Archive for April, 2009
Banks Growing Increasingly Anxious to Unload REOs
REOs are poison to financial institutions, restricting their ability to lend money on properties and help them to improve their financial situation. Things have gotten so bad for many of these banks that – even though they’ve gotten a boatload of money from taxpayers – they need to raise cash fast to prevent their collapse.
This is great news for real estate investors who are poised to jump at the chance to snag these properties at fire sale prices. If you’ve been sitting on the sidelines waiting for the perfect moment to jump in the game, the time to lace up your shoes has arrived!
Financial institutions need cash and they need it now. Quiet discomfort over their situation has turned to sheer desperation as the government has gotten increasingly proactive in taking control of any institution they feel is too weak to stand on its own two feet.
Buying an REO property involves making the right moves at the right time. Now is the time. In order to avoid having to possibly fork over control of their institutions to the government, lenders are increasingly screaming, “Yes!” to offers they would have rejected with a sneer just a few weeks ago.
Don’t let your lack of knowledge stop you from positioning yourself to retire wealthy beyond your wildest dreams within the next five to seven years. This is the time seasoned investors have been waiting for, so your time is now. To learn all the insider tips, tricks, and cutting-edge strategies you need to secure your financial future today, point your browser to www.rewexclub.com and sign up for a $1 trial membership. If you like it and want to continue for only $97 per month after your trial ends, that’s great. If not, cancel with no hard feelings.
You can click your heels together all day long and get nowhere – or you can pony up the cost of a cheap dollar menu burger and change your life. The choice is yours. Which will do more to help you survive long-term – a heart attack in sack or all the tools you need to build the future of your dreams? www.rewexclub.com
Blessings!
Charrissa Cawley
Happy Easter from me and my family to you and yours!
Hi there! Happy Easter! I hope you have had a blessed day!
My family and I have really enjoyed our time together in celebration
of Easter this afternoon! Here’s a pic of us enjoying a
beautiful day!
I just remembered something I wanted to let you know about too:
There is this great new funding source I just stumbled upon and I wanted
to share it with youm as I know many of you are looking for funding
right now!
It is www.pertuitydirect.com
You should check it out-some great lending options!
Also, I just wanted to addreess this real quick. I have been getting literally hundreds of requests to do another LIVE Coaching Series which I have not done in some time now, but Im opening one class and one class only as of tomorrow and registrations will start being accepted tomorrow morning at 9am CST! This is my 6 week personal group coaching program that has been closed for the past 6 months. I can accept only 6 students total out of my 85,000 client database, so if you want a spot in this exclusive “by application only” program that has not been open in months and won’t be open again anytime in the near future, Call Jaime after the program opens tomorrow at 9am CST at 888-250-6616 ext 705 for details.
I look forward to working together to help you achive your investing and money making goals in 2009!
Charrissa Cawley
Shifting Your Real Estate Investing Career Into High Gear
Real estate investors just getting started have one thing in common: Many times they have the raw knowledge it takes to get started, but they don’t know what series of steps to take today in order to build real, sustainable real estate wealth that will allow them to reach their dreams.
Every investor is different. Some are conservative in nature and they prefer to take a series of baby steps that will eventually culminate in one or two profitable deals. Others want to immediately dive into the deep end and fully immerse themselves in real estate investing so they can reach their goals much more quickly.
Regardless of which investor profile best describes you, one single solution can accomplish both goals. Either way, you’ll reach the success you seek much more quickly, without having to endure the myriad mistakes, pitfalls, and sidetrips that the average investor typically makes on their road to success.
My real estate inner circle, at www.rewexclub.com provides that direct pathway to success. Imagine being able to look over my shoulder and watch me put together winning deals so you know exactly what goes into profitable deals. That’s just one of the many shortcuts to success my inner circle members have at their fingertips.
Successful real estate investing isn’t rocket science. It is knowing what specific series of steps need to be taken – and in what order. Once you know the steps, you can make them yourself, while you reap the financial rewards available in today’s real estate market.
So how much does this knowledge cost? How’s $1 sound? For a buck – the amount you’d expect to spend on something on McDonald’s value menu (or a share of AIG stock) – you can take a 30 day spin around the block. 30 days to put all the available investing tools, tips, and secrets to good use in your own investing life. If you like it and want to continue, that’s great. If not, that’s fine, too.
Either way, you owe it to yourself and your future success to see how you can shift your investing career into high gear today. So head on over to www.rewexclub.com and join my inner circle of dedicated, success-minded investors and stake your claim to success today.
Blessings!
Charrissa Cawley
Wanted: Active Investors for Foreclosure Fortunes
Chicken Little may think the sky is falling, but seasoned real estate investors know that today’s market – while challenging – is also the kind that can create generational wealth that has the potential to change lives and futures.
Whether you’re a well-traveled and seasoned investor or you’re testing the real estate investing water for the first time, one of the smartest things you can do in today’s market is explore the very real profit potential available in foreclosures. For it to work, though, you have to know how much to offer in the first place. If you know that, you’ll know at a glance whether you and a troubled homeowner might be able to come to terms on a purchase – or if you’d be better off walking away.
There’s a simple formula I recommend you put into play today. It’ll make your life easier and will make foreclosure investing decisions as easy as hitting the “enter” key on a calculator:
ARV (After Repair Value) X .60 – Repairs = Maximum Offer Price
Here’s an example:
ARV $140,000 X .60 = $84,000 – Repairs ($20,000) = Maximum Offer Price $64,000
Keep in mind that this isn’t what your opening offer should be. You’ll need to leave yourself some wiggle room for the negotiations that are sure to come. Even the most motivated seller will try to negotiate on price, so always begin by offering less. Then you can increase your offer price until you hit your ceiling. If they accept a lower price, you have even more cash to pocket when you refinance – or equity if you decide to hold the property. If not, you’ll know when to walk away from the deal.
Either way, you’ll know early on whether the property is worth taking a second look at. There are obviously other factors that will weigh heavily on your ultimate decision as to whether to buy the property or not, but this at least gives you somewhere to start.
So grab your trusty calculator and crunch the numbers. There are some great deals out there. Find them today and turn massive profits tomorrow!
Blessings!
Charrissa Cawley
