The Great Reset | The Plan To Seize Private Property (New Insane Bill)
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Real Estate investing has been a favorite past time of the middle class as they would buy their first home as a first time home buyer and some would move onto becoming a small property investors perhaps investing in multi family real estate or commercial real estate. However now that is changing in Ohio as the entire real estate landscape is set to change with a new bill that will change everything we know about buying foreclosures or bank owned homes. With this new bill there will be limitations on who is allowed to buy foreclosures and how that entire sales process would work. As it is written in this bill, the only options are the renter, an institutional investor after a 45 day waiting period or non profits or the state. Other home buyers are not considered in this equation. What will this mean for property sellers int the state of Ohio or any state for that matter as these changes are coming everywhere.
I wonder what real estate and property investing will look like for those that currently own properties that intend to later sell or want to refinance their properties as interest rates increase and they are unable to secure financing. Will they have the same rights upon their sale? Will this go to all states in America?
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