My Weblog

Claim Your FREE Facebook Phenom Rebrandable eBook Now.

dealer24 — Sun, 15 Aug 2010 09:24:29 +0000

You get FREE “GIVEAWAY” & “RESELL RIGHTS”!

Explode your list and start generating $25 and $50 commissions over and over.

Once you rebrand it you will be sent an email with a link that you can Promote, Giveaway, etc for your prospect to to download their free report!

Share it on Facebook, Tweet It, Blog It, You Get It!

http://eCa.sh/QaVu

To your success,
DS Carter

Grab Your Free Facebook Phenom Rebrandable eBook

http://www.downloadmypdf.com/196/dscarter/FacebookPhenomHOFV.pdf

Can I Get A Hand Up?

dealer24 — Fri, 22 Jan 2010 03:57:14 +0000

I am sorry guys I have been busy looking at all this drama and confusion that we are contending with that I just did not want to make any more irrational decision on counter action to fight off all of the bad things being hurdle on us.

Behind every action, beneath every endeavor lies this quiet, persistent, struggling with the hope of over coming a hopeless situation. With Our creative force giving us all the strength to believe in where there is a will there is away to over come any challenge..

I like to pose a question, we all know that the economy is in one of the worst slide, creating one of the hottest real estate markets in decades. Do you know that now is the best time to look into purchasing your own home. You will surely get more home now with home prices devaluing to and all time low.

Did you know you can do “owner finance’ deals without using any of
Banks money whatsoever?

And with these deals, you don’t make the down payment bank require when they lend money you receive from your banker. (Which is usually 10% or more of the home’s value.)

And retail buyers for owner financed homes are everywhere and VERY
easy to find… because most people can’t buy a home with traditional
financing today, even if they have a nice down payment and good
credit.

Buying your home with owner financing is one of the safest and
easiest purchasing strategies you can do today. To get them done
does NOT require one dollar of your money!

Owner financing deals work great for sellers, too!

Especially sellers who have little or no equity in their house, and
are having trouble selling it. When you practice this “owner
financing” strategy, you’re able to offer these sellers a much
better deal than what they can get by listing their house with a
Realtor. Sellers love it!

And back to the retail buyers — who are having a difficult time
getting conventional financing… you’re able to get a much better deal working with the seller than using a bank or mortgage broker.

Finding home owners to work with on your owner financing deals is

S U P E R – E A S Y. First, they are everywhere… and second, it’s as easy as
placing a free ad on Craig’s List.

To learn more about how you can start purchasing your home using owner finance deals in your area, click this link to get a free copy of creative financing… http://theminiurl.com/fc38
Got some ding in your report that you want to clear up? Click here.. http://theminiurl.com/fc39

Banks Walk A Way From Foreclosures

dealer24 — Mon, 20 Apr 2009 11:32:32 +0000

Bank are moving fast forward to foreclosed on homes with delinquent mortgages. This is opening up another stream of problems in the foreclosure market. Banks evaluate homes on a case by case base and if in the evaluation they find that the home has more expensive than the value of the home they will simply walkk away from it. Leaving the person on the mortgage responsible for the clean up, rehab, securing the property. Here in lies a new set up problem for the home owner that has been foreclosed on. Since this process happen after the home owner has been evicted from the property being unaware that the bank has walk away from the propery it not until a large amount of extra charges and the courts start to look for the owners to get the owner to start the clean up on the property that the previous owner find out they are being held responsible for the homes that they had been foreclosed on for there delinquent mortgages.

In order to know if your lender taken possession of your home you should get contact the person handling your file to ensure that they are moving forward with the foreclosure, if they are not then you should seek legal counsel to help you workout with the bank and agreement so you want get a notice that you are needing to clean up or demolish a property.

Foreclosure homes for sale — because they are uninhabited dwellings — invite all kinds of crime.

Devaluing Of Real Estate

dealer24 — Mon, 20 Apr 2009 10:40:56 +0000

Image from FlickrWere you lied to and got into your home with and adjustable Rate Mortgage (ARM). At this time do you feel as though someone is twisting your ARM. Your parents more than likely had fixed rate mortgage, as did their parents before them. The major advantage of fixed rate mortgages is that they present predictable housing costs for the life of the loan. Fixed rate mortgages you get at the start of your purchase do not have any surprises as your loan mature. You were told that you would be able to refinance before the higher rate started to kick in and then the lending practices started to changed and you got caught up in a new lending cycle. This traditional fix rate mortgage is not the only choice nowadays because volatile financial times created a whole new range of selections. However, the 30-year fixed rate mortgage may still be the best mortgage for your circumstances. It offers the lowest monthly payments of fixed rate loans, while providing for a never-changing monthly payment schedule. Some lenders offers 25, 20, and even 40-year term mortgages as well. But remember, the longer the term of the loan, the more total interest you will pay.ch_dcarter[Home Mortgage. Lenders offer multiple type of loan because research indicates that many homebuyers remain in the home for seven to 10 years before moving. For this type of homebuyer, present an excellent way of getting a fixed rate loan at a better than market price for a fixed period of time. Time is your enemy, so take action now and rid yourself of the adjustable Rate Mortgage. You have problem, Lenders have ways of helping you to work out the program that will fit your needs.

Mortgage Warning

dealer24 — Mon, 20 Apr 2009 02:45:48 +0000

Image via Wikipedia The unemployment rate rose from 5.7 to 6.1 percent in August, and non- farm payroll employment continued to trend down (-84,000), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. In August, employment fell in manufacturing and employment services, while mining and health care continued to add jobs. Average hourly earnings rose by 7 cents, or 0.4 percent, over the month. Unemployment (Household Survey Data) The number of unemployed persons rose by 592,000 to 9.4 million in August, and the unemployment rate increased by 0.4 percentage point to 6.1 percent. Over the past 12 months, the number of unemployed persons has increased by 2.2 million and the unemployment rate has risen by 1.4 percentage points, with most of the increase occurring over the past 4 months. Source http://www.bls.gov/news.release/empsit.nr0.htm The real-estate meltdown has gone deeper and wider than most people thought. Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson and James Lockhart, the companies’ chief regulator, met Friday afternoon with the top executives from the mortgage companies and informed them of the government’s plan to take over the troubled companies in a process known as conservatorship. The news, first reported on The Wall Street Journal’s Web site, came after stock markets closed. In after-hours trading Fannie Mae’s shares plunged $1.70, or 24 percent, to $5.34. Freddie Mac’s shares fell 95 cents, or almost 19 percent, to $4.15. The news also followed a report by the Mortgage Bankers Association that more than 4 million American homeowners with a mortgage, a record 9 percent, were either behind on their payments or in foreclosure at the end of June. While both companies say they have enough resources to withstand the losses, many investors believe their financial cushions could wither away as defaults and foreclosures mount. Treasury recently signed a contract with Morgan Stanley to investigate the financial position of Fannie and Freddie, with help from the Federal Housing Finance Agency, the new regulatory body created by Congress to oversee the mortgage giants. Asked if an announcement could come soon, McLaughlin said, “We are making progress in the work with Morgan Stanley and FHFA.” A spokeswoman for the FHFA also declined to comment. Fannie Mae was created by the government in 1938, and was turned into a shareholder-owned company 30 years later. Freddie Mac was established in 1970 to provide competition for Fannie. Source http://biz.yahoo.com/ap/080905/mortgage_giants_crisis.html. With mounting pressure to start some kind of turn around with the economy these candidate have more to show the voting community that they have a plan of action to help get some jobs for workers to start rebuilding there life source. We have real life issues to address and fancy speeches with little substance that a family can look forward to addressing issues that will allow you the opportunity to support your family. You can not give your family things they are in need of with promises that you going to get companies to come a start to produce products where there are in sign of construction to start the process in action. This is the weakest set of principles that are being promise in this election to confront the major issues facing the average man and woman in this election. There are millions of people that are out of work with no signs of finding a job. Millions more either behind or in foreclosure with no way to take care of there problems. So what are we the average person to do to increase our salaries to what they were 4-8 years previous with all the down sizing and job cuts and no new sources of employment to replace the old job with and move forward with our plans that were made when we were earning better income.

Housing Market

dealer24 — Mon, 20 Apr 2009 02:41:47 +0000

The housing market has fallen off the plane. There are lot of idea being spun. Nothing and no one want to come up with a workable solution. There are lot of tidbit remarks but nothing solid to follow in order to correct the market place to get back going in the right direction. The consumers are hungry for away out of this mess. The politician only want to blame the other party that they are the one who are letting all of this unruly operations. Every american depend on credit to make there purchasers. No one can look into your habits of purchasing and forsee that you are not going to be able to keep your promise to pay what you are asking the lenders to let you have in advance. There is no crystal ball to look in and forsee that you are going to get sick, injured and lose jobs that will change your ability to be able to meet your obligation that you have committed to. I am not really all that confused about why so many people are in turmoil in this economy. When the majority of the people are living above there means before the economy has any type of slow down. I would love to have your in put as to how you think this bail out will work out leaving it to the government to have the answers to what is ailing us?

Credit Crunch

dealer24 — Mon, 20 Apr 2009 02:38:53 +0000

$8 TRILLION RESCUE PLAN – Yes, taxpayers face a potential rescue bill of about $8.331 trillion. Some of the money is in loans and guarantees that might not be lost, but don’t count on it. We will spare you the list, but if you are a “glutton for punishment,”http://www.reuters.com/article/americasDealsNews/ idUSTRE4BB0A920081212. Here’s how the Fed’s actions affect you: 1. Fixed mortgage rates: Today’s rate cut will have little if any impact on 30-year fixed mortgage rates, which are determined by factors that operate largely outside of the Federal Open Market Committee’s reach, says Keith Gumbinger of HSH Associates. “Any change in the rate has little to do with long-term mortgage rates,” he says. But in its statement the Fed said it could expand a recently announced program to buy up debt and mortgage-backed securities from Fannie Mae and Freddie Mac that has already driven mortgage rates down to a very attractive 5.28 percent, according to HSH Associates. It also reiterated that it was looking at the possibility of buying long-term Treasury bonds. Both of these announcements could work to bring rates even lower. 2. Prime rate loans: The real impact of today’s cut will be felt by consumers with loans that are tied to the prime rate, a benchmark rate that typically moves in lock step with the federal funds rate. “The only place where you would see a concrete impact at the consumer level would be things that are directly tied to prime,” says Mike Larson, a real estate analyst at Weiss Research. Many home-equity lines of credit and certain credit cards with variable interest rates are tied to prime rate. As such, borrowers with these loans could see their interest rates decline. 3. Home-equity savings: Home-equity loans averaged 5.5 percent in October but dropped to 5.26 percent in November following the Fed’s half-point cut. Gumbinger says he expects average rates on home-equity lines of credit to experience similar declines this time around–but not everyone will be able to take advantage of them. That’s because many of the interest rates on these loans are already at their minimums, and are contractually prohibited to go any lower. So check the terms of your home-equity loan to see if you are eligible to cash in on the decline. 4. Target vs. effective: When credit markets are functioning normally, Fed rate cuts reduce banks’ cost of funding, which allows them to widen profit margins and pass along savings to consumers in the form of lower interest rates. But today’s credit conditions have changed all that. Although the Fed’s target rate stood at 1 percent before today’s cut, such funds were actually being traded in the market at much less than that–just 0.18 percent as of yesterday before the Fed’s action. Although the Fed can usually control the effective rate by buying and selling government securities, the credit crisis has eroded its ability to do so. “Any juice that you would get from a funds rate cut in a normally functioning market, you’re not really going to get that here,” Larson says. “It’s not going to lower the banking industry’s cost of funds, because the banking industry’s cost of funds is already below the target rate anyway.” That means that interest rates tied to the federal funds rate won’t decline as much as they otherwise would have. 5. Now what? Nariman Behravesh, chief economist at IHS Global Insight, expects rates to go all the way to zero in a matter of weeks. “The Fed has already cut the federal funds rate to 1 percent and is likely to take it all the way to zero by the end of January,” Behravesh said in a recent report, issued before today’s announcement. “Once the overnight rate is at zero, the Fed may have to engage in ‘quantitative easing’ [direct purchases of long-term Treasuries].” Even if it doesn’t bring rates all the way to zero, the Fed signaled Tuesday that it’s not about to push rates higher anytime soon. “The Committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time,” the Fed said in the statement. 6. Expect more unexpectedness. With only less than a quarter of a percentage point left to cut, look for the Fed to get even more creative in its efforts to revive the financial markets. New programs to support different corners of the credit market could certainly be introduced in 2009. “The Federal Reserve will continue to consider ways of using its balance sheet to further support credit markets and economic activity,” the Fed said in the statement. Get paid for each visitor that comes to your page:pay per play [i want pay per play.

Weak Housing Sale

dealer24 — Mon, 20 Apr 2009 02:32:11 +0000

Rising unemployment and volatility in the stock market continued to pull down the troubled housing market as sales of existing homes tumbled 10.6% in November from the same period a year earlier. 11.2 — months supply 4.2 million — number of unsold homes 4.02 million — homes sold on an annual basis 8.6% — drop in sales from a month earlier 10.6% — drop from a year ago $181,300 — median price, down 13.2% from a year ago 11.5 — months supply of new homes 407,000 — annualized new home sales for November 35.3% — drop from a year ago $220,000 — median price for a new home, an 11.5% drop from November 2007 The housing crisis is the solution in the cause? Find the history of the housing trap. There are more buried treasure in this mass of corruption than one will ever be able to sort out. The solution will come from the people coming up with workable plans of action. Government bail out are not doing anything to motivate action of correction, it added to the fears of some of the more willing proponent to hinder them from taking the needed action because they are waiting to see just what the plan they are implementing so that they can find ways to work within the new guideline that are being implemented to correct a mortgage system that has run off course to build up a fairy land of mirage debts that are no more than fictious transction to build some lenders bottom line to appear to managing more loans then actually exist.

Housing Market No sign Of Recovery

dealer24 — Mon, 20 Apr 2009 02:27:15 +0000

Shrinking employment is reducing the demand for commercial real estate, and the Urban Land Institute, an industry trade group, is predicting that the bottom of the commercial market is still six to 12 months away. ByDesign Financial Solutions, a nonprofit organization offering personal finance counseling and education, is urging consumers to make “getting out of debt” their New Year’s resolution. 1. Stop Charging. Adding to your existing debt will only make the problem worse and counteract any other steps you take to pay down your balance. 2. Transfer Balances. Call your credit card issuers and try to transfer all of your balances to the card with the lowest interest rate. If this isn’t possible, make minimum payments on the cards with the lowest rates and pay as much as possible on the highest interest cards until they are paid off. Once you get down to one card, continue paying as much as you did to the highest interest rate card. 3. Asses Your Total Debt. Once you determine the total, use an online debt repayment calculator to experiment with different payment amounts to see what type of realistic monthly payment you’ll need to make to pay off the cards. Try the free calculator at: www.bankrate.com/brm/calc/creditcardpay.asp. 4. Increase Your Income. When you don’t have enough income to have funds remaining after expenses, the only alternative is to increase your income. Use as much of that extra income as possible to make additional credit card payments. Some income options include working overtime, seeking temporary part-time work and selling stuff on Amazon, eBay, Craigslist or through newspaper classified ads. 5. Focus. This plan will work if you maintain focus. Paying off your debt must become a priority for the duration of your plan. There will always be temptations to charge a vacation, buy a new car or do home-improvement projects. Being conscious of every spending decision will help you meet your goals. For more advice from ByDesign or to arrange for free, confidential debt counseling, go online to www.ByDesignSolutions.org or call 800-750-2227.

Housing Market Slumping

dealer24 — Mon, 20 Apr 2009 02:22:11 +0000

The number of foreclosure filings was up 17% in December from the previous month according to RealtyTrac’s year end report. That increase comes in spite of new government efforts to prevent foreclosure. It’s been quite a year, one that many real estate professionals might care to forget. More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81% increase from 2007. Housing prices across the country have fallen dramatically over the past year because of the increase in foreclosures. These are some of the leading fact that led to the problem and will most likely be the reason for it slow recovery. 1. Recession: After months of speculation, the National Bureau of Economic Research made it official Monday, announcing that the U.S. economy entered into a recession in December 2007. The only question now is: How painful a recession will we have? In a November 21 report, economists at Goldman Sachs revised their previous forecast to reflect a more significant economic contraction and higher unemployment. “We now estimate that real GDP is falling at a 5 percent annual rate in the current quarter, and we expect this to be followed by declines of 3 percent and 1 percent in the next two quarters,” the economists said. “This deepens and extends the expected recession, bringing the drop in GDP close to the decline seen in 1982 (2.3 percent in our forecast versus 2.7 percent then).” The recession will exert downward pressure on the housing market in a number of ways. 2. Higher Unemployment: The shrinking economy will result in additional layoffs, which will work to smother housing demand. The unemployment rate has already been climbing—it now stands at 6.5 percent—but many expect it to increase significantly in the coming year. Goldman Sachs projects the unemployment rate to hit 9 percent by the end of 2009. “This forecast, if correct, makes the current recession unequivocally the worst single downturn on record since World War II insofar as increases in joblessness are concerned,” the economists said. Fewer jobs mean fewer home buyers, since an income stream is essential to obtaining a mortgage. “A job is necessary for a home,” says Mark Zandi, chief economist at Moody’s Economy.com. “Without [a job] you can’t get [a home].” 3. Consumer Confidence: If consumers are worried about the state of the economy and their jobs, they are much less likely to make the biggest financial investment of their lives: buying a house. With a leading survey showing that consumer confidence in the United States dropped to 28-year lows in November, downward pressure on this front will be working against the housing market as well. “You generally don’t buy a home unless you feel pretty good about your economic situation,” Zandi says. “No one feels good [today].” 4. The Underwater Effect: A recent Zillow report found that 1 in 7 American homeowners has negative equity—owing more on a home than it is worth. (For those who bought a home in the past five years, it’s nearly 1 in 3.) Many homeowners in this situation will choose to simply walk away from their homes rather than continue to pay off a devaluing investment. And with home prices expected to fall further next year, the number of “underwater” mortgages will most likely increase. “The underwater phenomenon is going to be very bad in 2009,” says Christopher Thornberg of Beacon Economics. 5. Tighter Credit: As banks face higher loan delinquencies, they’ve responded by jacking up their lending standards for even well-qualified borrowers. The Federal Reserve’s most recent Senior Loan Officer Survey found that 70 percent of domestic banks had boosted their lending standards for prime mortgages. More stringent terms will prevent certain borrowers from obtaining mortgages, thereby limiting demand for housing. 6. Slowing Household Formation: At the same time, the pace of new household formation is slowing, which further chips away at housing demand. Richard Moody, chief economist at Mission Residential, says the development is linked to three factors: More singles are moving in with each other, young adults are returning to live with their parents, and fewer immigrants are entering the country. “For those three reasons, you are seeing a slowdown in the rate of household formation,” Moody says. “And to the extent that the economy and the labor market remain weak this year—which I think they will—then that’s going to continue.” 7. Radioactive Effect: Despite lower real estate prices and cheaper mortgage rates, the pain inflicted by the housing bust will frighten many would-be buyers away from the market next year, Larson says. “Enough of your ‘average Joes’ have been burned very badly and will be burned by the time this is all over that investment money is not going to flood back into the market,” Larson says. “Any recovery—in my opinion—will be gradual and is going to take time.” 8. Foreclosure Sales: A huge problem for the housing market in 2008, foreclosure sales will continue weighing down the market next year. “There was a surge this year,” Zandi says. “But next year [there] will be even more.” While that will give buyers an opportunity to go bargain hunting, it’s bad news for sellers. “It puts more homes out there for sale at a very deep discount,” Zandi adds. 9. Subprime Mortgages: While resetting subprime mortgages may not be a leading factor behind the decline in home prices—as they were this year—such products will again be working against the housing market in 2009, Thornberg says. “There are still lots of subprime mortgages out there that are going to reset not just in 2009, but 2010 and 2011,” he says. “And so that’s going to be a consistent problem for a while, although it is probably reduced in magnitude [from 2008].”