THE COMING ARM STORM!!! HEY I AM BRANCHING OUT TO OTHER STATES..DO YOU HAVE 680+FICO, CASH IN THE BANK AND CAN FOLLOW MY BUSINESS MODEL?

First it was the sub-prime market and now experts agree, adjustable rate mortgages combined with rising unemployment and falling property values could create another economic storm capable of ravaging the weak economic recovery. Here's a quick breakdown of the ARM Storm-Tracker for those savvy investors "FOLLOWING ME" to beginning their planning:

Resetting Rates:
Current interest rates are at or near historic lows with 30 year fixed mortgages below 5 percent while ARM's are likely to readjust and drive the cost of monthly mortgage payments to double their former payments. Unfortunately, many current ARM holders do not qualify for refinancing due to changes in employment status, high loan to value ratios and increased debt to income percentages.

Evaporating Equity:
Not only did millions of Americans take out Adjustable rate mortgages but they built additions and over-improved their homes based upon loans. As home values fell, so did the equity reserves required to refinance their ARM mortgages. Whether it was a first mortgage with minimal down payment or a second (and even third) mortgage, lower property values have all but erased excess equity from a large number of buyers.

Cheaper to Walk:
Many homeowners are finding it less expensive to simply walk away from rapidly rising mortgage, rent for awhile then repurchase. According to industry experts, a significant number of homeowners are capable of making the mortgage payment but simply don't desire to do so given the cost of purchasing the same home after foreclosure. Current homeowners are eligible for FHA loans in as few as three years after default - creating an inverse incentive to continuing paying on a property worth tens (or even hundreds) of thousands dollars less than the existing mortgage.

Renting an Increased Option:
Throughout the nation lenders are getting creative in order to reduce the inflow of defaulting properties on their portfolio; one of the more popular options among existing homeowners is the ability to rent your current property for a specified period of time.

ReFi with an ARM?
It's true, the FHA has a 3.87 five year adjustable rate mortgage option designed to help keep payments affordable.
Unfortunately, it may simply delay the pain until interest rates continue to rise later. However, with a 2 percent cap on each adjustment/rate increase, it could conceivably buy time for those in unusual short term situations such as temporary illness, job loss of other large expenses. It also has the benefit of "buying time" for the banks and lenders who are in no hurry to acquire even more properties given the current backlog of non-performing properties in their portfolio.

What is a savvy investor to do? Get ready for the coming wave of ARM properties to hit the market. But more importantly partner up today with me, Be sure your credit is in place and position yourself to solve problems for both homeowners and lenders in need of a new start.




Angel Investors

Auctions have been capturing alot of headlines lately!

So people are trying to sell me on auction services and of course everyone is asking what is better:

What's Better - REO or Bank Auction?

Big nationwide auctions have recently made headlines but what is actually better for the average investor...REO or bank auctions? Let's take a few minutes to examine the pros and cons for each.

Title -
Purchasing a property via auction frequently entails a commitment to all outstanding debts including unexpected liens and other judgments in addition to those for which the auction is taking place. By purchasing a bank owned property you will typically have assurance of clear title or at least a complete awareness of other fees or liens due.

Occupants -
Property sold at auction frequently has tenants or prior owners still in place, causing new owners to engage in immediate action in order to take possession. Bank owned properties have often evicted former occupants thereby eliminating the need for out of pocket legal expenses. Just keep in mind, this is changing and some short sale investors have encountered squatters. On the other hand, depending upon you plans for the property, having paying tenants may be a strong positive.

Finance Terms -
Auctions require advance funding to be in place while bank owned properties may actually offer added terms or beneficial interest rates in order to move a non-performing property off their portfolio. Since it can cost a lot of money for a bank to keep a property on their books, one way they entice others to purchase is by negotiating the terms of the finance offers. This is especially true in areas where lenders may be limited by the number of homes they can release on the market (ie, federal regulations prohibit "dumping" in certain neighborhoods - often the same ones where many non-performing loans were originally written). By offering highly favorable financial terms, banks are able to shift properties off their books without continuing to drive down prices.

Bottom line -
Short sales are perhaps the best bargain of all but don't underestimate the value in bank owned properties. Auctions are a lot of fun but not always indicative of the best value especially for those just starting out or who only intend to purchase one or two properties.

If you are searching for REO properties I am including a link for the properties directly from the banks. Review them and if you have any questions or need help growing your business let me know. We are opening offices Nationally but only one netbranch / partner per state!

Click on the link below for the list of properties for sale in your area: Most people would charge thousands for this list and inventory!!!
AltiSource Homes - formerly Ocwen
http://www.altisourcehomes.com/

JP Morgan Chase Bank REO (also includes Wells Fargo properties):
http://mortgage.chase.com/pages/other/co_properties_landing.jsp

M&T Bank REO:
http://services.mandtbank.com/personal/bank_owned_prop.cfm

Wachovia REO:
http://reo.wachovia.com/

SunTrust REO:
http://suntrust.res.net/

Compass Bank REO:
https://www.compassbank.com/appforms/properties/index.jsp

Fannie Mae REO:
http://www.mortgagecontent.net/reoSearchApplication/fanniemae/

Freddie Mac REO:
http://www.homesteps.com/hm01_1featuresearch.htm

HUD REO:
http://www.hud.gov/homes/index.cfm

HomeSales.gov

Regions Bank Properties
http://realestate.regions.com/servlet/Ore/ForeclosedPropertySearch.jsp

Citibank REO
http://www.citimortgage.com/Mortgage/Oreo/SearchListing.do

SBA Properties
http://app1.sba.gov/pfsales/dsp_search.html

FDIC Real Estate Owned
http://www4.fdic.gov/DRRORE/

BB&T REO (Branch Bank and Trust)
http://www.bbt.com/applications/specialassets/search.asp

Beal Bank Commercial REO
http://www.bealbank.com/Content.aspx?ID=13

GRP Financial Services Properties
http://www.grpcapital.com/properties/index.php

People's Bank REO
http://www.peoples.com/im/cda/multi_elements/0,,1355,00.html

National City Mortgage REO
http://res.net/

Taylor Bean REO
http://www.taylorbeanhomes.com/

Downey Savings & Loan
http://www.downeysavings.com/bank-owned-properties

Beal Bank
http://www.bealbank.com/Content.aspx?ID=13

BB&T
http://www.bbandt.com/applications/specialassets/search.asp?p=1

Citibank
http://www.citimortgage.com/Mortgage/Oreo/SearchListing.do

Compass Bank
http://www.compassweb.com/properties/

Fannie Mae
http://www.homepath.com/

FDIC
http://www2.fdic.gov/drrore/

Fidelity National Financial
http://www.buybankhomes.com/Default.asp?_URL_=/PropSearch/PropSearch.asp

First National Bank of Alaska
http://www.fnbalaska.com/243.cfm

First Preston
http://www.firstpreston.com/

Freddie Mac
http://www.homesteps.com/hm01_1featuresearch.htm

GMAC
http://www.gmaccm.com/gmaccm/RealEstateAssetManagement/reo/search.asp?img=3

HMB
http://www.hmbireo.com/listing.php

HSBC
http://www.banking.us.hsbc.com/HICServlet?cmd_PropertySearchDefault=cmd_PropertySearchDefault

HSBC Commercial
http://www.us.hsbc.com/1/2/3/business/borrowing/real-estate/for-sale

HUD
http://www.hud.gov/offices/hsg/sfh/reo/homes.cfm

Kennedy Funding
http://www.kennedyfunding.com/for_sale.html

Kentucky Housing Corporation
http://www.kyhousing.org/apps/REO/

Keystone Asset Management
http://www.keystonebest.com/reo/reo_inventory.asp

Lexington State Bank
http://www.lsbnc.com/property_for_sale.asp

M&T Bank
http://services.mandtbank.com/personal/mortgage/reomort.cfm

Mortgage Lenders Network
http://www.mlnusa.com/realestate/listings.asp

New South Federal Savings Bank
http://www.newsouthfederal.com/reo/

PNC Bank
http://www.realtyservices.pnc.com/

Private Financial Services (Bank of OK)
http://www.bokproperties.com/realestate/search.asp

Regions Bank
http://realestate.regions.com/servlet/Ore/ForeclosedPropertySearch.jsp

REO Trans
http://www.reotrans.com/

Security National
http://www.snsc.com/ReoProperties.aspx

U.S. Department of Agriculture
http://www.resales.usda.gov/

U.S. Government Home Sales
http://www.homesales.gov/homesales/mainAction.do

Virginia Housing Development
http://www.vhda.com/Homebuyers/ForeclosedHomesforSale/Pages/ForeclosedHomesforSale.aspx

Wells Fargo Commercial
http://www.wellsfargo.com/com/cgi/properties

Zions Bank
http://www.zionsbank.com/foreclosed_properties.jsp?leftNav=specialty_fore&topNav=sbanking





Angel Investors

Can you sell a house over the phone! Does your realtor make 3% commission for doing nothing? The answer is Yes!!

Much has been written about secrets to telephone success for all types of sales but rarely is it possible to obtain all the best possible tips in one convenient place. Here at my blog I make a practice of providing information you can really use in your day to day investing techniques so without further ado, here are the top eight secrets to phone success for REO investors. I am sure you are all aware that I am not a big fan of people that expect to get paid for doing nothing. So make sure you try selling your own projects to have a better understanding of what is involved. Craigslist, postlets and signs are very inexspensive and the same tools that realtors use. Just save you up to 7%!!

1. UP the Ante.
Buyers who call to inquire about homes listed in advertisements with a price listed can usually afford more. Research indicates most people responding to an ad with a listed price tend to be more conservative and searching for bargains. Make a point of asking about upper limits then provide enticing alternatives whenever possible.

2. Downsize.
Buyers calling about homes with signs in front are usually at - or above - their upper limit. Research indicates prospective buyers that respond to yard signs often have lower income or credit scores. Be sure to screen callers carefully and have other more affordable options available.

3. Ask questions.
The person who asks the most questions tends to be "in charge" of the conversation. Be prepared to ask plenty of questions when responding to a call or inquiry; it's a good way to begin building a list of potential prospects.

4. Follow-Up.
Experts have found that buyers and sellers rarely tend to call back but will respond to information that meets their search criteria. Make it a priority to gather relevant information then follow-up whether via email, phone or standard mail.

5. Ask.
Always ask buyers if they have a house or other property for sale. Even if you don't make an offer, it could become an important part of the negotiation process. It's also a quick way to generate a little extra cash or goodwill by making a referral to your favorite agent or broker.

6. Don't Make Assumptions.
Investors tend to have clearly defined goals so it can be difficult to realize that both buyers and sellers may have little idea what they really want. Don't make assumptions - instead, realize that lack of information is a rampant problem among many Americans. Be prepared to provide information, examples and education
to make the deal work.

7. Compare the Competition.
Most of the time, both buyers and sellers will have other ads circled. From time to time savvy REO investors should know the local competition both in terms of what is for sale and the amenities offered. Don't shy away from comparing your property or service against others - just be sure to do it in a positive way that reflects information.

8. Sell a Service - Not a House!
This is a common mistake among novice REO investors. Remember, every contact is an opportunity for present or future clients so make the most of it. Rather than responding about a specific property, learn to develop a relationship instead. After all, once the caller has rejected the property they have typically rejected your service. Differentiate yourself by providing solutions to their problems rather than just information on a single property.


See you at the top!

Adam

60 Million Mortgages can qualify to be lowered and reset, Keeping these people in there home. I will pay you to help them!!

4% GET MORTGAGE HELP UNDER FEDERAL PLAN.. DON'T LET YOUR CLIENTS OR FRIENDS GET LEFT OUT IN THE COLD!!

Come on the president means well, but have you ever tried to get something through the system. Good luck!! Cut and dry I will pay you $300 per applicant we get accepted to get there mortgage reset. All done through Attorneys and completely in the homeowners control.This is not network marketing, this is a grass routes campaign to keep people in there homes, reset there mortgage and lower the overall principle on there loan.

What do I have to do ADAM?

Market you little heart out!!

"Any Judge will tell you that a man that represents himself in a legal proceeding is a foul..."

Well the government loan mod program expects people to do it themselves (fouls). No it is your job to find the people, spend fifteen minutes with them, give them the list of things needed, once they get this to you it is forwarded to the attorney and you are done. I will pay you $300 per applicant that qualifies!

How do I know if they Qualify?

Simple: If there mortgage was recorded and closed with the title company through (MERS)THEY QUALIFY!

How do they know if this was recorded through MERS?

Simply call the title company they closed with and ask, or gather the information required and send it to us and we will tell you!

So I have taken all the excuses away, have given the entire US a chance to change there future: Find me 16 people a month to save there homes and I will pay you $5000 Cash.

Treasury officials, in the first comprehensive tally of permanent modifications made, say that loan servicers have converted 31,382 people from trial adjustments to long-term assistance as of Nov. 30, but 30,650 people in trial modifications have been denied. That means that only about 4% of troubled borrowers have received long-term help under the Obama administration's foreclosure prevention program. A nearly equal number of trial modifications have been denied permanent assistance, the report showed. The reasons include not making monthly payments on time, not submitting all the necessary paperwork and not qualifying for reasons such as insufficient income.

Homeowners claim that banks keep losing paperwork, but banks claim they often don't get it in the first place. Around 375,000 people should be eligible to receive long-term relief by year's end, but only one-third of homeowners who have made at least three trial payments have submitted all the needed forms, Treasury officials say, and some 20% have not submitted any paperwork at all. Banks and government agencies have hired outside companies to knock on borrowers' doors to assist them with completing the paperwork. None of this addresses the real problems, of course: a lot of people are underwater and don't see the point of making payments, and quite a few know they won't qualify once their real income comes to light.

DO NOT ATTEMPT TO DO THIS ON YOUR OWN, LET OUR ATTORNEYS FIGHT FOR YOUR RIGHTS !!

OVER 60 MILLION MORTGAGES MIGHT QUALIFY! ARE YOU OR SOMEONE YOU KNOW ONE OF THEM?

STAY IN YOUR HOME AND CHANGE YOUR FUTURE FINANCIAL OUTLOOK

We are committed to helping you reduce your monthly mortgage payment, lower your interest rate and lower your principal balance by at LEAST 10%, GUARANTEED!! *Average is more towards 20-30%

We offer legal representation to help you stay in your home, rebuild your credit and consolidate your debt.

We help homeowners who:

Do not qualify for a refinance
Do not qualify for a loan modification
Owe more than the home is worth
Are behind in payments
Are in foreclosure
Want to lower their interest rate
Want to lower their principal balance

We provide the following programs as part of our service to you…

Home Retention
Financial Counseling
Debt Settlement
Credit Restoration
Career Optimization
Financial Coaching
Retirement Planning

So ask yourself, everyone is bitching about the economy so if the US needs a stimulus package lets do the math kid's:

60,000,000 (MERS Qualified Mortgages) x $300(paid to associate) = $18,000,000,000
SCREAM THAT ONE FOR THE CHEAP SEATS!

Not to mention helping this customer stay in there home. So save your house and get off your fat ass and help your neighbors while supplementing your income so you no longer have to worry about finances.

And who says I do not help people....

--
Sincerely,


Founder
mn.equityproject@gmail.com


http://adamaboroughs.blogspot.com

http://mortgage-portal.biz/_renovation/

" No one changes Anything, without risking Everything"




Angel Investors

I was reminded today to update my Blog after I had a cup of coffee with about the dumbest real estate investor I have ever met!!

After meeting with this knucklehead this morning, I will be updating my blog three times today. But the first thing I want to address is Axioms, Specifically from the media (what I cannot understand is why people believe what is published on mainstream is the truth?)They lie people, wake up!!!

Axioms Aren't Always True

Some things are repeated frequently enough they become accepted as common wisdom but closer inspection (not to mention recent history) most often portray a completely different understanding. Savvy REO investors would do well to take a look at these axioms that aren't always true.

Axiom #1 - Housing prices always rise.

Just a few years ago this headline seemed to be stealing the show as fevered buyers stood in line to snap up condo's and bidding wars drove home prices well above the initial asking price. Of course, those days are now long gone and with it the age old wisdom that housing prices always rise. But before tossing the entire idea out, take time to fully understand the basis for the original axiom; historically housing prices have risen and fallen but they do eventually reach higher and higher nominal values as a whole. In part, due to inflationary pressures. Since real estate is a tangible asset, it tends to retain value during inflationary periods of time. Because capitalistic economies count on a regular rate of inflation (roughly 3 percent), hard assets will tend to rise in value over long periods of time. That may be little consolation to those that purchased real estate at the height of the boom expecting it to rise even farther (these guys are the ones that have all of there portfolios in foreclosure). But should likewise provide tremendous consolation and encouragement to current REO investors buying distressed toxic assets my way.

Axiom #2 - Safety in Numbers.

When it comes to investing, this may be one of the most dangerous axioms still in existence. While there may be support for safety in numbers when it comes to purchasing a stock that has enough daily volume in order to sell at a later date, that is about the extent of it. (Example: Look at all of the new Condo projects being sold for pennies on the dollar now, They are not worth the 200k the where selling for and dnever will be) Remember, to make money in an investment requires others to give up their money or new wealth must be created (SFH bought and renovated at .50 cents on the dollar then sold to a family at .80 cents on the dollar, This is a good deal). Plain and simple, investors want to be the exception to the rule - not the rule. Contrarian investors tend to do well if they understand the fundamentals of value, wealth creation and the tax structure currently in operation.

Axiom #3 - Buy & Hold is the best strategy.

Although buy and hold is certainly a viable strategy, it isn't the only game in town. A fast flip can often jump start a sluggish portfolio or bring in enough funds to generate more meaningful gains. Even those that adopt a long-term investment strategy should not simply "buy and hold" but rather buy, hold and rebalance based upon new tax information, depreciation schedule and other individual circumstances. Just as one size doesn't fit all when it comes to investing, the same applies to each property purchased; one parcel may be perfect for a quick flip while another may generate long term profits with a buy and hold strategy.

Sincerly,

Adam Boroughs
mn.equityproject@gmail.com

Did you ever wonder? I wonder every day, just simple thoughts for those of you that really want to make a difference!!

Did you ever Wonder?

Ever Wonder?

Why the sun lightens our hair, but darkens our skin?

Why women can't put on mascara with their mouth closed?

Why don't you ever see the headline "Psychic Wins Lottery"?

Why is "abbreviated" such a long word?

Why is it that doctors call what they do "practice"?

Why is it that to stop Windows 98, you have to click on "Start"?

Why is lemon juice made with artificial flavor, and dishwashing liquid made with real lemons?

Why is the man who invests all your money called a broker?

Why is the time of day with the slowest traffic called rush hour?

Why isn't there mouse-flavored cat food?

When dog food is new and improved tasting, who tests it?

Why didn't Noah swat those two mosquitoes?

Why do they sterilize the needle for lethal injections?

You know that indestructible black box that is used on airplanes? Why don't they make the whole plane out of that stuff?

Why don't sheep shrink when it rains?

Why are they called apartments when they are all stuck together?

If flying is so safe, why do they call the airport the terminal?

If con is the opposite of pro, is Congress the opposite of progress?

The reason I post this is that we all sit back everyday helping ourselves, but looking past the real people we should be helping. Ask yourself a simple question "What have you done to help others? What are you willing to do? Have you truly sacrificed? Are you a good guy or a bad guy?"

Speaking from experience I am the "BAD GUY" because I do help people. I am just not what the system makes everyone else to be. As stated by my 9th grade social studies teacher I am a rouge knight. And frankly proven by history that is what the world needs.

FIRST PLAN OF ACTION TO START OFF 2010! SAVING PEOPLES HOMES!!!!

I am starting a social networking experiment to see how effective people in these groups (LINKEDIN, FACEBOOK, TWITTER) are too each other and to the communities we all live in.

The experiment is very simple, people on the social sites are networked with each other for there related likes, fields or opportunities. The objective of these sites is for people to be able to find other people they know, expand the group or find other opportunities.

Here is the opportunity of the experiment: There are over 4 million people that have had a foreclosure filed on there home in 2009 alone. This number could almost double in 2010. The goal of this experiment is to see how many people we can reach, an pass along the vital information that might be able to keep them in there home without losing it to foreclosure.

This experiment does not require anyone involved to have to learn, study or pass any licensing, just forward the blog to anyone they know in the continental United States.

Here are the program details: This program is managed by attorneys across the United States.

SAVE YOUR HOME / REDUCE PRINCIPLE / STOP FORECLOSURE NOW!

If you are late on your house payments, and don’t see a way out. There is still hope, but you must act fast!

I CAN HELP SAVE YOUR HOME FAST!

You don’t have to let a bank foreclose on your home.
You don’t have to let them ruin your credit.
You don’t have to suffer one more day with the stress of how to fix the situation!
Get answers and an action plan…

TOTAL MORTGAGE RESET
- THE MOST POWERFUL HOMEOWNER PROGRAM AVAILABLE
- NO 2 OR 3 YEAR BAND AIDS

FREE ANALYSIS OF EACH CLIENT'S SITUATION - NO UPFRONT FEES

10% MINIMUM PRINCIPAL REDUCTION GUARANTEE OR 100% MONEY BACK (CURRENTLY AVERAGING 20%)

100% COMPLIANT - ATTORNEY NETWORK (ALL 50 STATES)

This program is NOT a loan modification program, but rather a FULL CIRCLE PACKAGE where we analyze different areas of clients financial picture, where the mortgage is only ONE part and is looked at first as it is the largest investment most people have. After this area has been addressed there will be an analysis of credit, other debt, and long term wealth restructuring and correction.


Reply directly to the discussion for more details and to change any mortgage worries today!

Contact us directly: mn.equityproject@gmail.com





Angel Investors