Rancho Murieta CC Special Membership Offering…http://wp.me/pDIS9-1H

 

RANCHO MURIETA CC   (One of the best country club settings in Northern California)  is now offering full golf memberships with NO INITIATION FEE!!  That’s right TWO Championship Golf Courses, 6 lighted tennis courts, huge club house, fully stocked pro shop, large driving range, and a very nice practice facility with bunkers and TWO large putting greens.  Dues are $387.00 per month and only $150.00 per quarter which includes food and beverage plus pro shop items.  Contact Bonnie at 916-354-3421 or at rmccmktgdir@sbcglobal.net  or me for more info.  Offer good till May 31, 2010.  $550.00 admin fee for paperwork and setup. 

Short Sale vs. Deed in Lieu

A short sale and a deed in lieu of foreclosure may end up being the final result in a modification. What a short sale does is, it allows the home owner to sell the home for less then they owe to the bank they originally got a loan for to purchase the home. This has become more common as home values have declined as much as 60% in some areas across the nation. Generally the hardest part of the short sale is working with the lender to get them to accept the price offered by the buyer. Many factors come into this equation of what to sell the property for. One major factor is how much the comparable home sales in the area are going for. Due to a large volume of foreclosures being sold in almost every area, this has caused the selling price to go down. Another contributing factor is how large of a loan the current buyer can qualify for. Due to the economic and mortgage crisis, home loans have been hard to qualify for and this had added to a halt in new home purchases.

Usually the final step in avoiding a foreclosure is when the current lender has offered a deed in lieu of foreclosing on the home owner. This is the lender offering to forego the option of foreclosure assuming that certain terms are met when returning the property back to the lender. This option is far better than paying for a unaffordable mortgage and or getting a foreclosed on. As the market matures this option is becoming more popular with many clients looking for a modification. When the banks offer this to a client, they are generally looking out for the client’s best interest and understand that the client is in an unavoidable situation.

for more info please contact my email jkays@jerrykays.com

or my website: http://www.jerrykays.com

The path to wealth starts with debt freedom!

If you had little or no debt in your life, how would your financial world change?

For many people, it would mean that the money they are currently paying in interest would go to building a more sound and secure financial future.

The first step in changing your life is to begin managing your debt instead of having your debt manage you. That is truly the first step to financial freedom. The Xodus Solution helps provide you with a roadmap to financial freedom. The program takes your current income stream and through the use of advanced software technology, sophisticated mathematical algorithms and a different way of looking at debt and income, helps you begin eliminating debt far faster than you may have thought possible.

By consistently and diligently using the Xodus Solution you get the power of money working for you instead of generating income for the bank. You set your financial goals and, once you have gotten debt under control, you can begin funding wealth-building activities instead of paying high interest costs on credit cards and consumer loans.

Imagine if you were saving your mortgage and credit card payments every month instead of paying interest. Over time, those savings could build into a substantial nest egg for your future. That is the goal of Xodus Debt Solutions: To help people be free from debt and then, to begin saving instead of paying.

You can begin changing your life today with the Xodus Solution.

Please go to my website for more information

http://www.jerrykays.xodus.com

BK 7 and 13 vs. Credit Card Counseling vs. Debt Settlement

When would I consider debt Settlement?

Debt Settlement: Credit Cards bills cannot be paid down within an acceptable time frame or you are unable to make your minimum payments then a debt settlement plan might be for you. Debt settlement will reduce your monthly payment and we will settle with your creditors with the funds you have built up in your escrow account.

This will negatively impact your credit but not as bad and as long as bankruptcy.
The debt settlement payment may be less then the state appointed BK payment.
You can miss payments and pull money back if needed, unlike BK.
You can avoid the stigma related to filling bankruptcy.

Credit Counseling CCC: Though we do offer credit counseling, we DO NOT believe in it. Credit Counseling will lower your interest rate on your credit cards and not the balance. During the time period the interest rate is lower clients will try and pay down the principle. This does negatively impact your credit and does not have much value in our opinion.

When would I consider Bankruptcy?

• Sale Date: You have a sale date on your home that the lender is unwilling to extend for a modification. Filling bankruptcy will stop this process.
• Lien Stripping: Removing the 2nd or 3rd mortgage from the title of your home via bankruptcy to have an affordable mortgage.
• Business Debt: Filing business debt and bankrupting you company.

What are the consequences of bankruptcy?

• Reporting on Credit: BK will report on your credit for up to 7 yrs. This will have a negative impact on your FICO scores.
• Credit Cards and Loans: You may not qualify for new types of credit, like mortgage loans or credit cards.

DEFINITIONS:

Chapter 7
Chapter 7 bankruptcy is preferable for people who do not want to be “locked down” to a stringent budget for up to five years, or who don’t have a consistent income stream that is sufficient to pay all monthly bills as they come due. Chapter 7 is a “liquidation” procedure, which actually works best for most people. The typical timeline for Chapter 7 is only 90 days start to finish and it works like this:

You (and your attorney) prepare the “bankruptcy petition package” and file it with the Bankruptcy Court. The “bankruptcy petition package” is a bunch of forms and information needed by the court. The purpose of the “bankruptcy petition package” is, in essence, to create three categories of information.

You list all of your “assets.” Assets are the things that you own: cars, house, clothing, household furnishings, money in the bank, etc.

You list all of your debts: credit cards, loans, medical bills, car payments, mortgage, judgments, liens, unpaid taxes, etc.
You list your monthly income and your monthly expense budget: Monthly income for bankruptcy purposes is wages from your job and any other money that you regularly receive, e.g. unemployment, disability, social security, alimony, etc. Monthly expenses are all of your normal monthly bills that you have to pay to support you and your dependents like rent, house payments, utilities, car payments, insurance, food for you and your family, taxes, basic necessities, medical and dental expenses, support for children and elders that you care for, and all the other bills that you have to pay in order to live.

Chapter 13
Chapter 13 bankruptcy is a “debt repayment plan” that is designed to allow people to “catch up” on missed house or car payments by making up the missed payments over a period of time.

It works well for people with regular income and who can pay their normal expenses but have missed house payments due to a temporary interruption in income, such as an illness, a period of unemployment, or other temporary circumstance.

The benefits of Chapter 13
It allows you make up missed house payments over time, but you must have a consistent and provable source of income and be able to make all your regular payments every month, and pay a little extra toward any delinquency.

The down side is that Chapter 13 requires you to live on a specific budget for a period of three to five years. Chapter 13 does not work for people who have a mortgage payment that has “reset” to a higher amount that they cannot afford, or are facing a large debt load that cannot be paid off over a three to five year period.

 For more information on debt and how to control it please go to this website.  Contact me if you have any questions regarding the above information

http://jerrykays.xodus.com

jkays@jerrykays.com

Interested in a proven way to eliminate your debt and save your credit rating?

The Xodus Solution: A Powerful Program

The Xodus Solution is one of the most powerful programs available today to help people eliminate debt. The key to the Xodus Solution is an advanced financial application and debt elimination system developed originally in Australia. That program is currently being used by millions of people all over the world. Like them, you will find that the Xodus Solution can truly help you change your life.

The Xodus Solution uses highly sophisticated software technology that takes your current income stream and applies mathematical algorithms and advanced debt reduction strategies to help you pay off debt far faster than you may have thought possible. You establish an “Xo Account” that is either a line of credit or an interest bearing account. You then use that account in place of your existing checking account. By managing what’s called “money float” in a similar way the banks do, by paying off high cost debt with lower cost interest, and by putting in place a consistent debt repayment program, you can pay off your obligations faster and eliminate debt.

The results are dramatic.

The Xodus Solution is surprisingly easy to use. The user interface and tools are very intuitive and make working with the program a relatively simple process. It even gets to be fun. If you’re like most people, you don’t need to add to your income or dramatically change your lifestyle. The key to the program is that it helps you make appropriate payments toward your debts, helps you take advantage of money float and cheaper interest to help pay down debt, and then funnels the associated savings to further help reduce debt.

The Xodus Solution is a tremendous tool. But it is just that, a tool. And like any tool, you only get out of it what you put into it. Your Xodus Solution will only work if you do the things you need to do to make it work. That means being a disciplined, consistent user who applies the principles of the product and puts forth the effort to achieve success. But if you’re like most people, you can do the things you need to do to make it work.

Isn’t it time you took control of debt and started building wealth?

You can start today with the help of the Xodus Solution.

 

Xodus

http://www.jerrykays.xodus.com

Very good financial information

The Proven Formula

 

Land Banking is the proven wealth building strategy of acquiring pre-developed land in the growth path of a major metropolitan center; waiting for its value to mature, and then selling it for a significant profit.

 

GreenDeed is carefully researched and selected pre-developed land for the specific purpose of land banking. All GreenDeed parcels are purchased with a grant deed, fee simple and title insurance.

 

GreenDeed provides individuals with:

 

Land ownership purchased with a recorded grant deed, fee simple and title insurance.

 

An opportunity for a safe and profitable alternative for building a retirement nest egg, paying for a child’s or grandchild’s or education, creating an enduring legacy.

 

Owning GreenDeed In Your IRA

 

You no longer have to rely on the stock market “roller coaster” with your retirement dollars and hope the time is right.  Did you know that section 408 of the IRS tax cod opened the door for you to roll over your IRA (Traditional, SEP, SIMPLE, or Roth) as well as some qualified 401k, Solo 401k and 403b plans into real estate without additional cash or tax penalties?

 

Watch this video http://208.179.55.228/GreenDeed Email me to set up a 1-on-1 for more info!