Real Estate Investing Resource

Before you get lost in all the preps you’re doin’ for
your New Year’s Eve shenanigans, here’s some
awesome good news!

Tim did a call last Tuesday for his elite coaching
class and what he discussed was something other
gurus will probably charge you your firstborn for.

It’s called the Real Estate Investing Quick Start
Video and it’s something that’ll put rocket fuel in
your investing engine and make it go ZOOOOM!

In a nutshell, Tim outlined what you and every other
investor out there looking to make 2010 your biggest
year ever need to do - step by step.

It’s a no-frills, no-nonsense, high-intensity content call
that only Tim’s top-paying students have access to.

And you’ll get it as a bonus for signing up for a
DoDeals Premium Membership right now for just
ONE DOLLAR!

I want this now! > http://dodeals.com/go.php?l=oneB

Of course you shouldn’t discount everything included
in your Premium Membership:

1. Access to the largest database of motivated seller
leads and qualified buyers

2. Cool and useful real estate investing tools such as
our f’r'e’e Home Value Estimator (which gives you
amazingly accurate value estimates comparable even
to the MLS)

3. Access to education and training materials (we
got tons of training and content videos you immediately
get access to upon signing up - the same content
other sites would charge you an arm, a leg and a
pair of kidneys for).

Now I dare you to tell me honestly what you think all these
is worth.

But regardless of the amount you come up with, you can
sign up for a Premium Membership right now and have
instant access to the Real Estate Investing Quick Start
Video for just ONE DOLLAR!

I want this now! > http://dodeals.com/go.php?l=oneB

Now that ought to put a smile on your face while you
get on with whatever you got planned for today and
tonight.

Just don’t forget to click any of the links in this email and
get your Premium Membership now.

Happy New Year folks!

To happiness!

Marvin Mai

Get your deals at

Watch us every morning at 8am Central

Add us

Follow us

It actually ranks third on a top 10 list put together by the
Associated Press:

“Foreclosures head higher: Home foreclosures top
4 million, as more people lose their jobs and can’t afford
to pay their mortgages. As a result, increasing numbers of
people with fixed-rate loans and good credit are losing their
homes. By the end of the year, a record 14 percent of
homeowners with a mortgage are either behind or in
foreclosure.”

Unsurprising, considering the national housing market
meltdown, as well as the alarming unemployment rate
that continues to sweep the nation.

Perhaps the only silver lining is that the economy’s fall (and
rebound) is number one on the list, which means that hopefully
we can continue the upward positive trend in 2010 and beyond.

If you’re in financial turmoil remember that professional
foreclosure consultants can be reached right here. It’s
free help.

On the flip side, be sure to search Foreclosure.com today if
you’re in the market to purchase a foreclosed home in your
area. It’s FREE for seven days.

*************************************************************
When Is the Right Time To Buy A Home?

This year Santa delivered a flat screen television. While
speaking with a colleague about the purchase of electronics,
we couldn’t but help reflect on how a few years ago the same
type of television would have cost almost double.

I realized the same now holds true with houses.

When the economy was “juiced” and the height of the market
was upon us, items such as homes, cars and electronics were
priced at their premiums. Now if you know where to look and
you do your homework you can find some pretty awesome
deals. The key is knowing what exactly it is you want. Then
you need to do your homework and opportunities will present
themselves.

We are getting ready to launch our “Investment Exchange”
newsletter for 2010. We decided to focus on the different steps
to finding that nugget of gold as a personal residence or
investment property. Every day we are getting new properties
on the site and as I watch my personal alert notification of the
latest deals in the areas of the country I am interested in investing
in I get pretty excited.

The prices are right — 2010 is going to be a great year. Just do
your research and use the money you save to hang a nice flat
screen in your living room!

*************************************************************
Americans Seek Silver Lining In 2010

The bank account is thin, but the future looks pretty good.

That, oddly enough, is the view of many Americans who predict
2010 will be a better year than this one, even if they fear that the
U.S. economy and their own financial circumstances won’t
improve.

A whopping 82 percent are optimistic about what the new year
will bring for their families, according to the latest AP-GfK poll.
That sunny outlook seems at odds with other findings.

Nearly two-thirds think their family finances will worsen or stay
about the same next year. And fewer than half think the nation’s
economy will improve in 2010, even though Americans rated
2009 as a huge downer.

Mari Flanigan of South Milwaukee, Wis., is one of those who
feel fairly optimistic that things will go better at a personal level
in 2010 even though her financial situation might grow worse.

Flanigan, 36, is unemployed after selling a family business that
faced increasing competition.

“Financially, I’m scared,” she said in an interview.

Rather than seek new work, however, she is thinking of returning
to school to become a social worker. “I’d rather make less money
and do something I love,” Flanigan said, noting that happiness
and optimism are not strictly tied to finances.

The poll found that nearly three-fourths of Americans think 2009
was a bad year for the country, which was rocked by job losses,
home foreclosures and economic sickness. Forty-two percent
rated it “very bad.”

That’s clearly worse than in 2006, the last time a similar poll was
taken. The survey that year found that 58 percent of Americans
felt the nation had suffered a bad year, and 39 percent considered
it a good year.

Fewer than half as many people, 16 percent, said their family had
a “very good year” in 2009 as said that in 2006.

Behind the gloominess, however, are more hopeful views that
seem to reflect Americans’ traditional optimism or, perhaps,
wishful thinking.

Yesterday we opened the gates and let people in
on a DoDeals Premium Membership for $1…

…Now we’re up to our eyelids in one dollars and
Premium Members.

You might just be the only person left without this
exclusive privilege.

Sign me up now! > http://dodeals.com/go.php?l=oneB

Well, the overwhelming response was sort of
expected - and for some good reasons.

1. DoDeals.com is your #1 source of motivated
seller and qualified buyer leads. As a Premium
member, you have access to both. No more hunting
for deals and marketing for buyers. With a Premium
Membership, you just have to put 2 and 2 together.

2. Premium Membership allows you exclusive access
to cool and useful real estate investing tools such as
our f’r'e’e Home Value Estimator which gives you
amazingly accurate value estimates comparable even
to the MLS and the Rehab Estimator Tool that
automatically crunches numbers for you so you know
how much you need for your rehabs.

3. With a DoDeals Premium Membership, you don’t
just have access to leads and tools, we’ll also show you
how to go about your deals with our wide database of
training and content videos showing you the best ways
and the easiest ways to close your deals. These alone
are worth thousands from other sites, but with a Premium
Membership, you get these all in.

4. Premium Members also get regular email updates
on what’s hot and what’s not in the real estate investing
market. Tim Mai is one of the few gurus who’s actually
and regularly doing deals so he’s totally in the loop with
current strategies and under the radar tactics on getting
the most out of your deals.

5. We also have weekly webinars with Tim and other
real estate experts who share their valuable knowledge
and unparallelled experience in “in-the-trenches” investing.
DoDeals Premium Members get exclusive invites to these
special events and thus have the advantage of learning
what the experts know.

Sign me up now! > http://dodeals.com/go.php?l=oneB

Let me ask you this…

…If you were standing in front of a wall and you knew that
total financial freedom is right on the other side, what will
you do and what will you give to go over that wall?

If you’re going over the wall the Premium Membership way,
you won’t have to go very far or give a lot…

…You just got to click any of these links and it’ll just cost
you a dollar.

Sign me up now! > http://dodeals.com/go.php?l=oneB

To happiness!

Marvin Mai

Get your deals at

Watch us every morning at 8am Central

Add us

Follow us

U.S. home prices rose for the fifth month in a row in October,
but the recovery continues to be uneven with only 11 of the 20
metro areas tracked showing gains.

The Standard & Poor’s/Case-Shiller home price index released
Tuesday edged up 0.4 percent to a seasonally adjusted reading
of 145.36 in October from September. Without adjusting for
seasonal factors the index was flat from September.

The index was off 7.3 percent from October last year, nearly
matching expectations of economists surveyed by Thomson
Reuters. Many economists, however, are predicting a double
dip in prices this winter as foreclosures increase and
government support wanes.

“I’d be very surprised if we don’t go below the lows we hit this
year,” Dean Baker, co-director of the Center for Economic and
Policy Research, a left-leaning Washington think tank. “We still
have a very glutted housing market.”

The index is now up 3.4 percent from its bottom in May, but still
almost 30 percent below its peak in April 2006.

*******************************************************************
Is It Time To Change Home Appraisal Practices?

Question: Devaluing an already devalued market by including
short sales and foreclosures when appraising property has not
helped the already volatile real-estate market. Do services like
Zillow’s take the sales price of short sales and foreclosures into
account when they assess a neighborhood? Do you foresee the
appraisal standard changing in the near future to give less
weight to the short sales and foreclosures that continue to hurt
the value of other homes for sale? M.S.

Answer: Sellers, especially builders, are screaming bloody murder
about using distress sales as comparables when determining
valuations, especially when appraisers do not gain access to
those properties.

Often, foreclosures are sold “as is,” which has become a
euphemism for destroyed. The pipes are ripped out, the
cabinets are removed, sometimes even the doors, hinges
and switch plates are nowhere to be found. Houses in such
condition are hardly comparable to the often pristine places
put on the market by people who are current on their house
payments, yet that’s what appraisers are using because they
can’t or won’t go inside.

Short-sale properties that are sold for less than what is owed
aren’t usually in such bad shape, often because they’re still
occupied. But people tend to defer maintenance and forego
repairs before they allow their house payments to fall into
arrears. Not saying that all short-sales are dogs, but they’ve
probably seen better days.

Unfortunately, I don’t see this changing anytime soon.
Consequently, if I was a seller, I’d want to make sure the
appraiser assigned by the buyer’s lender was using real live,
lived-in properties as his comps.

*******************************************************************
Two Indicted In Straw Buyer Scam

Dema Daiga, 28, College Park, Maryland, and Oluseun
Oshosanya, 29, Laurel, Maryland, have been indicted for
wire fraud and aggravated identity theft arising from a
scheme to defraud a mortgage lending company of
approximately $664,493.

According to the 12 count indictment, Daiga worked at
times as a mortgage loan broker and had assisted with
property appraisals. Oshosanya also worked in the mortgage
lending field. From August to December 16, 2008, the
defendants allegedly recruited straw purchasers to apply for
mortgages. These straw purchasers lacked the income and
assets to qualify as borrowers or make the monthly mortgage
payments. The defendants allegedly: filled out mortgage loan
applications on behalf of the straw purchasers with false
information about the straw purchasers’ employment histories,
earnings and assets; provided telephone numbers that were
under their control to any person calling to confirm the false
information regarding the straw purchaser’s employment and
earnings; generated fake monthly bank account statements to
make it appear that the straw purchasers had sufficient assets
to make the down payments, when instead, the defendants paid
the down payments; on at least two occasions, used stolen
information about another person’s identity to apply for mortgage
loans; caused appraisals to be performed that inflated the
property values; and instructed the title companies to send a
substantial part of the loan proceeds to the defendants, or to
businesses that they controlled.

Five of six Baltimore, Maryland properties purchased under this
scheme swiftly went into default, resulting in a loss to a Beltsville
mortgage lending company of approximately $664,493.

Both defendants face a maximum sentence of 20 years in prison
and a $250,000 fine for wire fraud; and a mandatory minimum
sentence of two years in prison for aggravated identity theft in
addition to any sentence imposed for the wire fraud.

As we look forward to starting a new year, there
is one thing I want you to think about…

…Is 2010 going to be your best year ever?

…Or will it just be another year just like any other?

You decide - And the decision starts with taking action.

We’ll talk about this today at Happy Hour TV.

Go here to join us > http://dodeals.com/go.php?l=HHTV&e={EMAIL}

Make sure you tune in.

See yah in a bit.

To happiness!

Marvin Mai

Get your deals at

Watch us every morning at 8am Central

Add us

Follow us

The consensus of economic forecasters expects 2010 to be a
year of modest economic growth — almost 3% — much better
than the previous two years. But that’s not good enough to bring
unemployment — the greatest continuing threat to the economy
– close to pre-recession levels.

The consensus is almost always wrong in some respect; the
question is in which respects the economy will surprise us. A
lot rides on how much hiring employers do. Here are three of
the other big variables.

Business investment is primed to rebound. Will it?

The pullback from consumers spooked by an economic downturn
spurred an even sharper withdrawal by businesses. Capital
spending tumbled during the recession more than it had at any
time since the Great Depression. That means it has plenty of
room to recover, if businesses can grow more confident.

Business balance sheets overall look promising. Corporate profits
are up, the cost of capital is down and productivity is strong.

Firms have plenty of funds to finance investments, from machinery
to software. The corporate financing gap, a reflection of how much
firms must raise externally, hit a negative $189 billion in the third
quarter from a negative $153 billion in the April-June period,
according to Federal Reserve data. A negative financing gap
means companies have the funds in house to support their
capital expenditures.

“Unlike the household sector, the corporate sector is in excellent
fiscal condition,” says Robert Barbera, chief economist at
Investment Technology Group Inc., a brokerage and financial
technology firm. Businesses are “wildly generating more money
than they’re using to invest.”

A sustained rebound in capital expenditures can’t occur without a
modest improvement in consumer spending. But pent-up demand
by businesses, after slashing expenditures sharply in the past year,
could prove critical in giving the economy the velocity it needs to
recover.

*************************************************************
Mortgage Rates Reach Highest Level In 2 Months

The average fixed-rate for a 30-year mortgage climbed above
5 percent for the first time in two months, leading to a decline in
mortgage applications.

The average fixed rate on a 30-year mortgage was 5.05 percent
this week, up from 4.94 percent last week, Freddie Mac said
Thursday. The last time rates were above 5 percent was the
week ending Oct. 29, when they were 5.03 percent.

Mortgage rates have risen since they hit a record low of 4.71
percent the week of Dec. 3. They are closely tied to yields on
long-term government debt, which have gone up since then.

Higher rates usually lead to a decrease in loan applications to
purchase or refinance a home. Mortgage applications for
purchases fell nearly 12 percent last week compared with the
previous week, while refinance applications dropped 10 percent,
the Mortgage Bankers Association said Wednesday.

A Federal Reserve program to buy $1.25 trillion in mortgage-
backed securities has kept rates on 30-year mortgages around
5 percent this year. The program, designed to make home
buying more affordable, is set to end next spring.

*************************************************************
CitiMortgage Postpones Foreclosures and Evictions Until
January 17, 2010

CitiMortgage stated that it would postpone foreclosures and
evictions until January 17, 2010 for homeowners, which gives
them the holidays to enjoy with friends and family without worry.

The postponement of foreclosures and evictions for the holidays
comes off the heels of a report on the home loan mortgage
modification showing the results for top lenders, like CitiMortgage,
in their participation with the Making Home Affordable Program.

CitiMortgage is one of the top lenders in the program with 43%
of its borrowers either in a trial modification period or in a
permanent home loan modification.

Many are viewing this new move by CitiMortgage as a fantastic
public relations move, and more so, simply a compassionate act
by the lender to allow families to keep from worrying about the
loss of their homes, moving, and seeking out a new residence
over the holidays.

While CitiMortgage is far from the perfect institution, they are,
however, giving homeowners extra time to make other
arrangements and giving them some peace-of-mind, which
is right in line with the Christmas spirit.

CitiMortgage’s postponement of foreclosures and evictions is
a business practice that other lenders might want to take part in,
which is, realizing their borrowers are people and not just another
account number.