Hear the first radio episode replay by T.J. Marrs, no head weekly at www.tjmarrsradio.com
This episode we talked about “Credit Repair and Real Estate Financing Strategies for the Real World of Today”.
 
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It seems that every time interest rates rise or housing prices fall, many real estate investors and homeowners run for the hills screaming “the sky is falling the sky is falling”. However one must still …

"Are Short Sales Dead? LISTEN HERE (7 minutes)

Creclub.com

Livingfreeandclear.com

Tjmarrs.com

On the surface it sounds good to attempt to rate banks for their willingness to short sale a mortgage,
when a buyer is facing foreclosure.  You would most likely be obtaining very subjective, not objective data.

The major problem with …

Today’s rescue by the federal reserve of the mortgage bond market was a positive sign, that the federal reserve (the FED), has finally recognized the risks inherent in the housing and mortgage market.  Good for them.

Of course the downsize is that the market could not rescue itself, and thus required he biggest FED bailout since 9/11.

The risk this causes is that rates cold be driven higher as the dollar may be devaluated, is usually happens in such a cycle of activity.  A lower dollar means, it will cost more to buy good, especially foreign good and services.  That is something America depends on too much these days.  My advice, start buying American, and lets strengthen the fundamentals of our own economy and I believe everything can stabilize soon.

What does this mean to the consumer in the housing market?  Expect a slow recovery in prices and interest rates.  Fortunately it can also mean a better supply of funds to make he mortgage investors comfortable enough to start investing in mortgage backed securities, and thus provide new money into the system, for we consumers to borrow to buy property again.

T.J. Marrs
http://tjmarrs.com
http://livingfreeandclear.com
http://creclub.com

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T.J.’s WEALTH MENTOR TIPS & STRATEGIES NEWSLETTER/BLOG:

The banks have a little secret that they really don’t want the general public to know. This week I want to discuss a subject that is near and dear to my heart as a real estate investor. To understand where I come from as an investor you must first understand where I came from. A few years ago, after I had started as a real estate investor, I quickly earned over $100,000.00 in the first 90 days of being in this business. That was real cash, real dollars earned. I quickly paid off a lot of debt, which was a good thing to do. But then I also slowed down my activity, and then the debt began to rebuild again. I quickly learned that I must have a debt management plan if I’m to be successful as an investor. In the upcoming weeks, you’ll be hearing more about our new Turning Debt into Wealth system.

I’m very excited to announce this program because it truly will show you how to get rid of your mortgage debt in as little as 3 to 9 years, without changing your monthly budget. Now what I’m about to tell you is not an illegal scheme or a way to avoid paying your debts. Quite the contrary

All we’re going to do is teach you how to employ the basic concept of timing and management to create a much simpler way to pay your monthly bills and, at the same time, dramatically reduce or eliminate your mortgage in much less time. To better understand this, you must understand that banks make money several ways. They make money on the "spread". The spread is simply the difference between the money that they have to pay out, such as the interest rate on savings accounts, and the income that they earn by lending money out at a higher rate. For example, if they pay you 2 percent on your certificate of deposit (CD) and they lend the money out at 6 percent, they’re making a 4 percent spread on other people’s money.

 
This is often referred to as the "OPM principle". Next, banks make money on "timing". This is to say, if they can hold your money longer they can make money on it on overnight, through the borrowing and lending of money. They also make money by having you pay your payments at the last possible date; therefore, accumulating the greatest amount of interest. Now I’m not suggesting that all you have to do is pay your payments earlier; it’s a little more complex than that. The way in which banks set up the very mortgage notes and debt structures that you pay, are geared to make you pay on the latest possible date and pay the highest possible amount of interest to them. With this system you’ll actually operate like the bank, in terms of the structure and timing of payments on all your bills. This system will not require you to change your overall monthly income of change your actual overall budget. But it will change the way in which you make those payments, so that is to your maximum advantage.

The elements of the plan include: 1. You could end up with as little as two bills to pay per month versus the number of bills you may be currently paying. How would you like to write just 2 checks per month to pay all your bills? 2. You may also end up by reducing your mortgage by 20 years or more.

For example, a 30-year mortgage may be reduced to as little as 9 or 10 years, or even less; thus, eliminating all of those payments that you no longer have to pay. 3. We’ll show you an investing strategy where you can take all that additional money saved and reinvest it into real estate; doing this over and over again. Imagine 10 or 15 years from now, when you have several properties now paid for, earning you income streams on several free and clear rental properties. Compare this to not having a system like this in place and having rentals that barely pay the mortgage payment. Or, compare this to retiring and having a mortgage payment to pay, versus just having a free and clear property to live in. This matter is so huge that we feel it will dramatically affect the overall U.S. economy if we can just get 20 percent of the population going to this new payment system. It’s our goal to lead the way for you and for our clients.

Announcements: We will soon have a series of upcoming tele-seminars on this and other related subjects, which you will certainly want to attend. Our newsletter subscribers will be invited to attend these events. For more details about real estate and investing training, go to www.tjmarrs.com.

Helping America Succeed, One Person at a Time.

Here are just a few additional areas our fully 2005 updated training contains:

* How to cash in on today’s amazing foreclosure market.

* 10 easy ways to buy property nothing down and with zero credit.

* How to get the deals other investors walk away from.

* How to get foreclosure sellers to call you first, every time.

* How to turn a bad deal into a great deal.

* How to get sellers to give you their homes for free.

* How being aware of the new HUD rules and how they will impact our business, will make you money while damaging your competition for not knowing the rules and how to take advantage of them.

* 31 ways to sell property and explosive speed and at above market prices.

Check out our book and course training links now T.J. Marrs

Join the newsletter that is like getting a Free 1 year course in real estate investing above.

CreClub.com is happy to announce an exclusive service for our students and users. We have partnered with RealtyTrac, Inc to bring you the most up to date Pre-Foreclosure and REO listings online. RealtyTrac, Inc is the nation’s largest data provider of foreclosure listings. Their data is updated daily directly from lenders and banks, giving you the quickest leads on new properties. You no longer need to wait for week old notice of default (NOD) lists from title companies, or go down to the court house to search public records by hand. Save time and money by searching for new properties from your desk.

Free Trial Foreclosure Property Search  Search any zip code in the United States.

Your search will be opened in a new window. A small list of the services provided for subscribed members.

1. Preferred Listings Folder: Quickly save properties you are interested in for easy future reference.

2. Last Searches Saved: Your last five searches are saved so you can pick up where you left off during your last visit.

3. Custom Saved Searches: Save and name your own specified search requirements to use the next time you log on. Useful for unique or frequently used searches.

4. Daily Alerts: Automatically be emailed any properties which match your saved search requirements.

5. Postcards: You can print and send postcards directly to sellers. A personalized system can be set up to send multiple postcards, increasing the odds a seller will respond. RealtyTrac will remind you by e-mail to follow-up on postcards you have sent.

6. Evaluation Tools: RealtyTrac has developed several cutting edge tools to give you an in-depth evaluation of property equity. The Xamine worksheet easily displays comparable sales, properties listed for sale on MLS and any liens against the property. Evaluating the estimated value and profit online can help an investor save time and money. Create a whole

NEW REVENUE STREAM for your real estate club or association!
Would your club be interested in earning a passive income by providing this same foreclosure leads service for your club members, right on your club website?  Get details here on becoming a reseller/affiliate…absolutely FREE, no strings attached! Get it on your site now

….TJ’s presentation was excellent… I am ready to go out and make money! No one else prepares you for the real world better.

I EARNED $55,000 at close of first escrow! Steven M.  .

…I am already wholesaling an average of 4 transactions a month, with a wholesale profit of about $2,000-$3000 cash each deal. With your help I am sure I will be able to perfect my deals so they become more profitable., thanks TJ Oscar M.

….TJ made comprehensive recommendations about my purchase and exit strategies for this deal. The cosmetic work and remodeling on this property are nearly done. Net profit from this deal will be between $22,000 and $30,000! AND ON MY SECOND DEAL… Since TJ had helped me analyze and negotiate a large enough equity position I was able to pick and choose which exit strategy I wanted to use. I will collect over $10,000 on this deal next week, even after paying the buyers agent’s commission and $2400 in repairs at closing, not a bad return for $2,000 down. Leaha Lewis

….I found my first deal within 3 weeks for a profit of almost $30,000…..I almost negotiated the deal for a $10,000 profit, TJ showed me how to find another $20,000 I never realized I could get out of the deal on my own. Unlike many real estate programs available, TJ’s program offers a "hands-on" like support training. His approach is very sound and workable. Many times the business of real estate can be intimidating. With TJ the intimidation is gone as walks you through each step and assures your success". Casey C.

Just so you know, I HIGHLY recommend the course to anyone just starting out or even seasoned investors. I would say this was the best money I could have spent period! Augustine Azevedo

It was step by step for me (the beginner) to include voice mails, business cards, etc… I’ve done numerous other courses and T.J. was step by step the Very Best… Rod A. Stinebacher

Within the last 3 months I have tied down 3 pre-foreclosure that will close next month netting $60,000.00. T.J’s coaching program is excellent. Anita Borgaise

T.J. Marrs’ seminar is presented in a clear, straight-forward manner. His material covers a wide variety of subjects beneficial to the investor, from marketing & negotiating to asset protection… and his emphasis on being honest & using integrity in your business dealings is very refreshing. THANKS! Donna Osborne

I had studied other real estate courses, and they all gave vague instructions on what to do, but did not explain how. TJ’s course gives specific instructions about what to say, why you’ll say it. and when to say it. I now have the tools I need to get started. Thanks TJ! Bonnie Dye

I want to thank you for helping me put $2,000 or more dollars in my pocket instantly, before I ever bought my first investment deal. I talked with you about a deal I was negotiating with a buyer. They only wanted to give me $3,000 for a down payment… TJ said I should ask them how much more CAN they can come up with (as part of my negotiating training)? By gosh I did just that… And they said they could come up with a total of $5,000 for a down payment. If I had not had TJ to ask that question of, I would not gotten the extra money from the buyer. Thank you TJ  (NOTE: with a little more recommended patience, this student ended up getting over $30,000 cash down, in his pocket!) Steven B.

…..It has been wonderful working with TJ. He is definitely on the cutting edge of how to automate your real estate marketing system, and is always coming up with new ways to improve the system. Not only do we have great systems but a practical way to implement the strategies. Our business has really got a lot of momentum going since joining TJ’s team . His is never too busy to get back to us and is available to consult with us on the details of our transactions. Being new to this industry, I feel we have a safety net in all our transactions, because he has been there and done it, and can lead us as it’s through the path of little or no risk transactions. It is a great place to be, knowing that you have covered all your bases and protected yourself and our clients. I heartily recommend TJ to others who are ready to buckle up and takeoff. Elizabeth A. Portland, OR

….Just a quick letter to let you know how much we enjoyed our training sessions with you. The information was very beneficial to our investing profile as well as our personal life. Your knowledge and expertise in the field of creative investing and lease options is outstanding. We have gained a whole new outlook on how to buy real estate. We are currently working on applying the information you’ve provided to our investments and hope to work with you more in the future. Please feel free to use this letter as an endorsement to the quality of your program. Hope to hear from you soon and happy investing. Brad & Jim R. Ohio