http://www.youniquerichdad.com –
March 31 (Bloomberg) — Rich Dad’s Michael Maloney, author of “Rich Dad’s Guide to Investing in Gold & Silver,” talks with Bloomberg’s Haslinda Amin about his upcoming forecast for silver and gold prices .
Mike Maloney says $100/oz for Silver is a reasonable price, and would still be a bargin.
http://www.richdadsilver.com –
Learn how to protect yourself from the upcoming inflation/hyperinflation that will crash the entire world economy.
Baby boomers will retire between 2012 to 2016 and they will want their retirement money.
This will cause a domino effect around the world, causing world banks to crash one after the another, and the entire currency market will become a big fat zero.
http://www.richdadsilver.com – You should increase your financial IQ and learn how to overcome the biggest crash in the history of the stock market.
Duration : 0:7:32
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The Bright Side of the Housing Collapse….You can buy a home for as little as $40 (with payments as low as $0.19 per month!!! if financed)
One in five U.S. mortgage borrowers are underwater
NEW YORK (Reuters) One in five U.S. homeowners with mortgages owe more to their lenders than their properties are worth, and the rate will increase as housing values drop in states that have so far avoided the worst of the crisis, a new study shows.
About 8.31 million properties had negative equity at the end of 2008, up 9 percent from 7.63 million at the end of September, according to the study, released Wednesday by First American CoreLogic. The percentage of “underwater” borrowers rose to 20 percent from 18 percent.
Another 2.16 million properties could go underwater if home prices fall another 5 percent, the study shows.
First American said the value of residential properties fell to $19.1 trillion at year-end from $21.5 trillion a year earlier, with half the decline in California. Forty-three U.S. states and Washington, D.C., were included in the study.
While states such as California, Florida and Nevada were particularly stressed, the study showed worrying signs of deterioration in relatively healthy parts of the nation.
“The economic slowdown is broadening,” said Sherrill Shaffer, a banking professor at the University of Wyoming at Laramie and a former Federal Reserve official. “As more people lose jobs, it will be more difficult to sustain the levels of pricing and home ownership, and that is a big factor driving down housing prices in more parts of the country.”
Arizona, California, Florida, Georgia, Michigan, Nevada and Ohio remained the most stressed states, with 62 percent of underwater borrowers and just 41 percent of mortgages.
Other areas, though, also face more stress. Connecticut, for example, saw a 25 percent increase in homes with negative equity, while Washington, D.C., had a 44 percent increase.
“Even I continue to be surprised at the tentacles of this financial and economic debacle,” said Robert MacIntosh, chief economist at Eaton Vance Management in Boston. “More people are being laid off, resulting in reduced income and therefore less consumption. That leaves fewer people with money to buy homes, and the mentality is that people believe they should wait six months rather than buy now. Less demand means falling prices.”
Roughly 68 percent of U.S. adults own their own homes, and about two-thirds of these have mortgages. Many economists expect the nation’s unemployment rate to rise above 9 percent before the recession ends, up from January’s 7.6 percent.
CALIFORNIA, NEVADA UNDER STRESS
California had 1.9 million borrowers with negative equity at year-end, more than any other state, followed by Florida’s 1.28 million. About three in 10 borrowers in both states were underwater.
By other measures, Nevada was the most stressed, with 55 percent of owners having negative equity and borrowers on average owing 97 percent of what their homes are worth. About 28 percent owe more than 125 percent of their homes’ value.
Michigan had 40 percent of its homeowners underwater, while Arizona had 32 percent.
New York fared best, with just 4.7 percent of borrowers with negative equity and an average 48 percent loan-to-value ratio, though this could change as employment and bonuses slide in the financial services industry.
According to the S&P/Case-Shiller Home Price Indices, prices of U.S. single-family homes slumped 18.5 percent in December from a year earlier, the biggest drop in the 21-year history of the data.
Many lenders are taking steps to keep borrowers out of foreclosure. The Obama administration has backed legislation that could broaden powers of bankruptcy judges to modify mortgages for troubled borrowers. Among major lenders, only Citigroup Inc has supported such a plan.
MacIntosh expects housing prices to keep falling until “well into” 2010. “There is no magic bullet or magic arrow here,” he said. “It is a question of trying to come up with ideas and seeing what happens. It could take a long time.”
First American CoreLogic is an affiliate of title insurance and real estate services company First American Corp.
Duration : 0:2:41
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SERIOUS TIMES!
Jim Channon Calling on a Moratorium on development in Kohala Hawaii ..and suggesting wiser land use ( growing more food )and agricultural sustainment for the local population.preperation ideas, in case of…many possible disasters that could cut off food and water supplies to the island very quickly.
A group of local citizens has been collecting and sharing a list of
questions to help us all better understand the real consequences of
Kohala’s largest ever housing development. So far no one interviewed has
been able to answer the most basic questions. If anyone out there
including Surety wants to answer these questions please send in your
information and we will publish it for the other news subscribers. The story
here is that there is no story and there should be one.
Send this to your readers:
Thanks in advance. This is probably the most important situation in
modern Kohala history. If we get it wrong we will be another Kona
within three years.
Who is the president of Surety?
Why haven’t we seen anything of him since the community survey days?
Where is the headquarters of this company?
What is the primary business of this company?
Does it include gambling casino’s?
Is it bankrupt?
Why was the name changed to Surety?
What does Surety mean anyway?
What specifically have you done to create solutions for all the items
that were listed in the community plan created by you in the early
nineties?
When did you stop being the steward for Kohala’s prime agricultural
parcels and become a pure real estate sales company?
Some people say you have sold all of Kohala’s groomed agricultural
lands to people who are not farmers. Is that true?
Was there a disclosure in the sale document that encouraged the new
land owners to grow food for a community that now has lost its
agricultural base?
How many of these people actually live here?
What are the statistics on resale? What was your profit from these
sales so far?
One story says a man named Ernie Mooney (a slot machine casino man)has
resold his many parcels of land in many cases. What are his profits and
how much do you think that has raised the real estate values in
Kohala?
How much % of your profits have you put into the capital improvements
of Kohala’s prime farm lands? The ditch, cattle fencing, roads,
sewerage, culverts etc.
What percentage of your annual profits went into the repair of the
ditch?
Is there a printed disclosure of these figures? Why not?
How would you answer the charge that you single handedly have
dismantled Kohala’s agricultural future?
Have you had a community meeting that’s required you to announce your
new development intentions and plans in the required detail to the
people of Kohala? When was that? Did you cover the areas we are talking
about today?
Someone said there were 34 people at one such meeting and that is less
than half of one percent of the people who live here. Do you think
that constitutes a viable community meeting? Are you going to have
another meeting that shows full build-out illustrations with water, roads,
infrastructure, and power solutions to mitigate bringing 1000 more
people to kohala?
Since the ditch no longer functions how will water be provided to the
new residents.
Do you have a model home design showing what people will get for an
affordable home under $100,000? Are people going to be able to build
their own homes?
How is your plan different from other urban tracked home plans with no
space for growing or water catchment?
Will you add another wind farm to make up for loosing our new found
power system?
What is your estimate of the number of new cars that will now be on our
highways?
Are you willing to pay for round-a-bouts so we don’t have to have
traffic lights?
How will you take care of the 1000 new mouths to feed in case of a
shipping stoppage?
Have you ever seen an ag-centered housing development?
(((((((((((((((((((((((((((((GOPLANET!)))))))))))))))))))))))))))
Staging the genius of others
ALOHA JIM
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Duration : 0:8:57
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http://archive.constantcontact.com/fs046/1102681734220/archive/1102715139699.html
Sean@entrustcarolinasllc.com
1-866-750-0472
Follow us on Twitter http://twitter.com/iraexpert
This video series is designed to help educate people about the benefits of having a Self Directed IRA account. There are so many people that think that the stock market is the only investment vehicle for their IRAs; however, through a Self Directed IRA they can invest in just about anything that they would invest in personally.
Self Directed IRAs allow you to invest in Real Estate, Loans, Mortgages, Purchase Tax Liens, invest in LLCs, and so much more…
Entrust Carolinas, LLC is an affiliate of The Entrust Group, a 26- year old company with three billion dollars in assets.
If you would like more information, I would be glad to answer any questions you have. Drop me an e-mail Sean@entrustcarolinasllc.com or give me a call 828-257-4949 or 1-866-750-0472.
Duration : 0:8:30
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Hello everyone!
Here’s how you can save money in this economy
How would you like $20K worth of training for free??
This is to show people that it’s a great idea to really research your choices for network marketing businesses.
In this video I share with you more of my thoughts on getting another form of income and the systems necessary to have the success you’re looking for in internet marketing as well as network marketing or any other types of direct sales business such as real estate or insurance sales, etc.
These are some our back office systems for internet marketing for the network marketer.
Getting new people is essential and our contact management system is 2nd to NONE.
What is Xango. Where’s it come from. Why network Marketing
What is a mangosteen fruit?
6 What the heck is a Xanthone. How can I live healthy
Why is Xango the best home based business in History
What is Kate Moss’ anti-aging secret
WHat does Doctor OZ and Oprah Winfrey say about Mangosteen
Can you buy a mangosteen fruit in the US. For $11 each
A brief history of Xango. Is network Marketing Legitimate
Duration : 0:3:15
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http://www.SunwestTrust.com, 800-642-7167, Self Directed IRA Custodian, Self Directed Real Estate IRA allows you truly diversify your retirement account into more than just the traditional Wall Street investments or bank CDs. Learn more and contact Sunwest Trust, Inc. to set up an account today. We look forward to hearing from you.
Duration : 0:3:4
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Peter Schiff video blog Oct 27th 2009 Also check me out on
http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff
Duration : 0:9:47
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PLEASE Share this video and Subscribe. The Big Bank CEO’s are ripping you off and the Federal Government is letting them get away with it, but you don’t have to! Send a clear message to Washington. No more bailout money for the big banks.
Boycott:
Citigroup Inc
Bank of America Inc
JPMorgan Chase & Co
Wells Fargo & Co
and don’t forget American International Group (AIG)
Too big to fail is too big and powerful to exist!!!
http://www.StopFascism.com
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Video Clip From: “Fast Money” on CNBC
Music Clip: Revolution by Authority Zero
Duration : 0:1:36
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Watch aljazeera live click here
http://dubaiinvestments.tk
http://dubaiinvestments.tk
http://arablivetv.blogspot.com
Duration : 0:5:28
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Facing Foreclosure on Your Real Estate Mortgage, Short Sale & Loan Modification are Alternatives. Hire an Expert Short Sale Negotiator, Experienced Real Estate Agent. Go To http://RealEstateMarketingThisWeek.com
Part 2 (Excerpt)
Short Sale and Loan Modification; Make sure your Work with and Expert
Were just going to go ahead if we could and just jump right into the short sale information. Jeri, again thank you so much for taking the time to be with us. What is the name of your firm?
Our group is Dream Vesting Group and our brokerage is Keller Williams Arizona Realty.
So that is great, licensed agents with Keller Williams and I know the two of you and I know of your history and we will talk a little bit more about that, but you have been working together for awhile. You and I had a chance to speak about the short sales and your success rate, very, very impressive proven results always helps. So the natural first question for those that are listening today. What is a short sale exactly?
A short sale is a property sale where the bank or lender agrees to accept less than what is owed to them. So the bank is agreeing to take a loss on the sale of your property, and I like what you said earlier about not trusting a loan modification or a short sale to just anybody, you definitely dont want to be the guinea pig and you dont want to approach the bank yourself and ask them to please take a loss because you need to sell your home.
And that is one of the things that is funny nowadays. I know people have seen them pop up all over the town, the ugly yellow bill boards all over the place. Advertising on the radio about loan modifications and they have 100% success rate, all kinds of these different things. The same thing with short sales, you actually have a process and you have a lot of experience doing it, you know the ins and the outs and this isnt a part time job this is a fulltime job.
Absolutely is a fulltime more than fulltime job, the last three Sundays I have been on the phones with lenders when they are open, one of them has a call center in India. I have been on the phone from 10 oclock at night until Midnight and again at 6am with the same lender trying to stop foreclosure.
Well that is good that you have the time, Take the time to do that. I am sorry that you have to work that many hours but you know Kalyn, is it not true that the sooner we get through all of these short sales and loan modifications the better off were all going to be anyway right?
Absolutely, a lot of people ask, what does it take? Who should be considering a short sale? If youre late on your mortgage currently, if your mortgage has adjusted, if you can no longer afford your monthly payment, if you foresee yourself not being able to afford your monthly payments, any of these instances plus several more, you should definitely be sitting down with someone and talking about your options which would be most likely a short sale or loan modification.
Yes the last thing anyone wants, and I mean anyone, is a foreclosure, that is the last resort. Nobody wants a foreclosure; you dont want it on your record, you dont want to have to deal with that. Its a very public event, a foreclosure is, the banks dont want you to foreclose and that is probably why they are so willing to work with you would you say? Absolutely the banks dont want the home back no matter what they tell you.
Exactly and on the loan modification side people try on their own to do this and its true that people can actually do a loan modification on their own but there are so many pitfalls and its just not something you want to try on your own. Surely you dont want to try a short sale on your own. So Jeri let me ask you this, what are some of the main objections?
The main objection that we hear from most of our clients is the cost to them, they already cant afford the payment on their mortgage or they wouldnt be in that particular situation 9 times out of 10 and so they are concerned about cost. Most people have already resigned themselves to the fact that they are losing their home and they dont want to spend any more money on it.
The good news is in a short sale you dont have to spend anymore money, all of the costs are absorbed by the bank. They agree to lose more money basically, so there is no realtor fees and the majority of the time we can negotiate an as is contract so if there are repairs that need to be made they dont come to you and ask you to do it, its just factored into the cost. So its very effective for homeowners.
And again it keeps them from going into foreclosure. They get to stay in the house and they get to save whatever is left of their dignity, some people take it very pride fully as well. So Kalyn, the second most common objection is?
Duration : 0:6:34
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