Do not let disputed bills go into collection. Pay (even if you think you are right), then dispute. Collection agencies screw up credit scores big time.
Mortgage Solutions For You
A short sale is a sale of real estate in which the proceeds from the selling of the property will fall short of the balance of the debts. When values of the real estate properties dropped for less than the loan amount, many borrowers tried to modify their mortgages while still living in the property. Those who did not succeed and/or wanted to move out could sell their homes and condos by finding buyers who would purchase their property for less after the real estate agents negotiated with the lenders to accept a sales price of equal or less than the loan amount in order to avoid foreclosure. Short Sales were very popular for a while. Now, when property values started to recoup, the picture has changed. At the same time, lenders (or the government controlled secondary markets) are changing guidelines. Buyers who had short sales will have to wait longer (for foreclosures–7 years).
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Don’t Forget to Attend Our August MeetUP Event!
 Date: Thursday: August 7, 2014 |
Wisdom of The Day
If love is associated with Spring, then loving someone brings Spring in one’s life all year round.
Tip of The Day
Always pay credit card bills on time, even if you need to borrow to pay down the minimum payment.
MeetUP with Manny: August Event
Meet up with Manny and his friends for a night of sharing common interests and ideas. You will have the opportunity to meet people with common real estate interests who own or want to buy commercial or apartment buildings, share, or address any ideas and concerns.
Dr. Larry Souza and Irma Quinones will answer questions on the local real estate markets, economy and employment; and risk and investment strategies and products targeted toward commercial, residential and mortgage finance real estate professionals, their firms, prospects and clients. This is a great opportunity to interact with two of the most highly respected professionals in real estate economics, academics, commercial real estate advisory; and insurance and financial products, and tax and trust structures to build, protect and distribute real estate based wealth.
Date: Thursday: August 7, 2014
Address: 33 Arroyo Drive, South San Francisco, CA 94080
Time: 6:30pm to 8:30pm
RSVP on Meetup.com OR Facebook OR email Ausra@Pacbay.net:
See you there!
Cheers,
Wisdom of The Day
You have a lot of love in your heart. Share it.
Tip of The Day
Never close your open credit card accounts, even if they have zero balance. This will improve your credit score!
WIsdom of The Day
If you are not planning to give away, then why accumulate?
Tip Of The Day
Never close any open credit card accounts—even if they have ZERO balance. Your credit score will thank you for it.
How To Have Vacations
“To have abundance…BE abundant.”
Summer is here. People tend to plan their vacations when their kids are out of school or when the weather is more agreeable in other parts of the world. Recently, I met an old friend who is also in the mortgage business, but with a different company. She told me that she cannot stand the negativity in her office that is generated by the luck of the business. Hearing that, I boasted that I had the completely opposite experience. I work with many clients whom I am help with their mortgages.
Then we switched the subject to my trips to Cuba, where my family and I vacationed twice last year. She heard about our journey from a mutual friend, who told her that she had joined us on the trip after seeing my photo images. (You can see some of them in my book Soy Cubano.)
And then she asked the question—“How can you do that?” What she meant was—how can I help many clients, manage the company, write three books, write weekly emails, enjoy life, AND take many vacations? When I told her that the answer was in my first book, “The Mortgage Game: The 5 C’s and How to Connect Them”, her reaction surprised me.
“I have to read your book to know how I can do that? You probably just want me to come work for you.”
I said, “You don’t have to work for me to know this. Read the book because in it I write that in life before one can do anything, you need to become someone and this process takes time.”
But first comes the wish—“I wish I can do whatever I want.”
So how do my wife Elfa and I do that? We plan our vacations far in advance. In August, we will stay for a week at the very first timeshare we purchased, in Arnold, CA, located in the Sierras. In December, we plan to go to Cancun, Mexico. On these vacations, I use the time to unwind, to write, and of course to photograph.
This year is financially challenging for our business. As a result, I have to spend more time in the office. But, I see this as an opportunity to start rebuilding the company and create a new reality, which does not depend on fluctuating interest rates. We are focusing more on commercial loans, which requires more of my time. During the year, when we take short trips, we usually go to The Sea Ranch, where we are planning to go for a weekend with friends at the end of July.
Last year, we took a spontaneous trip to Italy, when my wife Elfa, to her disbelief, received a timeshare exchange for a week in Florence (who knows…there might be some surprise this year as well). As Jesus pointed out:
“For everyone who has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken from him” (Matthew 25:29).
P.S.
There was an interesting article about Firenze (Florence) in the Departure magazine. I wish I read it last year before our trip. As you probably have noticed, I like to photograph people on my travels to various destinations. Here, you can see a musician I captured in Florence, a gentleman in Paris, a motorcyclist in Kauai, and policemen in Cabo San Lucas, Mexico. More photos can be found in my previous GOOD NEWS FROM DR. MANNY.
Do Not Keep Me As A Secret!
Smile And Please SHARE It With A Friend!
Cheers,