From time to time as we run into exciting real estate opportunities, we also run into great money making opportunities. We recently ran into ACN-TelcomSolutions. Here is a fantastic money making opportunity for anyone that wants in on the exploding Teclom Industry. Now you and I can take advantage of this boom period. Telcom is a trillion dollar per year industry. It is growing at the rate of 40 percent annually. ACN-TelcomSolutions is joined with ACN, a Fortune 500 company. There is now opportunity for you and me to cash in and get paid every time someone pays there phone bill. Just think! If we were smart enough to get in on emails 15 years ago! What about if we were sitting in the meeting room of AOL or had the opportunity to get in on the recent explosion of Iphones? What would our financial life look like?
You get the point! Just think! This is our chance! It's here today! It's here now! We can get in on the action for next to nothing and make money every time someone pays a phone bill, cell phone bill, Internet bill! THIS IS NO JOKE! IT IS FOR REAL! To get more information and stake out your claim to financial freedom, visit: www.ACN-TelcomSolutions.acnrep.com NOW! Your future depends on it!
Wednesday, July 4, 2007
Wednesday, April 25, 2007
YOU MAKE MONEY WHEN YOU BUY, NOT WHEN YOU SELL!
Would You Buy a House on Sale at the Grocery Store or a Local Department Store?
When home prices are low, and sellers have trouble selling, most people don't seem to buy homes.
Now, that sounds like the silliest question you’ve heard all week… maybe all year? Grocery Stores don’t sell houses. Well, yes you’re right – grocery stores don’t sell houses. But, if they did… and if they had them on sale…would you buy one?
I know that sounds silly, but what I’m getting at is really important… especially if you are in the market to buy or sell a house. You see I want you to think about the way most of us go about buying and selling property.
Like it or not; how we buy and sell houses says a lot about human nature. We all like to be seen as individuals, but in a lot of ways, we are like sheep. Most of us would hate to admit that we have a herd (flock) mentality. However, when it comes to buying and selling property, most of us will do what everyone (well nearly everyone) else does.
Anyway, back to the grocery store. What would most of us do if the local grocery market had a big discount sale and dramatically reduced all its prices? What would us sheep do? That’s easy to answer. We would rush in and grab some bargains! We’d buy up large - wouldn’t we? Of course we would!
The funny thing is that when property prices, or share market prices fall - what do most people do? The exact opposite . . . we do nothing! We wait until the prices start moving up again!
When there are a lot of real estate signs hanging on front fences - houses take a lot longer to sell. When the news media tells us that the real estate market is dead - real estate agents go quiet.
So when the real estate market is depressed, instead of buying . . . most of us do nothing. This is usually a good time to buy. It is a buyer’s market!
A depressed market provides the opportunity to “buy low - sell high.” Yet, because of fear, most of us choose to “buy high – sell low” or “buy high – sell high.” We do the opposite to what we would do in the grocery store.
So, here are the questions: Should you sell when the real estate market is depressed or booming? Should you buy when the market is flat or rising? Well, I guess it depends on your own circumstances. You have to decide what’s best for you. You now know what most people will do – so it’s over to you whether you join the herd or not.
I will say this; for a first homebuyer, or an investor - usually the best time to buy real estate is when the market is depressed. Do some research, overcome any fears and “buy low, buy now – sell high.” “You don’t make money when you sell, you make money when you buy!” What are your thoughts?
For bargain buys, visit: http://www.bestpropertybuys.com/
When home prices are low, and sellers have trouble selling, most people don't seem to buy homes.
Now, that sounds like the silliest question you’ve heard all week… maybe all year? Grocery Stores don’t sell houses. Well, yes you’re right – grocery stores don’t sell houses. But, if they did… and if they had them on sale…would you buy one?
I know that sounds silly, but what I’m getting at is really important… especially if you are in the market to buy or sell a house. You see I want you to think about the way most of us go about buying and selling property.
Like it or not; how we buy and sell houses says a lot about human nature. We all like to be seen as individuals, but in a lot of ways, we are like sheep. Most of us would hate to admit that we have a herd (flock) mentality. However, when it comes to buying and selling property, most of us will do what everyone (well nearly everyone) else does.
Anyway, back to the grocery store. What would most of us do if the local grocery market had a big discount sale and dramatically reduced all its prices? What would us sheep do? That’s easy to answer. We would rush in and grab some bargains! We’d buy up large - wouldn’t we? Of course we would!
The funny thing is that when property prices, or share market prices fall - what do most people do? The exact opposite . . . we do nothing! We wait until the prices start moving up again!
When there are a lot of real estate signs hanging on front fences - houses take a lot longer to sell. When the news media tells us that the real estate market is dead - real estate agents go quiet.
So when the real estate market is depressed, instead of buying . . . most of us do nothing. This is usually a good time to buy. It is a buyer’s market!
A depressed market provides the opportunity to “buy low - sell high.” Yet, because of fear, most of us choose to “buy high – sell low” or “buy high – sell high.” We do the opposite to what we would do in the grocery store.
So, here are the questions: Should you sell when the real estate market is depressed or booming? Should you buy when the market is flat or rising? Well, I guess it depends on your own circumstances. You have to decide what’s best for you. You now know what most people will do – so it’s over to you whether you join the herd or not.
I will say this; for a first homebuyer, or an investor - usually the best time to buy real estate is when the market is depressed. Do some research, overcome any fears and “buy low, buy now – sell high.” “You don’t make money when you sell, you make money when you buy!” What are your thoughts?
For bargain buys, visit: http://www.bestpropertybuys.com/
Tuesday, April 24, 2007
IS NOW A GOOD TIME TO BUY A HOME?
Is Now the Right Time to Buy a Home?
Here are 5 reasons we believe it is!
You might have seen the full-page ads in newspapers lately from the National Association of Realtors saying that this is actually a great time to get into real estate. Sure, they are the industry association, but it's in their interest to tell you the truth. And I agree – this is a good time. Here's why:
1. Great interest rates. Despite all the ups and downs of the various markets, 30-year fixed rate mortgage interest rates are near an all-time low. This means your payments will be as low as possible, making it a good time to buy and lock in favorable rates. We have access to a variety of “First Time” Home Buyer Programs, some that offer buyer cash back incentives.
2. Plenty of choices. There is a good selection of houses to choose from now. Housing inventories have grown over the recent months with builder inventory that did not sell, pre-foreclosures, and Bank Owned properties. Buyers have many more choices than they did at this time last year. This means that there are more homes looking for buyers, and sellers are starting to make some adjustments to encourage sales. Buying today gives new owners the opportunity to find their dream house at a favorable price.
3. Good value pricing. Housing prices have slowed their dramatic climb. Some areas have experienced declines while others are still increasing, but the enormous increases of a year ago are no longer the rule. Buyers are finding good values today. And with the trend indicating continued increases through the rest of this year and into 2007, this may be the time of best prices.
4. Positive outlook. The overall outlook for real estate is good. On October 26, 2006, Former Federal Reserve Chair Alan Greenspan said, "Most of the negatives in housing are probably behind us." (Reuters News) And real estate is still one of the best investments you can make to help build long-term wealth. There will always be fluctuations, but overall real estate is one of the best performing investments.
5. Local knowledge and personal service. McGrath&Stankevich will help you meet your real estate goals with personal, individualized service. We are a small, established company and we know our territory, so we provide the local market knowledge that will help you take advantage of the opportunities in the current market.
We would be interested in hearing your comments. Do You believe it is a good time to buy a home?
Take advantage of this combination of interest rates, inventory, and pricing to find your dream home today. Visit: http://www.bestpropertybuys.com/ for some exceptional valued homes. If you don’t like what you see, just let us know what you are looking for and we will find it!
Sunday, April 22, 2007
Stanislaus/Merced County, CA "Deal Maker's Corner"
Look for investments, let other investors know what you are looking to buy, talk about what you have for sale. Let us know what kind of property you want to buy. How much do you want to spend? What area are you looking to buy in? For Sale By Owners welcome.
Use this area as much as you can now.
Soon to be for subscribers only.
List, Buy, Offer Terms, Notes, Commercial, Residential. Everything and anything goes here! Put your phone number, list your website, email address so others may contact you.
What do you think of this idea? Can this FREE posting area be of value to you?
Use this area as much as you can now.
Soon to be for subscribers only.
List, Buy, Offer Terms, Notes, Commercial, Residential. Everything and anything goes here! Put your phone number, list your website, email address so others may contact you.
What do you think of this idea? Can this FREE posting area be of value to you?
Saturday, April 21, 2007
How To Stop Credit Bureaus From Selling Your Information!
How The Credit Bureaus LEGALLY Sell YOUR Personal Information For Profit & How YOU Can STOP Them.
ID Theft is the fastest growing crime in the nation and you should do everything in your power to protect your privacy.
But did you know that TransUnion, Experian and Equifax, the three Credit Reporting Bureaus, are ALLOWED BY LAW to engage in selling lists of consumers who meet certain criteria in order to receive a "firm" offer of credit or insurance? This is the source of the many pre-approved credit offers you receive in the mail.
"Pre-approved" and so-called "firm" offers of credit, however, can be somewhat misleading. If you respond, the creditor may access your report before you are actually granted credit. They can deny your credit application at that time. This is explained in the fine print on the pre-approved offer.
The law does not allow CRAs to compile and sell information from credit reports for the purpose of direct marketing. Although CRAs have engaged in this practice in the past, the Federal Trade Commission in March 2000 ruled that TransUnion violated the FCRA by the sale of personal credit information for target marketing purposes. To read the FTC's full opinion, see http://www.mortgagefreeusa.com/Reports/7-Report-FTC1.html.
TransUnion appealed the FTC's decision, but the agency's decision was upheld by a federal appeals court. To read the court's opinion, see http://www.mortgagefreeusa.com/Reports/7-Report-FTC2.html. Equifax states it does not sell lists used for direct or target marketing. Experian, on the other hand, sells lists of consumers to marketers derived from consumer surveys, demographics sources, and public records.
How to Have Your Name REMOVED From The Credit Bureaus' Marketing Lists
You can remove your name from any marketing list compiled by a CRA, whether the list is for pre-approved credit offers or direct marketing. To "opt-out," that is, to remove your name from mailing lists compiled by credit bureaus, call the toll-free number all CRAs are required by law to maintain for this purpose:
Call (888) 5-OPTOUT or (888) 567-8688 to opt out of pre-approved offers of credit OR go online to http://www.optoutprescreen.com/.
This phone number can be used to remove your name from the list of all three CRAs. You may also write to the CRA.
Equifax OptionsP.O. Box 740123Atlanta, GA 30374-0123http://www.equifax.com/
ExperianConsumer Opt Out P.O. Box 919Allen, TX 75013http://www.experian.com/
Trans UnionName Removal OptionP.O. Box 97328Jackson, MS 39288-7328http://www.transunion.com/
Visit: www.bestpropertybuys.com for all your real estate needs.
ID Theft is the fastest growing crime in the nation and you should do everything in your power to protect your privacy.
But did you know that TransUnion, Experian and Equifax, the three Credit Reporting Bureaus, are ALLOWED BY LAW to engage in selling lists of consumers who meet certain criteria in order to receive a "firm" offer of credit or insurance? This is the source of the many pre-approved credit offers you receive in the mail.
"Pre-approved" and so-called "firm" offers of credit, however, can be somewhat misleading. If you respond, the creditor may access your report before you are actually granted credit. They can deny your credit application at that time. This is explained in the fine print on the pre-approved offer.
The law does not allow CRAs to compile and sell information from credit reports for the purpose of direct marketing. Although CRAs have engaged in this practice in the past, the Federal Trade Commission in March 2000 ruled that TransUnion violated the FCRA by the sale of personal credit information for target marketing purposes. To read the FTC's full opinion, see http://www.mortgagefreeusa.com/Reports/7-Report-FTC1.html.
TransUnion appealed the FTC's decision, but the agency's decision was upheld by a federal appeals court. To read the court's opinion, see http://www.mortgagefreeusa.com/Reports/7-Report-FTC2.html. Equifax states it does not sell lists used for direct or target marketing. Experian, on the other hand, sells lists of consumers to marketers derived from consumer surveys, demographics sources, and public records.
How to Have Your Name REMOVED From The Credit Bureaus' Marketing Lists
You can remove your name from any marketing list compiled by a CRA, whether the list is for pre-approved credit offers or direct marketing. To "opt-out," that is, to remove your name from mailing lists compiled by credit bureaus, call the toll-free number all CRAs are required by law to maintain for this purpose:
Call (888) 5-OPTOUT or (888) 567-8688 to opt out of pre-approved offers of credit OR go online to http://www.optoutprescreen.com/.
This phone number can be used to remove your name from the list of all three CRAs. You may also write to the CRA.
Equifax OptionsP.O. Box 740123Atlanta, GA 30374-0123http://www.equifax.com/
ExperianConsumer Opt Out P.O. Box 919Allen, TX 75013http://www.experian.com/
Trans UnionName Removal OptionP.O. Box 97328Jackson, MS 39288-7328http://www.transunion.com/
Visit: www.bestpropertybuys.com for all your real estate needs.
Short Sales
Short Sales: Courtesy of McGrath&Stankevich
How do we find homeowners in default or behind on payments? There are several ways to find motivated homeowners: newspapers, ads, signs, courthouse, and attorneys, just to name a few. When a homeowner is delinquent on their mortgage, a legal notice, or notice of default, must be sent to the homeowner to let them know that their property will be going to auction soon. These legal notices are published weekly -- sometimes daily -- at the courthouse. Some counties have a website or newspaper that lists all the legal notices. When you find the notices, call up the homeowner and see if you can help them out of their situation. This is one way to find motivated sellers, because their home is going to the auction soon.
Homeowners often feel like no one can help them because they are "upside down" on their mortgage --meaning they owe more than what the property is worth. This is where you have the advantage over most real estate agents. Most agents are just looking for a commission, and if they try to sell the property at market price -- which they have to because of the loans -- most likely the home will not sell. You, on the other hand, can discount the loans from the lender and attempt to sell the property under market value. This is called a Short Sale, when the bank accepts a discount for a loan. *Keep in mind your only goal here is to create a win-win situation.*
What Are Short Sales?
A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure, auction or bankruptcy. Instead of buying from a seller, you are purchasing the property directly from the lender for a discount. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $300,000. You write an offer to the lender for $220,000, which is accepted as full payment for the loan. Why are they willing to take such a discount? A couple of reasons:
First of all, banks do not like excess inventory and bad loans on their books; therefore, if they see an opportunity where they can get rid of the property without a huge loss, they will do it.
Secondly, lenders know they could lose a lot more money if the property goes to auction. There are so many fees involved if the property goes to auction, that they would be better off taking the discount beforehand and be finished with the headache of it all.
At the time of this writing, foreclosures are at an all time high, which basically translates into more opportunities for you. Since foreclosures are increasing, this is the perfect time to jump into this because there will be more and more lenders discounting properties. It is safe to say that most lenders will discount, however, you may come across a one or two lenders who will not discount. Also, lenders will not always discount if the loan to value is really low because they would be better off to sell the property and make money on it.
Most short sales occur during the pre-foreclosure state; however, you can do a short sale even when the property goes back to the bank. The biggest profits come from the pre-foreclosure stage.
There are two stages within pre-foreclosure. The first stage is when the owners are behind on payments and the second stage is when those who are behind on payments have received a notice of default. In order for this to work properly, and for you to successfully get a short sale, you must find the homeowners who are in the second stage of pre-foreclosure, or more than 3 payments behind on their mortgage. Once the notice of default has been recorded, banks become motivated as well, so you are more likely to get a discount.
It does not matter what type of house or condition it’s in, all mortgages can be discounted. The best properties to do short sales on are the houses that need lots of work and repairs. Lenders will usually give you a bigger discount if they see they are "don’t wanters".
Properties that are over-leveraged are prime candidates. Most rookie investors who see a house over-leveraged with an upside-down mortgage may think there is no hope for the property. On the other hand, this is a sweet deal to the savvy investor. Properties with large 2nd mortgages are treated as gold because the 2nd mortgage is wiped out at the foreclosure auction. Lenders with a 2nd and 3rd mortgage position would rather have something than nothing.
Short Sales can be very profitable because you can discount loans down to 5% of their original value! It doesn’t matter if the home is a multi-million-dollar home or a simple 3 bed Condo. Lenders will accept discounts as long as it is advantageous to them.
You've already learned how to get a list of people in default; now you need to sift through them and find the gold.I recommend calling them so they get to know who you are. Be nice when you do this. Most of the time, they will tell you they can fix the problem, which many of them can. However, a small percentage will just tell you that so you will go away. They are embarrassed to let anyone know of their circumstances. The best thing to do in this situation is to tell them that most people like to have additional options or a backup plan "just in case." Give them your information and tell them you are here to help them and to call you if their plans don't work out. Some may call you, others won't.
Get the Deed
Getting the deed is the first step in obtaining a short sale. You must -- without question -- get the deed. Sometimes, after several hours of research, time, and hard work, the homeowners decide they don’t want to go through with the short sale. They start to avoid your calls, they won’t sign the documents, and you are left high and dry. And who knows why; funny things happen to people who are in financial distress. So, make this easy and GET THE DEED!When you begin your conversation with the homeowner, be sure you never promise things you have no control over. You do not know if the lender will accept a discount for the loan or if you will get a big enough discount to make this deal work for you. So don’t say things like, "I can definitely save this property from foreclosure," or "I can definitely make up your back payments," because it will come back to haunt you.
All you should tell them is that you will do your best to save this home from going to auction. Let them know that everything depends on the lender's willingness to work out a deal. Make sure the homeowners know you will need their cooperation as well, because they will need to sign the necessary documents that allow you to proceed with the short sale. Also, let them know that they will need to be available because time is your biggest factor.
When you talk to these homeowners for the first time, make sure BOTH owners of the property are present when you sign the documents. You do not want to make an extra trip out to the property because you found out there were two owners. When you make your first visit, you will have full intentions of purchasing the property right there on the spot.
McGrath&Stankevich have over 30 years combined experience in helping families through all kinds of markets. Our expertise also covers helping families through the pre-foreclosure process helping them with negotiating with the their Lenders to accept a selling price regardless of what is owed. For just a few of the hundreds of properties being offered as Short Sales, click on to http://www.bestpropertybuys.com
How do we find homeowners in default or behind on payments? There are several ways to find motivated homeowners: newspapers, ads, signs, courthouse, and attorneys, just to name a few. When a homeowner is delinquent on their mortgage, a legal notice, or notice of default, must be sent to the homeowner to let them know that their property will be going to auction soon. These legal notices are published weekly -- sometimes daily -- at the courthouse. Some counties have a website or newspaper that lists all the legal notices. When you find the notices, call up the homeowner and see if you can help them out of their situation. This is one way to find motivated sellers, because their home is going to the auction soon.
Homeowners often feel like no one can help them because they are "upside down" on their mortgage --meaning they owe more than what the property is worth. This is where you have the advantage over most real estate agents. Most agents are just looking for a commission, and if they try to sell the property at market price -- which they have to because of the loans -- most likely the home will not sell. You, on the other hand, can discount the loans from the lender and attempt to sell the property under market value. This is called a Short Sale, when the bank accepts a discount for a loan. *Keep in mind your only goal here is to create a win-win situation.*
What Are Short Sales?
A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure, auction or bankruptcy. Instead of buying from a seller, you are purchasing the property directly from the lender for a discount. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $300,000. You write an offer to the lender for $220,000, which is accepted as full payment for the loan. Why are they willing to take such a discount? A couple of reasons:
First of all, banks do not like excess inventory and bad loans on their books; therefore, if they see an opportunity where they can get rid of the property without a huge loss, they will do it.
Secondly, lenders know they could lose a lot more money if the property goes to auction. There are so many fees involved if the property goes to auction, that they would be better off taking the discount beforehand and be finished with the headache of it all.
At the time of this writing, foreclosures are at an all time high, which basically translates into more opportunities for you. Since foreclosures are increasing, this is the perfect time to jump into this because there will be more and more lenders discounting properties. It is safe to say that most lenders will discount, however, you may come across a one or two lenders who will not discount. Also, lenders will not always discount if the loan to value is really low because they would be better off to sell the property and make money on it.
Most short sales occur during the pre-foreclosure state; however, you can do a short sale even when the property goes back to the bank. The biggest profits come from the pre-foreclosure stage.
There are two stages within pre-foreclosure. The first stage is when the owners are behind on payments and the second stage is when those who are behind on payments have received a notice of default. In order for this to work properly, and for you to successfully get a short sale, you must find the homeowners who are in the second stage of pre-foreclosure, or more than 3 payments behind on their mortgage. Once the notice of default has been recorded, banks become motivated as well, so you are more likely to get a discount.
It does not matter what type of house or condition it’s in, all mortgages can be discounted. The best properties to do short sales on are the houses that need lots of work and repairs. Lenders will usually give you a bigger discount if they see they are "don’t wanters".
Properties that are over-leveraged are prime candidates. Most rookie investors who see a house over-leveraged with an upside-down mortgage may think there is no hope for the property. On the other hand, this is a sweet deal to the savvy investor. Properties with large 2nd mortgages are treated as gold because the 2nd mortgage is wiped out at the foreclosure auction. Lenders with a 2nd and 3rd mortgage position would rather have something than nothing.
Short Sales can be very profitable because you can discount loans down to 5% of their original value! It doesn’t matter if the home is a multi-million-dollar home or a simple 3 bed Condo. Lenders will accept discounts as long as it is advantageous to them.
You've already learned how to get a list of people in default; now you need to sift through them and find the gold.I recommend calling them so they get to know who you are. Be nice when you do this. Most of the time, they will tell you they can fix the problem, which many of them can. However, a small percentage will just tell you that so you will go away. They are embarrassed to let anyone know of their circumstances. The best thing to do in this situation is to tell them that most people like to have additional options or a backup plan "just in case." Give them your information and tell them you are here to help them and to call you if their plans don't work out. Some may call you, others won't.
Get the Deed
Getting the deed is the first step in obtaining a short sale. You must -- without question -- get the deed. Sometimes, after several hours of research, time, and hard work, the homeowners decide they don’t want to go through with the short sale. They start to avoid your calls, they won’t sign the documents, and you are left high and dry. And who knows why; funny things happen to people who are in financial distress. So, make this easy and GET THE DEED!When you begin your conversation with the homeowner, be sure you never promise things you have no control over. You do not know if the lender will accept a discount for the loan or if you will get a big enough discount to make this deal work for you. So don’t say things like, "I can definitely save this property from foreclosure," or "I can definitely make up your back payments," because it will come back to haunt you.
All you should tell them is that you will do your best to save this home from going to auction. Let them know that everything depends on the lender's willingness to work out a deal. Make sure the homeowners know you will need their cooperation as well, because they will need to sign the necessary documents that allow you to proceed with the short sale. Also, let them know that they will need to be available because time is your biggest factor.
When you talk to these homeowners for the first time, make sure BOTH owners of the property are present when you sign the documents. You do not want to make an extra trip out to the property because you found out there were two owners. When you make your first visit, you will have full intentions of purchasing the property right there on the spot.
McGrath&Stankevich have over 30 years combined experience in helping families through all kinds of markets. Our expertise also covers helping families through the pre-foreclosure process helping them with negotiating with the their Lenders to accept a selling price regardless of what is owed. For just a few of the hundreds of properties being offered as Short Sales, click on to http://www.bestpropertybuys.com
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