The Mortgage Meltdown Video

Here’s a recent story from 60 Minutes on the mortgage meltdown.

What does this mean for you?  Comment and Rate below

 

 

As a licensed real estate profession and investor, this situation has major implications that are good and bad depending on your position.    The homeowners loosing their homes are at the short end of the stick if they do not seek professional advice and guidance on how to overcome their foreclosure and financial challenges.  The sad part is, most will not!!!  Many homeowners will stick their head in the sand until the auctioneer is in front of their house swinging the final gavel granting their house to the highest bidder. 

 

 

Through my business I have been able to help families keep their homes and rebuild their financial standing.  With the credit crunch it is harder and harder to qualify for a mortage loan, and if you have a foreclosure on your credit repot you can almost FORGET ABOUT IT!!!  Fortunately, the credit rebuilding and structuring I provide teaches my clients the in’s and out’s of how consumer credit works and how to play by the rules, and win!!!  For more detail on my services go to Path2Wealth and Credit Health

Now as an investor, WOW what a time to invest!!!  It has been said by TRUMP, Robert Kyosaki and others that more millionaires and billionaires will be made in the next few years than ever in our history.  WILL YOU BE ONE OF THEM?  Deals are all over the place and when reports and broadcasts like the one above come out, most people panic and don’t know how to deal.  Investors adapt, restructure and make money.  So, what are you waiting for?  Get in the game!!!  Don’t give excuses, get results.  Start reading (ie my blog, my shameless plug ), study the courses out there, find a local mentor and GET IT DONE!!!

Here’s a link where you can research your local real estate stats

http://www.trulia.com/real_estate 

What are your thoughts, concerns and/or comments?  I’d love your feedback and if I can help you in any way, please feel free to contact me.

Until next time GOD bless.

-Al