gain from the down turn

How Real Estate Professionals can Gain During the Subprime Squeeze


About 1.2 million foreclosure filings were reported last year in 2006, 42 percent more than in the year 2005. Many more are projected for this year of 2007. Current home owner defaults and late payments are not just causing problems in the mortgage industry but the situation is also raising the question if the U.S. economy will suffer from this subprime market squeeze.



What is the subprime squeeze about? Subprime loans are given to borrowers who have poor credit. Foreclosure rates on subprime loans more than doubled in 2005, however it's important to remember that the subprime market is fragmented. Homeownership has grown from 65 percent to 69 percent in the last ten years, and of those, half came from subprime lending. (Source: Federal Reserve Bank of Chicago.)



Companies specializing in subprime mortgages are the ones that are currently suffering, along with the financial institutions that lent money to them. That's why many people are concerned that the subprime squeeze will lead to more credit restrictions on borrowers, which could hurt consumer spending. There are experts who believe that there's a big market segment of the population still out there who are actively seeking financing for new homes, and new technology companies have come up with new ways to help provide loans to these folks via a unique mortgage payment calculator that is so advanced that borrowers know immediately if they have the possibility of financing a purchase.



Many borrowers took out what amounted to uncollateralized personal loans to get into a home they couldn't afford. Now they are crying because they are loosing their homes. In many cases it happened because unscrupulous loan officers put many people into loans they shouldn't have been in. Greed up and down the line from investors to borrowers dominated this run up and it is fitting that all of the players are feeling their part of the pain.



"If you are stuck in the subprime squeeze crisis, ask yourself if you can pay your bills over the next 18 months, then tough it out. If not, sell your house now before your credit is ruined," said Eric Lesin, known as the Loan Warrior. "Unskilled and unscrupulous brokers are at the root of much of this, but borrowers are at fault too. Many people placed bets that they could get in with little or no equity and they fudged their applications."



Now, the fundamental direction of the market is towards more traditional rules for loan approval. This return to traditional standards coupled with the robustness of the rest of the economy will help borrowers with savings and sufficient income to quickly absorb the formerly overpriced houses coming to us through foreclosure of former owners or renters.



The future holds new technology tools that offer complete disclosure which is certain to protect all parties - from brokers, to banks to consumers ... even real estate agents, who will profit by earning the commissions that brokers typically get.

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Dogtor Paco, Inc. is a proprietary patent-pending online lending services engine where loan officers, mortgage brokers and real estate agents can facilitate the approval and processing of loans for customers faster. Dogtor Paco's powerful on-demand mortgage calculator provides good faith estimate (GFE) level quotes with full disclosure including monthly payments and all closing costs, using instantaneous rates to calculate closing costs and monthly payments for a particular property.

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Coupon lower

Making money and saving money are two strongly interlinked subjects as far as I am concerned. I am always on the lookout for discount and promo codes when shopping online, and the potential savings are quite considerable. Whatever you are buying, it is always worth checking the discounts available online. For example, when you shop at eBags there is a great discount coupon available for Coupon Chief at huge online savings. When I am about to travel I always check out the spicial last minute offers that are posted online from travelocity. This is an excellnt habit to develop: curb your impulsiveness and always check the price at Couponchief first.

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Happy customers

Making your E-Customers Happy
Copyright © 2007 Allen Thomason

Methods of research and concept building, constant revision, perseverance, and the courage to take up calculated risks are what bring in success in any business. Internet marketing also requires similar efforts and endeavors. Educating yourself in consumer taste and preferences and incorporating these rightly into your marketing strategy is a very significant part of sustenance in the business. Working out for methods that routes regular quality traffic through affiliate links and relevant advertisements is the essence of successful e marketing.

Making money online is possible when you optimize your costs by focus on your business target, improve your customer satisfaction, and enhance your service delivery. A combined capsule of effort, uniqueness, and competence helps you to earn extra profit from your e marking attempts and outsmart the competition that you face from entrepreneurs in the similar business field. The principles to emerge successful have marginally modified through ages. New tools with innovations, new environment, and new social values have influenced the course and direction of success in marketing business.

Now, when we think about internet marketing we are targeting a section of customers/prospects that exists in the virtual world as well as the offline customers. The networking and interaction builds up on the foundation of promotional newsletters and emails or through telephones. This ensures that the business overhead is reduced without disturbing the customer building efforts. Once you have identified your niche and planned your short-term goals to establish your webzine, you just need to ensure that prospects are happy with what they are getting from you and will always come back to you for similar needs in future.



Your presence should impress the web crowd to persuade them to make repeated visits and guarantee that each time they return happy and satisfied. Revising information and content of your blog, updating these with contemporary and relevant ideas, incorporating feedback from customer preference surveys always helps to keep your blog/ website up to date. Spending quality time and resource to enhance the content and working out proper delivery mechanisms is mandatory to keep your blog live and healthy.



Knowing and understanding your niche target, their tastes, demographics, culture, socio-economic conditions and habits often helps to deliver the right product at the right price and with the desired qualities. Empowering yourself through proper research and information helps to build up the business that thrives on customer loyalty and support.



Knowing your prospects also imply choosing them. Not everyone is your target. Therefore, drawing in potential prospects from a diverse stratum of crowd that visit the web is really challenging. Yahoo, MSN, Google helps you in your search for prospects in specific demographics. Web crowd directed towards your blog requires a proper filtering before the visit pattern is set and analyzed for future reference. A comprehensive strategy should be engaged that retains the niche audience and routes the casual crowd that often creates disillusions about your focus and target.



Real interested prospects become your loyal referral source by bringing in financially qualified and capable prospects. Charging high for your product or concept is never an impediment to the business growth as long as you have convinced and dedicated prospects. People who really look for quality rarely care about price to pay for a good product or service. Many prospects are brand loving and they actually want to pay a brand-price for the same.



Revenue and traffic are thus ensured when you deliver the exact quality that you promise. Building up a good and effective customer relationship database is conditioned by the quality of your service, timeliness, and delivery. After sales service and customer support programs also form a very important part of your business strategy to keep your clients happy and loyal.

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Allen Thomason is an accomplished and established internet marketer. To find out how to expand your online knowledge and learn more about Internet Marketing, Advertising, and Proven Marketing Tactics visit http://www.TheProfitCombination.com.

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Olympic spirit

Who holds a torch for you? No this is not a joke but a serious proposition. With the Olympic Games of 2008 less than twelve months away now, there are opportunities for very special people to be involved by becoming torch bearers in the build up to the summer games ceremony in Beijing, China. These individuals will carry the flame of the Olympic spirit to Beijing to launch the 2008 games there. So this is you chance - you have the chance to Nominate torchbearers for the historic Torch Relay to the Beijing 2008 Olympic Games if you know any exceptional people who would live up to the challenge. Simply go to the website and check out the procedure.

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Add Value to a Business website

Three Simple Ways to Create Value on your Business Website


Whenever you go to a website, you're looking for one of two things: to buy something you've bought before or something new that you will buy. When you visit a website for the first time, you want to see that there is value in coming to that website over the others that are on the internet. So, knowing this, as an online business website, how can you offer this value to your next website visitor? Here are three ways to make their visit worth their while.



Give Good Information for Free



If you create a website that offers only the basic amount of information, you're going to have visitors that are confused. While they can get to your products and to your contact pages, they're wondering what else you can offer them for free. The truth is that website visitors want to get as much as their can from a website before they even spend a cent in most cases. For example, when you visit a news website, you look at all the stories before you would even consider signing up for a subscription to their forums or up to date news, right? This is the same situation for any website.



To help encourage your visitors to do more with your website, you need to create the sense that they are getting something for free – just for stopping by. Here are some ideas:



Newsletter signups – If you can offer your visitors a good newsletter on a regular basis (either via email or on your site), you will help to create a connection between your customers and your business. This will work well to keep your customers in the know, while also helping to give them something for free. The only thing to keep in mind is that this information needs to be relevant and not just a bunch of sales jargon. Free articles – By having regular free articles on your site that other websites or visitors can use, you will help to spread the word about your site (be sure to include your web address on the articles) as well as give good information to your site visitors.




Make Them an Offer They Can't Refuse



Too often, websites will only give out special offers to customers that are buying something or who have already bought something. Do something different by offering freebies without any other strings attached. These might be free samples, free eBooks, or anything else that you can give away that is related to your products.



Of course, you can also offer discounts on purchases and create subsequent discounts for future purchases as well. This will show that you value customer loyalty and that you are eager for them to come back.



Acknowledge Your Competition



While it might be tempting to criticize your competition, a better strategy is to offer discounts that match their prices – when you're both selling the same items. This will help your customers see that you are aware that you might not always offer the best price, but that you are willing to do whatever it takes for a customer to come to you instead of 'the other guy.'



You might also want to create a clear listing of the differences between your competition and your own website to help customers make the right decision for their purchases, without looking disparaging.



When you want to create value on your website, you need to remember what the customer considers valuable – discounts, freebies, and information. The more you can offer in these categories, the better you will look to your new customers.

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Scott Oliver offers free video coaching to help you build a profitable home business FAST. Get an hour of "Website Traffic Secrets" and "Minisite Creation Tactics" for FREE -- immediate access here: http://www.InstantWebsiteBusiness.com

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Other ways

If you have been getting worried about all the scares regarding the best know ways to inves tmoney, you may have been thinking that there is no real alternative to stocks and shares or property. The stock market looked as if it was starting to make a recovery earlier this year, but over the past two months there have been some major price drops. As for property, one of the biggest lenders in the UK suffered a run on its deposits last month, and the knock on effect on property prices waits to be seen. So why not have a look at gold coins, which are a tried and tested method of holding and protecting your money which can be easily liquidated.

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Blogging for cash

If you want to find out more about the debate surrounding paid blog links, have a look at this article on paid advertising and sponsored links on blogs. Paid links on blogs represent a useful source of online income for home bloggers, far preferable to the numerous internet scams that offer instant riches!

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Mayfair select

When I was single - and dating - one of my favourite areas to eat out was Mayfair. This is the home to some of England's quality cutting edge chefs and the most opulent dining rooms. There is more than one mayfair restaurant where you can eat in a quiet location surrounded by greenery. This select quarter of London is a must for the discerning diner.

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