Google Base - Googles answer to Craigslist!

PDXWebMedia: Google Base - Googles answer to Craigslist!

A recent post at my PDXWebMedia.com blog, indicating the new online marketing tools and how to use them for profit and marketing your business.

Google's newest offerings will be one of the last opportunities on the internet "gold rush."

Ed Bisquera

The Bob Page.

The Bob Page.

Definitely an interesting Podcast about freelancing. Since I've worked most of my adult life as a freelancer, I understand and appreciate a podcast about the world of freelancing.

Maybe this will help the PDXLoan.com site, in continuing to keep me in the "freelancing" seeking work and prospects mode.

Thanks for the blog guys!

Ed

Easing Your Way Into Home Ownership

Easing Your Way Into Homeownership: Low Down Payment Mortgages
By Troy Swezey

A Guide To Low Down Payment Mortgage Programs
There’s no question about it: Buying a first home is a big financial commitment. In most cases, a home is the largest single purchase an individual or family will make in a lifetime. However, because of the tax advantages afforded to homeowners, buying a home also can be one of the best financial decisions you’ll ever make.

Problem is, many would-be homeowners remain renters simply because they mistakenly believe mortgage lenders require that buyers come up with 20 percent of the purchase price as a down payment. While it’s true lenders feel it’s less risky to work with buyers who are able to bring a substantial down payment to the table, the standard 20 percent requirement is fast becoming a relic of the past. In recent years, lenders have become more flexible in working with first-time homebuyers by creating a variety of special programs that require only a small down payment. These programs, combined with the most favorable interest rates in two decades, have encouraged growing numbers of renters to consider the tremendous benefits of home ownership.

While the list of programs offered by individual lenders is too extensive to mention in detail, here are some common programs you are likely to come across as you work with your real estate agent to purchase your first home:

Federal Housing Administration (FHA): FHS mortgages allow homebuyers to purchase a home with as little as a 5 percent down payment, and to finance all non-recurring closing costs. The current maximum loan amount in most urban markets is $151,725. In addition, borrowers are allowed to use up to 41 percent of their gross income toward paying mortgage debt – well above the ratio allowed under most private programs.

Department of Veterans Affairs (VA): VA mortgages allow veteran or active service personnel purchase home with no down payment, up to the current maximum price of $184.000. However, there is no purchase price limitation for buyers able to make a down payment. Like the FHA program, VA borrowers can put up to 41 percent of gross income toward their mortgage debt.

Mortgage Revenue Bonds and Mortgage Credit Certificates: Mortgages funded with these instruments typically require a minimum of 5 percent down and have interest rates that are 1.5 to 2 percentage points below conventional 30-year fixed rates. These types of loans, offered by state and local housing agencies, are available only to first-time homebuyers. There generally are income and purchase price caps that vary, depending on where you plan to buy.

Private Mortgage Insurance: Most major lenders offer privately insured mortgages, which generally require a 10 percent down payment (although some lenders offer loans with a 5 percent down payment to buyers with exceptional credit). These loans typically are not limited by maximum loan amount or purchase price limitation.

Community Homebuyer Program: Through their networks of mortgage lenders, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) offer Community Homebuyer Program loans. These programs require a 5 percent down payment, 3 percent of which may be a gift. To further help buyers qualify, applicants may use 38 percent of their gross income. Currently, the maximum loan amount available through these programs is $203,150.

Clearly, there are a lot of options for first-time homebuyers. While lenders will be more than happy to share information about their own programs, you can save yourself a good deal of time by first selecting a professional real estate agent who is experienced in working with first-time buyers in the areas where you plan to buy.

An agent who focuses on first-time buyers will know from experience which lenders in your area offer a low down payment program that will meet your unique Today, taking the first step toward owning your own home is easier than before. Your real estate agent is your best resource for finding innovative ways to help you come up with a down payment and qualify for financing. There’s certainly no need to wait until you’ve saved a 20 percent down payment!

Adjustable Rate Mortgages Offer Alternatives For Home Buyers

Adjustable Rate Mortgages Offer Alternatives For Home Buyers

What kind of rates should a home buyer look for?
When looking for a mortgage to meet your needs, consider these key questions: Is your income expected to increase in the coming years? How long do you plan to live in your new home? And, which mortgage will provide the lowest interest rate?

While 15 or 30 year fixed-rate mortgages are the most popular, and Adjustable Rate Mortgage (ARM) offers some interesting alternatives for home shoppers who plan to move again within four or five years. Although interest rates are the lowest they’ve been in 20 years, an ARM provides even lower interest rates during its introductory period.

An Adjustable Rate Mortgage is a home loan with an interest rate that fluctuations with market interest rates. Instead of paying the same rate of interest over the life of the loan, as you would with a fixed-rate mortgage, you usually pay a lower interest rate the first four or five years. Your interest rate then changes in accordance with certain rate indexes.

However, ARMS come with maximum caps on how much the interest rate can increase in a single period (usually a year) and how high the rate can go during the entire life of the loan. Usually, the overall maximum cap is six percentage points, and the annual cap is two points


About The Author:
Troy Swezey is the author of “EASING YOUR WAY INTO HOMEOWNERSHIP: A GUIDE TO LOW DOWN PAYMENT MORTGAGE PROGRAMS." As a Realtor at Century 21 Paul & Associates, he has helped many individuals with their real estate needs. Visit his web site to download his free e-book, “REAL ESTATE SECRETS EXPOSED.” TroyIsMyRealtor.com or mail to: TroyC21@usa.net

Your Dream House Can Be A Reality

[Editor's note: Here's another reference of the flexible mortgage option offered by Money Principal Group. This is about a Canadian option...]

Your Dream House Can Be A Reality

It takes a little planning and some patience, but it can come true.
While the actual dream may differ—a house with a big back yard for gardening, or a condo in the sky with a great view of the city—buying any home can be an important step for couples building a life together, or for singles looking for a bit of security. Home ownership often represents the largest investment in their lives, leaving some first-time buyers asking "where do I begin?"

The best starting point is with your finances. Before you scour through listings or attend open houses, consider advice from your financial planner or banking consultant to determine how much you can borrow and what options are available to you.

A major stumbling block for many first-time buyers is the down payment. Even though you might feel ready to juggle a mortgage payment and other monthly bills, your savings account might not be enough to secure your new home.

Your financial planner can help you find additional sources of cash, including your RRSP, or provincial savings programs such as the Ontario Home Ownership Savings Plan. Since conventional mortgages require a minimum of a 25 per cent down payment, many new homebuyers opt for a high-ratio mortgage, where they pay a lower percentage of the purchase price.

One unique financing option, enjoyed in Australia and the UK is the flexible mortgage account. Combining the homeowner's mortgage, loans and chequing and savings accounts, it results in lower interest charges and considerable savings in interest costs. Flexible mortgage accounts differ from other debt consolidation products in the way they put the homeowner's income to work.

Every time the homeowner's income is deposited to the account, it is applied against the outstanding balance of their mortgage until it is needed for bills and other expenses. Over the years, this flow of income through the account can save thousands of dollars in interest cost and pay off the mortgage years sooner than traditionally possible.

Flexible mortgages are popular in Australia, where approximately one-third of all new home loans are set up this way. In Canada, Manulife Bank is the first financial institution to offer such a product—called Manulife One.

[This is called The Mortgage Eliminator, our version in the US. Contact me for more information. Ed or visit PDXLoan.com]

Headhunter firm hires my brother for bookkeeping...The Pacific Firm - The intelligent recruiting solution.

HAPPY THANKSGIVING TO ALL!

My brother Andre just visited for Thanksgiving. He's a freewheeling, snow-boarding, U of W Huskies Graduate in Accounting and now is living in Oakland, working for a headhunting firm The Pacific Firm and also a medical firm, Gameready. Watch for this company (Gameready) to make big news! Maybe perhaps a public offering? One could only hope... ;-)

Andre's also a big avid poker fan (as am I) and we both love Texas Hold 'Em especially! He informed me he just placed in the top 3 for the last 2 tournaments he was in, in Reno.

Me? I only placed 1st out of the last 3 tournaments I've played in. Only local games for me; soon though the WSOP, baby! ;-)

Ok, enough of this personal post. Back to turkey and pumpkin cheesecake leftovers...

Web audio commercial for PDXLoan.com/first.html Page

The audio file for one of my first audio postings at my PDXLoan.com/first.html page.

It shows my attempt at embedding streaming audio into a web page, using my free software resource that I developed for another project.

That site is TheWebAudioKit.com and is part of the PDXWebMedia.com family of sites.

The music incidentally is off my previously release album Window To The World and the cut used is entitled "Leading Me Home."

Okay, back to more writing and creating better marketing materials, blog material, podcasts, and a new presentation to explain The Mortgage Eliminator.

Ed

New front page to PDXLoan.com

I took some of the early feedback and designed a landing page for my website.

I think it identifies my market better and invites the visitor to enter the "portal" or page that represents them.

The Mortgage El!minator Concept is going to be home-run with consumers. But just getting the idea understood and creating an easy to understand presentation is the key.

I mean, I like Money Principal Group and the program. I still feel their's is best in the industry and with their experience and software, they are destined to be one of the early market leaders.

But the presentation is still WAY TOO long and over the heads of most of the prospects and consumers I speak to. My success has been to develop relationships with prospects, many of whom now are just willing to break out of the old mortgage paradigm of paying the old way. And that takes time...

Now many I've talked to over the last month, are more willing to take a chance to look into getting a financial analysis done, to determine how long it will take to pay off their mortgage.

But with such a new concept and us being relatively new players in the mortgage game, there is still a long way to go.

C'mon, if it's easier for me to demonstrate the concept by using CMG's website, than I'm going to have to look at what tools I need to create to pump up Money Principal Group's products. See, once you figure out everything Money Principal has to offer product-wise, it's clear who the winner is.

But I'm creating my own tools and that is a big part of my time spent, in determining how to reach, educate and target my market.

It's going to be a long road... ;-)

ODEO oh ODEO...where for art thou?

Okay, so I sent a message to Odeo.com recently (these are the folks that are going to make Podcasting easy for the masses, or so I heard at the Podcasting Expo).

My new idea (well not new, I drafted a business plan and concept outline about 3 months ago) is to produce a Podcast about Real Estate Investing and Finance Tips for Women.

My original title was "Finance and Real Estate Investing Tips for The Desperate Housewife!" ==> (an homage to the ABC show Desperate Housewives, Sundays 9 PM.)

Girlfriend didn't like it too much; most of the guys I talked to thought it was interesting.

Anyway, I think that the title aside, I have a pretty good idea and target market.

And no...I'm most likely NOT going to be one of the "on-air" voice personalities...I'd like to do it as a guest, but if I'm going to produce a Podcast for women, most likely I'll have a women or two host and provide the talent.

And no...I don't think women who want to learn about real estate or finances or who are in real estate (realtors, loan officers, etc) are desperate housewives. Uh, really, it's a cheap attempt to leverage off the popularity of the ABC show "Desperate Housewives." Please, don't think that no one else has thought of it before! :=)

Ok, Odeo.com, will you let me get my grubby little hands on your publishing tools?! Thanks!

Ed

Mortgage Fraud Reports

Mortgagefraudblog.com information. Great site that documents and reports on fraud exisiting and to watch for in the mortgage industry.

Ed

MortgageFraudBlog.com

Need to get a hold of me? New toll-free number available

1-800-862-0784 ext 0

Please use this number to get a hold of me. A new cell phone number will be acquired in the next few days.

Thanks for your patience!

Ed

It's interesting...the feedback we're getting on the new PDXLoan.com site... :-)

I'm inviting people to review and critique the new site and the new ebook/report I created.

Please, any comments good bad OR ugly are welcome.

I'm wanting to improve everything, so any help is appreciated.

Thanks,

Ed

P.S. I'm busy working on getting more press and publicity for The Mortgage EliminatOR and I'm still working on the back office for PDXLoan.com Can't wait till it's all done!

Hey, it's done. I just finished writing a book about The Mortgage EliminatOR

I just finished my ebook and reports at my website.

Read about how The Mortgage EliminatOR program will revolutionize the mortgage market.

The concept is based upon Mortgage Cycling, a concept I describe in earlier posts.

I'm pretty tired from spending the last days writing 3 full reports, but I think it will be helpful to those wanting to learn how to get a new type of loan, that they can pay off quicker than traditional loans.

My new ebook is entitled "How to pay off your mortgage in 7 years or less…with a little known program revealed from New Zealand!"

The founder of Money Principal Group is from New Zealand, and also the program that the mortgage concept is based on was first brought to market in New Zealand and Australia.

Read more about it by clicking on the link above or PDXLoan.com

Thanks!

Ed

Article on home mortgage paydown concept

Here's an article about the mortgage paydown concept that we offer at Money Principal Group.

By the way, it was written about the product CMG Mortgage offers. What's the difference bewteen what CMG offers and what is in Money Principal Group?

You can find out more by visiting our website, PDXLoan.com and requesting our free report.

Ed

Here's a letter from the founder of Money Principal Group

Click above to see what the founder says in an open letter to web visitors.

This is a follow-up to my article, located below
"How to pay off your loan in as little as 7 years!

Are you interested in saving hundreds of thousands of dollars ininterest?

Learn about the unique program offered by Money Principal Group and how homeowners are learning to save interest on their home loan.Many of our homeowners are on track to pay off their mortgage in one-half to one-third the time of a 30 year mortgage.

Isn't time you took 15 minutes and see if you qualify for The Mortgage EliminatOR?

Call me at (360) 513-8787 or email me at edbisquera@comcast.net

Ed Bisquera

How to pay your loan off in as little as 7-12 years

Yes, it's possible to pay off your home mortgage loan, in as little as 7 years. And it works with most popular loan programs, fixed or ARM loans, etc. A new program and product has been introduced to the American public, that will enable home owners to change from a nation that is constantly in debt, to home ownes that are debt free and have the financial flexibility and freedom, which before seemed unreachable.

Are you willing to change your approach to how you bank, pay your mortgage and other bills, in order to free yourself of your home mortgage loan?

Sometimes in history, we've learned that there are times when a new idea or new solution to an old problem, takes the world by storm. Something new in the way mortgages are paid, has arrived to the United States in the past couple of years (approximately in the last 2 years, I believe. Correct stats will be posted after a interview with one of the vice presidents of this company) and it's going to revolutionize the way homeowners pay off their mortgage.

Do you know what it's like to discover a trend in the making? Would you have wanted to be on the forefront of a major trend and taken advantage of it at its' infancy, while it was still easy to get in? Think about most industries and I think you can come up with a few products and innovations that you or I wished we could have thought of or at least been a part of from the beginning. Who knew that selling a collection of Pez Dispensers, would turn into what we know as eBay today?

Let me get straight to the point; a method or perhaps more correctly, a set of tools, software and loan products have been combined to offer the homeowner, first-timer or current homeowner, a way to pay off their mortgage in as little as 7 years (average time; results may vary, depending upon your financial analysis).

ALL WITHOUT HAVING TO CHANGE YOUR SPENDING HABITS OR MAKING ANY DRASTIC CHANGES TO YOUR MONTHLY MORTGAGE PAYMENT.

I'm sorry to be shouting, but I'm so excited about what Money Principal Group is offering, that I can't contain myself.

You see, they have adopted a strategy of paying off a mortgage, that allows the consumer (you, the homeowner) to be your own bank, by paying your mortgage payment out of one account, a "Master" account, that all your income comes into and whereby expenses are paid out from it. Sounds confusing? It was to me at first, but my colleague Tim Shupe at Money Principal Group sat down and explained it to me. And boy, did it make sense to me. 'Reduce the amount of principal on a home loan faster than normal and create equity 10, 20, 30 times faster? Sign me up!' I told him.

I could share with you what he told me, but he's done such a good job of describing it, that I think I'll let him tell you. You'll hear about secrets the banks and mortgage companies don't want you to know and how to accumulate wealth quickly through the paying down of your home mortgage.

In fact, he's got a web site here at MoneyPrincipal.com, that explains the concept in a brief manner and The Mortgage EliminatOR. When you click on the link, a new window will open and you can check out what the strategy is.

Incidentally, this strategy or concept comes to us Americans, by way of the Aussies down under. Yes, in Australia, among the Koala Bears and Kangaroos, they have home owners, over A THIRD of the country in fact, that use this strategy everyday, that enables them to "Be Their Own Bank," and pay down their mortgage, increase their wealth, in as little as 7 years.

I hope you see that whether you are a homeowner looking to refinance anyway, than this program may be for you. It's certainly not for everyone, and not all applicants are approved. If you are in process of looking to refinance, enter your email in my sign up box to the right of this posting and you'll get on our email list, where you'll be emailed information about how to apply.

If you are a first-time home buyer, you are positioned to benefit from The Mortgage EliminatOR program as well. It doesn't matter if you're shopping around. I invite you to allow PDXLoan.com, to review your other offers from other mortgage companies or banks, and you can contact us for a no-obligations, 100% guaranteed 2nd Opinion on your loan offer you received from another company. We'll take your information and perform a complete financial anaylsis and determine which loan is right for you. Our loan options or one you've already shopped for. You simply look at the result and decide for yourself which is best.

Just sign up on our email contact form and we'll contact you shortly about getting started.

There has never been a better time to get started in a program to pay down your mortgage quickly. With rising housing costs and the amount of mortgages stretching household budgets, it's time you take a look at a new program that will help you attain freedom from your home mortgage payment and that will show you how to pay off your mortgage quickly, no matter what type of home loan you're looking for.

by Ed Bisquera
Loan Consultant &
Editor | Producer for blogs+Podcasts at PDXWebMedia.com and PDXLoan.com

Here's my first test audioblog

I decided to try a service at Audioblogger.com where you can call in and record a message via phone and it will immediately post to your blogger blog.

And if you choose to use Feedburner.com to manage your blog feed, Feedburner will automatically create the right feed for you, in addition to a creating a Podcast at the same time, readable by iTunes and any other Podcast catching reader.

If you want to know more on how to do this yourself, visit my other blog PDXWebMedia.blogspot.com for more information. Now click below and listen!

Ed Bisquera