short sale coach

Here’s the (my) Answer to WHY
Banks Make Such Crazy/Illogical/
Sometimes Stupid Decisions! (Part III)

Second:

This will be a little political but bear with me.  It (as most of
what I do and say) is based on data.  It’s drilled in me.  Data
shows what works and what doesn’t work.  It shows the bank
whether my offer is a good offer or not.

So here’s my scoop

You know/understand that

• Fannie
• Freddie
• HAFA
• HAMP
• FHA
• TARP

are all tied to the government, The Federal Government.  They took money from
the government and are now beholding to the government…even if they did
pay back all the money borrowed.  They are still getting benefits and probably
owe them things we don’t know about.  I know you do know that.
It’s just important that you remember that for my following reason.

Just recently, President Barack Obama appointed Dr. Don Berwick to the position of
Head of Medicare and Medicaid for the US Federal Government.  Obama
appointed him and skipped the Confirmation Process.  Dr. Berwick was just
appointed.  No opposition. No opportunity to discuss any opposition and for
those reading and feel I’m being biased, no opportunity for the positive side of
his life either and the good he has brought in the past and could bring to our
country in the future.

And now you are wondering “what does a new Medicare appointee, health
care division have to do with banks making stupid decisions and the real
estate business/market.”  Am I right?  Hang on and hold on.  I’m getting there.

In a speech Dr. Berwick made on July 1, 2008, at the NHS National Health Service
single payer health system in Great Britain, he said and I quote

“any health care funding plan that is just, equitable, civilized and humane must MUST
redistribute wealth from the richer among us to the poor and less fortunate.
Excellent health care is by definition redistributional”

He said this about Britain who has a 600% higher prostate cancer death
rate than the US.

He also talks about the current American Health Care system as “running
in the darkness of private enterprise.”  Is this how they might see the real
estate industry?  Redistribute the real estate to the poor and less fortunate
because they believe private enterprise can’t do it…without government
help?

Don’t take my word for it.  Here is the link  http://www.redstate.com/ben_domenech/2010/05/12/obama-nominee-donald-berwick%E2%80%99s-radical-agenda/

Last I remember to “redistribute wealth” was a communist belief.  And, yes,
he said this two years ago.  Yes, a leopard can change their spots.  Yes, yes, I
could be reading way too much into this, but what if I’m not?

What if this has been the plan all along

• to take over America s-l-o-w-l-y, one business at a time?
• And re-distribute wealth?

Small business are failing.  Ask a chiropractor, a doctor who
accepts Medicare patents, etc.  Look
at your local malls and count the empty stores.   Let’s see, they have

• General Motors, Chevrolet, Cadillac, Buick, GMC, etc.
• Chrysler, Jeep, Dodge, Ram, etc.
• The banks, Freddie, Fannie, FHA, all the defaulted notes are now owned
  by the government
• Land 20%+ of the US currently

The Government Wants To Own More Houses

Are they planning on “giving houses to government employees” or giving houses
to welfare?  They could do this…in exchange for their vote.

Did you know the government is “renting” houses to tenants when their
landlord’s rental property has been foreclosed?  The government is widening their
horizons.

Did you know the government owns 20-30% of the land of this country?

If we have to have the government approve everything,
we have lost our freedom.

If the government does own 1/2 of everything in the country, do we have the
ability to buy things?  Houses, businesses, land? or is our only choice
to work for the government and lose our freedom?

This would make more people go into foreclosure, less people to buy houses,
more houses in foreclosure to give to the poor and take from the rich.

If the banks have been instructed to take back as many houses that don’t met
the stringent criteria then the government will own even more houses.

Don’t get me wrong.  I pray I’m wrong.  I pray more and more people see what
is going on and their is still time to stop it.

I’d love to hear your comments.

We and my students are still closing short sales.  We are still doing
double closes.  We are still make $20,000 to $30,000+ on double
closes.  But not as often as we did because of some of the bank’s
restrictions and their silly decisions.

I will continue to do short sales.  We are helping homeowners.  We are
buying, selling, renting, houses and making money.  We are making profits!
We are just being more selective in the houses and banks we do work with.

I’ve got 3 scheduled to close in August that we will be making
$20,000 plus.  There are opportunities.  It is only over when we quit.

I’m not quitting and I won’t let you quit either.

Once you know the potholes, it is MUCH easier to go around
them.  This is exactly what we talk about and more on the
coaching calls.  Are you ready to sign up?

You don’t want to be working short sales without some insider
information.  Get it on my coaching calls.  Call NOW!
513-868-1275  ( I know it’s not an 800#.  Call it anyway!

Deb McMillan
The Short Sale Queen® and Coach
Get Started with Short Sales
Sign Up for Our Next Coaching Program Now
ShortSaleQueen

What did Military Hero’s Give up?

All of their tomorrow’s so our today’s we can spend free.

Hug a vet and say a prayer for all of those who have given their life for our freedom.

Deb

Have you heard about my new book that’s out

Recession Proof Real Estate Investing – Short Sale Your Way to Prosperity Through Secrets, Systems and Strategies?

It is a great paper back book with lots of tips to make lots of money doing short sales for distressed homeowners.

You won’t want to miss this book!

You can buy it right now at Amazon. Log on and search for Deb McMillan.  It will pop right up!  Guaranteed!  and be in the mail to you in no time.

Deb McMillan

The Short Sale Queen and Coach

You’ll remember that I wrote about being able to close a short sale deal with and A-B B-C transaction with a double close all in the same day. That I believed it should be possible even with the new stipulations.

Well, I now have a deal I’ll be closing in the next 30-45 days with an end buyer with a FHA loan. I have talked to the broker who has talked to the underwriter and the attorney’s and after determining that it wasn’t an illegal flip, we could do it.

In this situation they are calling an “illegal flip” one with only one set of funds. When I went over and over that fact that the title company dispersed the funds AFTER the 2nd set of funds were in the title company’s escrow account they decided they could and would do business that way.

Now the deeds had to be recorded in the right order (Yes, of course) and the property had to appraise TWICE at the higher value (yes) and I had to pay for the 2nd appraisal, they would do it.

Now we are still waiting for the final approval from the bank on the A-B purchase price, but after that I hope to report that they deal will close as a same day double close with FHA funding!

Stay tuned!

Deb McMillan
The Short Sale Queen and Coach

If you took any business classes in high school, college or even business school you know they pushed marketing, marketing, marketing.

Without marketing and lots of it, your business will fail. Real estate investing, as a business, is exactly the same.

If you are playing at real estate, investing and doing deals for friends, saving friends from foreclosure and only doing one or two deals per year, then marketing isn’t such a big deal.

If you are making your living on real estate, you better be creative, spread the word around what you do and yell it from the roof tops to get new deals into your pipeline, on a regular – weekly or even daily – basis.

If not, you will be closing your investing doors and going back to work for someone else to keep food on your table.

What kind of marketing?
What kind of marketing you may be asking? Any kind. And always test, test and re-test.

We test letters and multi letters often. We test our post cards. Who is calling and how many calls are we getting from each mailing.

We are doing a lumpy mail campaign this week with a positive message instead of hitting them hard with the misery then then solution.

Obviously, to make this work you must ask everyone who calls “where did you hear about us?” You must track the responses or you will never know what is working.

Remember: Marketing, testing, tracking. Marketing, testing, tracking.

Test your headlines. A great headline must catch the readers attention to get them to keep reading. That’s the first hurdle. The 2nd hurdle is to get them to call. So you must talk about what is in it for them. The benefits to the reader. the benefits to the homeowner who is about to lose their house. How can they get through the toughest time in their life.

That’s what we do is supply solutions. Real estate solutions that make sense to all parties. Let them know what those are!

For more marketing ideas and training and get your questions answers, log on to www.shortsalequeen.com and ASK DEB!

Believe in your own success,

Deb McMillan
The Short Sale Queen