Mortgage Market News - Phoenix, AZ

We've all seen them, the late night real estate gurus showing you how to make money in tax liens, foreclosures, brokering notes and the like. I know I have and I have even spend money just to see if there was something there that I didn't know. As a real estate and mortgage professional, I often found something of value which expanded my knowledge and put me in a better position as a real estate investor. But what about the average person who has no experience, can they succeed?

During these shows, you will hear success stories from seemingly average people who have above average success. There is always a disclaimer saying that the results are not typical however. Here is why they don't work:

1. We all have different learning styles. If you buy a video and your learning style is a reader, you might have some trouble absorbing the materials (and vice versa).

2. People are often skeptical of the upsells. Most of these companies will try to offer you coaching or hand holding services, but you called on the $39 offer, right? Not wanting to be sold, you decline all of the offers - but what you don't realize is that the odds dramatically decrease for your success without a coach or someone to walk through the process with you.

3. It's nearly impossible to go it alone. Most of your friends and family will give you a hard time about your purchase and you will very likely become quickly discouraged unless you find others to help you stay motivated. If you haven't done anything before it's always much harder and the success rate is always much lower.

4. You Don't Have the Resources. Investing in real estate takes lots of resources. You need attorneys to do title searches, appraisers to help you find value, contractors to estimate and repair properties, agents to help you sell your properties, mortgage lenders to help you finance your purchasers, property managers to help you screen tenants, and the list goes on.

Here is the Good News!

I am a part of a local real estate community that addresses each of the challenges above and then some, and gives you the best chance for becoming a successful real estate investor and entrepreneur. Here is what we've got:

1. Solid Training. You can learn the A to Z's of real estate from people who are currently investing in your local market.

2. Coaching. You will also have people that have "been there" who will eagerly help you, or even partner with you on your first few deals to help you achieve success.

3. Resources. Not only do we have the real estate professionals, but we have access to the properties that are ready for our students to move on.

4. A Proven System. Our system is hands down the best on the market. You won't find it sold on late night TV, but your neighbor just might beat you to it.

You will learn multiple real estate investment strategies, including:
- How to buy real estate with bad credit
- How to buy real estate without having any money
- Creating financing strategies
- How to earn short term profits in real estate
- How to creating passive income through real estate
- How to retire wealthy by investing in the right kinds of real estate
- How to help people facing foreclosure
- So much more!

If you are interested in learning the A to Z's of real estate investing to to take advantage of the rock bottom prices accross the valley AND learning how to help your friends, family, and neighbors that are facing foreclosures (and earning some money in the process), then call me ASAP at 800-453-9290. Our team has limited availability for the amount of people was can train at any given time. One last thought. Keep in mind that since 1963 the median price of real estate has increased every years except for two. Sure, we have seen some lows in the valley, but in real estate what goes down, must come up over time. Now is the time to get in the game.

I look forward to hearing from you and I wish you success!

Anthony

I have spoken with far too many people that have not only had problems paying their mortgage, but have waited too long to do anything about it. There are many reasons that people can start to struggle with their finances, and it doesn't mean that are bad people.  Your bank is not the evil landlord who is looking to foreclose on your home either, but they do want to hear from you when you are having trouble.  Many times they can work out a repayment plan with you BUT you need to talk to them BEFORE they contact you.  By then, they may feel that you have just neglected your responsibilities.

Life Happens
People lose jobs, people get sick, people lose investments, people have tenants that don't pay thier rent, and the list goes on. Sometimes the answer is selling your home, sometimes it is walking away, but it does not always mean you have to lose it all.

What to Do
As soon as you see a problem arising with your finances, you need to think about your mortgage first as it is your most critical debt if you own a home. Contact your mortgage company and tell them your situation and see if they are willing to work something out with you. Contact your mortgage lender, provided that they aren't the reason you are in the situation you are in, and let them know you need some help.  Call your real estate agent and find out what your home is really worth and what the market looks like. These professionals can be a huge help to you, so don't try to go it alone.

What If You Have Waited Too Long?
If your bank has contacted you and told you that are facing an imminent foreclosure, it's now too late to call your lender or your realtor.  You now need to contact a foreclosure specialist. Let me clarify the two types of foreclosure specialists that exists. The first can help you negotiate with your bank and keep your home, and the second can help you sell your home even if you owe more than your home if worth (they are also called short sale specialists).  Do your homework, get referrals, and make sure you are dealing with a reputable person here because I have personally seen greedy people jump into this market space in the name of helping people, but they are actually preying on desperate people.

My company currently offers foreclosure assistance. We have a team that includes both bank negotiators and investor buyers that have a sincere desire to help you, not matter what the circumstance.