Giant change in interest rates today. Been telling you how GREAT they are and they went up today... a lot. About $31 per 10,000 of price. Now, they are still GOOD historically, but don't wait any longer! Get them locked in now! Call your lender tonight! It's time and I can't stress that enough... If you need a lender, call me 770-360-5815 or email me at Donna.Stott@mac.com
Don't delay if you want to buy soon. See article below
CLICK HERE
Donna
For those interested in GOOD NEWS about Real Estate - the facts with a Positive Spin!
Thursday, May 28, 2009
Saturday, May 23, 2009
Important Good News about Interest Rates!
As reported by Realtor Magazine online: Freddie Mac reports a drop in the 30-year fixed mortgage rate to 4.82 percent during the week ended May 21 from 4.86 percent the prior week. Meanwhile, the 15-year fixed mortgage rate dipped to 4.5 percent.
The Federal Reserve is working to hold down rates by purchasing upwards of $1.25 trillion in mortgage-backed securities and $300 billion in Treasuries. Mortgage rate premiums have declined substantially over the last couple of months even as Treasury yields climbed.
Note: These rates are being "held down".... How long will those rates last? -- And more importantly... What does that mean to you? Read below and you decide...
A $250,000 30 yr loan today at 4.82% is about $1310/mo P&I. If that rate goes up to 8%, that payment goes to $1822! At no higher price...
Same loan, same price... 15 yrs at 4.5% is $1906... at 7.75% it's $2338. The PRICE is less important than the RATE right now.
Hope this shows you why it's such a great time to get a loan... Who do you know that I could help buy a home now?
The Federal Reserve is working to hold down rates by purchasing upwards of $1.25 trillion in mortgage-backed securities and $300 billion in Treasuries. Mortgage rate premiums have declined substantially over the last couple of months even as Treasury yields climbed.
Note: These rates are being "held down".... How long will those rates last? -- And more importantly... What does that mean to you? Read below and you decide...
A $250,000 30 yr loan today at 4.82% is about $1310/mo P&I. If that rate goes up to 8%, that payment goes to $1822! At no higher price...
Same loan, same price... 15 yrs at 4.5% is $1906... at 7.75% it's $2338. The PRICE is less important than the RATE right now.
Hope this shows you why it's such a great time to get a loan... Who do you know that I could help buy a home now?
Tuesday, May 19, 2009
The Success Decathlon - 10 Events to be The World's Greatest!
Event One: GET CLEAR. The Worlds Greatest in anything has a crystal clear picture in their mind of what they want to achieve. This is the “Big Picture” or “End Result” - with NO details on HOW it’s going to work... just your goal, in living color! ~ What are you Passionate about? Is it income? Is it being #1? ~ I know sales, so will use this as an example One of my clients wants to become the #1 salesperson in their company. This is their Big Picture. They've created a small photo album AND a poster (Dream Board) with Words and Pictures that tell the story of their Goal... A picture of their name on the top of the Company Sales Board. A picture holding the Annual company sales trophy. They also use images of what they could HAVE if they were #1. (A new car) Where they would GO (travel brochures to Paris and Greece). Things they would DO (a whitewater rafting trip in Chile) … Get the idea? ** Note point 9 below... this is a CONTINUAL process so don't get hung up on "but what if I change my mind"... you probably WILL and it's OK.
Event Two: GET SUPPORT. Now that you’ve sold YOURSELF on your dream, it’s time to sell a few key "others" who will support you and hold you accountable to your dreams! Don’t make the mistake of telling everyone you know and expecting them to motivate you… this is about finding 4 or 5 people that will give you support and BELIEVE in you! In today’s world, with communication so easy, you don't have to choose friends, family, or co-workers. Your choices are far wider! Who do you know… worldwide, that would believe and support you? You should consider acting like the top professionals do, and hire a coach to help you build your vision and support you … BELIEVING in you all the way!
Event Three: MAKE A PLAN and TAKE ACTION. Okay... you have the dream... you have the support in place... Now what? It's time to make the PLAN. What are the specific steps you need to take? Is the plan as detailed as you can make it? Have you put it on a timeline? Is your plan realistic? Are their other people who have done what you want to do before? Once you have the PLAN in place with a detailed Action List of what must be done, you are able to SCHEDULE your action steps for each day. If you are looking at that Dream Board every day and taking the action steps necessary... you WILL see the progress begin!
Event Four: BE IN THE RIGHT PLACE AT THE RIGHT TIME. Great News! We're making progress, right? The next step is to align yourself and you actions with your goal. It’s been said that luck is what happens when preparation meets opportunity. You have to figure out how to be in the right place at the right time! How can you know where that is? You can't! But what you CAN do is to get in front of more people that can help you reach your goal. Is it perhaps meeting with that person who HAS done it before? In The Secret, Jack Canfield talks about visioning a certain income (a check on the ceiling over his bed was his "Dream Board"... but he stressed that getting out there every day was what made it happen.... It was a chance meeting that actually led to his success. If he had not been OUT THERE, he would never have met the right person, at the right time. ~ Go to seminars and events. Join networking clubs, or start one yourself. Speak to local civic groups. Get involved at church or other volunteer organization. Rotary, Toastmasters, Chamber of Commerce... Write a Blog. Be on Facebook. Be on Linked In. == If you aren’t out there, no one can find you! You can't win if you don't play...
Event Five: FOLLOW UP. This often overlooked daily event can make a HUGE difference in your results. You're working your action steps every day... and you're getting some leads, or touching base with people that need to do something and get back to you. How well are you following up on these? This has to be part of the daily action steps you take! Every time you generate a lead or ask someone to do something, you MUST have a date and time scheduled to follow up... and then DO IT. This ONE EVENT can make the difference in your goals taking half the time to achieve! Many people find that each satisfied client can provide 3 to 5 other clients to you; so lead follow-up on every lead is really following up on 3 to 6 sales! ~ Don't skip this one... and if you don't have a system to do this, talk to a mentor or Coach about it! They can help you!
Step Six: WORK ON MINDSET EVERY DAY. We are all constantly bombarded with negative news and opinions. What are YOU listening to and reading and hearing every day? Who are you surrounding yourself with? Psychologists say it takes 7 positive thoughts to counteract one negative one. How much POSITIVE INPUT are you getting each day? Do you have a PLAN go get more? Are you feeding your brain 7 times the good stuff?? One thing a Coach does for you is to keep your head on straight… to help you get back UP when the negative things have gotten you down. Some ideas: Stop watching negative news. Stop reading negative articles. Some listening to negative verbal messages. Turn it off, put it down, walk away... If it’s really important news, someone will tell you. You’ll hear about it from a person. I promise.
Step Seven: TURN YOUR LIMES INTO LIMEADE. Winners know that losing is quite simply, part of the process. Failures are actually a key part of getting to your dream! Without losing... we don't grow. The Worlds Greatest LEARNS from their failures... and failure causes them to work even harder and get more excited! Lincoln lost more elections than he won... But he kept running! Edison tried thousands of filaments before he found the right one and celebrated each one that didn't work as "Great! That's one more we can eliminate!" ~ How does adversity affect you? Can you begin to reprogram you mind to see it as something GOOD, necessary and... can we go so far as to say... even DESIRABLE? Remember Babe Ruth was also the Strike Out champion! TRY more often... like he did. Can you turn it around to see losing as an opportunity? Is there part of your written PLAN about how to get back on track after something unexpected happens? The real question is, are you going to let a failure stop you? Can you get back up after falling with a GIANT smile... a song in your heart...and move forward to do the things you KNOW you can do? YES you CAN!
Step Eight: WORK HARD. No one likes the reality of step eight, but this is where the “rubber meets the road”! Some people will tell you can simply imagine yourself to massive success.... but the people that have done it will tell you it was a lot of hard work! I heard once after a beautiful piano piece a member of the audience said to the musician... "I'd give anything to play like you!" And the musician replied... "No you wouldn't... it took 8 hours a day, 6 days a week, for 20 years to get this good. Would you REALLY have given that?".... Success is less "natural talent" and more hard work! ~ How much DO you want this? Will you do whatever it takes? Will you practice like the musician? Will you be patient with timing on the results? Will you hire a professional Coach? Are you willing to push just a LITTLE harder? Will you stay just at it a LITTLE while longer? Will you ask for the order just ONE more time? Are you prepared to work ONE more day a month, or even a half-day! It's the fraction of a second, and the work & practice behind it, that wins it all. Put your shoulder to the boulder!
Step Nine: EVALUATE YOUR PROGRESS ALL THE TIME. TRACK YOUR PROGRESS. Record your daily wins. Keep a success diary. There WILL be days when is harder to get started or to keep going. You will have “off” days. Tracking your progress and re-reading your wins and successes can help an “off day” from becoming an “off week.” Have a tracking system in place to account for your activities and action steps and review your plan at least weekly. You need to calculate the ratios, the goal verses actual results. Use Excel or get someone to help you set it up. My clients use an online password protected system to track everything they do each day that is business generating. Number of contacts, number of leads, number of buyer appts set, number of listing appts set, number of each type they actually go on, number of offers written, number of contracts, number of closings, number of cancels and so on. There are literally dozens of items. But if they get off track - we know EXACTLY where they're off track and what to do about it! These evaluations should be done weekly, monthly, and quarterly... as well as annually! So you can adjust quickly!
Step Ten: REMOVE THE WORD QUIT FROM YOUR VOCABULARY. The final piece of the puzzle in being WILDLY SUCCESSFUL is a mindset that NOTHING is impossible. It may take longer than you expect... but time is not the important part. Earl Nightingale said: “Success is the progessive realization of a worthwhile goal or vision.” PROGRESSIVE is the key word. As long as you are progressing, you are succeeding! SEEING that VISION unfold and the SUCCESS that comes with it means the realization of your goal. NEVER saying "I quit" is how you get there! PERSEVERANCE. Make it your Mantra!
Go make it a World's GREATEST day!
Event Two: GET SUPPORT. Now that you’ve sold YOURSELF on your dream, it’s time to sell a few key "others" who will support you and hold you accountable to your dreams! Don’t make the mistake of telling everyone you know and expecting them to motivate you… this is about finding 4 or 5 people that will give you support and BELIEVE in you! In today’s world, with communication so easy, you don't have to choose friends, family, or co-workers. Your choices are far wider! Who do you know… worldwide, that would believe and support you? You should consider acting like the top professionals do, and hire a coach to help you build your vision and support you … BELIEVING in you all the way!
Event Three: MAKE A PLAN and TAKE ACTION. Okay... you have the dream... you have the support in place... Now what? It's time to make the PLAN. What are the specific steps you need to take? Is the plan as detailed as you can make it? Have you put it on a timeline? Is your plan realistic? Are their other people who have done what you want to do before? Once you have the PLAN in place with a detailed Action List of what must be done, you are able to SCHEDULE your action steps for each day. If you are looking at that Dream Board every day and taking the action steps necessary... you WILL see the progress begin!
Event Four: BE IN THE RIGHT PLACE AT THE RIGHT TIME. Great News! We're making progress, right? The next step is to align yourself and you actions with your goal. It’s been said that luck is what happens when preparation meets opportunity. You have to figure out how to be in the right place at the right time! How can you know where that is? You can't! But what you CAN do is to get in front of more people that can help you reach your goal. Is it perhaps meeting with that person who HAS done it before? In The Secret, Jack Canfield talks about visioning a certain income (a check on the ceiling over his bed was his "Dream Board"... but he stressed that getting out there every day was what made it happen.... It was a chance meeting that actually led to his success. If he had not been OUT THERE, he would never have met the right person, at the right time. ~ Go to seminars and events. Join networking clubs, or start one yourself. Speak to local civic groups. Get involved at church or other volunteer organization. Rotary, Toastmasters, Chamber of Commerce... Write a Blog. Be on Facebook. Be on Linked In. == If you aren’t out there, no one can find you! You can't win if you don't play...
Event Five: FOLLOW UP. This often overlooked daily event can make a HUGE difference in your results. You're working your action steps every day... and you're getting some leads, or touching base with people that need to do something and get back to you. How well are you following up on these? This has to be part of the daily action steps you take! Every time you generate a lead or ask someone to do something, you MUST have a date and time scheduled to follow up... and then DO IT. This ONE EVENT can make the difference in your goals taking half the time to achieve! Many people find that each satisfied client can provide 3 to 5 other clients to you; so lead follow-up on every lead is really following up on 3 to 6 sales! ~ Don't skip this one... and if you don't have a system to do this, talk to a mentor or Coach about it! They can help you!
Step Six: WORK ON MINDSET EVERY DAY. We are all constantly bombarded with negative news and opinions. What are YOU listening to and reading and hearing every day? Who are you surrounding yourself with? Psychologists say it takes 7 positive thoughts to counteract one negative one. How much POSITIVE INPUT are you getting each day? Do you have a PLAN go get more? Are you feeding your brain 7 times the good stuff?? One thing a Coach does for you is to keep your head on straight… to help you get back UP when the negative things have gotten you down. Some ideas: Stop watching negative news. Stop reading negative articles. Some listening to negative verbal messages. Turn it off, put it down, walk away... If it’s really important news, someone will tell you. You’ll hear about it from a person. I promise.
Step Seven: TURN YOUR LIMES INTO LIMEADE. Winners know that losing is quite simply, part of the process. Failures are actually a key part of getting to your dream! Without losing... we don't grow. The Worlds Greatest LEARNS from their failures... and failure causes them to work even harder and get more excited! Lincoln lost more elections than he won... But he kept running! Edison tried thousands of filaments before he found the right one and celebrated each one that didn't work as "Great! That's one more we can eliminate!" ~ How does adversity affect you? Can you begin to reprogram you mind to see it as something GOOD, necessary and... can we go so far as to say... even DESIRABLE? Remember Babe Ruth was also the Strike Out champion! TRY more often... like he did. Can you turn it around to see losing as an opportunity? Is there part of your written PLAN about how to get back on track after something unexpected happens? The real question is, are you going to let a failure stop you? Can you get back up after falling with a GIANT smile... a song in your heart...and move forward to do the things you KNOW you can do? YES you CAN!
Step Eight: WORK HARD. No one likes the reality of step eight, but this is where the “rubber meets the road”! Some people will tell you can simply imagine yourself to massive success.... but the people that have done it will tell you it was a lot of hard work! I heard once after a beautiful piano piece a member of the audience said to the musician... "I'd give anything to play like you!" And the musician replied... "No you wouldn't... it took 8 hours a day, 6 days a week, for 20 years to get this good. Would you REALLY have given that?".... Success is less "natural talent" and more hard work! ~ How much DO you want this? Will you do whatever it takes? Will you practice like the musician? Will you be patient with timing on the results? Will you hire a professional Coach? Are you willing to push just a LITTLE harder? Will you stay just at it a LITTLE while longer? Will you ask for the order just ONE more time? Are you prepared to work ONE more day a month, or even a half-day! It's the fraction of a second, and the work & practice behind it, that wins it all. Put your shoulder to the boulder!
Step Nine: EVALUATE YOUR PROGRESS ALL THE TIME. TRACK YOUR PROGRESS. Record your daily wins. Keep a success diary. There WILL be days when is harder to get started or to keep going. You will have “off” days. Tracking your progress and re-reading your wins and successes can help an “off day” from becoming an “off week.” Have a tracking system in place to account for your activities and action steps and review your plan at least weekly. You need to calculate the ratios, the goal verses actual results. Use Excel or get someone to help you set it up. My clients use an online password protected system to track everything they do each day that is business generating. Number of contacts, number of leads, number of buyer appts set, number of listing appts set, number of each type they actually go on, number of offers written, number of contracts, number of closings, number of cancels and so on. There are literally dozens of items. But if they get off track - we know EXACTLY where they're off track and what to do about it! These evaluations should be done weekly, monthly, and quarterly... as well as annually! So you can adjust quickly!
Step Ten: REMOVE THE WORD QUIT FROM YOUR VOCABULARY. The final piece of the puzzle in being WILDLY SUCCESSFUL is a mindset that NOTHING is impossible. It may take longer than you expect... but time is not the important part. Earl Nightingale said: “Success is the progessive realization of a worthwhile goal or vision.” PROGRESSIVE is the key word. As long as you are progressing, you are succeeding! SEEING that VISION unfold and the SUCCESS that comes with it means the realization of your goal. NEVER saying "I quit" is how you get there! PERSEVERANCE. Make it your Mantra!
Go make it a World's GREATEST day!
Tuesday, May 12, 2009
Great NEWS! $8000 for FREE!~ It's true!
May EDIT to below:
Though the tax credit is still there, using as a down payment was taken back almost before it was approved. More on that later.....
Exciting change to the first time Home Buyers tax credit! Do you know about that? First time home buyers can now get the $8000 free money at the closing table! With FHA they may not have to wait until they file next year, or even wait 6-10 weeks for a 2008 amendment to be returned!
The secretary of the U.S. Department of Housing and Urban Development, said today that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8000 tax credit as a down payment!
FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table. Wow! Now you don't have to have the funds first to get the back later... you can get them AT CLOSING! If you haven't owned in the last 3 years... this is YOUR time!
Click HERE to find out more or Email me at Donna.Stott@mac.com
Though the tax credit is still there, using as a down payment was taken back almost before it was approved. More on that later.....
Exciting change to the first time Home Buyers tax credit! Do you know about that? First time home buyers can now get the $8000 free money at the closing table! With FHA they may not have to wait until they file next year, or even wait 6-10 weeks for a 2008 amendment to be returned!
The secretary of the U.S. Department of Housing and Urban Development, said today that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8000 tax credit as a down payment!
FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table. Wow! Now you don't have to have the funds first to get the back later... you can get them AT CLOSING! If you haven't owned in the last 3 years... this is YOUR time!
Click HERE to find out more or Email me at Donna.Stott@mac.com
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