January 2011 Newsletter – Unclaimed Opportunities

GREETINGS

From Roberta and the Note Servicing Center Staff,

You have often heard me say, Opportunity swings on the hinges of Adversity. Have you laid claim to one of the many “Unclaimed Opportunities” that await you in 2011? When we listen to the media, the pundits and take a look at the state of the economy, one begins to wonder if things could get much worse; or at best wonder how long it will be before we see a ray of sunshine peek through the gloom and doom of the market. Well, I’m here to tell you many opportunities already lay UNCLAIMED at your doorstep. There is a boom and bust to every real estate and finance market. “But” you say, “This one is different”. I agree, history will testify to the fact, they ALL are different, but they all forge opportunity. In this edition of the NSC Newsletter you will read an article by a young man working in one of the worst economically depressed areas in the United States, who instead of laying down in a prenatal position and sucking his thumb, has grabbed a hold of the age old concept of Land Contracts to fill a housing need in the city of Detroit.

I couldn’t resist including an article in the Insider Scoop section which includes some pretty “no excuse” straight talk authored by Fred Rewey, about what we all need to focus on when times get tough and particularly right now at the beginning of 2011.


BREAKING NEWS

It would be great to greet our many clients and friends and meet new ones as we attend various seminars and workshops this year. Both Tom and I will be attending the Hughes Brothers Land Trust Seminar in Walnut Creek, CA this April. You can read more information about this event in the NEWS and VIEWS section of this newsletter. Roberta will be honing in on Eddie Speed’s Note School Series in CA also, which you will be hearing more about by e-mail and Newsletter very soon.


PRESIDENT’S CORNER

The 1098′s and 1099′s for the NSC clients are now mailed for the 2010 fiscal year. This task can be a headache for most note holders. Fortunately, for those using our service our system has no problem preparing and mailing thousands out – all at one time and on time. This is just one of the many routine services provided by NSC at NO CHARGE! We welcome your call for information on how we can take the hassle out of servicing your own notes. We service for as low as $25.00 set up and $15.00 per month. There is no penalty for cancellation so, you have nothing to loose and everything to gain. Call 209-966-3445 X 12 or contact info@sellerloans.com.

SELLER FINANCING IN DETROIT WITH LAND CONTRACTS

By Jeremy Burgess

In the unforgiving landscape that is the real estate market right now, land contracts are a bright shining light. Home buyers do not exactly have a choice when it comes to financing through traditional routes. Appraisals are six feet under with underwriters doing their very best to get the value near a meal at McDonalds. Translation, no one is lending in Urban areas.

I’ve done the FHA dance and I have the scars to prove it. From reverse mortgages, 203k’s, and traditional FHA products all with similar results. Great initial success followed by abysmal failure. Not to be too doom and gloom on you but the fault lies not with FHA or the underwriters, but with me, the investor. I made the choice to give control of my success and profits to a third party. Well no more.

I stumbled across land contracts by accident. I started receiving leads from my investor wholesale site from home buyers asking me to finance my houses for them. I ignored the leads at first. I had real problems to solve and it didn’t seem like a great solution. However, more leads continued to trickle in and I wasn’t even advertising. Luckily for me a friend stepped in with his story of success with land contracts.

I started calling these people and I realized very quickly… To finish this article (http://sellerloans.com/2011/01/19/seller-financing-in-detroit-with-land-contracts/)


NSC INSIDER SCOOP:

Why You Failed in 2010 and 7 Ways to Make 2011 Different by Fred Rewey

Sure, 2010 sucked. The economy sucked. The housing market was lousy. And jobs became tougher to find.

You thought 2010 was your year to break out on your own. Create your own business – an online empire that would yield you income and financial freedom.

But then American Idol had a special, you had to find out what happened on the last season of Lost (and blog about it), and, what is that?… Sarah Palin has a reality show?

Frankly, you blew the year with distractions.

It is easy to do…I mean…distractions are so…well… distracting.

It is so much easier to chat about how Obama is some secret plant by the Soviets sent to destroy America or how Starbucks is adding stuff to their coffee to make people want to buy an accompanying muffin.

Hey, those are much better topics because, frankly, who the heck wants to look within for reasons of not accomplishing your goals?

Dare to peek into the looking glass? Then read on…

Here are the Top 7 reason 2010 sucked and how you can change all that for 2011…
To finish this article (http://sellerloans.com/2011/01/19/why-you-failed-in-2010-and-7-ways-to-make-2011-different/)


NEWS, VIEWS AND EVENTS:

The NOTE INVESTOR In the current edition of the NOTE INVESTOR, an on-line blog by Tracy Z. Rewey, she offered a new training for Finding Cash Flow Notes? Use this LINK (http://clicks.aweber.com/y/ct/?l=9gEA7&m=IrZPMILEH599nG&b=XK2Cqbx.JqpZCZUkjY6F4g). Just click the link to watch the video for all the details (including a special 25% discount)! Please make sure you tell them Note Servicing Center sent you.

Check it out at: http://www.noteinvestor.com

THE HUGHES BROTHERS Do you own (or want to own) property? DISCOVER how to protect your assets and keep them private from the public by attending the highly acclaimed Land Trust Seminars. You will learn how you can start immediately to utilize Land Trusts for Liability Protection, Financial Privacy, Estate Planning and Remote Control Management. Seminar date: April 16th & 17th, 2011 from 8:30am to 4:00pm. Walnut Creek, California. To enroll for either Land Trusts Made Simple or Advanced Class call 888-796-3896. http://www.realestateforprofit.com Look forward to seeing you there.

The CFE JOURNAL If you have not logged on or subscribed to the CASH FLOW EXCLUSIVE on line Journal, it is definitely well worth the time to take a look. Look for recent article written by Roberta Standen for the January issue Use your GPS for Less Stress in 2011. For your free copy available via email, contact distribution@cashflowexclusive.com and tell them the Note Servicing Center sent you.

The NOTE SCHOOL Personal Mentoring from Eddie Speed and NoteSchool is the perfect path to success in the cash flow business. He will be presenting a new seminar series in California in 2011. Contact Roberta at 209-966-3445 Ext. 14 or rstanden@sellerloans.com for advanced information and an opportunity to attend the classes at a reduced price. We look forward to seeing you there.

PENSCO TRUST UPCOMING SEMINARS AND EVENTS One of the many goals of Pensco Trust is to educate individuals and professionals on how to use self-directed investing to help realize their investment goals and dreams. Click on this link to see all the events that are on their website http://www.penscotrust.com/education/events.aspx. For additional Information contact www.penscotrust.com Tell them the Note Servicing Center sent you!

AMERICAN ASSOCIATION OF PRIVATE LENDERS (AAPL) is the only national organization dedicated to the promotion of the private lending industry. AAPL is designed to serve as a catalyst for industry growth, by fostering awareness, promoting best practices, and enforcing a code of ethics. Now you can be a part of this organization and receive all the benefits that other members enjoy. AAPL offers four levels of membership, each designed to meet the needs of various entities within the industry. Just go to: www.aaplonline.com

YOUR BUILD YOUR BUSINESS – WE SAVE YOU TIME AND MONEY

About Roberta Standen

Roberta has been a licensed real estate broker since 1974. A specialist in real estate exchanging, creating real estate notes, and using private paper to creatively purchase and sell millions of dollars in real estate, Roberta has bought, sold, traded, originated and managed notes for over 25 years, through her capacity as a real estate broker, professional exchangor, and real estate developer. (“Reprinted with permission of the author 10-2010)