A New Tip to Stop Your Foreclosure Dead in Its Tracks and Turn the Tables on Banks

Losing your home to foreclosure? Or falling behind on payments and at risk of foreclosure? You're not alone. Millions of Americans, even those with good income and assets have suddenly found themselves buried in a home they can no longer afford.

But here's a novel tip for you that the internet is buzzing about. If your mortgage was originated within the past 7 years, there is a very strong chance your bank abused its privileges, got sloppy in their record keeping, and sold off your mortgage and note in various pools and packages that were poorly regulated.

Greenspan even admitted to a "mistake" in naively trusting lending institutions to oversee themselves without lending abuses. These abuses have contributed to the mortgage meltdown and credit crisis America is facing. And these abuses directly hurt your wallet.

One of the basic requirements of a mortgage loan requires a lender to have the actual original note and mortgage on file that you signed. This is a standard in lending practices that a bank or creditor must "prove up" and validate their claim under the Uniform Commercial Code. Crazy thing is, in most instances banks who claim to be the owner and holder of your note don't actually have possession of the note, which is a big no no.

So there is a movement underfoot in which borrowers facing foreclosure now demand that a lender to prove up their claim by producing the note and mortgage. If a lender is unable to produce these documents, this stops the foreclosure dead in its tracks. I have heard of some judges in Florida, Texas, and midwest quashing foreclosures unless the lender can prove they have the original note and mortgage in their possession.

You have a legal, moral, and ethical right to verify who you really owe and how much. Some mortgages and notes have been sold so many times its possible the wrong party is foreclosing or you could pay off the wrong party.

So here is how you do this:

1. Gather all of your documents pertaining to the foreclosure filing. Look for the lender who claims to be foreclosing.
2. Contact the lender and demand they produce a note and mortgage to prove up their claim. Allow 21 days for a response. Send certified mail or with other delivery confirmation to ensure they received it.
3. If the lender failed to respond, send them a notice that they will be considered in default unless they respond within another short time window, say 72 hours.
4. If the lender still fails to respond, you can petition to seek relief through legal channels, i.e. courts, judge, trustee, or attorney who can demand the foreclosure be stopped until and unless the lender validates this claim.
5. As this article is not legal advice, simply my own research and personal experience assisting clients, please do your own research and seek competent legal counsel if you need representation.

As a result of being able to stop a foreclosure, you get immediate stress relief of losing your home. If you are a homeowner you get to keep your home and stay in it. If you are an investor, you can help others do the same or keep your own properties. This gives you more leverage and the time you need to complete a short sale or loan workout with the lender. The short sale creates a cash payday for you because the lender is willing to accept a discounted payoff to let you step into the property with "equity", and a loan workout is when the lender will lower the payments and/or roll in the back payments to make the property affordable.

Space does not permit me to share with you the latest Supreme Court Rulings or the actual forms or documentation my clients and I have successfully used with helpful results.

In my upcoming Cash Advance Real Estate home-study system I unveil the latest strategies to put cash in your pocket instantly when you buy a property. The latest techniques for stopping foreclosures dead in their tracks are part of this system because this gives you the time you need to complete a short sale or do a loan workout with the lender, or even enact some creative "out of the box" remedies that will absolutely blow your mind--all of which can immediately translate into cash in your pocket just by implementing. These and more you can learn about in the Cash Advance Real Estate System.

Big Profits Turning Small-Town Properties Part 1

The problem: with financing for buyers to buy properties being very hard to come by, many investors are having a very hard time making money by turning real estate, which is the "bread and butter" to cover operating expenses while they build their long-term real estate holdings. Most stated-income programs have dried up, and most programs require 20-30% down payment plus 2 years verified income history and squeaky clean credit--which limits the pool of buyers considerably and makes homes very hard to sell.

One of the only low-money down programs is FHA, but FHA requires 90 day seasoning, and 3% down payment from the buyer. FHA also scrutinizes a buyer's income and credit. This is good but still not great.

what really sells a property quickly is a unique selling proposition. Most conventional real estate agents try to sell a home conventionally, they are all competing for a smaller pool of A-credit buyers with lots of down payment. However, the market is flooded with homes being sold this conventional way--and it is difficult to compete against this.

One unique selling proposition is offering a home with easy to buy terms, special type of financing. One of the best financing that I know of

Another Secret to Getting Banks to Settle for 15%

I have good news for any of you who are suffering with credit card overwhelm. You never intended for this to happen, just a series of economic changes have affected virtually every American. Fortunately, there are ways to fix this. In this brief summary I will share with you a tip that will help you ultimately get the best settlements with credit cards.

First of all, settlement is an option in which the credit card company you owe money to is willing to take less than what it owed. Often if you are behind on credit card payments, it is easier to negotiate a settlement. How do you do this? Simply call up the bank and explain your situation.

In this particular case I will share with you, my client owed Bank of America $15K on one business credit card, and approximately $17K on the other. When I first called BofA in September to ask for a settlement, the rep quickly agreed to approximately 20% on both accounts. I accepted this and provided account information to make a payment.

Apparently, the Bank was unable to process the payment and began leaving urgent voice messages. When I called back I was informed that the previous settlement offer had expired.

Fortunately, I spoke with an understanding representative who noted that the payment was not processed correctly. When I asked her to reconsider the settlement offer, I asked is 20% the best she can do? We would prefer 15%, she asked for the contact information of an attorney the client would consider for chapter 13.

This way, she documented good cause for why such a low settlement. After a few follow up calls back and forth, she faxed over approval letters for a settlement of 15% of the balance, payable over 4 installments. This was way better than a 20% settlement payable over 3 installments stipulated in a previous agreement.

The lesson is that a settlement is not always the final settlement which can be much better than the initial one. A bank can make a mistake that can be corrected, sometimes in your favor.

The benefit of this settlement is that you get free of the stress and hassle of an overdue unaffordable debt, you get a fresh start, and can settle your debts honorably by facing them instead of running away. After paying off the debt through a settlement, your credit record reports as paid as agreed, zero balance, and/or settled for less than original balance, all of which are much better than a delinquent unpaid status. Plus you elminate those harassing collection calls and letters which distract you from getting work done and making money.

In my Ultimate Credit System I provide specific scripts and worksheets for you to use that make settlements quick and easy and ensure you get maximum results.

Sell Your Home at Lightning Speed - Just Point and Click

Some of us remember the olden days of doing real estate. If you've been around the real estate block for a decade or so, you probably remember the old school ways of selling a house. The sign in the yard. The lockbox. The ad in the paper. People calling at all hours wanting to see inside.

But those ways had their disadvantages. It was often very time consuming, whether you were a property owner or real estate agent to handle inquiries. If you have a potential buyer who wanted to see inside a property, you had to schedule a time to meet them, show them the kitchen, the bathroom, blahdi blah. This wasted both your and the buyers time if after they have seen the inside they quickly determine they don't like the house.

On an on, if a buyer wanted to look at a dozen properties, it could literally take half a day or so, chauffering them around from place to place.

Now with the advent of technology you can see the inside of a property thanks to a virtual video tour while sitting in your underwear drinking your favorite Starbucks blend. You can knock out touring a half dozen properties without ever wasting a drop of gas.

It gets even better for real estate investors, home sellers, and real estate professionals. With "ebay.com" now a household term, nearly everyone with some computer skills has bought/sold something on an online auction, or knows someone who has. Bottom line, we know auctions work, and we may have overpaid on auctions.

And online sales of real estate, especially through auctions, is on the rise. In fact, its one of the fastest growing segments of real estate today.

In the Real Estate Turbo-Selling System, I spill the beans on how you can turn real estate to cash in a flash using secrets from one of the world's fastest ways to get anything sold: by auction. Taking this system online is like giving an athlete steriods.

If you want to sell a property on e-bay, here are some pointers:
1. have plenty of information about the house, everything a buyer wants to know
2. include as many photos as possible, link to a virtual tour if possible
3. start with a very low, attractive reserve
4. consider e-bay classifieds

I have sold property using ebay, and you can do. However, I find ebay more suited to selling consumer goods, lower ticket items. I find it time consuming and cumbersome selling real estate. Also it is hard to build credibility because there is not much room to put your references, licensing information, etc., so you may lose potential buyers who may like your house but don't feel comfortable you are "for real". (But ebay real estate will give you a taste of what is possible with real estate.)

Fortunately, I did discover an incredible online selling mechanism that virtually does all the work for you and dummy proofs your entire experience. Just point and click, it does the rest.

In an exclusive bonus only available in the Ultimate Auction System, I bring on the nation's leading investor real estate technology expert to show you how to make a killing selling (or renting) property online, just point and click. What I like about him is this guy is for real; he buys and sells property daily, and because he is in the trenches, he knows exactly what anyone else steeped in real estate needs.

I even introduce you to a very proprietary system specifically designed to make all your properties sell or rent in a flash. You will be among the first few in the country to even know about this, which will put you light years ahead of the competition.

You will be cashing check after check cashing in on property for months, or years, before anybody else figures out what you did and how you did it.

Imagine Your Relief at Getting Out of Debt - Here's a Settlement Success Story (20 cents!)

In this challenging economy, many businesses and individuals have become way over their heads in credit card debt. It can feel hopeless and stressful at times knowing you have more debt than you can possibly afford to pay off especially due to economic changes.

some think the only resort is bankruptcy, or possibly consumer credit counseling.

Fortunately, there is a simple way to get your credit cards settled for a fraction of the balance.

One of my clients has a $15,000 and $17,000 business credit card with Bank of America. Due to business collapse he has not made any payments for several months...the bank usually has 180 days, if an account has not been made payments on within that time frame, it goes to chargeoff and collection.

The key is to get the account right before it goes to chargeoff. So I called up Bank of America...I felt nervous at first. I was afraid the banker would yell at me, or humiliate me or intimidate me.

I called up the number on the back of the credit card. After I verified the account information, I asked to speak with someone about settling the account. I was pleasantly suprised with how pleasant the banker I called up really was...

I simply stated "look, we never imagined the economy would turn like this and make this account unaffordable. We would like to do the honorable thing instead of declaring bankruptcy. Please let us know what are the best settlement options for the account."

Then I kept silent.

She plugged in her numbers. After a just a few brief moments, she announced her number. She would settle the accounts! The $17,000 account for $3,600 and the $15,000 account for $2,800. Better yet, we could pay over 3 monthly installments!

The woman seemed extremely sympathetic to the plight of small businesses, who are the backbone of the new economy. She also regretted that due to new OCC guidelines that BofA couldn't offer an even better settlement. Apparently before the "Tarp" money BofA could settle for even less, as low as ten cents, and spread payments out over 6 months.

Still, this solution seemed reasonable as is. So I asked her to fax it to me in writing.

Here's some advice:

1. Call up the credit card companies an ask for settlement offers. The worst case is they say no.
2. Keep persisting and insisting on a better offer. Don't give up.
3. Document your conversations and get their settlement offers in writing.
4. Do ask to make sure your credit is unharmed upon settlement, if possible.

Good luck! In my VIP million dollar rolodex I include the name of the representative at bank of America who provided this settlement. I also include the name of a local company who will handle all these accounts for you without your involvement--this can save you time and free you up on rebuilding your business and pursuing your exciting profitable ventures.

8 Unconventional Tools that Could Give You a Hidden Edge in Real Estate: Facets of "Conscious Real Estate"

Ashland, OR: I was at a lovely dinner soiree with my dear friend and mentor Stanley Krippner and other luminaries, including Jean Houston. Guests were inquiring about my work in "conscious real estate" and how these concepts can be applied to the current real estate crisis.

Stan encouraged me to keep writing about this topic; he believed it has commercial value. I like to think of myself as someone who listens to those wiser than he. I agreed to write some today.

So, here is a brief compilation of some of the less than conventional approaches to real estate. Why do I consider them conscious real estate? Because they infuse a greater awareness, higher consciousness into one's real estate dealings.

Applying these techniques can help a buyer rent/or buy an ideal property, an owner sell faster and for a higher price, and for a real estate professional, i.e. investor or real estate agent, can enact a sale with greater satisfaction:

1. Dreams. Paying attention to one's dreams for clues or symbols to assist one with their real estate dealings. This could help cut through ambiguous decisions. I featured 10 interviewees who all had dreams that guided their real estate purchases, which were some of the most satisfying in their entire lives.

2. Astrocartography. The use of astrology, either Western or Eastern Vedic, to guide the process of where in the world to relocate geographically based on astrological factors. Astrocartography can help assess a particular property as well, whether it has beneficial or harmful astrological applications. For example, one astrologer I consulted when I had been living in Philadelphia (unhappily, I might add), recommended Phoenix, AZ as a "communication nexus" for me due to the two mercury lines that crossed through that city. I considered this in my move, and I made my first million at a young and tender age there.

3. Dowsing. This process involves using a divining instrument, e.g. a pendulum or two divining rods to aquire information about a property. For example, a talented dowser can walk a plot of land and based on the movement of the sticks can assess where water or mineral deposits are underneath the land. As well, the dowser can assess some disruptive energy lines as well, which might contribute to health disturbances should someone live there.

4. Remote Viewing. This is the use of the mind to gather information about distant locations without any direct physical sensory means. in 1994 in Faber, Virginia, I first met Joe McMoneagle, "Remote Viewer 001" the first covert agent who worked for various divisions of the US Government and private industry. Initially his work involved gathering intelligence about military bases overseas to locate weapons that could pose a public safety risk. Joe was speaking at the Gateway Voyage, a week-long group journey into exploring unusual realms of consciousness using Hemi-Sync(tm) a patented sound technology designed to faciliate nonordinary states of awareness. Joe served as an excellent example of what is possible, and how this ability can be trained.

5. Feng Shui. The ancient system of arranging the layout and objects inside and outside of a property for optimal flow.

6. House Clearing: Remote. I hired an intuitively gifted practitioner, Mami Wheeler, to assess a property at a distance, with the intent to clear less than optimal energies which she could apparently perceive. For example, one horse property that purchased as a result of a divorce of the seller and his wife--I placed three occupant buyers in the property, and each of them had to be evicted because of domestic disturbances. Mami assessed the property and determined some relationship disruptions and energetic disruptions which lingered in the home and continued to influence these buyers negatively.

7. Ritual House Clearing. The use of systems and ceremonies in person to clear a property of less than desirable energies and set a clear intention. Mami Wheeler provided protocols for a fire, sage, and salt cermonies based on Native American traditions. The properties we performed this ritual on appeared to attract buyers who raved about the "energy" of the property.

8. Intuitive Consultations. For example, I hired Gigi Van Deckter, a gifted intuitive strategist, who had consulted in the 1990s in the US and overseas to global leaders, including Bill Gates, CEOs of Sony, Sega, Atari, etc. I would provide her a list of properties, buyers, sellers, and she would provide strategic information on the spot that I incofporated into my decisions. For example, when I purchased a residence in Scottsdale for $3,000.00 down, she suggested I double check the roof on the NW corner of the property. This was later confirmed by a home inspection which revealed some roof deterioration. Had I not been aware of this issue, I could have suffered further water damage to the home.

This is a very brief overview. Future articles will focus on each of these techniques in further detail, including definitions, my personal experiences with them, their benefits and disadvantages, and how buyers, homeowners, and real estate professionals can apply them.

Please note, these techniques are no substitute for sound, rational, financial decisions. They are simply additional information sources to augment or assist you in your decision making process.

In many instances in the real estate world, we have a myriad of ambiguous factors to consider and an overwhelming haystack of information. These techniques of conscious real estate, applied properly, can help guide you to your optimal decision so you can achieve the greatest satisfaction in your decision making.

Here's a Success Secret: Apply for Credit Lines Simultaneously and Not Sequentially

At a January 2009 workshop I attended, Dan Kennedy, my marketing mentor and one of the world's highest paid copywriters, observed how his most successful clients act simultaneously not sequentially. He tells the case of a man who needed funds, so he applied to 10 sources at the same time. He got five acceptances, and actually surpassed his original goal. If he had approached his challenge conventionally, he may have taken action on only one channel, possibly got turned down, and perhaps given up.

The job of an entrepreneur is to raise capital and generate revenue. One of the best ways to raise capital is to get credit, so you have access to money at your fingertips whenever you need, without having to beg someone. Apply this to the process of getting and building business and personal credit lines.

In my business, I am applying for and processing at least a half dozen credit line programs at the same time. These may be a combination of personal, business, or both. Each are in different stages of development. For example, I have two seasoned corporations I have built credit with one provider. Also I am building credit for my corporation that has been in existence in 2001. Recently I was offered another preapproved $20K credit card, which I applied for immediately. But

Another provider claimed he could get me a $750K credit line, which I was supposedly "guaranteed". The guarantee was so solid that I have been refunded my original $7K upfront investment that I paid them. I have yet to receive this line.

Anyway, my point is that you cannot rely on any one particular source to come through, especially during chaotic, turbulent economic times. A "guaranteed approval" one day can turn into a decline the next as a result of policies that change almost daily, much to the frustration of borrowers and bankers alike.

There are risks in applying for credit lines simultaneously. If you have more than one business operating out of a single location, DNB may flag one or both companies and you lose all the credit rating you have built up. After getting flagged, I am told this is very difficult to restore.

Another risk is that if you have many applications floating around, if the applications overlap and end up at the same bank or provider, that could cause you to be rejected because it is apparent you are shopping for credit. To help prevent this, only apply for 2-3 credit lines at a time, and make sure with your sources that you are applying to different banks.

Also you could end up with too many inquiries on your personal or business credit bureaus, which could also get your credit request declined. There are special ways to delete and remove inquiries from your credit bureaus, fortunately.

To make the most of this strategy, write down your short-, medium-, and long- term goals. Getting access to the money to run your business is one of the most crucial and challenging endeavors, especially now at the time of this article.

Getting and building credit will help ensure you survive and prosper in these times. Follow these steps, and put into motion several of your credit strategies all at the same time, and your goals will come true.

How to Apply "Synergy" to Your Day to Make Your Life Easier More Joyful and Creative

I once read this dense book called "Synergy" by the late genius Buckmister Fuller. It was a tome, and it left an indelible impression upon my thinking.

What is concept of synergy? Well quite simply, it is the notion that the whole is greater than the sum of its parts. In other words, the ideal combination of several different elements is much stronger and more effective than these elements alone.

Take steel, for example. It is a combination of iron, aluminum, and other metals. These are all processed together with energy to produce a resulting metal that is much stronger. Each metal alone may have a certain strength on its own. But when you combine these in the right proportion, you get steel, with is many multiples stronger.

Let's apply this to your life. Starting with your daily schedule, for the daily schedule is the basic building block of a successful life. Every day, you lay bricks down on the foundation of your life. Do this strategically and wisely and you will create a beautiful enduring structure. Do it haphazardly and what you create won't stand.

One of the most common mistakes I see others make in their daily schedule: is that they are consumed with one aspect of their life to the detriment of the others. So for example, one of my business partners is consumed with her trading projects.

She is glued to her cell phone making calls the moment she rises until the moment she falls asleep. So she neglects to exercise, meditate, or eat regularly or in a schedule. I don’t consider this synergistic. This sort of routine leads to burnout because it does not incorporate other important activities.

My ideal schedule, which includes exercising, eating raw food, phone calls, work, etc. is great because it includes all of the elements, their ideal proportion of time in a day they require, and the ideal times to do them. For example, I exercise 30 minutes per day, first thing in the morning. This is a bite-size, sustainable practice. In fact, I listen to books on tape and training material directly related to direct-response marketing, etc. to use my time even better and ensure I stay on the cutting edge of my industry.

The exercising rejuvenates my body, the meditation/spiritual practices rejuvenate the mind and consciousness. This awareness gives me an edge in my other activities that I am more clear and creative. The hour invested returns me two hours worth of increased productivity.

I see many successful business people whose bank account is fat but they are also fat around the waist. This fat indicates health problems, which lead to suffering, and likely a shorter lifespan, and ultimately less time and life to enjoy these riches. Their approach focused on work to the detriment of health. So they work all day but don't take 30 minutes to exercise. Definitely not a synergistic approach.

A daily schedule that incorporates all the right elements, over time leads to synergistic results in the long term. For example, eating healthy, exercise, meditation on a regular basis not only ensures that all these crucial areas of life are met and given attention, but that these aspects support and reinforce one another.

Long term, for example, one who is healthy in appearance is considered more attractive, which leads to more sales (marketing survey mentioned by Dan Kennedy). By meditating with a clear mind means business decisions which are made more soundly, that can accumulate advantages leading to financial breakthroughs, or preventing costly embarrassing decisions and business relationships that could have been prevented if we were thinking clearly at the time.

So take a close look at your daily schedule. Spend 3 days tracking moment by moment every activity. Then analyze and reassess: am I spending the right amount of time on the right activities to best advance my life and career?

Then rewrite your ideal optimal daily schedule, what time you would want to do your daily activities and how much time do you want to spend on them. This would be a guide, a compass, a "north star" to navigate you through chaos.

Regularly schedule in some time to reassess your schedule and time to maximize the concept of synergy in your life.

How I Got a Loan Mod Accepted by Bank of America

Even with all of the distress being experienced by bank lenders and borrowers alike, it is surprising how few success stories of loan modifications are out there. This is one of them.

A loan modification is simply when the lender will redo the terms of the mortgage to make it more affordable. They may even take the back payments, add them back on to the principal payment, and lower the interest rate and/or extend the term of the loan to make it more affordable to help a borrower stay in the property.

I refinanced with a loan originator in Arizona who sold the loan to Countrywide early 2008. My loan amount was $365,000.00 and the interest rate was 6.125% approximately, interest only for 5-10 years, and then the loan amortizes.

Around October 2008, I was scheduled for a medical procedure and contacted Countrywide. They immediately offered a forbearance, in which I did not have to pay any payments for 6 months. Actually, I insisted on paying 500.00 per month to show my good faith.

After the end of the forbearance, I may be eligible for a loan modification, or extension of the forbearance, unless I paid back the back payments or entire balance sooner.

In February 2009, despite my written agreement and timely payments, Countrywide/Bank of America reported my loan as past due. This ruined my credit and compounded my medical hardship.

Around March/April 2009 the loan was transferred to Bank of America, and this is where some of the confusion began.

Bank of America sent over a new repayment plan, which contained confusing language to the effect that the loan would continue to report late even if I paid on time. I conditionally accepted this agreement in May, but asked for clarification of the misleading and confusing wording.

Throughout June, the representative failed to return my calls. I mailed in a payment that was returned by the bank, and I called in to ask why. The representative said it was because my agreement expired because it was not received on time, but the representative also said the file showed up in her system, so it was resubmitted.

Meanwhile, the loan origination company began leaving threatening messages, apparently because the investor was forcing them to buy back the loan (for reasons beyond my comprehension). The loan origination company also sent me strange requests for my tax returns, pay stubs, and explanation for why the mortgage payments were made by a company which actually NEVER made the payments.

I responded firmly and clearly. At the same time, I kept at Bank of America/Countrywide relentlessly with letter after letter documenting their default and misconduct. I even filed a complaint with the Office of the Comptroller of the Currency (OCC.gov) because they repeatedly ignored my certified letters addressed to the CEOs regarding the damage done to my credit.

(Perhaps the CEOs were too preoccupied with their pending indictments to respond to me.)

My concerns continued to grow into July because BofA was refusing my payments and not returning my calls. On top of this, the loan originator kept harassing me with difficult to answer questions and threatening messages. I felt attacked, as if they were planning an elaborate trap to damage me with any apparent inconsistency I would state. But I would not succumb to their tactics.

However, I received a fedex package dated July 11, 2009, containing loan modification documents from Bank of America. All I need to do is sign, notarize, and return them by August 10, 2009, and I am on my way.

I sent the documents over to my researcher and to a banking attorney to review, and apparently these documents seem kosher. Also the documents do state that my loan will be considered and reported as current, which was an important "sticking point" for me.

The next step is to send a notice of fault and opportunity to cure to the originator, for their failure to respond. My researcher tells me to invoice them for damages, treble the amount of the mortgage originated. This is for their damaging correspondence. And who knows, many law firms now are representing consumers and would love to take this case on contingency and ultimately get my mortgage forgiven.

So although the circumstances leading up to this loan modification are a bit unusual, and someone else's case is likely to be different there are many lessons in this process appliable universally:

1. have a goal and stick to it relentlessly. But remain flexible to new developments.
2. keep accurate records and notify parties in writing (certified) of any discrepancies.
3. any errors the lender makes, properly documented, can be utilized in your favor if documented properly
4. fight back and refuse to be intimidated
5. plan for the worst but expect the best outcome
6. if you have a medical issue or other hardship that is compounded by the lender's conduct/misconduct, be sure to document this thoroughly
7. have thorough documentation to justify your case for loan modification

How to Delete Inquiries On your Credit Report

Like it or not, having inquiries on your credit report can get you turned down for a loan approval or credit report. I've applied for credit for years for myself and my clients, and I can't tell you how many times a bank wrote a rejection letter that we were turned down for a credit card "because of excessive inquiries."

No matter what a creditor tries to convince you of otherwise, inquiries DO lower your credit score. Granted, some mortgage companies, for example, only consider your most recent inquiries for past 3-6 months. The more you have, and the more recent you have them, the more your score is lowered. And a lower score also means you will end up paying a higher interest rate on your credit, which could cost you thousands of dollars over time.

In fact, many business and personal credit line services who specialize in obtaining credit lines for their customers won't even touch you if you have more than 2-3 inquiries per bureau.

But how do you delete inquires? The bureaus may like to tell you the propaganda that inquiries cannot be deleted, they are permanent, and stay on for months, even years.

Nothing is farther from the truth. Based on years of trial and error, I've uncovered some of the best ways to remove inquiries.

1. Write the bureaus a letter. Especially if an inquiry is truly unauthorized, they will have to contact the creditor and ask for them to prove the existence of the inquiry. Most will not have the time, or documentation to prove it, and inquiries will just fall off.

NOTE: Beware of disputing inquiries pertaining to an open credit line. For example, I heard of a consumer whose car got repossessed by Bank of America because he disputed the inquiry associated with obtaining the car loan with that bank. This is an extreme case, but beware of the risks.

But if inquiries resulted from "shopping" for credit, these are fairly easy to fall off.

2. File a fraud alert and dispute inquiries as fraudulent. Be careful of this as well, as your file will then be very closely scrutinized by higher paid credit bureau staff, which can be to your disadvantage.

3. "Bump" your inquiries off with TransUnion. For example, subscribe to a credit monitoring service such as creditchecktotal.com that allows you to check your credit daily with updates. These updates are "soft pulls" on TransUnion bureau. So they don't count as inquiries that other people see that would affect your score, but they are added to the record. Enough of these soft inquiries maxes out the record, and eventually bumps off the inquiries seen by all. It takes approximately 60 soft pulls. But you can cut the time in half by subscribing to multiple services that allow you to check inquiries daily.

Note that deleting inquiries years ago was much faster and easier than now, as bureaus have tightened up in their practices. TransUnion appears to be the most difficult to work with at this point in time, and takes the longest to see results with by mailing letters. Whereas Equifax and Experian are pretty fast.

4. Hire an expert to delete inquiries. I have worked with 3 different providers that have all performed. I have paid as much as $150 or more per inquiry to an attorney for deletion because the money I had paid him would be quickly recouped by the credit lines I would get approved for after the inquiries were deleted. No provider can guarantee all inquiries will be deleted, rather, on a "Best efforts" basis.

The most recent expert I have worked with uses a proprietary online and offline tactics to get inquiries deleted quickly and professionally. His cost is one of the most reasonable I have seen and he is very responsive and professional.

This should give you a better overview and more hope for your credit report. Time and space does not permit me to share the specific letters I have written to delete inquiries successfully.

Or if you wish to have the provider's contact information I would be glad to share it with you. This is all contained in my step-by-step home study system that teaches you how to repair and build your personal and business credit so you can have all the money you need to tide you over during these times.

Although the bar has raised for credit, banks still have plenty of money to give you, and if you can tap this vault, you will have an advantage that will help you make a fortune because you can buy assets as such an incredible discount.

Please visit the Million Dollar Corporate credit system for complete information.

Get faster short sale or loan workouts with Forensic Loan Audits

Fed up with your mortgage lender? Smell something fishy? Is your mortgage lender not cooperating with your requests to reduce your mortgage payments or principal balance? You are not alone.

According to many estimates, a majority of mortgage loans originated since 2005 at the peak that led to the mortgage meltdown--contain errors.

These errors can be "leveraged" as tools for a borrower or investor to perform a loan workout with the bank, or enact a short sale. Or, the ultimate tool is "rescission" - where you actually can sue the bank to get the entire mortgage forgiven. You will probably "settle" before this happens but this is powerful leverage.

Some may feel moral qualms about this process, but rest assured, it is a legal process by which a trained auditor or legal firm will actually review all of your loan documents to look for the following areas below. This came from a blog posted online - click here:

"Did the loan officer accurately disclose the loan terms to you? ·
Did you sign a separate broker fee agreement? ·
Was your home’s value inflated by the lender’s appraiser? ·
Did the lender fail to verify your ability to repay the loan? ·
Were you given all federal and state disclosures? ·
Were you properly notified of your right to cancel the loan? ·
Do your closing documents contain any technical errors? ·
Were you charged excessive or undisclosed fees? ·
Has your loan been sold without your knowledge? ·
Any and all applicable federal and state law violations ·
The real terms of your loan ·
Outline of hidden fees and/or commission earned by your broker or lender ·

A complete assessment so you can pursue possible legal claims against your broker and/or lender Report of all factual findings of the forensic audit using violations along with other areas of fraudulent discovery may allow litigation claims such as:

Slander of Title; Fraud (Material Misrepresentation)
Void Contract - Impossibility to Perform (CA Civil Code 1411,1511, 1595 et seq)
To Cancel Deed of Trust; Breach of Fiduciary Duty
Violation of CA Business and Professions Code Section17200 etseq
Intentional Infliction of Emotional Distress
Declaratory Relief; Injunction Relief
Restitution (Unjust Enrichment)"

Bottom line is, if the lender violated these or any number of laws, you have recourse against the lender. This can translate into bottom line dollars for you or your client.

If you are a real estate investor, you can offer this as value added to your seller or homeowner you are doing business with. If you are a homeowner, you could do the same.

Note this is not the catch-all that can or will solve all of your problems, but it is an important step to help you or your clients get the relief you seek.

CAUTION: you must hire a competent trained expert to perform these. There are many frauds and scams out there preying upon desperate borrowers not performing these services, or services not being performed by credentialed individuals.

Good luck!

Top 3 Critical Times You MUST meet Face-to-Face with your tenant/buyer Part 2

Here is a perfect example for #2 and #3, which are very closely related:

We took over a property "subject to" a year or so ago, where the seller was behind on her first mortgage payments with Chase, and deeded us the property into our trust, and we brought the loan current and started making payments.

For some reason, the bank did not properly process these payments. They started putting them in "suspense account" while starting to send a late notice to the seller who is also a previous borrower.

Meanwhile, buyers had moved in on a "contract for deed" in which they made repairs as part of their downpayment, and began making payments on the property. We agreed to give them the deed in their name when they complete the payments on the property or refinance, whichever happens sooner.

Anyway, the seller freaked out and was unable to reach us. So she went directly to the property and informed the buyers in the property of a delinquency and possible pending foreclosure.

Understandably so, the buyers were so freaked out they called us and began making all sorts of legal demands and accusations.

As a solution, the seller suggested we all meet somewhere near the property to discuss this face-to-face. I agreed, and then got the insight that this should be best handled with an official present. So I scheduled a meeting at my local title company where my title agent would preside, and answer all questions. All the parties would be present.

This worked like a charm. The title agent validated the title, the parties raised their concerns. I handled their objections and then steered them in the direction of setting up an account servicing program, where they would make payments directly to the title company, who would then make payments to the bank.

It would all be done third party and at arm's length. They were all happy with that solution and left with smiles on their faces. This was done on a Friday, in time for the Easter Holiday, which I am sure they all enjoyed more.

Had we stalled on meeting face to face, or dealing with these problems squarely, this deal would have blown up and resulted in a costly, unnecessary lawsuit.

Top 3 Critical Times You MUST meet Face-to-Face with your tenant/buyer Part 1

With all the emphasis made on "delegating" and "outsourcing", having others help do what you can't or don't want to do in your business, and using technology to make life more efficient and automated, there are times that you still must meet with the buyers for your homes.

I know I like to work in a very "hands-off" sort of way. I prefer to spend my time writing, thinking, meditating, strategizing newer and better ways to run my business, create new revenue streams and information products.

It's very tempting to get so into my bandwagon of prosperity I almost forget that the business is there to serve it's clients: buyers and sellers. I do have an acquisitions/resale coordinator Dave J., who handles the day to day operations and interactions with the sellers and buyers.

He's very efficient by phone and email, but here are the times when you still MUST meet with the buyers:

1. When reserving the property and signing the lease and purchase paperwork. Sometimes you will reserve it first, and then give them the paperwork to sign. Sometimes you will do it in one fell swoop, all at the same time.

2. When the buyers request it and there is no way to address their concerns my phone, fax, email, or mail.

3. When its so important for the integrity and stability of the deal, you have no other better alternative.

No-Cost Credit Tip Gets Your Buyers Financed Faster

For today's real estate investor, good credit is critical to enact a sale of your property to a buyer.

But there are alot of factors that can harm your buyer's credit and they may not even know it.

For example, an identity thief could steal your personal data and social security number to get credit cards without your permission or knowledge. Or a past due phone bill that doesn't even belong to your buyer may pop up on your credit. It has happened to our buyers more often than I care to admit.

Many of these inaccuracies prevent our buyer from closing a purchase. So in that case, we sell to them with a 12-24 month lease-purchase agreement. Before we move our buyer into the property, we make sure they are aware of the credit problems that need to be fixed, and give them a plan to take care of these items.

This keeps the buyers happy because they feel more in control and empowered, and this keeps us happy because we know our lease-options will cash out sooner when the buyer obtains new financing.

Many of my buyers are shocked to find some of the inaccuracies on their credit report. Fortunately there is a simple solution to empower our buyers. We encourage them to check their credit once a year just to see their progress.

Fortunately, there is a FREE way, that doesn't cost a single dime that lets you check credit every 12 months at no cost. There is no excuse not to check your credit in this manner.Click AnnualCreditReport.com to go straight to the source.

Beware of imitation sites - to the best of my knowledge and research this is one of the only few truly authentic sites.

Avoid Unpleasant Credit Surprises with this Free Tool

Recently our admin assistant operations coordinator noticed how successful I've been with repairing errors on my credit report and how I've helped others do the same for themselves. Seemingly incurable fixes.

One of the worst problems I've seen people do is they fail to check their report regularly.

Here are some common objections to checking credit and how you can handle them:

It takes too much time.

The good news is that checking your credit takes a few moments or just a click of a button.

I don't want the hassle.

The truth is, in this day and age, you can't afford NOT to check your credit. ID theft is on the rise, and your credit could be accessed by someone without your knowledge.
Its too expensive, I don't want to have to pay every month to have my credit monitoring.

Fortunately, there is a FREE way, that doesn't cost you a single dime that lets you check credit every 12 months at no cost to you. There is no excuse not to check your credit in this manner.

Click AnnualCreditReport.com to go straight to the source.

There are many "wanna-be" sites that look similar to this official "Free Credit Report" site but they are cheap imitations. Only stick with this official site to keep from having items tampered with.

So go visit this site and check out your credit. Do it now, thank me later!

Need to remove "Fraud Alert" from your bureaus? Here's an easy tip how

A fraud alert is a statement that appears on your three major credit bureaus. Often it is used if you have been a victim of identity theft, or if you wish to keep tight control over your credit report.

It alerts potential creditors that they must contact you to verify information before pulling your credit.

But there are times when this doesn't serve you. For instance, when I was trying to obtain new credit lines and a mortgage, the fraud alert slowed down the approval process to a grinding halt.

This happened because the creditors had to call me first and make contact with me before they could go ahead and review my credit report. The delay occurred because I was unaware when the creditors would try to call me.

Apparently some of the creditors claimed they left a message but I didn't receive it. Then I had to call them back, often leaving a message for a representative to call me. This resulted in another delay.

Originally I had put up a fraud alert because I did have unusual activity on my bureaus.

But in this instance, the fraud alert was hurting rather than hindering me. So, there are times when you need to remove it.

I found that by calling Equifax at 800.525.6285 during normal business hours took care of the problem. They did ask for my confirmation number, which I did not have. So if you have a confirmation number for a report within 90 days that will help. Otherwise they will provide that to you.

Then I asked to have my fraud alert removed. They stated that I should simply fax in a written request to 888.826.0573, which I did. Put it to Attention: Fraud Department. I was also asked to include two forms of ID. I included 3: utitily bill, social security card, and driver's license.

The representative indicated that the alert would be removed within 48 hours, and that they would also share this request to delete with the other bureaus, Experian and TransUnion.

New Way that Gets Your “Starter Home” for 100.00% Appraised Value ALL CASH: Part 1

It was one of those perfectly cute homes in a Hispanic neighborhood. A sweetheart deal, a 3 bedroom, 2 bathroom home in a working class neighborhood. We paid $30,000.00 for it.

A screaming deal. Or so we thought.

After about $30,000.00 in renovations later, it didn’t feel like such a screaming deal. The plumbing, flooring, siding, kitchen, and ac all needed to be redone completely. Contrary to what the owners had disclosed to us. As a 3/2 it would barely be worth $80,000, I realized.

So halfway into the renovation, with the home halfway torn open, I instructed my proud and noble handyman Raul to convert the extra space in the home into another bedroom and bathroom. So we ended up with a 4 bedroom 3 bathroom in the process. This boosted the appraisal value to $109,000.00 and make the home much more attractive to a potential buyer.

Finally, we began marketing this dollhouse. At first we promoted it the conventional way. Ads in the paper, signs in the yard, some flyers in the neighborhood. But after 30 days and no bites, I realized it was time to ramp things up. My investor loan was coming due, and I knew that if I didn’t get some action FAST, I could end up in deep “you know what.”

So I began thinking, “Hey, you’re Mr. Auction Powers! You’re the guy who teaches how to create a bidding frenzy. How would this fit for this home?”

Because this was a starter home (below the median in our market which at that time was approximately $180,000.00) I realized it would be ideal for a first-time homebuyer. Such a buyer would probably not have the cash to bid on such a property that a conventional auction or round robin bid sale would require. Such a buyer may have credit issues and probably be timid and have concerns about the home buying process.

So I discovered a way to position this home to eliminate all of these buyers’ concerns and make them thank us for it…This was the birth of my legendary “starter home auction”

Additionally, this home was in a Hispanic area, so I realized that prospects for this home may not speak English. So I hired a local translator for cheap. I also translated all my marketing into Spanish, and posted out flyers in Spanish as well as English.

How to Grow a Business Relationship worth Millions (Part 1)

Take Calculated Risks

When I relocated in Arizona in 2001 I didn’t know a soul. Living in Philadelphia I felt like a fish out of water, so I decided to move. I was drawn to Arizona’s booming real estate market, booming real estate market, sunny climate, and exotic desert beauty.

Create some Buzz about Yourself and Your Business

Taking the plunge in starting up my real estate investing activities, I hosted a seminar at the Scottsdale Civic Center Library auditorium. I placed classified ads to attract salespersons who wanted to earn while they learn. Perhaps a dozen showed up. After my presentation where I shared my personal philosophy and company vision, I asked that those still interested meet with me. Several approached me.

Attract Qualified People to your Dream Team

One interested gentleman named Glenn seemed to stand head and shoulders above the rest in terms of his qualifications. He seemed overqualified. He ran several businesses including a bar and had plenty of financial resources. Glenn had a lot to bring to the table, so we decided to work together.

Looking at properties in foreclosure was our first order of the day. For a period of time I sent him hot leads and asked for him to knock on the door in an attempt to contact the seller and perhaps purchase their property.

Stay Open and Flexible to Evolving Responsibilities

This later evolved into his assisting me by doing legwork on properties. Properties I had purchased we would prepare the sales literature and signs, and he would drive out there and set up these materials.

Pay Your People Well and Keep Your Word

Over time, I had him sign on our behalf at real estate closings, when we were buying and selling properties. It is a common practice of savvy real estate investors to buy homes in a trust, for which it is necessary to appoint a trustee. Glenn would sign the paperwork to buy and sell a property as trustee for a reasonable trustee fee of approximately $50-75 per transaction.

Creative Real Estate Entrepreneurs: The Alternative Medicine of Real Estate (Part 2 of 2)

But a huge percentage cannot get a conventional bank loan and these are the people we help. By contrast, we specialize in helping clients who want to own a home but may have credit issues, a lack of down payment, or a lack of knowledge or experience about how to buy a home.

So we are the alternative to the conventional system: we buy properties from clients who want or need to sell and do not wish to list their home conventionally with a real estate agent. And we resell these properties using flexible homeownership programs to clients who can’t qualify for a conventional bank loan, which requires perfect credit, a substantial down payment, and years’ of employment and tax documentation.

Our services are needed now more than ever. With more unsold homes on the market and homes taking longer to sell than ever—and many homeowners don’t want to wait that long, and mortgage lenders making it more difficult to buy a house, we save the day with a priceless alternative to both people who need to sell and people who dream of buying.

In the process, we create financial freedom and prosperity for our sellers, our buyers, our investors, and our staff. Sellers get relief by selling us a home that for them has become a headache. Buyers free themselves from the trap of renting forever, and taste the freedom of finally owning a home. Our investors receive a handsome return on their investment on any properties they supply us with the funds or credit.

By helping all these clients, our staff gets richly rewarded and has the opportunity to master the art of real estate investing and building a successful business. These financial tools help us live a truly prosperous life, advancing us towards our other dreams. Wealth is a tool to help us live truly prosperous lives, which also includes being healthy and happy making all of our goals and dreams fulfilled.

Our holistic vision and mission extends way beyond making money buying and selling property, real estate is a fundamental tool for making our own and others’ lives better towards fulfilling everything else important to our lives.

Creative Real Estate Entrepreneurs: The Alternative Medicine of Real Estate Part 1 of 2

The conventional mainstream of Western medicine has its uses. If you break an arm and have a medical emergency, you need a “conventional” medical doctor at a hospital to set the break and make sure it heals properly. But there are times when the conventional system falls short, and let’s say you have a chronic pain that just wont go away and medicine and surgery don’t seem like options. Then you might opt for a complementary treatment like acupuncture, nutrition, and the like.

Alternative medicine has its uses when a medical situation just can’t be helped by conventional medicine or surgery. Acupuncture and nutrition can help someone with chronic pain Our health is one of our basic needs as humans. So is having a roof over our heads.

So no matter what is happening in the real estate market and what the media is saying about it, everyone needs a place to live. In the same way, with real estate, creative real estate investors work with homeowners who need or want to sell their home but don’t want to go the conventional route of listing their home with a real estate agent. Although they might net more money in the end, they end up paying a commission, and dealing with buyers coming through their house and the possible delays and problems that come with dealing with a buyer who wants to live in their house.

Most homes are still sold through a real estate agent. In the case of buying a house, buyers with excellent credit and can qualify for conventional financing and a traditional bank loan. These are the buyers real estate agents tend to work with because they just show the homes to the buyers and the buyer just gets a loan, easily as 1-2-3. The competition is fierce among real estate agents to work with these types of buyers. But there are other options… (continued in part 2).