Hello All:
Get this, President Obama is thinking of stopping all foreclosures (except for investors of course)! What will happen is a government organization will tell the banks and mortgage companies when and if they can foreclose!!!! Does this make sense? Not only will this give the government another slice of power over the free market system, but it will cripple the housing market. The bigger question is who will pay for this? Banks and mortgage companies will close in record numbers; they will not be able to balance non performing properties.
So what is the answer? Unfortunately, we have to allow the market to correct itself! That means foreclosing on those who can not benefit from loan modifications, and assisting them into the rental market.
This is precisely why I strongly suggest that investors use leveraged invest techniques with little to no risk such as "Assignments Made Easy" Click Here for more information.
Until next time - be well.
James Gage
Saturday, February 27, 2010
Tuesday, February 23, 2010
Breaking Real Estate News: Housing Data
James Gage here, with some breaking real estate news:
December Housing Data- Standard & Poors
According to Standard and Poors: “U.S. home prices
unexpectedly slipped in December but the annual rate
of decline slowed, reinforcing the housing market's rocky
road to recovery, Standard & Poor's/Case-Shiller indexes
showed on Tuesday.”
Ok, you maybe asking yourself why does that matter?
It’s February and not December, so who cares! This is
a quarterly snap shot, rather then the monthly report’s
we are use to seeing in the news. This information gives
us glimpses of what to expect in the coming quarters, so
we can adjust our investing methods appropriately and get
an advantage over our competition.
The data did indicate that housing prices actually
Increased slightly in housing markets such as Boston.
Austin, San Francisco, while declines continued in
Florida, Las Vegas and Michigan – just to name a few.
That being said, my investing plan remains the same for
now; I have no plans to change my investing plan, which
concentrates on:
Lease Options
Short Sales (Kibbles and Bits)
Probates ( Find and Assign)
Assignments
Speaking of Assignments, don't forget that my DVD & CD
Presentation on "Assignments Made Easy" 50% off offer ends
tomorrow night at midnight and will return to its normal price of
$37.00.
If you are interested in purchasing this package, plus the
bonus guide @ $18.50 then follow the link below for more information,
and if you decide to purchase it enter promo code: 999.
http://snipurl.com/ugk22
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
I hope this information has been of use to you and your real estate
investing business plan.
To your success,
James A. Gage
www.JGage.com
December Housing Data- Standard & Poors
According to Standard and Poors: “U.S. home prices
unexpectedly slipped in December but the annual rate
of decline slowed, reinforcing the housing market's rocky
road to recovery, Standard & Poor's/Case-Shiller indexes
showed on Tuesday.”
Ok, you maybe asking yourself why does that matter?
It’s February and not December, so who cares! This is
a quarterly snap shot, rather then the monthly report’s
we are use to seeing in the news. This information gives
us glimpses of what to expect in the coming quarters, so
we can adjust our investing methods appropriately and get
an advantage over our competition.
The data did indicate that housing prices actually
Increased slightly in housing markets such as Boston.
Austin, San Francisco, while declines continued in
Florida, Las Vegas and Michigan – just to name a few.
That being said, my investing plan remains the same for
now; I have no plans to change my investing plan, which
concentrates on:
Lease Options
Short Sales (Kibbles and Bits)
Probates ( Find and Assign)
Assignments
Speaking of Assignments, don't forget that my DVD & CD
Presentation on "Assignments Made Easy" 50% off offer ends
tomorrow night at midnight and will return to its normal price of
$37.00.
If you are interested in purchasing this package, plus the
bonus guide @ $18.50 then follow the link below for more information,
and if you decide to purchase it enter promo code: 999.
http://snipurl.com/ugk22
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
I hope this information has been of use to you and your real estate
investing business plan.
To your success,
James A. Gage
www.JGage.com
Monday, February 22, 2010
Real Estate Investing: Assignments Made Easy
James Gage here with Gage Consulting Group hoping that
this blog post finds you and yours in good health.
How would You like to make 3,000 – 7,000 thousand dollars
per real estate transaction, even in a down market, without
owning or financing the property? Well if you said Yes, then
continue reading below...
If you're head is still spinning from the recent changes
and trends in the real estate investing marketplace, and
you're wondering how the heck you can make any money in
this environment without a bag full of cash, then you
won't want to miss out on :
"Assignments Made Easy!"
Banks are even tougher these days with who they're lending
to and what they will finance and they're looking more and
more at your credit and how many years of experience that
you have as an investor!
What if you have less than perfect credit, don't know how to
best present your deal to the bank, want to get commercial
financing, have no substantial cash to put into a deal as a
down payment, or are confused by the new FHA and Prime loan
requirements.
This is the exact process I use in one of my investing
modules for consistent cash flow on a monthly basis.
Before I let you go to read over my exactly what this
CD contains, many individuals have called me and ask
if I would put together a step-by- step DVD & CD on
"Assignments", well your wish is my command. I have put
together a DVD & CD on that very subject please visit
the following link for more information:
http://snipurl.com/ugk22
but it doesn't stop there!
Normally priced at less then a few trips to Starbucks
at $37.00, it is a great value if I do say so myself.
But for the next 4 days (Feb 21 - Feb 24 ) I am
extending to you, my faithful newsletter subscribers
the astonishing price of only $18.50! That's a
whooping 50% off my normal website store price! Enter promo
Code 999 on you order/check out page to receive your
discount.
After Feb 24th it will return to the normal price of
$37.00.
You maybe asking, why am I doing this? Simple, I am
committed to getting this information into as many
investors hands as possible, thereby getting your
bank accounts perked up to where they should be!
So please visit the link provided for more information
on this jam packed DVD & CD package:
http://snipurl.com/ugk22
Also, as a thank you bonus I am including:
My Step by Step Assignments Made Easy Guide, which will
walk you through the process A-Z.
Don't forget promo Code 999
To your success,
James A. Gage
www.JGage.com
With this DVD & CD which is jam packed full of information
you will never have to worry about getting or
controlling a property again.
What you will learn with this powerful package :
On DVD 1 James, goes step by step on how to:
• Choose the appropriate document, for the right deal.
• Fill out each document correctly !
• Protect yourself from litigation in every deal!
• Protect the money you make on each deal, if the deal
doesn’t close!
• And much, much more…
On the CD of Forms, James provides all the contracts you will
need to do any deal, whether a straight transaction or Lease Option
assignment. Each document can be modified on your computer to suit
the structure of any deal.
And of course like all of James's products you will
receive much more.
this blog post finds you and yours in good health.
How would You like to make 3,000 – 7,000 thousand dollars
per real estate transaction, even in a down market, without
owning or financing the property? Well if you said Yes, then
continue reading below...
If you're head is still spinning from the recent changes
and trends in the real estate investing marketplace, and
you're wondering how the heck you can make any money in
this environment without a bag full of cash, then you
won't want to miss out on :
"Assignments Made Easy!"
Banks are even tougher these days with who they're lending
to and what they will finance and they're looking more and
more at your credit and how many years of experience that
you have as an investor!
What if you have less than perfect credit, don't know how to
best present your deal to the bank, want to get commercial
financing, have no substantial cash to put into a deal as a
down payment, or are confused by the new FHA and Prime loan
requirements.
This is the exact process I use in one of my investing
modules for consistent cash flow on a monthly basis.
Before I let you go to read over my exactly what this
CD contains, many individuals have called me and ask
if I would put together a step-by- step DVD & CD on
"Assignments", well your wish is my command. I have put
together a DVD & CD on that very subject please visit
the following link for more information:
http://snipurl.com/ugk22
but it doesn't stop there!
Normally priced at less then a few trips to Starbucks
at $37.00, it is a great value if I do say so myself.
But for the next 4 days (Feb 21 - Feb 24 ) I am
extending to you, my faithful newsletter subscribers
the astonishing price of only $18.50! That's a
whooping 50% off my normal website store price! Enter promo
Code 999 on you order/check out page to receive your
discount.
After Feb 24th it will return to the normal price of
$37.00.
You maybe asking, why am I doing this? Simple, I am
committed to getting this information into as many
investors hands as possible, thereby getting your
bank accounts perked up to where they should be!
So please visit the link provided for more information
on this jam packed DVD & CD package:
http://snipurl.com/ugk22
Also, as a thank you bonus I am including:
My Step by Step Assignments Made Easy Guide, which will
walk you through the process A-Z.
Don't forget promo Code 999
To your success,
James A. Gage
www.JGage.com
With this DVD & CD which is jam packed full of information
you will never have to worry about getting or
controlling a property again.
What you will learn with this powerful package :
On DVD 1 James, goes step by step on how to:
• Choose the appropriate document, for the right deal.
• Fill out each document correctly !
• Protect yourself from litigation in every deal!
• Protect the money you make on each deal, if the deal
doesn’t close!
• And much, much more…
On the CD of Forms, James provides all the contracts you will
need to do any deal, whether a straight transaction or Lease Option
assignment. Each document can be modified on your computer to suit
the structure of any deal.
And of course like all of James's products you will
receive much more.
Thursday, February 18, 2010
Real Estate Investing: Breaking Foreclosure News
Hello Everyone:
Finally some validation on what I have been saying over the past 4 months! If you remember, what I said was “get ready for a 3rd wave of foreclosures”. The increases in home sale prices were just “smoke and mirrors”!
This was just posted by Standard & Poor’s:
Heartened by the recent rise in home prices? Don't get too comfortable. Standard & Poor's, the credit-rating agency that tells investors what mortgage-backed securities are worth, reports that the increase was just an illusion. It predicts the nation is about to see a deluge of new foreclosures that will drive real estate values back down.
Blame the "shadow inventory" – nearly 1.8 million homes that are on the road to foreclosure but for all kinds of reasons haven't gotten there yet.
Now you might be asking yourself, since I predicted what was happening in the housing market – how did I use this information to profit as a real estate investor?
In my next post I will explain how…
James Gage
To profit from this type of information before it happens, why not sign up for my FREE Real Estate Newsletter by Clicking Here ?
Finally some validation on what I have been saying over the past 4 months! If you remember, what I said was “get ready for a 3rd wave of foreclosures”. The increases in home sale prices were just “smoke and mirrors”!
This was just posted by Standard & Poor’s:
Heartened by the recent rise in home prices? Don't get too comfortable. Standard & Poor's, the credit-rating agency that tells investors what mortgage-backed securities are worth, reports that the increase was just an illusion. It predicts the nation is about to see a deluge of new foreclosures that will drive real estate values back down.
Blame the "shadow inventory" – nearly 1.8 million homes that are on the road to foreclosure but for all kinds of reasons haven't gotten there yet.
Now you might be asking yourself, since I predicted what was happening in the housing market – how did I use this information to profit as a real estate investor?
In my next post I will explain how…
James Gage
To profit from this type of information before it happens, why not sign up for my FREE Real Estate Newsletter by Clicking Here ?
Tuesday, February 9, 2010
Real Estate Investing: Lease Options- Making Phone Calls
Lease Options: Preparing to Call Sellers In 3 Easy Steps
First you have to go through your newspapers, preferably 2 weeks old. Start with the houses for sale by owner, cross out any by Realtors (at least for now). Next go through the houses for rent. . Go online to the major FSBO sites and pull down homes in your area. Remember, with some of the changes these sites have made they provide bare bones information unless you sign up. To save time, just take down the telephone number if provided or address so you have a starting point to make contact with the owner.
Now you are ready to organize your calling. Go through the above lists; be sure you don’t have any duplications.
Check your database to be sure there are no duplications; if you don’t have a database now is the perfect time to start one.
Now you are ready to call, here are the 3 Steps :
--> Get your yellow pad and make up your headings of: telephone number, type of property, price, and notes.
--> Pull out your telephone calling script and start calling. If you get an answering machine, leave your message script for the appropriate type of property. When you get to speak to the seller, ask all of the questions in the script.
--> Remember, you want to build rapport with the seller.
In addition, by using your script you will get all your questions answered before you leave your home office to view the property. If not, you don’t leave your home office. Remember, your time, knowledge and energy are valuable commodities, you will not squander them.
Now you are on your way to making profitable deals, and it was easy as 1-2-3 !.
If you liked the information in this article about lease options, why not check out our Lease Option Home Study Package Click Here
First you have to go through your newspapers, preferably 2 weeks old. Start with the houses for sale by owner, cross out any by Realtors (at least for now). Next go through the houses for rent. . Go online to the major FSBO sites and pull down homes in your area. Remember, with some of the changes these sites have made they provide bare bones information unless you sign up. To save time, just take down the telephone number if provided or address so you have a starting point to make contact with the owner.
Now you are ready to organize your calling. Go through the above lists; be sure you don’t have any duplications.
Check your database to be sure there are no duplications; if you don’t have a database now is the perfect time to start one.
Now you are ready to call, here are the 3 Steps :
--> Get your yellow pad and make up your headings of: telephone number, type of property, price, and notes.
--> Pull out your telephone calling script and start calling. If you get an answering machine, leave your message script for the appropriate type of property. When you get to speak to the seller, ask all of the questions in the script.
--> Remember, you want to build rapport with the seller.
In addition, by using your script you will get all your questions answered before you leave your home office to view the property. If not, you don’t leave your home office. Remember, your time, knowledge and energy are valuable commodities, you will not squander them.
Now you are on your way to making profitable deals, and it was easy as 1-2-3 !.
If you liked the information in this article about lease options, why not check out our Lease Option Home Study Package Click Here
Monday, February 8, 2010
Real Estate Investing: Lease Options
Hello All:
I was asked today what is option consideration in relation to a lease option? Option consideration is the money you collect from a tenant buyer, usually 2%-5% of the agreed upon sales price, which is held outside of escrow, to secure the property. Option consideration is non-refundable and used against the remaining balance owed at closing. Many times proof of option consideration can be used when the tenant buyer decides to exercise their option and make application for financing!
For more information on lease options Click Here .
Until next time.
James Gage
I was asked today what is option consideration in relation to a lease option? Option consideration is the money you collect from a tenant buyer, usually 2%-5% of the agreed upon sales price, which is held outside of escrow, to secure the property. Option consideration is non-refundable and used against the remaining balance owed at closing. Many times proof of option consideration can be used when the tenant buyer decides to exercise their option and make application for financing!
For more information on lease options Click Here .
Until next time.
James Gage
Wednesday, February 3, 2010
Short Sales: Pre-Foreclosure News
Hello All:
New federal guidelines that give lenders a 10-day limit in which to respond to purchase offers on short are in play! Sound to good to be true? Yep, it only applies to banks that have received TARP funds. Also keep in mind that if they do respond to the offer in the 10 day window, plan on a 60-90 day or longer closing date - you will still have to go through the whole process!
For more up to date real estate information as it happens go to www.JGage.com
and sign up for our Free Real Estate Investing Newsletter.
Until next time, be well.
James Gage
New federal guidelines that give lenders a 10-day limit in which to respond to purchase offers on short are in play! Sound to good to be true? Yep, it only applies to banks that have received TARP funds. Also keep in mind that if they do respond to the offer in the 10 day window, plan on a 60-90 day or longer closing date - you will still have to go through the whole process!
For more up to date real estate information as it happens go to www.JGage.com
and sign up for our Free Real Estate Investing Newsletter.
Until next time, be well.
James Gage
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