Is This The End Of The Mortgage Industry As We Know It?        

One of the greatest mortgage products in the history of the mortgage industry is rapidly going away due to the unwarranted fear of Wall Street. That loan is called the option arm, power arm, assured arm, pay option arm, and dozens of other names. Since it first appeared about five years ago it has made investing in real estate EXTREMELY attractive and has made the average investor aware that real estate can be a much better investment than the casino that is Wall Street.

Now the big Wall Street banks cannot afford to have the average consumer consider taking their investments from Wall Street and invest them in Main Street. The Wall Street bunch realized that THEIR product (the deferred interest loans) was actually dramatically improving real estate as an investment and once Wall Street discovered that they have had to come up with a way to eliminate those loans. They are aggresively doing that as we speak. From a practical perspective, they are virtually gone from the marketplace as we speak. I suspect they will be a distant memory in the very near future.

So how do you make lemonade out of this huge basket of lemons? You do so by being creative. You do so by thinking out of the box. These are skills lost to most of the population.

There are an absolute ton of these loans in the marketplace. They, coupled with more traditional interest only loans (which are also under attack), have been the mainstay of the purchase and refinance markets for the past several years.

Thanks to the orchestrated efforts of the media and politicians (who know nothing about finance), the average consumer that has one of these loans thinks it is the work of the devil. Unless a mortgage broker has taken the steps I do to help a client understand this type of financing, the consumer is confused and scared.

The average homeowner moves every 6.5 years. In Colorado (where I live) that number is actually around 5 years.

Using non-traditional real estate acquisition techniques like my personal favorite - the equity split lease option, you as a real estate investor should seek people with these loans out and approach them about working with you. You will have great financing, cash flow, and they will have outstanding tax benefits.

My book the ¡°Step Forward Home Selling System¡± gives you the generic approach to this situation. Add to it the flexibility of focusing on prospects with deferred interest loans and you have a niche that will drive your real estate investment business.

Consider joining us in the Certified Real Estate Equity Strategist program and we will impact positively this market together.

Great Investing!

Diversity of experience, competency, expertise, enthusiasm, and focus are all words that describe Joe White. Few people combine his knowledge of Financial Planning,Traditional and Non-Traditional Real Estate, Mortgage and Finance, Marketing and Sales, and general business acumen.

Joe puts that combination of diverse experience and expertise in a package that includes great verbal and written communication skills. His ¡°down home country boy¡± style is comfortable. As the host of a daily business show heard on multiple radio stations in the Rocky Mountains, he is constantly interviewing our nation¡¯s leaders in business, real estate, marketing, sales, and more. Daily, he is challenged with new cutting edge ideas. This helps to keep him on the point of the spear.

Joe spends an enormous amount of time each week improving his knowledge in his core competencies of mortgage and real estate equity strategy. His knowledge is unrivaled in the mortgage and real estate planning field.