"Do You Feel Trapped by Your Current Mortgage and the Loss of Your Home's Value?"
Homeowners all across the U.S. are feeling feeling the stress due to a decline in the value of their homes and the fact that they now owe the bank more than their property is worth.
According to a report published in May 2010 by First American CoreLogic a real estate information company based in Santa Ana, CA “more than 11.2 million, or 24%, of all residential properties with mortgages, were in negative equity at the end of the first quarter of 2010.” Of that number in California alone more than 2.4 million homes or 1/3 rd of all mortgages have negative equity.
However, there is hope through an option known as Short Pay Refinance which may be the best solution for them if they qualify for it.
The underwater mortgages and negative equity pose a roadblock to a housing recovery because the underwater mortgages are more likely to fall into default leading to a potential foreclosure by the bank. Most banks have already been taking big losses on foreclosure and short sale properties and are considering other options as well.
Short Pay Access is able to help homeowners anywhere in the U.S. through the best short pay refinance program available today. The company does not charge any upfront fees to homeowners. It offers a solution for both banks as well as for the homeowners. The Homeowners get to keep their home with a lower principal balance and lower monthly mortgage payments more in line with the current value of their home and the banks get a chance to “clean-up” their balance sheet by getting a property completely off their books.
Banks are becoming more willing to accept a short pay refinance specially if the borrower is current on their mortgage but is experiencing some type of short term financial difficulty or the interest rate on the borrower’s current loan is about to increase.
A Short Pay Refinance also provides the bank with an infusion of “cash” which increases their ability to invest in other opportunities or to lend out. Banks are in the “Lending” business and not the Real Estate business.
Unlike a Loan Modification or a Short Sale, which sometimes requires a borrower to be delinquent on their mortgage payments, the Short Pay Refinance Program follows standard lending guidelines and only works if the borrower has a clean recent mortgage payment history.
The mortgage needs to be more than the current market value of the home
Borrowers need to be current on their mortgage – no late payments
The Borrower’s credit score must be 620 or better
The Borrower must have verifiable income
The property must be the borrower’s primary residence
Short Pay Access works with the lender in order to complete the short pay refinance and gets the lender to write off a portion of the loan amount. Doing a Short Pay Refinance gives homeowners the ability to refinance their homes at the fair market value. The process involves paying off the current lenders loan at fair market value and then refinancing their home with a new lender at the current market value.
The Short Pay Access team led by licensed negotiators and assisted by experienced processors have carefully built working relationships with lenders. The team is well versed in the lender’s requirements and preferences and uses this experience to help the homeowner without wasting any time dealing with unknowns.
To find out if you qualify for the Short Pay Refinance program contact the Short Pay Access team by calling (925) 309-6109 or visit the website at http://www.ShortPayAccess.com
If you are looking to get into the Laundromat business it is important to learn important how to analyze and evaluate the store the right way so that you don't make a mistake and overpay. The problem I find with most Laundromats for sale, is that after you finally get all of the info from the seller, you find that the store doesn't make financial sense. Finding a good store is probably the hardest part of this business. The site above can help you can with this process and offers so free advise on how to find, analyze, evaluate, and buy a Laundromat.
With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away. Interview on Countdown with Keith Olbermann. http://www.ShortPayAccess.com
Mortgage Prinicipal Reduction Program. 60 minutes Extra: The case for walking away from your mortgage. For Short Pay Refinance visit http://www.ShortPayAccess.com
Master Real Estate Investor, Non Performing Paper & Pre-Foreclosure Expert 2 Day Training
Sunday May 9th thru May 10th, 2010 Holiday Inn Dublin (used to be Ramada) 6680 Regional St Dublin, CA 94568
Terry Bontemps is a top nationwide expert in the field of Non Performing Paper and Defaulted Bank Loans. He has spent the last seven years developing this step-by-step system that shows you how you can Buy Portfolios of Defaulted Bank Loans from banks and financial institutions at a discount.
Terry will show how to buy "Nonperforming Paper & Defaulted Bank Notes" in today's foreclosure market at a discount plus his #1 secret to how to really cash in on the foreclosure and economic crisis by positioning yourself properly. You will also discover how you can build relationships with banks so you can stop looking for deals and instead have banks come to you.
Visit http://www.ShortPayAccess.com to find out more about the new short pay refinance program that can benefit homeowners, real estate professionals, and lenders. Video interview on Fox News "Principal Balance Reduction Loan" talsk about this.
http://www.TheShortSalesWorkshop.com San Ramon based California bay area Short Sales experts who provide short sales training to Real Estate Agents and help process and successfully close short sales for homeowners & realtors. Have short sale workshops.
The Pocket-size DJ System - With all the functionality of a professional set-up Pacemaker is the first product in the world that truly brings deejaying to the masses and right into the hands of the next DJ generation.
Jim Britt will be speaking at the Wealth and Health Network (WHNclub) meeting on Wed January 20th, 2010 at the Hyatt Place Dublin/Pleasanton CA at 6 pm. You can register to attend at http://www.WHNclub.com
This ia an inspirational video about letting go of fear, worry and doubt. It's not just OK to let go... it's the best way to overcome anxiety, reduce stress, create wealth, and have loving, happy relationships. This motivational video is dedicated to those who know they can do better.
Protandim® as seen on ABC Primetime. Incredible opportunity to become involved with the company, LifeVantage, maker of Protandim®. This company is in "pre-launch status".
All over America, people are behind in their mortgage payments and foreclosures are at an all time high. Declining home values have left many homeowners unable to sell their homes because they owe more than the homes are worth. There is hope, however. A process known as the "Short Sale" is allowing homeowners to get out from under their mortgages and allowing them to get a fresh start.
Short Sales Access assists Homeowners and Real Estate Agents nationwide to help get their short sales closed. Most people do not have the resources, process knowledge, or experience needed to go through the process by themselves.
If you are a HOMEOWNER facing difficulty making your mortgage payments, have loss of income, or owe more than your property is worth, find out how a Short Sale could help you possibly avoid foreclosure, and get you back on your feet.
If you are a REAL ESTATE PROFESSIONAL the Short Sales Access team can handle all your short sales processing giving you the ability to move on and find another deal thus saving time and freeing you up so that you can make more money!
The Short Sales Professional Team spends hours and hours on the phone with lenders for each short sale. This is a great benefit and a time saver for real estate professionals. The Short Sales Access Team does all the heavy lifting enabling the real estate professionals to concentrate on making more sales.
If you are a BUYER looking for amazing bargains, find out how you can make money in your own backyard with Short Sale properties. Short Sales Access is dedicated to serving the investor and home buyer get the best deals in short sales properties.
Short Sales Access provides live workshops for Real Estate Professionals and homeowners who want to learn how we can help them process their short sales and they also learn the basic short sales process. Check out the workshops, seminars, and courses on the Short Sales Access website.
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"Do You Feel Trapped by Your Current Mortgage and the Loss of Your Home's Value?"
Homeowners all across the U.S. are feeling feeling the stress due to a decline in the value of their homes and the fact that they now owe the bank more than their property is worth.
According to a report published in May 2010 by First American CoreLogic a real estate information company based in Santa Ana, CA “more than 11.2 million, or 24%, of all residential properties with mortgages, were in negative equity at the end of the first quarter of 2010.” Of that number in California alone more than 2.4 million homes or 1/3 rd of all mortgages have negative equity.
However, there is hope through an option known as Short Pay Refinance which may be the best solution for them if they qualify for it.
The underwater mortgages and negative equity pose a roadblock to a housing recovery because the underwater mortgages are more likely to fall into default leading to a potential foreclosure by the bank. Most banks have already been taking big losses on foreclosure and short sale properties and are considering other options as well.
Short Pay Access is able to help homeowners anywhere in the U.S. through the best short pay refinance program available today. The company does not charge any upfront fees to homeowners. It offers a solution for both banks as well as for the homeowners. The Homeowners get to keep their home with a lower principal balance and lower monthly mortgage payments more in line with the current value of their home and the banks get a chance to “clean-up” their balance sheet by getting a property completely off their books.
Banks are becoming more willing to accept a short pay refinance specially if the borrower is current on their mortgage but is experiencing some type of short term financial difficulty or the interest rate on the borrower’s current loan is about to increase.
A Short Pay Refinance also provides the bank with an infusion of “cash” which increases their ability to invest in other opportunities or to lend out. Banks are in the “Lending” business and not the Real Estate business.
Unlike a Loan Modification or a Short Sale, which sometimes requires a borrower to be delinquent on their mortgage payments, the Short Pay Refinance Program follows standard lending guidelines and only works if the borrower has a clean recent mortgage payment history.
Short Pay Access works with the lender in order to complete the short pay refinance and gets the lender to write off a portion of the loan amount. Doing a Short Pay Refinance gives homeowners the ability to refinance their homes at the fair market value. The process involves paying off the current lenders loan at fair market value and then refinancing their home with a new lender at the current market value.
The Short Pay Access team led by licensed negotiators and assisted by experienced processors have carefully built working relationships with lenders. The team is well versed in the lender’s requirements and preferences and uses this experience to help the homeowner without wasting any time dealing with unknowns.
To find out if you qualify for the Short Pay Refinance program contact the Short Pay Access team by calling (925) 309-6109 or visit the website at http://www.ShortPayAccess.com
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How to Buy a Laundromat How to Buy a Laundromat
If you are looking to get into the Laundromat business it is important to learn important how to analyze and evaluate the store the right way so that you don't make a mistake and overpay. The problem I find with most Laundromats for sale, is that after you finally get all of the info from the seller, you find that the store doesn't make financial sense. Finding a good store is probably the hardest part of this business. The site above can help you can with this process and offers so free advise on how to find, analyze, evaluate, and buy a Laundromat.
Options for Homeowners with Un Options for Homeowners with Underwater Mortgage
Options for Homeowners with Underwater Mortgage:
http://www.ShortSalesAccess.com
http://www.ShortPayAccess.com
WEWSTV — May 07, 2010 — John Matarese reports on people who owe more than the value of their homes.
Underwater Mortgages Underwater Mortgages
With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away. Interview on Countdown with Keith Olbermann. http://www.ShortPayAccess.com
Mortgage Prinicipal Reduction Mortgage Prinicipal Reduction
Mortgage Prinicipal Reduction Program. 60 minutes Extra: The case for walking away from your mortgage. For Short Pay Refinance visit http://www.ShortPayAccess.com
Non Performing Paper and Defau Non Performing Paper and Defaulted Bank Notes
Master Real Estate Investor, Non Performing Paper
& Pre-Foreclosure Expert
2 Day Training
Sunday May 9th thru May 10th, 2010
Holiday Inn Dublin
(used to be Ramada)
6680 Regional St
Dublin, CA 94568
Terry Bontemps is a top nationwide expert in the field of Non Performing Paper and Defaulted Bank Loans. He has spent the last seven years developing this step-by-step system that shows you how you can Buy Portfolios of Defaulted Bank Loans from banks and financial institutions at a discount.
Terry will show how to buy "Nonperforming Paper & Defaulted Bank Notes" in today's foreclosure market at a discount plus his #1 secret to how to really cash in on the foreclosure and economic crisis by positioning yourself properly. You will also discover how you can build relationships with banks so you can stop looking for deals and instead have banks come to you.
Terry Bontemps
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Visit http://www.ShortPayAccess.com to find out more about the new short pay refinance program that can benefit homeowners, real estate professionals, and lenders. Video interview on Fox News "Principal Balance Reduction Loan" talsk about this.
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http://www.TheShortSalesWorkshop.com San Ramon based California bay area Short Sales experts who provide short sales training to Real Estate Agents and help process and successfully close short sales for homeowners & realtors. Have short sale workshops.
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Jim Britt will be speaking at the Wealth and Health Network (WHNclub) meeting on Wed January 20th, 2010 at the Hyatt Place Dublin/Pleasanton CA at 6 pm. You can register to attend at http://www.WHNclub.com
This ia an inspirational video about letting go of fear, worry and doubt. It's not just OK to let go... it's the best way to overcome anxiety, reduce stress, create wealth, and have loving, happy relationships. This motivational video is dedicated to those who know they can do better.
Click Here for home based business opportunity.Protandim® as seen on ABC Prim Protandim® as seen on ABC Primetime
Protandim® as seen on ABC Primetime. Incredible opportunity to become involved with the company, LifeVantage, maker of Protandim®. This company is in "pre-launch status".
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Short Sales Training - http://www.ShortSalesGateway.com - This is great short sales training for homeowners, real estate agents, and buyers.
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About Short Sales Access
All over America, people are behind in their mortgage payments and foreclosures are at an all time high. Declining home values have left many homeowners unable to sell their homes because they owe more than the homes are worth. There is hope, however. A process known as the "Short Sale" is allowing homeowners to get out from under their mortgages and allowing them to get a fresh start.
Short Sales Access assists Homeowners and Real Estate Agents nationwide to help get their short sales closed. Most people do not have the resources, process knowledge, or experience needed to go through the process by themselves.
If you are a HOMEOWNER facing difficulty making your mortgage payments, have loss of income, or owe more than your property is worth, find out how a Short Sale could help you possibly avoid foreclosure, and get you back on your feet.
If you are a REAL ESTATE PROFESSIONAL the Short Sales Access team can handle all your short sales processing giving you the ability to move on and find another deal thus saving time and freeing you up so that you can make more money!
The Short Sales Professional Team spends hours and hours on the phone with lenders for each short sale. This is a great benefit and a time saver for real estate professionals. The Short Sales Access Team does all the heavy lifting enabling the real estate professionals to concentrate on making more sales.
If you are a BUYER looking for amazing bargains, find out how you can make money in your own backyard with Short Sale properties. Short Sales Access is dedicated to serving the investor and home buyer get the best deals in short sales properties.
Short Sales Access provides live workshops for Real Estate Professionals and homeowners who want to learn how we can help them process their short sales and they also learn the basic short sales process. Check out the workshops, seminars, and courses on the Short Sales Access website.