I'd say it's the #1 mistake most make when sending an email...
I'm talking about focusing inward on yourself instead of outward on your prospect or customer.
I was reminded of it as I drove by a local sub shop.
"Under New Ownership" read the huge sign covering most of the front of the store.
Well, isn't that special.
Nothing about a "Grand Opening 25% Discount."
Nothing about "Your meal in 3 minutes or less, guaranteed, or it's free."
Nothing about "Check out our new spotless open kitchen - the cleanest in town."
At the very best, "under new ownership" might be mildly appealing to the small group of customers who were somehow disappointed with the previous owner.
But is that really the Big Idea you want to send to the world?
I'm sure the new owners are excited about their new venture. But in their excitement, they need to address what that means for the customers they're trying to attract.
Just saying "Hey, here we are!" is not exactly going to blow the world away.
When writing a headline, remember... Read the copy and then imagine your prospective customer thinking "And for me, that means _____."
If the answer isn't a powerful benefit, then your copy is not doing its job.
More Home Seller Assist tips at http://homesellerassist.blogspot.com
Showing posts with label temporary seller financign. Show all posts
Showing posts with label temporary seller financign. Show all posts
Saturday, November 8, 2008
Wednesday, November 5, 2008
Foreclosed Homes Turn Into "REO" Or "ORE," Which Are Bank Owned Properties
If you have a mortgage and failed to repay the monthly payment, you are in the risk of getting a foreclosure. The lender, mainly the banks will file for Notice of Default and there is nothing you can do once the foreclosure is finalized. However, there are many ways you can avoid and stop a foreclosure from happening. You can find out more about this online or get a professional point of view in this matter.
When a foreclosure happens, the lender such as the banks will take over the properties involved in the foreclosure and try to sell it off at the foreclosure auctions. A foreclosure auction is going to take place to auction off the properties to the public. Before the auction take place, you will be able to see many advertisements whether in the newspapers, billboards and even online banking portals. Some of the legal paper are good places to look. In the Twin Cities area, you would want to look at Finance And Commerce as well as the St Paul Legal ledger to find properties that may become bank owned properties.
However, most of the properties have no buyers as the price of purchasing the mortgage is much higher than the market price. Therefore people are not interested in the properties that are more expensive than the market price for similar properties. Why would you pay more for the same property? Unless of course, the banks are willing to reduce the price, and this is usually what happens. Since marketing a home for more than it's worth will give the bank no chance of unloading the property.
There is no way the banks can get people to buy the properties unless they make their property more attractive. In order to solicit an offer, banks often sell at slight discount to true market value-10-20% of a discount on such properties. Investors and the consumers do their homework. The internet and the data it provides is the great equalizer.
Real estate owned or "REO" (also referred to as "ORE" for owned real estate) describes one of the classifications for property owned by a lender. Normally the lender is a bank and the property becomes repossessed by the bank after an unsuccessful sale at a foreclosure auction. This is a normal process as most of the properties in the foreclosure sale are worth less than the amount supposedly owed to the bank.
Therefore people are unlikely to buy such properties and the properties end up in the bank's inventory. The minimum bid for the foreclosure properties is the same as the total amount of the outstanding mortgage amount. As such, most people are not interested at all at the properties until after the sheriff's sale- no matter how enticing or beautiful the property might be.
People are smart enough to check out the market value for the similar homes before they buy it to make sure that they are not on the losing side. However, some people might think that it might be profitable to buy a property that has been foreclosured. They might think that if they can get the property at the lowest price, they can sell it back at a higher price. While good in concept, it is unlikely to happen until the current inventory is absorbed and the market starts to march forward once again.
Recently we are seeing wholesale liquidation where numerous properties are disposed of at auction. So what happen when the foreclosure auction fails? The bank will try to sell the property on its own, meaning the bank will remove some of the liens and other expenses included before the property is up for sale in future auctions. The bank might offer the property directly to the public through a Realtor. This is possibly the best way for the banks to get the properties off their listing as the chances to get buyers would be higher and market conditions will dictate the final price.
Now, from a personal point of view, the truth about many of the properties that become REO's is that most of the REO properties are in bad condition and are poorly maintenanced. You might get a REO property that has a missing door, bad or missing piping and even with broken windows as well as other things you might not want to know about. People in distress will take out their anger at the house and the bank that lent them the money so they could buy the house. These are perfect opportunities for someone with time and some cash to do the repairs. The more repairs required, generally the larger the discount.
The types of "dirty dogs" are perfect for investors or real estate agents that can recognize the potential. Banks aren't in the fix up business. They want to remove the property from their books and move on. You might want to look at these opportunities if they are selling at a low enough price to compensate you for the bad condition of the properties.
A Multiple Listing Service (MLS) is a group of private databases that contain the listing of properties represented by a real estate broker who is representing the seller to share information about the properties with other real estate brokers who represent the potential buyers. The purpose of the MLS establishment is to allow efficient distribution of information. When a real estate agent is introduced to a potential home buyer the agent is able to search the MLS system and get the information about all the homes available for sale in an area. Recently, our Northstar MLS in the Twin Cities Minnesota has created a search field specifically for foreclosed homes. This will allow you pinpoint this type of property more easily.
Why do banks want to get a Realtor to help sell off the properties in the banks inventory? If the banks have too many properties in the inventory, it will do the banks no good to hold inventory of homes-especially in a declining valuation market. If the banks get an agent to help sell off the properties, at least the chances of getting people to buy the properties would be higher, since most buyers use a real estate agent. The banks want to get rid of the properties not keep them. Banks are in the money lending business, not the real estate investment business.
Banks want to get back the money supposedly the previous owner owed them but if they can get at least half of it, they might not mind. In some cases that is better than waiting six more months and now only recovering a third. As long as they can get the money and the property off their listing, the banks would not mind to sell the properties at a lower price compared to the original pricing of the properties. The banks are getting many properties today. Yet, not many people are able to buy them because of the tight mortgage market.
When the real estate agents get the properties as a listing, they will try their best to find potential buyers so they can sell off the properties. Agents are often the bearers of the bad news, bringing in a low priced offer. The main point is to get the properties out of the banks listing inventory, as there are so many more properties being filed into foreclosure everyday. More and more people are having the problems to repay the monthly repayment for the mortgages. Eventually, things will stabilize. But, until then, the buyers have the upper hand.
Now, if you are one of those who want to buy a foreclosure property, it is very important to make sure that you know everything about foreclosure properties, the fees involved when you want to purchase, any hidden cost, additional cost and the total amount you will be paying in the end to get the property. Is it worth paying such a big cost to get a foreclosure property? It sure could be. On the other hand remember the latin phrase "Caveat Emptor"-Buyer Beware. You will have to think about it before you decide whether you want to buy or not.
Article Source: http://EzineArticles.com/?expert=John_Mazzara
When a foreclosure happens, the lender such as the banks will take over the properties involved in the foreclosure and try to sell it off at the foreclosure auctions. A foreclosure auction is going to take place to auction off the properties to the public. Before the auction take place, you will be able to see many advertisements whether in the newspapers, billboards and even online banking portals. Some of the legal paper are good places to look. In the Twin Cities area, you would want to look at Finance And Commerce as well as the St Paul Legal ledger to find properties that may become bank owned properties.
However, most of the properties have no buyers as the price of purchasing the mortgage is much higher than the market price. Therefore people are not interested in the properties that are more expensive than the market price for similar properties. Why would you pay more for the same property? Unless of course, the banks are willing to reduce the price, and this is usually what happens. Since marketing a home for more than it's worth will give the bank no chance of unloading the property.
There is no way the banks can get people to buy the properties unless they make their property more attractive. In order to solicit an offer, banks often sell at slight discount to true market value-10-20% of a discount on such properties. Investors and the consumers do their homework. The internet and the data it provides is the great equalizer.
Real estate owned or "REO" (also referred to as "ORE" for owned real estate) describes one of the classifications for property owned by a lender. Normally the lender is a bank and the property becomes repossessed by the bank after an unsuccessful sale at a foreclosure auction. This is a normal process as most of the properties in the foreclosure sale are worth less than the amount supposedly owed to the bank.
Therefore people are unlikely to buy such properties and the properties end up in the bank's inventory. The minimum bid for the foreclosure properties is the same as the total amount of the outstanding mortgage amount. As such, most people are not interested at all at the properties until after the sheriff's sale- no matter how enticing or beautiful the property might be.
People are smart enough to check out the market value for the similar homes before they buy it to make sure that they are not on the losing side. However, some people might think that it might be profitable to buy a property that has been foreclosured. They might think that if they can get the property at the lowest price, they can sell it back at a higher price. While good in concept, it is unlikely to happen until the current inventory is absorbed and the market starts to march forward once again.
Recently we are seeing wholesale liquidation where numerous properties are disposed of at auction. So what happen when the foreclosure auction fails? The bank will try to sell the property on its own, meaning the bank will remove some of the liens and other expenses included before the property is up for sale in future auctions. The bank might offer the property directly to the public through a Realtor. This is possibly the best way for the banks to get the properties off their listing as the chances to get buyers would be higher and market conditions will dictate the final price.
Now, from a personal point of view, the truth about many of the properties that become REO's is that most of the REO properties are in bad condition and are poorly maintenanced. You might get a REO property that has a missing door, bad or missing piping and even with broken windows as well as other things you might not want to know about. People in distress will take out their anger at the house and the bank that lent them the money so they could buy the house. These are perfect opportunities for someone with time and some cash to do the repairs. The more repairs required, generally the larger the discount.
The types of "dirty dogs" are perfect for investors or real estate agents that can recognize the potential. Banks aren't in the fix up business. They want to remove the property from their books and move on. You might want to look at these opportunities if they are selling at a low enough price to compensate you for the bad condition of the properties.
A Multiple Listing Service (MLS) is a group of private databases that contain the listing of properties represented by a real estate broker who is representing the seller to share information about the properties with other real estate brokers who represent the potential buyers. The purpose of the MLS establishment is to allow efficient distribution of information. When a real estate agent is introduced to a potential home buyer the agent is able to search the MLS system and get the information about all the homes available for sale in an area. Recently, our Northstar MLS in the Twin Cities Minnesota has created a search field specifically for foreclosed homes. This will allow you pinpoint this type of property more easily.
Why do banks want to get a Realtor to help sell off the properties in the banks inventory? If the banks have too many properties in the inventory, it will do the banks no good to hold inventory of homes-especially in a declining valuation market. If the banks get an agent to help sell off the properties, at least the chances of getting people to buy the properties would be higher, since most buyers use a real estate agent. The banks want to get rid of the properties not keep them. Banks are in the money lending business, not the real estate investment business.
Banks want to get back the money supposedly the previous owner owed them but if they can get at least half of it, they might not mind. In some cases that is better than waiting six more months and now only recovering a third. As long as they can get the money and the property off their listing, the banks would not mind to sell the properties at a lower price compared to the original pricing of the properties. The banks are getting many properties today. Yet, not many people are able to buy them because of the tight mortgage market.
When the real estate agents get the properties as a listing, they will try their best to find potential buyers so they can sell off the properties. Agents are often the bearers of the bad news, bringing in a low priced offer. The main point is to get the properties out of the banks listing inventory, as there are so many more properties being filed into foreclosure everyday. More and more people are having the problems to repay the monthly repayment for the mortgages. Eventually, things will stabilize. But, until then, the buyers have the upper hand.
Now, if you are one of those who want to buy a foreclosure property, it is very important to make sure that you know everything about foreclosure properties, the fees involved when you want to purchase, any hidden cost, additional cost and the total amount you will be paying in the end to get the property. Is it worth paying such a big cost to get a foreclosure property? It sure could be. On the other hand remember the latin phrase "Caveat Emptor"-Buyer Beware. You will have to think about it before you decide whether you want to buy or not.
Article Source: http://EzineArticles.com/?expert=John_Mazzara
Monday, November 3, 2008
Success Is as Easy as Flipping
Suppose that there was an almost magical switch you could flip that would put all your dreams within reach.
And I'm talking ALL your dreams...
Adding a few thousand bucks to your paycheck each week. (And who doesn't want a little extra cash?)
Whatever you want to do...
Here's your chance to get everything you want out of life by flipping houses without using your money or credit.
And I'm talking ALL your dreams...
Adding a few thousand bucks to your paycheck each week. (And who doesn't want a little extra cash?)
Whatever you want to do...
Here's your chance to get everything you want out of life by flipping houses without using your money or credit.
Tuesday, October 28, 2008
Ads Are Used for More than Advertising
Pay-per-click (PPC) ads are a cheap, easy, and effective way to advertise your business online. You can set up a Google AdWords account and have a campaign up and running in 15 minutes.
These three-line ads (which appear at the top and to the right of Google's search results) can also be used to "market test" the effectiveness of almost anything.
Products, product names, prices, copy, websites, offers - all can be tested with PPC.
For example, you can test two different headlines for a promotion for an upcoming conference. You just insert each in a separate PPC ad. The ads will appear when users type in the appropriate keyword in Google. (In this example, it could be "Home Seller Assist.") The headline that is clicked the most is the "winner."
You've let the market decide which headline you will use when you roll out the promotion. And you can make a reasonable assumption that it will attract the most buyers.
As I said, PPC can be used to test almost anything. Let the market decide which title to use.
These three-line ads (which appear at the top and to the right of Google's search results) can also be used to "market test" the effectiveness of almost anything.
Products, product names, prices, copy, websites, offers - all can be tested with PPC.
For example, you can test two different headlines for a promotion for an upcoming conference. You just insert each in a separate PPC ad. The ads will appear when users type in the appropriate keyword in Google. (In this example, it could be "Home Seller Assist.") The headline that is clicked the most is the "winner."
You've let the market decide which headline you will use when you roll out the promotion. And you can make a reasonable assumption that it will attract the most buyers.
As I said, PPC can be used to test almost anything. Let the market decide which title to use.
Saturday, October 25, 2008
The Truly Wealthy “Fish” in a Different “Lake”
These days, it seems everyone is out to make a quick buck. But they are all fishing in the same pond, so to speak. The real money is in a nearby lake... actually, more like an ocean of profits that almost no one knows about.
Take a walk with me and let me show how you can follow a few simple steps and lure more profits to you on a consistent basis than anything I've ever seen.
You've heard the old saying, "Give a man a fish, feed him for a day... Teach him how to fish, feed him for a lifetime." Well, friend, this is that lifetime of profits available to you. Up to you how long you want to "fish" there. Personally, I'll be there a long while... If you want to join me, click here... and learn how fast you can start making money.
Thursday, October 16, 2008
Consistency Is The Name Of The Game
What is network marketing if it isn'tconsistency in purpose?
The name of the game is, know what you stand for - stand for it - and act in accordance with it in everything that you do from today until you meet your objective.
The problem is when you're on the phone all the time getting fed negativity and rejection all the time even the strongest willed person will have moments of doubt.
But if you can pay yourself along the way to validate what you are doing is the right thing and you can continue that process until you meet your goals . . .
Then you're on the path to great success. Always be consistent in your actions, but make sure the things you stand for are things that you can stand for 10 years from now and you will make moolah along the way and then you have a winning formula that just can't fail.
The name of the game is, know what you stand for - stand for it - and act in accordance with it in everything that you do from today until you meet your objective.
The problem is when you're on the phone all the time getting fed negativity and rejection all the time even the strongest willed person will have moments of doubt.
But if you can pay yourself along the way to validate what you are doing is the right thing and you can continue that process until you meet your goals . . .
Then you're on the path to great success. Always be consistent in your actions, but make sure the things you stand for are things that you can stand for 10 years from now and you will make moolah along the way and then you have a winning formula that just can't fail.
Monday, October 13, 2008
Current real estate market..
... and credit market trends have made Home Seller Assist the perfect home based business and you only need two things:
1. You need information about this opportunity
2. You need to take ACTION on that information
What makes us Unique is that we loan money in a time when nobody else either can or will!
What makes us Special is that we partner with our customers to create an ongoing income stream all.
» We show sellers how to offer seller financing to get more buyers, close fast and still get paid CASH at closing.
» We show buyers how to purchase properties with less than traditional credit scores, easy terms and no hassle financing.
» We show real estate professionals and investors how to close more deals.
♦ Learn how to flip short sales using our private investor's funds.
♦ Learn how to enjoy Joint Venture Profits using no credit on your part
♦ Learn how to earn money for sharing this opportunity with others.
http://www.fastbuyerloans.com
Complete Video Training Library.
http://www.fastbuyerloans.com
1. You need information about this opportunity
2. You need to take ACTION on that information
What makes us Unique is that we loan money in a time when nobody else either can or will!
What makes us Special is that we partner with our customers to create an ongoing income stream all.
» We show sellers how to offer seller financing to get more buyers, close fast and still get paid CASH at closing.
» We show buyers how to purchase properties with less than traditional credit scores, easy terms and no hassle financing.
» We show real estate professionals and investors how to close more deals.
♦ Learn how to flip short sales using our private investor's funds.
♦ Learn how to enjoy Joint Venture Profits using no credit on your part
♦ Learn how to earn money for sharing this opportunity with others.
http://www.fastbuyerloans.com
Complete Video Training Library.
http://www.fastbuyerloans.com
Saturday, October 4, 2008
How to Get Your Investment Down Payment
Real estate has always been the fastest and safest investment vehicle to acquire wealth and reach millionaire status. But without a down payment your real estate investment goals will be difficult to achieve.
Every year that you don't invest will cost you money in lost opportunity. So where do you get your down payment? How do you do it?
Most lenders prefer a 20% down payment because it provides them a level of comfort in case you default on your mortgage loan. It also happens to be the minimum down payment required to avoid the addition of mortgage insurance premiums.
Although a 20% down payment is considered by many to be "ideal", investors often look to increase their leverage in purchasing real estate by lowering their down payment. This minimizes their upfront cash requirement but increases their monthly carrying costs through higher mortgage payments and mortgage insurance.
Here are some sources to help fund your next real estate investment:
Tap Into Your 401(k)
To get that down payment, you can tap into your 401(k), which you will have to pay back over a period of five years or more, with interest. This method, however, has both advantages and disadvantages.
One of the advantages of getting a loan from your 401(k) is that it is not considered a debt by lenders when they assess your debt-to-income ratio.
A major disadvantage of borrowing from your 401(k), however, is that should you leave your current job for whatever reason, you will have to pay the loan in full 90 days before you quit or you are officially terminated.
Self Directed IRAs
Self directed IRAs are an excellent source of down payment funds. They can provide you the ability to build your retirement nest egg using real estate's excellent long-term rates of return, and depending on the type of IRA you can do it tax free.
Using a self-directed IRA is rather simple but it's important that you do it properly to avoid any unwanted tax consequence. Therefore, consulting a tax advisor experienced on the subject is highly recommended. You can also educate yourself with several good books on the subject, such as IRA Wealth by Patrick Rice.
Business Lines of Credit
Using business lines of credit can be a great source for your down payment needs. Each line of credit can range from $25,000 to $100,000 or more, and are available at very competitive interest rates.
Business lines of credit make sense in situations where the property's cash-flow can support the additional monthly payments. You will need to run the numbers to determine if your cash-flow is positive or negative when financing part or all of your down-payment. If your numbers are positive you can effectively purchase with no out-of-pocket down payment.
Control Your Budget
If you plan to take the save-until-I-have-enough route, then here is a very helpful tip on how you can save more effectively for that down payment.
Write down everything you spend money on. Don't leave anything out, even if it's a small candy bar that cost you a dollar. Assess your spending habits and see what you can improve and what expenses you can avoid.
This may be a slowest path to saving what you need but it will eventually get you there.
Partners
The fastest way to get into real estate investing is to find a cash partner. A cash partner is anyone who shares the same investing goals as you and has the funds for the down payment. You would be the credit partner and any profits and losses would be split between partners.
Partnerships are easy to form and can be tweaked in any way you feel is mutually beneficial. You can contact Norada Real Estate Investments for more information on their new real estate partner program.
With determination and clear goals you will be investing in real estate much sooner than you think.
Tuesday, September 30, 2008
A Call That You Need to Make
The average American has at least one credit card and carries a balance of more than $1,700. Faced with mounting minimum payments on their cards and shrinking monthly budgets, what is a consumer to do? Answer: Call your credit card company and negotiate a lower interest rate.
Credit card delinquencies are mounting with the downturn in the economy. (Interestingly, the two states with the highest foreclosure rates, Nevada and Florida, also lead the nation in credit card delinquencies.) Through July, the annualized rate of credit card charge-offs rose 33 percent compared to last year, according to Moody's Investor Services. At the same time, the Payment Rate Index, which reflects borrowers' ability and willingness to repay credit card debt, dropped.
Faced with increasing delinquencies, credit card companies are more willing than ever to lower your interest rate to make sure you'll be able to keep current. The last thing they want is for you to fall behind on your payments and have another past-due account on their books.
Live webcast at http://www.fastbuyerloans.com at 7pm - Central each Tues and Wed evening.
Credit card delinquencies are mounting with the downturn in the economy. (Interestingly, the two states with the highest foreclosure rates, Nevada and Florida, also lead the nation in credit card delinquencies.) Through July, the annualized rate of credit card charge-offs rose 33 percent compared to last year, according to Moody's Investor Services. At the same time, the Payment Rate Index, which reflects borrowers' ability and willingness to repay credit card debt, dropped.
Faced with increasing delinquencies, credit card companies are more willing than ever to lower your interest rate to make sure you'll be able to keep current. The last thing they want is for you to fall behind on your payments and have another past-due account on their books.
Live webcast at http://www.fastbuyerloans.com at 7pm - Central each Tues and Wed evening.
Monday, September 15, 2008
Is This All There Is to Life?
You can keep going through the motions, trying to keep up with the Joneses, and wondering if there is more to this life... or you can open the door to a whole new level of success, financial independence, and achievement.
It's the difference between having a job you dread, or the job you dream about... between retiring with just enough to get by, or with a seven-figure nest egg... between living the life you live today, or living the life of those you envy...
Here's your opportunity for a once-in-a-lifetime insider's look into the practical ideas, systems, and methods for creating an abundant life for you and your family.
All the risk is on our shoulders to deliver this. All you need to do is accept this generous offer and follow the step-by-step details for enjoying a brand new life.
Thursday, September 11, 2008
Funds To Flip Short Sales from Home Seller Assist by John Alexander
*** Now use our Investor Funds to Flip Shortsales***
...They put up the money when you get a buyer lined up...
using our Financing Program...
...Split the profits 50/50...
Buying shortsales at 50% of appraisal is common right now....
...Don't let this market pass you by...
Click...
http://www.fastbuyerloans.com
...They put up the money when you get a buyer lined up...
using our Financing Program...
...Split the profits 50/50...
Buying shortsales at 50% of appraisal is common right now....
...Don't let this market pass you by...
Click...
http://www.fastbuyerloans.com
Thursday, September 4, 2008
Did you miss the HSA webcast last night?
I didn't want you to miss...
...the tour into the platinum membership area which they took everyone on last night.
You will be amazed at the tools for flipping homes that you see demonstrated in this
webcast. Watch it now at:http://www.wealthontv.com/genintros03.wmv
...the tour into the platinum membership area which they took everyone on last night.
You will be amazed at the tools for flipping homes that you see demonstrated in this
webcast. Watch it now at:http://www.wealthontv.com/genintros03.wmv
Larry Potter
PS: Remember, you can become part of this right now, by simply going here and
joining me. http://www.fastsellerloans.com/
I've made almost $18,000 since June 23rd!
PS: Remember, you can become part of this right now, by simply going here and
joining me. http://www.fastsellerloans.com/
I've made almost $18,000 since June 23rd!
Tuesday, September 2, 2008
News from the National Assoc of Home Builders
Developments in financial markets in the second half of 2007 and early months of 2008 have undermined rather than contributed to recovery in the housing sector. Housing sector activity has been depressed by an additional 30 percent due to the credit market crisis.
Single family housing starts are down 63 percent from peak levels of production during the housing boom with some of the most troubled markets down 80 percent or more.
The toxic combination of lax lending standards and stagnant or declining house prices in many markets creates the potential for downward spirals with resetting mortgage terms and declining prices forcing foreclosures that depress prices further forcing additional foreclosures.
The most troubled markets are in Florida and California, and include Las Vegas and Phoenix, AZ, but the twin problems of inflated house prices and questionable mortgage lending are not isolated.
Housing markets across the country will experience another difficult year in 2008 before recovering in 2009. Recovery will be uneven with some of the most troubled markets declining through 2009.
Markets in the Northeast and South, with the notable exception of Florida, will recover ahead of markets in the Midwest. The industrial states are at greater risk of continued weakness than the farm belt, and the Western markets in Las Vegas, Phoenix and California will be the slowest to recover.
That's why the Home Seller Assist program is catching on like wild fire. Created by John Alexander this no bank qualifying allows people with problem credit to purchase homes and agents, builders, investors, loan officers and sellers around the nation are using this new funding to quickly move properties. They will even pay you a 1% commission for every buyer you bring to them that obtains a loan that funds!
John Alexander presents a live webcast each Tues and Wed evening at www.fastsellerloans.com, so make sure you attend the next one. The times are on the website, hope to see you there.
Larry Potter, Pres.
KIM-LAR, INC.
847-872-4047
Single family housing starts are down 63 percent from peak levels of production during the housing boom with some of the most troubled markets down 80 percent or more.
The toxic combination of lax lending standards and stagnant or declining house prices in many markets creates the potential for downward spirals with resetting mortgage terms and declining prices forcing foreclosures that depress prices further forcing additional foreclosures.
The most troubled markets are in Florida and California, and include Las Vegas and Phoenix, AZ, but the twin problems of inflated house prices and questionable mortgage lending are not isolated.
Housing markets across the country will experience another difficult year in 2008 before recovering in 2009. Recovery will be uneven with some of the most troubled markets declining through 2009.
Markets in the Northeast and South, with the notable exception of Florida, will recover ahead of markets in the Midwest. The industrial states are at greater risk of continued weakness than the farm belt, and the Western markets in Las Vegas, Phoenix and California will be the slowest to recover.
That's why the Home Seller Assist program is catching on like wild fire. Created by John Alexander this no bank qualifying allows people with problem credit to purchase homes and agents, builders, investors, loan officers and sellers around the nation are using this new funding to quickly move properties. They will even pay you a 1% commission for every buyer you bring to them that obtains a loan that funds!
John Alexander presents a live webcast each Tues and Wed evening at www.fastsellerloans.com, so make sure you attend the next one. The times are on the website, hope to see you there.
Larry Potter, Pres.
KIM-LAR, INC.
847-872-4047
Monday, September 1, 2008
We have changed the webcast times...
... to increase the Biz Opp broadcast and to make the calls flow correctly.
Retail Seller's Webcast/Call is now done only on Tuesday at 9:30 pm EST
The Business Opportunity Webcast/Call is held every Tuesday and Wednesday at 8:00 pm EST.
The call times have been updated and are under the videos on the web page at WeProvideTheCash
The weekly HSA Training Call is held at 9:30 EST on Wednesdays.
Retail Seller's Webcast/Call is now done only on Tuesday at 9:30 pm EST
The Business Opportunity Webcast/Call is held every Tuesday and Wednesday at 8:00 pm EST.
The call times have been updated and are under the videos on the web page at WeProvideTheCash
The weekly HSA Training Call is held at 9:30 EST on Wednesdays.
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