Mortgage Secrets…Learn What the Experts Say

Right now we are in a Different time…right?  And like any rough time in our economy, being positive and truthful is necessary.  Most of what you are hearing and seeing is negative and down right depressing.  But I have to say, if you’ve been reading my weekly emails [ come on, I know you have =) ], you will have noticed that there are a lot of positive things happening not only at Silverstar but in the real estate market as well.

When was the last time that you could buy a home in Southern California at such a discount?  And when was the last time you could buy cash flowing investment real estate?  And think of how much lower your property taxes will be or could be?  Like I said, Better is Always Different.

Well Guess What???  The time is now, even Alan Greenspan agrees.

Alan Greenspan told the Wall Street Journal last week that we are witnessing a 100-year event. That could possibly mean that in his opinion our housing crisis surpasses that of the great depression of the 1930s. (Different)

“The truth is, this problem will not be fixed from the top down. It will only be fixed from the bottom up. Courageous positive individuals need to take action now to clear excessive inventory (one house at a time) before pricing will normalize.” (Better)

Even though the government is trying to implement new policy to help homeowners survive, the market turn around will ultimately come from homes being bought by people who are qualified to buy their first home and investors who are purchasing rental properties.  Everyone needs a roof over their head so don’t think that real estate is a bad investment or it’s a bad time to buy.

True, this is a different (better) time to buy that and requires different strategies and qualifications.  I know what it takes to buy a foreclosure or an auction property based on experience, not based on what someone else is saying.  I also know the importance of financial security and how to help you develop a road map to manage your debt and cash flow.  We have been helping our clients for years develop their blue print.  Change is good, working with someone who changes is even better.

How Silverstar is Different
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Quote of the Week:

“It is not the crook in modern business that we fear, but the honest person who does not know what he is doing.” ~Owen D. Young

Research has confirmed that one out of every three homeowners have no idea what kind of loan they have. If you and/or any of your family members find yourself in that category, I have set aside some time to review their loan and provide advice to determine what to do next.

When a family member, friend or neighbor needs advice about buying/selling/borrowing, please don’t keep me a secret because you want them to get the best possible result and be delighted that you introduced me, don’t you?

All anyone has to do is give me a call to talk about their own situation or equally as important, to give me the name and number of someone they think will benefit from a relationship with a trusted adviser.

Rarely do I send out the same video twice but, in this case, it’s such a no brainer (saving money) that I would hope everyone would inquire after watching the video. Will you do me a favor? Will you please forward this email to those who you work with or better yet, to a Human Resources person who is authorized to forward this to the entire company ? I’m sure your fellow co-workers/friends/teammates will certainly appreciate their company looking out for them by way of giving them a way to save hundreds, if not thousands of dollars each and every year. This will, of course, spread the word about what we do here as well. Let’s just call it another win/win for everyone. Read the rest of this post

This quote is a perfect fit for what I talk about in my video today:

“The great thing in this world is not so much where you are, but in what direction you are moving.” And it’s completely up to you!!  ~ Oliver Wendell Holmes

Great Big Dreams Require Great Big Thoughts & Little Tiny Steps from Janet French on Vimeo.

It’s really quite simple to enlist the help of a Trusted Advisor team. All it takes is one simple phone call to schedule a short 1-2 hours of your time to sit down with me and get your finances on track. From that point forward, all you need to do is keep committed, meet with us annually and let us handle the rest. Now you’re on your way to a balanced life!!

And if even if it’s not the time to refinance your loan, you may be thinking, “What on earth could a mortgage consultant do for a client that doesn’t need a loan? After all, the loan is closed…what else is there???”

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Get Out of the Box

“Wherever we look upon this earth, the opportunities take shape within the problems.”
~ Norman Rockefeller, U.S. Vice President

In this weeks video, I discuss a few important topics pertinent to today’s economic conditions:

1. 3 solid money saving tips
2. I’ve come up with a solution to the energy crisis and I’ve also found a way to balance the budget. I’ll share with you my ideas on how to solve both problems in a relatively short amount of time.
3. I will discuss with you why this real estate market and the opportunities that are there for the taking are unlike any other real estate market cycle in times past.

Of course, all ideas and plans require willing and accountable participants that finish what they start. I’m always here to lend my 2 cents to those inspired to make a change for the better in their lives. I’ve had my own set of hard times and I’ve participated in plans that had no chance of success, and I learned a lot from every one of them. Now, however, I have a team of experts that will do their very best to ensure that my mistakes of years past are not repeated.

Human progress and excellence comes when someone goes beyond “why” to “why not?”
~ John Glenn, astronaut, U.S. senator

As you watch this video, think about the following:

Often you don’t know what you can do until you do it; what you can be until you become it; or what you can have until you have it. Enjoy!

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Quote of the Week:

Vision (I made “vision” realllly big because it takes as much energy to think BIG as it does to think small. Pretty cool, right?)

“People who say that life is not worthwhile are really saying that they themselves have no personal goals which are worthwhile. Get yourself a goal worth working for. Better still, get yourself a project. Always have something ahead of you to look forward to…to work for and hope for.”

Dr. Maxwell Maltz

Author and Psycho-Cybernetics

The inspiration for my video this weeks comes from a very personal story of mine that happened last week and it has everything to do with asking the right questions of your paid professional before AND during the loan process. A great point that I mention in my video this week is the importance of knowing what your trusted advisor is going to do for you AFTER your escrow is closed. I mean, don’t you want to know? If you are working with someone who isn’t a cheerleader for what his/her company does for their clients after a transaction is closed, well, I hate to break this to you but, there probably isn’t a whole lot that company AND that person has to offer you by way of continuing education and debt management. It’s an unfortunate part about the mortgage industry. We are doing our part to fix that problem!

Please take a few minutes to watch this video (that was supposed to go out two days ago….arrrrgh!), then read the rest of my email:

http://www.vimeo.com/1125901
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Today I talk about what I have been seeing and hearing in the real estate market. There is a lot of fear about buying property because values are still dropping and yet when you look at the facts, homes are on sale, interest rates are still at historic lows and money is still available. BUT, it’s next to impossible to time the bottom of the market AND money is getting harder to get every week and interest rates are expected to rise.

You have a choice. Risk is waiting until you think prices have hit rock bottom and hope that you can still get financing OR be stoked that homes are on sale today and financing is still relatively decent.

And that brings me to my Quote of the Week….

“When you realize that by changing your perspective, big things can be seen as little things, it becomes much harder to worry about anything at all.” ~Tut - A note from the Universe

80% of all millionaires in this country made their money in real estate, and it wasn’t simply because they owned investment property! Owning real estate as an investment is a great tool because you can leverage the asset to further your wealth. BUT of course you have to own it first before you can take advantage of appreciating and declining home values. Shouldn’t you get to be one of the 80%? Absolutely!