How the Power of Suggestion Can Ruin a Good Real Estate Professional

by Roberta Ross

Are you one of those agents who is easily influenced by negative media or the long faces of your depressed colleagues?

If so, then this market is much worse than you think.
Why? Because while you spend your time wallowing in the doom and gloom, serious-minded agents are rising to the challenge and capitalizing on the opportunities that today's market presents-the ones you're leaving behind.

That's the bad news. And the really bad news is that when the tides of economic change do turn, those agents will have already developed trusting relationships with their sphere of influence, niche markets and business-to-business networks. They'll be positioned for expansive growth and unparalleled success while the "Negative Neds and Nellies" of the real estate world remain knee deep in "what's wrong with the world." My suggestion? Don't join them!

The good news is that every change in business and in life brings with it both challenges and opportunities. If you're ready to turn your "news" into good news in your business, your life and even in your relationships, start by changing one word, one action, one habit each day from negative to positive-and let the real power of suggestion ignite your spirit and improve your production. Do this, and you might just decide that this market is much better than you think.

Here are some ideas to get you going:

Read more here.

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With the Housing Finance Authority’s mortgage loan programs, moderate income families have a fighting chance at becoming homeowners.

30 Year Assisted Rate Loan
Program Features·

• First mortgage loan with a fixed interest rate at 6.55%.
• You have 30 years to repay the loan.·
• 4% cash assistance for down payment and closing costs.
  

How to qualify
You must occupy the home as your primary residence.
Credit, employment and living expenses will be evaluated.
The maximum purchase price* for a new or existing home is $525,090.
Family income limits:*
$72,360 for a family of 1 or 2
$84,420 for a family of 3 or more

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Bloomberg Article on Florida Real Estate Bottom

Florida Real Estate Bottom Signaled by Sale of Distressed Condo

By Bob Ivry

Sept. 4 (Bloomberg) -- Sales of distressed Miami properties have begun, signaling a bottom for south Florida's real estate market and the end of waiting for vulture funds armed with about $30 billion to spend.
The sale of 120 condominiums last month to a Philadelphia private equity firm and Related Group of Florida, a development company led by Jorge Perez, ``broke the logjam'' for investors targeting the oversupply of condos in downtown Miami, said Peter Zalewski, owner of the Condo Vultures LLC consulting firm in Bal Harbour, Florida.
Regional and community lenders are starting to market properties in Miami, where the median condo price in July fell 19 percent from a year earlier, according to the Florida Association of Realtors in Orlando. Banks that were reluctant to take real estate-related writedowns may be forced by regulators to sell homes that sit empty and mortgage notes that aren't being paid, said Jack McCabe, founder of McCabe Research & Consulting LLC in Deerfield Beach, Florida.
``There's a purging going on,'' McCabe said. ``It's my belief that the vulture buyers would form the bottom of the real estate market, and we're almost there. That bottom may last for three years as foreclosure sales go on.''

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Incredible, sought after NC lakeview acreage!

Incredible lakeview 2.41 acre property with two building sites! Can be split or build family compound. Price for one acre. Adjacent 2-acre parcel also for sale - Developers build 3 homes! Area has multimillion dollar homes, world class river rapids, historic Franklin NC, and national forest land. Email Lisa at info@pegasuswriter.com or call 305-984-0404 for more information. Property is off of Little Choga Road on Ridge between Indian Lake Road and Rainwater Point. Will consider trade for Miami-area rental property.

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4 Reasons Why Investors Should Avoid Hedge Funds at All Costs
Posted in Investing by Johns WuJuly 22, 2008 09:29 PM

Hedge fund activity currently constitutes approximately 30 percent of all equity trade volume. So if you have any experience with equity trading, or even a slight interest in this type of venture, then you’ve probably been tempted to get involved with one of these notorious private investments funds. And make no mistake, hedge funds and those who run them have made a name for themselves in recent years.
Hedge funds have been all over the mainstream news media of late, whether it’s due to huge successes, shocking defeats, or the way that their managers seem to treat billions of dollars as if it were Monopoly money.
Hedge funds are private by definition and only certain investors qualify to partake in them. If you’ve climbed your way into this category as a result of a strong record in equity or futures trading, you might feel compelled to throw your money in with the über-rich, thinking that it’s a sure way to become one of the elite. But be warned, hedge funds are not all that they are cracked up to be. In fact, for an educated and conscientious investor, hedge funds can be a nightmare.
These four curious characteristics of hedge funds make them different than many standard investments. If you don’t bat an eye at this list, then go for it and you’ll at least enter the fray with your eyes wide open. But if anything in this description of hedge funds surprises you or makes you the least bit uncomfortable, then it might be best to stick with what you know.

For the continuation of this article, visit http://www.bankaholic.com/finance/hedge-fund-risks/