Upcoming Events
Lloyd Segal’s Foreclosure Bootcamp Saturday, November 21st, 2009 & Saturday, December 5th, 2009 from 8a – 5p
Foreclosure Bus Tour – Lancaster/Palmdale – Saturday December 12th @ 2p
Loan Modification Seminar - Lancaster/Palmdale – Saturday December 12th @ 11:15a – 1:15p
NEWSFLASH - HISTORIC RECORD LOW INTEREST RATES – AGAIN!!!
30 YEAR FIXED Current Rates today are 4.625% for 1.5 points + approximately $3k in closing costs on 14 day pricing up to $417,000
30 YEAR FIXED Current Rates today are 4.625% for 1.625 points + approximately $3k in closing costs on 35 day pricing up to $417,000
30 YEAR FIXED Current Rates today are 4.875% for 0 points + approximately $3k in closing costs on 14 day pricing up to $417,000
30 YEAR FIXED Current Rates today are 4.875% for .25 points + approximately $3k in closing costs on 35 day pricing up to $417,000
30 YEAR FIXED Current Rates today are 5.25% for absolutely 0 Cost on 35 day pricing (minimum loan amount is $250k) up to $417,000
The rates today for a zero cost loan are 5.25% on a 30 year fixed for a $250,000 loan (the new conforming jumbo limit is $729,750).
Please be aware, lower rates are always available by paying points, fees/closing costs – WHICH WE DO OFFER. The question is, does it make sense to pay those closing costs & get those lower rates? We can show you the break-even point & then you decide. We offer both!
Yes, we have the same rates as the signs on the sides of the freeways, but please understand that it is going to cost you, to get those rates with anyone you go to.
With our program, if the rate drops, we can refinance you again at no cost to the lower rate - just like all of our borrower's did right after Hurricane Katrina. Rates dropped a .25% the day right after the Hurricane because almost everyone in New Orleans lost their jobs. And due to those job losses, rates dropped considerably in one day. So guess what we did right after we closed their loans? That’s right! We refinanced them again to the lower rate & it didn’t cost them a penny. Now, we are not saying there is going to be another Hurricane, Terrorist attack, but I definitely do see the Economy slowing (I think Retail Sales are going to see 20-30 year record lows & the exact day I see it happening is the day after Thanksgiving – the busiest shopping day of the year), and if the economy does slow down some more, then guess what? Rates are going to come down & we have a great program for you because, with us, we can refi you again & give you the lower rate at absolutely zero cost. As a company, we get paid the same amount to refinance you 1, 2, 3, or 4 times. So, our hope is that rates drop & we can refinance you again. Our average customer has refinanced 4x since May 2002 - because the rates kept coming down. We are not market forecasters or anything like that, nor do we predict the future - we just hope the rates drop so we can refinance you again at no cost!
We are only one of 3 Co.'s that advertises this on TV & Radio in California. Our concept is volume.
We can be reached at 949-222-0240 & thanks for being part of the SFM Network. We stand behind our match & beat guarantee no matter who you deal with as long as you get a good faith estimate in writing.
Foreclosure Bootcamp – Where & How to find them & buy them without 52,000 competing offers
Saturday, November 21st, 2009 & Saturday, December 5th, 2009
Location - Beverly Hills, CA
Event - Foreclosure Bootcamp - How to find them & buy them
Cost - $495 with a 100% guarantee and free copy of Put Your Money Where Your House Is: The Definitive Guide to Smart Investing in Today's Market by Fred and Lisa Solomon
TO REGISTER, email: fred@sfmdirect.com
800-811-7709
From Fred Solomon - I have been associated with a plethora of real estate gurus and after attending Lloyd's Bootcamp from start to finish (numerous times), I highly recommend the knowledge and opportunities that you can gain. The events are so powerful, it goes on until well over 7:45pm. THIS IS LIFE CHANGING INFORMATION!!
There is no selling of other workshops, Lloyd Segal just introduces you to people who can help you accomplish your goal - "A Dream Team" so to speak. Lloyd and I will stay there as long as you want to answer every last question you guys have. This is good stuff and I highly recommend this class. I have investors that are now using his techniques and they are doing deals. Lloyd has plenty of students doing the same.
I am privileged to help people and the reward is the continuous thanks I receive such as: "Fred, you have given me a ray of hope so I can start making money again in real estate," said my recent radio guest.
We will hold your hand and help you along the way too when you start finding the deals. Everyone needs someone they can rely on who has done it before. Lloyd and I are here for you. Look forward to seeing you.
The time is now to profit with foreclosures! A "Perfect Storm" of economic events has made investing in California foreclosure properties an incredible opportunity -- and now's the time for you to profit...
With a deep recession, mortgage crisis, adjustable rate mortgages re-setting, balloon payments coming to term, borrowers losing equity in their homes, a home market turned upside down by recent events, and a tidal wave of foreclosure filings, there are literally thousands of foreclosures, short sales, REOs, and under-valued properties in Southern California --many in your area--ready to be purchased far below market value.
Join us for this all day foreclosure bootcamp that will change your life. Led by Lloyd Segal. Lloyd is known as "California's Leading Foreclosure Expert," and author of "Stop Foreclosure Now" (recipient of 2008 Award for best personal finance book by USA Book News), and "Stop Foreclosure Now in California."
According to Retran foreclosure services, foreclosure filings surged in 2008, and are now exploding in 2009, as California (the state that once enjoyed a white-hot housing market) is now seeing the greatest number of loan defaults and foreclosures in the state's history.
The current rise in foreclosures is an incredible opportunity for you to achieve the privileged life you've always dreamed about not years from now, but months from now. Lloyd's Foreclosure training will reveal the specific foreclosure investing strategies and techniques that have been used again and again by foreclosure investors to purchase these properties substantially below market.
Learn how to find great deals. Take advantage of the tidal wave of foreclosures. This is a once in a lifetime opportunity to profit with the dramatic downturn in the real estate market. There are thousands of properties and distressed homeowners in your area, and they need your help! Attend this Bootcamp in Beverly Hills Saturday, November 21st, 2009 & Saturday, December 5th, 2009, you will expand your knowledge, increase your wealth, and create your own "retirement plan."
At this exciting foreclosure bootcamp, you will learn:
California's non-judicial foreclosure procedures.
How to find foreclosure properties.
How to contact homeowners in foreclosure.
What to say (and not say) to these distressed homeowners.
How to structure the deal (and create a win/win situation).
How to purchase properties without your own money or credit.
How to buy "short sales."
How to buy at trustee's sales.
How to buy REOs from the lenders.
Stay in compliance with California foreclosure laws.
TO REGISTER, email: fred@sfmdirect.com
800-811-7709
Our Next FREE LOAN MODIFICATION WORKSHOP in Palmdale/Lancaster is Saturday December 12th
Email me @ fred@sfmdirect.com & let me know if you would like to attend or not
Date – Saturday December 12th @ 11:15a – 1:15p
Location - Lancaster Public Library, Lancaster, CA 93534
Cost – FREE
Learn why you will or will not qualify for a loan modification – the In’s & Outs of what you need to know.
Our Next FORECLOSURE tour to Palmdale/Lancaster is Saturday December 12th
Email me @ fred@sfmdirect.com & let me know if you would like to attend or not
Here’s what people told me from our last Foreclosure Tour in Lancaster/Palmdale!
Hello Fred, The tour to Lancaster was very meaningful for me and my husband. Thank you for your time and kindness - Mariko Shibano
Take a look at this cash on cash spreadsheet I did on some properties I have been writing offers on. There are some incredible deals out there right now.
Date – Saturday December 12th @ 2p
Location - Lancaster Public Library, Lancaster, CA 93534
Cost – FREE
FRED, SHOW ME THE #’S!!
I am on Escrow on this property in Palmdale/Lancaster – here are the details $80k purchase price – 25% down - $20,000 + $3,000 (the seller is paying for $1,500 of it) + $4,500 for closing costs – the monthly cash flow is $592.20 – $7,106.40/yr on a 15 year fixed mortgage & then you divide that by your down payment of $20,000 (the money out of your pocket it took to close the deal) + fix up costs (approximately $1,500) + $4,500 in closing costs, $26,000 in total costs out of pocket - & get this your rate of return on your money (we call it the cash on cash return – in other words, if you put the $ in the bank what interest rate are you getting?) In this case it is 27.33% on a 15 year fixed mortgage @ 5%. That is incredible. Generally speaking, the CAP rates on Commercial properties are in the 7’s in good areas in Southern California. This is 27%+ on a 15 year fixed mortgage. Now, granted we are comparing the cash on cash to the CAP rate, I understand, these are just incredible deals, no matter how you look at it.
Now let’s say you decide to take the $592.20/month of positive cash flow & use that to just pay down the principal. Do you realize that your home will be paid off in 77 months (6 years, 5 months). Now I was talking to my father & here is what he said (he is a conservative CPA & successful Real Estate investor). “Well, it sounds too good to be true - outstanding investment & too good to be true – what is the rental market like?” Now, one of my clients has some rental property there & he says he gets plenty of calls within a week when he advertises his properties for rent – we can handle getting them rented for you as well). The only way to satisfy yourself is to go look at it yourself, so come with us this Sunday, November 8th! You can go to google maps (you can look at the neighborhood up & down the street – the only thing you can’t do is look inside the house, however, we can get you pictures of the inside of the home from the multiple listing service or you can go drive there yourself – remember you can go see the property anytime you want with your Real Estate Agent before escrow closes – in fact the final walk thru inspection is 5 days prior to the close of escrow – fyi!!)
Come join us Saturday December 12th @ 2p for a FORECLOSURE TOUR you just won’t want to miss!
Email me @ fred@sfmdirect.com & let me know if you would like to attend or not – thanks!
Fred Solomon
Real Estate Education & Financial Coaching
If you or someone you know can benefit from this info, let them know about our workshops or give them our phone # - 949-222-0240.
Better Business Bureau AAA Rated
Comments