Where Serious Short Sale Investors Come To Get The Good Stuff...

Dear Student I’ve had the privilege to teach short sales to over 20,000 people in the last 8 years. During that time I personally managed to purchase more than 350 houses from people facing foreclosure. And our team continues to do so every day. This real life momentum has spawned thousands of successful students, and dozens of new short sale experts, who now teach the business while running their own powerful house buying businesses. I’m darn proud of this legacy. The techniques and strategies you’ll find embedded in our seminars and information products on this site were at one time proprietary to only my staff and a few key students. Over the years, we’ve created and innovated these techniques ourselves. When I first started teaching, no one ever knew what a short sale was. Through our now much expanded network, and open sharing in countless hours of private one on one group masterminds, even visiting large bank mitigation centers across the country, we believe we have assembled the most accurate and practical short sale information available. Our personal deals and my short sale advisory board, including our on-staff loss mitigators continue to innovate and refine these strategies everyday. And it’s my goal to make YOU an expert in this field. Once you take this opportunity and run with it, the information on this site will take you places you’ve never even dreamed of.

STARTLING GOOD NEWS REVEALED!

Amidst today’s subprime and prime lender mortgage meltdown, short sales have hit the mainstream. Everybody now knows that short sales are the ONLY way to go in today’s market. Interestingly and oddly enough, there are VERY FEW real educated short sale experts. Meaning it’s highly likely there is no competition in your area. A short sale professional is someone who uses this concept in real estate as their primary source of income. They don’t complain about how tough short sales are, because they understand the parameters, which quickly weds out the time wasters in their deal pipeline. Most investors don’t. So they continually bumble about, befuddled and bewildered, thinking short sales are just too time consuming. That’s an easy and uncomplicated way to quit.

It’s my humble opinion that if you fail to truly learn and utilize short sale investment strategies in your real estate career, you will easily never realize 80% of your income potential. Ask me how I know this… I could name a hundred students in every state who focus exclusively on short sales and preforeclosures as their sole means of income. What’s the difference between them and you?

THEY HAVE GAINED OUR KNOWLEDGE, AND NOW IT’S YOUR TURN.

What are you waiting for? I know, you need to make sure this is real. It IS real to those who don’t make excuses. I’ve seen some remarkable lifestyle transformations in so many students – transformations in mindset, spiritual and of course financial states. We celebrated many of these success stories a couple of years ago, when I personally flew Donald Trump as our Keynote Speaker, and gave away my $70,000 Hummer to my highest achieving student of the year. So what does this mean to you? Bottom line – I want you to prosper and continually benefit from the information we provide. And you should stay plugged in to get continual feedback and support through our online membership community. This time tested information will take you to whatever level you want to go, at whatever pace you want.

WHAT’S NEXT FOR YOU?

Many serious investors (and those seriously disgusted with their J.O.B.) jump in and truly commit, by signing up for our five day intensive “Short Sales Exposed” training. If that’s your choice, then CONGRATULATIONS! Others will start slowly, by checking our some of our free stuff. My advice is to get started on something, create momentum and make a decision. Get your confidence from those who have already made the journey. Read their letters and listen to their amazing backgrounds – all varied walks of life.

At a minimum, it’s recommended you join our monthly membership, which is packed with an onslaught of seriously fabulous online training info, live calls with my negotiators working deals. It's Loaded with Seminar excerpts, how-to videos and teleseminars or if you have an immediate question on a deal you have, jump on board to our Ask The Mitigator Page.

DO NOT LEAVE THIS SITE EMPTY HANDED!

Click to get a Free Hand copy newsletter packed full of killer articles, case studies, and success stories.

I extend a personal invitation to one of our national foreclosure workshops. Remember, those who don’t understand how to invest in using short sales in today’s market are getting left behind. Get yourself into explosive action in 2008, and we’ll see you at the top! To your quantum leap!

Here's what might actually work……..

Let's have the government do something to fix the housing market. Ideas are flying around Washington. They include tax credits and cheaper mortgages for home buyers as well as leaning on lenders to rewrite mortgage terms for struggling borrowers. But maybe we should ask what, exactly, fixing the housing market means--and prepares ourselves for the limits of what these policies can actually accomplish.

Congress passed a bill last July to help the housing market; in an effort to churn demand and stabilize home prices, the bill created a $7,500 tax break for first-time home buyers. It also created a program to stop foreclosures. Bottom line: only 25 loans have been rewritten.  In December, houses sold for 15% less than they did a year earlier. Says Wellesley College economist Karl Case: "Let's not delude ourselves into thinking we're driving a speedboat when we're driving a tanker."

 Most proposals on the table are designed to boost demand without distorting the market and at the same time restrain supply by keeping people in their homes. The core issue is that there aren't enough people buying houses. Usually when price goes down, demand rises, but in the housing market, falling values make potential buyers fearful, sending them to the sidelines as they wait to see how much cheaper homes will get. If we could restore buyers to the market, the thinking goes, prices would stabilize, delinquent borrowers could sell instead of falling into foreclosure which is undeniably hard to stop, and the value of the mortgage-related securities contaminating our financial system would stop being such a mystery.

 Ideas aimed at kick-starting this process include giving everyone who buys a house a tax credit worth 10% of the purchase price and driving down mortgage rates--perhaps to as low as 4%. Nearly one-fifth of all borrowers owe more than their house is worth. At the same time, some houses are still overvalued. Economists disagree by how much, and the answer changes from region to region. Houses in Cleveland are undoubtedly cheap. They could use some new home buyers there. In some ways, proposals to stimulate the housing market aren't really aimed at bringing in new buyers. Extending tax credits to people selling one home to buy another and letting homeowners use cheap mortgages to refinance won't get rid of excess housing inventory. These policies are meant to do something else: stimulate the economy by delivering money to homeowners. The other core issue is that too many people can no longer afford their mortgage. Maybe they took out an adjustable-rate loan that has reset higher, or they lost a job in the slowing economy. If we could stop the cycle of defaults and foreclosures, the thinking goes, we could prevent deeply discounted, bank-sold homes from flooding the market, keep losses from further impairing mortgage-backed securities and preserve property values. That's how we wind up with ideas like paying mortgage servicers to make loans more affordable and changing the bankruptcy code to allow judges to reduce the amount borrowers owe their mortgage company.

 "We need to recognize the goal is not to keep everyone in their houses for as long as possible," says Edward Glaeser, professor of economics at Harvard University.

 But there are also plenty of people who might be able to keep their homes with a lower interest rate or a longer loan period. "Servicers don't have the right incentives," says Christopher Mayer, professor of real estate at Columbia University's Business School. Cutting them a check in return for a modification of the loan, or trumpeting their legal authority to do so, is meant to prime the mortgage-rewriting pump, as is letting bankruptcy judges revise mortgages.  Part of what drives up the redefault rate, though, are changes that don't lower, or may even increase, a borrower's monthly payments. A targeted tool like loan modification is probably a more useful allocation of resources than a blanket policy like cheaper mortgages. Make Some Owners Renters

 Yet no policy can change the fact that both property prices and home-ownership rates went off the charts. 

Neil

Comments

0 responses to "Let's Get Serious"