Tuesday, September 22, 2009

Need Money? The Secret About Credit that Will Change Your Life.

I've found a short cut to money that you have to take a look at.In the next two minutes your going to learn something about credit that most folks will never know. It concerns the most profitable loophole in the credit reporting system.
Interested?
If you are, then please read this article written by national business credit expert Thomas Kish.
This short cut to money has changed a lot of peoples lives.

By Thomas Kish, President of CashFlowExperts.Biz ......

Almost everyone knows that a loan or credit card in your personal name gets reported to the credit bureaus. And this activity shows up on your personal credit report. The more you owe on your credit report, the lower your FICO credit score will be. And having bad credit will cost you dearly.

But - pay attention now - there is a way to get loans and credit cards that NEVER show up on your personal credit report.

And here it is...Here's how it works. When you get a business line of credit or business credit card In the name of a business, from my list of approved lenders - it will never appear on your personal credit report.

So you can get large amounts of cash and credit lines from the banks I work with everyday without worrying about hurting your personal credit. You can use this cash for anything you want to, and your assets will remain confidential.And you can start a business on paper for almost nothing. Just pick out a cool name for your new business and submit it on-line. You will have your business papers back in a few days.

Remember, no matter how much cash you take out in the name of your business, your personal credit score never drops.You can get $200,000 to $300,000 in cash and UNSECURED new business lines of credit by simply following my system. An unsecured business line of credit is the easiest short cut to getting money that you will ever find.

An unsecured business line of credit is simply a loan you get in the name of a business without having to give up any collateral.Business lines of credit come in the form of multi-year loans, convenient checks and business credit cards that offer cash advances that can be used anywhere.

The money available from a business line of credit can be accessed as cash wired directly into your account, with check writing privileges or like any other credit card with a interest free grace period.

You can use business lines of credit for so many things -
1. Real Estate investing
2. Stock market investing
3. Starting a new business
4. Growing an existing business
5. Advertising
6. Creating an internet business
7. Writing a book or a screen play
8. Ebay business opportunities
9. Investing in livestock or race horses
10. Or any other business activity you can dream of!

This is the best way most people have ever seen to get cash to buy real estate or start a business.
Because, in effect, the money is invisible. It does not show up on your personal credit report while you are using it.

Some people may think this is to good to be true. But savvy businesses have known about business lines of credit for the last 50 years.Isn't it time you learn about this EASY money source too.

Go to: https://m353.infusionsoft.com/go/sms-launch/mary

About Thomas Kish.

Thomas Kish is an author, speaker, business consultant and an active real estate investor.He is a national expert in the area of business credit and has shared the stage with best selling authors Robert Allen, Mark Victor Hansen, and Robert Kiyosaki . Tom has bought and sold 8 million dollars worth of real estate using business lines of credit instead of using his own money.And he has helped thousands of people change their lives with business lines of credit.

If you need money for your business check this out now!https://m353.infusionsoft.com/go/sms-launch/mary

Tuesday, September 15, 2009

Mortgage Debt Elimination Program

Announcing a New 90 Days to Mortgage Freedom Program!

Do you want to pay off your mortgage in as little as 3 to 6 months?
Learn about the little known Private Banking strategy to settle or cancel your mortgage to ZERO balance.

Get your FREE detailed ebook and video NOW by clicking this link:

http://tinyurl.com/q55son

By turning yourself into a public 'creditor' and truly understanding the mortgage origination process, you may be able to free yourself from mortgage debt forever. Sounds unbelievable until you know the FACTS.

Go here to find out how http://tinyurl.com/q55son

New Canadians Drive Canada's Housing Demand

As a result of stronger labour markets and mortgage product innovation, the homeownership rate rose for all immigrant groups regardless of how long they had resided in Canada.

As more immigrants transition from renting to owning, they will continue to drive housing demand, most notably in the condo market. Research has shown that immigrant homeowners are more than twice as likely to live in a condominium than their Canadian counterparts. The report also indicated that 69 per cent of immigrants who came to Canada between 2001 and 2006 settled in Toronto, Montreal and Vancouver.

Sunday, September 13, 2009

Is Canada's Commercial Real Estate Market Set for a Comeback?

As reported in Mortgage Brokers News and following dismal reports of Canada's commercial real estate market seeing a 50 per cent decline in transactions in the first half of 2009, there are signs that it may be coming back to life.

According to commercial mortgage specialists, this is a good time for purchasers with strong backing. They are seeing an increase in volume year over year. Lenders are still being "very cautious and conservative", with many of them going below appraised values for commercial buildings, the situation has improved from earlier this year. For buyers in strong positions, there are deals on industrial buildings and it appears that there is a "cautious" market coming back for hotels and plazas.

A recent story in Dow Jones also pointed to Canada's commercial market recovering. Pierre Boiron, a real estate agent, developer and co-author of "Commercial Real Estate Investing in Canada" told the news service that slowing demand, inventory peaks and price declines are pointing to the bottom of an "adjustment phase" in the commercial market that will lead into an acquisition phase. "It means that the mess is being cleaned up," Boiron told Dow Jones, also noting that the turnaround will be gradual and dependent on employment numbers.

Warmly,
Mary Wozny

Saturday, September 12, 2009

How Does Divorce Impact Your Credit?

I want to visit a topic that I'm frequently questioned on by clients. With the record high divorce rates in Canada and the United States, one should ask themselves how will a divorce impact my credit report?

A divorce decree alone will have no impact on jointly held accounts that are a part of your credit report. For joint accounts, including credit cards, car loans, home mortgages and lines of credit, you and your ex-spouse continue to have joint liability. You are both responsible, and if one of you defaults, creditors will seek payment from the other.

Just because your divorce may be finalized and you think that "finally it's all over!" the reality is that if you were a co-signer on anything with your previous spouse then you are still liable for these debts. Failure on the part of either party to make payments on time and/or pay off these debts will result in your own personal credit being potentially ruined! Often this happens and you are not even aware of it!

In going through the divorce process, ensure that any joint liabilities are reconciled and resolved, that debts have been satisfied and you have been completely removed from any further potential liability and costs from your former spouse. Think very carefully about old credit cards that may have been put in both parties names many years ago and forgotten about that could crawl out of the woodwork at some future point and harm your credit.

Check your own personal credit and FICO/Beacon Score to avoid these surprises before it's too late. It's up to you to take responsibility and proactive action to protect your personal credit. You are the only one who can.

Warmly,
Mary Wozny

Friday, September 11, 2009

Guard Your Personal Credit Bureau Like Gold!

I'm appalled! I'm so perturbed by something that I just saw that I have to write about it and warn and caution you all about this.

Your credit score is a critical piece to any financing that you are attempting to get, mortgage or otherwise. Do NOT let everyone you speak with when looking for financing pull your credit. I'll say it once again..... do NOT let multiple people pull your credit bureau!

I have someone who came to me today .... 13 months ago their credit scores were 737 and 638 and today they are 619 and 560 respectively due to sheer ignorance. Pure and simple ignornance and lack of knowledge about the repercussions of having so many people pulling their credit. They literally shot themselves in the proverbial foot and destroyed their credit at the same time.

Amazingly enough the client doesn't even recognize many of the people who have pulled their credit bureaus. I was told, "well, my husband was online looking at cars on all these sites and just entered his Social Insurance Number"....... never realizing that by doing so he was allowing them to pull his credit while he was online shopping for cars and getting prices.

And don't get me started on the 'rate shoppers' affect of going to 10 different mortgage brokers to find mortgage financing and each one pulling their credit and effectively lowering their credit scores each and every time!!! Consumers need to be educated on how this will lower their credit scores thereby lowering their ability to get the most advantageous and cost effective mortgage financing in the market. Sometimes even making it impossible to get any kind of financing or refinancing when they need it. I won't even go into the morality and ethics of going to 10 different brokers and wasting the brokers time, efforts, and money on that particular game. And yes, it actually costs a broker money to pull those credit bureaus, a cost ads up pretty quickly.

Guard your personal credit file like gold! The immediate and direct result of too many credit bureaus being pulled is a quick reduction in your credit score which will reflect in higher interest and borrowing costs to you.

And if you are serious about getting a mortgage to buy that dream home or refinancing your existing mortgage and paying off some debt, give me a call or apply online at www.MaryWozny.com!

Warmly,
Mary Wozny