3404 26th Ave NE

Amazing Investment Opportunity!

Great house close to town. 3 bedroom and 2 bath and 922 square feet. Great for rental or to live in. Large front and back yard - .27 acres total. Home features hardwood floors, vaulted ceilings, hardi-plank siding. House needs work and TLC but the house is at a great price!

$165,000

MLS#28177390

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Foreclosures: How to Buy Them

In the past, some of the most successful business people's investment careers took off when the economy was in "financial crisis." They took advantage of stocks and real estate when it was on sale. The wealthiest people in the world ALL have real estate in their portfolios. They have learned how to use their assets to buy other assets and making their money work for them.

Foreclosures are a great opportunity for investors because now more than ever is the time to invest in real estate. But there is a strategy to it. You must have a plan that includes a starting point and an ending point but most of all action steps in between. Are you interested in learning how to buy a foreclosure and get your money to start working for you?

Join me at a FREE class

Tuesday, October 21, 2008 at 4:30 pm

"How to Evaluate and Buy Foreclosure Properties with Confidence!"

Speaker: Cambria Miller

Location: RE/MAX Four Seasons

3009 Pacific Ave Ste 200

Olympia WA 98501

Bail Out Bond

"I'm always making a comeback but nobody ever tells me where I've been." Billie Holiday. Making a comeback was exactly what Bonds and home loan rates attempted last week, after approaching some of their worst levels this year.
While the Bond market was closed last Monday in Observance of Columbus Day, the early part of the week wasn't short of market-impacting news. On Tuesday, the Bush Administration, including Treasury Secretary Henry Paulson, Federal Chairman Ben Bernanke, and FDIC Chairman Sheila Bair announced a plan to use $250 billion of the $700 billion financial rescue bill recently passed by Congress to buy directly into American banks. The government will begin by buying stock in nine of the largest banks including Bank of America, JPMorgan Chase, and Citigroup.

Why did the government do this? Because the financial crisis is due to over-leverage...that means the ratio of outstanding loans to capital is too high. If left unchecked, this can lead to the failure of institutions. And it has already taken a great toll. The only way to repair this is by reducing the leverage ratio, or "de-leveraging". That means sell off loans or increase capital. The Fed's plan helps this on both sides as they can be a buyer of some loans as well as an investor in some banks.

Another result of the current financial crisis is that economic reports are taking a back seat to market dynamics in ways that have never been seen before. In the past, fund managers or institutional traders would typically contemplate which direction would best favor the market, and position their portfolio in Stocks if the outlook was favorable, or Bonds if the outlook was cloudy. So we have come to expect Bond prices to move in the opposite direction from Stock prices much of the time, as money flows out of one and into the other. But the pressure to "de-leverage" has all but removed the thought process, and forced selling of all types of securities to raise capital. And while this situation should stabilize and return to normal (which we saw some evidence of on Friday as Stocks and Bonds alternated going up and down), it is one I will continue to monitor as the weeks and months progress.

And after all the ups and downs of the week, Bonds and home loan rates did manage a comeback, ending the week a bit better than where they began.

(The Mortgage Guide - Lezley Laurel)

Money Wise Women

I had the pleasure of attending the Money Wise Women conference this weekend. This was an excellent tool for me personally and professionally. I can use this information in my personal life but most importantly I can share it with my investors and clients to help them maximize their financial independence.

Marcia Brixey, author of The Money Therapist, share five strategies to live financially healthy:
1) Get in touch with your financial situation.
2) Get out of debt.
3) Get clear about credit reports.
4) Invest automatically and regularly.
5) Determine your goals.

Number 3 is very important with my line of work. It is difficult and almost impossible to do any sort of investing in real estate if you don't have a good credit score. I have information on how to raise your credit score by 50 points in 50 days. I am happy to share more information and provide the literature that I received if you would like it. You may also go to www.moneywisewomen.net. Comment here to request more info!