Archive for Amber Gunn
Discount Bank Notes For Sale: Note Trading Mechanics 101
Posted by: | CommentsNOTE TRADING MECHANICS 101
The current economy limits the number of BANK QUALIFIED POTENTIAL BUYER’S for real estate. This ads to the downward pressure of the achievable price for your PROPERTY FOR SALE. The simple solution for this dilemma is often overlooked by all parties to the transaction, VENDOR, PURCHASER, REAL ESTATE AGENT. The solution is VTB (VENDOR TAKE BACK), or a TRUST DEED this means the VENDOR holds a mortgage on his property for the balance of the price after the PURCHASER made his DOWN PAYMENT, example: PROPERTY VALUED AT $200,000, the purchaser has $80,000 for a DOWN PAYMENT, leaving a $120,000 balance to be financed. The VENDOR takes back a VTB for $120,000 for 5 years with a 25yr AMORTIZATION at a rate of 8% which translates into monthly payment of $926.18. The vendor wanting to cash out would offer the mortgage note at a discount to investors. The 8% return to the investor with a LTV(LOAN TO VALUE RATIO) of 60% security is quite attractive thereby netting $120,000. The vendor can sweeten the deal by DISCOUNTING the MORTGAGE to $110,890 and thereby giving the note purchaser a ROI(RETURN ON INVESTMENT) of 10%.
There is another possibility for the VENDOR of accessing a smaller lump sum of cash by just selling the 5 yr cash flow($926.18 x 60) and retaining the principal, this would yield the vendor of the first example $43,590.97 and still collect the REMAINING PRINCIPAL BALANCE OF $ 110,728.73 at the end of the 5yr term. The NOTE PURCHASER would receive the cash flow of $926.18 monthly for 5yrs($926.18 x 60) for a total of $55,570.77 with AN INCENTIVE of 10% ROI on the cash flow portion, buying it for $43,590.97.
The next step in the money chase is to find a buyer for your MORTGAGE NOTE. This can be achieved in several ways, contacting Real Estate Agents, Mortgage Brokers, or placing advertisement in your local papers, or doing research on the internet.
One of the ways to achieve the optimum price on your mortgage note is to deal directly with a buyer. This is a daunting task if you do not have any experience or contacts in this field. The solution to this is WWW.NOTETRADINGPOST.COM Where BUYERS and SELLERS can deal directly with each other.
If you are looking for a place to advertise your note for sale directly to potential purchasers or you wish to invest and deal directly with the NOTE VENDOR then your choice site is WWW.NOTETRADINGPOST.COM
It is a good starting point for both BUYERS and SELLERS to visit WWW.NOTETRADINGPOST.COM to get an overview of what is available in the REAL WORLD.
I have extensive background in Finance & Real Estate you can Email me with any questions. My Email: money@NoteTradingPost.com
or visit the site http://www.NoteTradingPost.com
Chapter 4 | The Sorrow | The Invitation | Oriah Mountain Dreamer
Posted by: | CommentsChapter 4 | The Sorrow from The Invitation
If we are strong enough to be weak enough, we are given a wound that never heals. It is the gift that keeps the heart open…
Knowing how to do this (getting my heart broken over and over again), finding the courage to take another breath and not close my heart to myself or the world where there is pain, is what I seek to learn – how to love well…
We are a very creative species – we can use just about anything to anesthetize ourselves. But in doing so, we also remove ourselves from feeling the joy. Life becomes less, and if we are even slightly numb, it is hard for us to find the wisdom we need in our lives and in our world…
I cannot save myself, nor those I love, from the sorrow that is part of life. Knowing this, it is tempting to protect myself from pain by simply closing a little to life, especially in the areas where I have been hurt, in the ares that matter most…
And the moment it (knowledge) is revealed, we become aware of a need from something else: for the wisdom to live with what we do not know, what we cannot control, what is painful — and still choose life…
“Do you choose to rise above your sorrow?”
When we learn to be with our pain, we retrieve the parts of ourselves we have attempted to leave behind, and we are able once again to love those parts of ourselves. We find our wholeness and leave behind the impossible ideal of perfection that keeps us from the wisdom we need to live fully and compassionately with our humanness and the world…
Chapter 4 | The Sorrow
Chapter 2 “The Longing”
Posted by: | CommentsChapter 2 “The Longing” from The Invitation
I HAVE FAITH IN LONGING, wherever it finds me…
It is the voice of the parts of myself I have left behind in the deals I have tried to make with life, trying to trade pieces of my dreams for promises of safety…
It is not the being, no even the doing that exhausts. It is the trying: trying to be present, to be awake, to hold the whole world, to be better, more self-aware, more conscious. My hopes for us are real: I want to help create a world where the very idea of toxic waste would raise such a cry of anguish from the people as to make it unthinkable: where we would move, pulled by the heart, to care for the poor, the ill, the dying and despairing without debating where they are deserving, without fear of contamination, seeing ourselves in each person…
I want to quit running from my own tiredness. I want to be willing and able to move only as fast as I am capable of moving while still remaining connected of the impulse to move from deep withing, stopping when I have lost that slender thread of desire and having the courage and faith to wait, in stillness, until I find it again…
“What are you longing for?”
This is what I ache for: intimacy with myself, others, and the world, intimacy that touches the sacred in all that is life. This ache, this longing is the thread that guides me back through the labyrinth of compromises I have made, back to my soul’s desires. And sometimes I am afraid of my desires – afraid of that they will ask of me, what vision of myself or the world they will offer that may demand a sacrifice of my carefully cultivated way of seeing. If we are never consumed by the transforming fire of our desires, we risk falling in love with the sweet ache of longing, the daydream of “what if…” or “some day…”
Chapter 2 “The Longing” from The Invitation
Original content posted at http://austinrealestateandloans.wordpress.com
Chapter 3 | The Fear | The Invitation | Oriah Mountain Dreamer
Posted by: | CommentsChapter 3 | The Fear from The Invitation
All my usual cautions about how fast and how far to open my heart and my life to any man evaporated in the heart of desire that reached for him, both hands open, whispering, “Live.” I held nothing back. I risked it all. I let myself love and be loved, deeply…
I had shown the depth of my hunger. I was revealed to the world as a woman of deep, untidy passions that could override my usual ability to be an astute judge of character and to make carefully thought-out decisions. I was the fool. And I would do it all again. I would not trade one moment of the loving for the assurance of a predictable outcome or protection of my pride. For I learned to discern between heat and the warmth of the real intimacy between power and passion, between intensity and love. I discovered the wholeness of my longing for a mate – the need for a friend, brother, and partner where I had sought only a lover…
But the longing is larger than the fear, the desire more fierce than the pain. My second husband is a good man; we did not have a bad life. It was simply not my life. I had to leave the life I had built and go forward to meet the life for which I longed…
And sometimes, although we may ourselves hold these values , their dominance in our lives in a particular form does not allow us to live our other aspects of what we love and who we are…
“What do you fear?”
The truth is that some days I feel I am ready for freedom and other days I am so tired I don’t want the responsibility it brings into my life…
Sometimes, when I see others follow their desires, I am surprised to find myself not only unsupportive but angry, threatened. If I have convinced myself that lack of money and the needs of those dependent upon me are the reasons why I cannot risk doing work that is more consistent with my soul’s desires, the woman or man who makes such a change and finds ways to meet obligations similar to mine, without the financial resources beyond mine, challenges my certainty that I have no choice. Ironically, I find myself, at moments, clinging to a belief in my own powerlessness, a belief that will let me off the hook of responding to my soul’s desire. Those who chose a different response threaten the seamlessness of my self-deception…
Chapter 3 | The Fear from the The Invitation
Four Undeniable Truths of Successful Entrepreneurs
Posted by: | CommentsWe all attend different networking events from time to time and our schedule is often full of events where real estate is the underlying theme. It’s refreshing to switch it up from time to time to attend an event or Meetup where entrepreneurial ideas are shared. After all, most successful realtors and investors are serial entrepreneurs of some sort. We are always keeping our eyes and ears open for the any “nugget” that could potentially help us grow our existing business or make it more efficient. So was the case a week ago when Amber suggested I attend an event that she couldn’t make.
While the information was not new to me, it was refreshing to hear and the concepts discussed are truths that we all struggle with on a day to day or even an hour by hour basis. Here are the highlights of the evening!
Concept #1 Time Management is a Lie
- Time is finite and is impossible to manage
- The only thing you can manage is you
- MILLION DOLLAR SKILL: Honoring and Respecting Your Time
- Schedule the most effective/important items
- Your Time is worth what you make it
- Don’t let leeches suck you dry
Concept #2 Personal Management is a TRUTH
- It’s Not About Calendars or To Do Lists
- It IS ABOUT SHIFTING YOUR STRUCTURES, Behaviors and Activities
- Do the most productive things that make you $$$$
- The Disease of Multi Tasking
(You Reprogram EVERYONE ELSE to respect your time and NOT YOURSELF)
Concept #3 Ultra Successful Entrepreneurs Create Space
- Key Distinctive: SPACE vs. TIME
- You create space for yourself
- There are only 24 hours in a day
- It’s About Honoring What You Do Best
- Million Dollar Skill-Outsourcing
- Contract to Close/Short Sales with Realtors
- Personal Assistants
- Virtual Assistants
Concept #4 You Must Put Habits and Structures in Place
- The Art of Scheduling Appointments w/Yourself
- Million Dollar Skill-Time Chunking
- 90 minutes is conducive to learning
- Time Spurts
- BIG ROCKS FIRST
- The Disease of Distinctions
