT by ReformedBeckite
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To: an amused spectator

In a different time - when the state run media wasn’t on Freddie Mac side - wouldn’t this have been a big story?


26 posted on 06/20/2009 7:57:56 PM PDT by GOPJ (Chubby people live longer - by years! Hey food police - we're putting a tax on tofu and sprouts!)
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To: NewHampshireDuo
Whether laws were broken or the whole thing grew out of a series of misunderstandings or missteps isn't known at this point.

There is obviously something missing here. If the seller signed the contract, then the seller can be sued for breach of contract. Case closed. I'm not buying this story.

27 posted on 06/20/2009 8:03:44 PM PDT by Lancey Howard
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