RBA Money

The 7 STEPS TO A 720® CREDIT SCORE program was created when mortgage broker Philip X. Tirone noticed that good people with good intentions were consistently turned down for home loans. Those who did qualify often paid unnecessarily high interest rates. On a $300,000 home loan, a person with a poor credit score could pay as much as $212,040 extra over the course of 30 years.

This is simply unacceptable. 7 STEPS TO A 720® CREDIT SCORE exposes the rules of the credit game, allowing countless Americans to increase their credit scores and save hundreds, sometimes thousands of dollars in interest payments. 7 STEPS TO A 720® CREDIT SCORE is a credit-improvement strategy based on patterns of change identified by studying tens of thousands of credit reports. Available to the public, the system is also used by real estate agents, mortgage brokers, investment advisors, and accountants across the nation to help borrowers save money, qualify for the best loans, and reduce interest payments.
An expert in residential home financing, Philip X. Tirone has a unique background in difficult-to-obtain loans, having started his career working with borrowers with stated incomes and/or poor credit scores. With this foundation, he became a specialist in the credit-scoring process, authoring the book, 7 STEPS TO A 720® CREDIT SCORE, as well as the bestselling workbook, APPLYING THE 7 STEPS TO A 720® CREDIT SCORE.

Philip is the founder of the Mortgage Equity Group (the MEG) and specializes in educating borrowers and helping them increase their credit scores so they qualify for the best loan programs available. The MEG is a non-traditional mortgage company composed primarily of team members committed to providing each homebuyer with specialized time and services unique to his or her needs, complementing traditional mortgage services with innovative programs aimed at reducing mortgage payments and maximizing buying power.

Philip’s commitment to educating homebuyers prompted him to create the 7 STEPS TO 720® LICENSING PROGRAM FOR PROFESSIONALS in which he trains other mortgage planners and industry professionals on consistently outperforming the market by helping clients improve their credit scores. As well, he established the 7 STEPS FOUNDATION, a charitable fund that allocates resources to help low-income and underserved Americans increase their credit scores. Philip has an uncanny ability to develop innovative strategies to simplify the mortgage process. As a frequent guest lecturer at the University of California Los Angeles, Philip has authored and delivered numerous speeches about avoiding the “Mortgage Lifestyle Dilemma,” a phrase he coined to describe an emotional buying decision that results in overextension and a life that revolves around high mortgage payments.

Philip and his programs have been featured in the Los Angeles Times, New York Times.com, Wall Street Journal, Newsday, Woman’s World Magazine, San Francisco Chronicle, Bottom Line Magazine, and Bankrate.com, among others. He was recently featured in the New York Times bestseller, Secrets of the Young & Successful. In 2008, he will be featured in Dan Sullivan’s forthcoming book, Industry Transformers, which identifies eight individuals who are having a profound impact on their industry by creating meaningful ways for their clients to bypass the bureaucracy and the red tape most consumers face.

Duration : 0:9:49

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Technorati Tags: bad, credit, good, increase, raise, report, score

DHFL is a loan financial company who is a risk free home loan company for everyone including NRI’s.

Duration : 0:0:31

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Technorati Tags: home-extension-loans, non-residential-loans

Commerce Secretary Gary Locke takes your questions about the National Export Initiative, a plan to help realize the Presidents vision of doubling American exports over the next five years. March 11, 2010.

Duration : 0:26:43

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Technorati Tags: Commerce, economy, employment, exports, Gary Locke, imports, National Export Initiative, Open for Questions, trade

President Obama announces the National Export Initiative, a single, comprehensive strategy to mobilize the Federal Government to promote increased American exports, level the playing field for American companies, and create new jobs for American workers. March 11, 2010.

Duration : 0:24:55

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Technorati Tags: annual conference, Barack, economy, employment, Export-Import Bank, exports, imports, Jobs, Obama, President, trade

Vince Cable MP, Deputy Leader of the Liberal Democrats, visits the Google London office to speak about his recent book: “The Storm: The World Economic Crisis and what it means”. This talk took place on 29th August 2009, as part of the Authors@Google series.

Dr Cable read Natural Science and Economics at Cambridge University, followed by a PhD at Glasgow University. From 1990 he worked for Shell International and from 1995 was Shell’s Chief Economist. He has also been head of the economics programme at Chatham House and since becoming an MP, has been appointed a fellow of Nuffield College, Oxford and at the LSE. Dr Cable is credited by many as having predicted, to a certain extent, the current global financial crisis. He is coming in to talk about the causes, effects and way out of the current crisis.

Duration : 0:54:54

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Technorati Tags: authors@google, google, liberal democrats, london, vince cable, yt:cc=on

In the first segment of the Clean Energy Economy Stakeholder Briefing with Youth Leaders, Cabinet Members speak with over 100 young leaders on clean energy at the White House.

Duration : 1:40:10

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Technorati Tags: Briefing, Browner, Chu, Clean, economy, Energy, Forum, Green, Jobs, Leaders, Solis, Sutley, Youth

1. Wholesale sellout of core strategic assets to foreign acquirers: according to official figures, more than
16,613 U.S. companies have been sold to foreign corporations from 1978 to July 2008 for trillions of dollars.
2. Decline of vital industries through bankruptcy, foreign predatory practices, and foreign acquisitions:
examples include steel, publishing, textiles, machines tools, automobiles, electronics, movies and more.
3. Inability to manufacture competitively: in 2006, American manufacturers suffered a 22 percent structural
cost disadvantage compared to overseas competitors through taxes, health and pension benefits, litigation,
regulation, and unequal environment protection.
4. Overdependence on imports: in 2006, $1 in $4 of US consumption on manufactured goods went
immediately and directly to imports. In 2007 China alone exported over $321 billion in goods to the United
States compared to the $62 billion in goods we exported to them.
5. Massive wealth transfer to foreign ownership: our trade deficit, estimated to exceed $800 billion in 2008,
is costing $1.5 million per minute in remittance to foreign companies.
6. Loss of job and career opportunities for people at all education levels: 3 million high-paying
manufacturing jobs lost between 2000-2005. The U.S. lost 63 thousand jobs in February of 2008 alone.
7. Insourcing of foreign manufacturers destroys our domestic industries, takes profits and taxes
overseas, and provides only low-skill jobs for American workers: foreign manufacturers operating in the
U.S. accounted for over 20 percent of our exports and manufacturing assets, and a large percentage of our
employment in 2006.
8. Dependence on foreign financing of government debt: as of December, 2007, the U.S owed 53 percent of
its debt to foreign countries and other international interests. That is 25.5 percent of our total national deficit
and we finance nearly 100 percent of all new borrowings from foreign interests our competitors are now
our bankers.
9. Outsourcing key manufacturing, research, and design: unchecked offshore outsourcing benefits
individual companies and shareholders but destroys entire industries and communities.
10. Transition to services-oriented economy: high-paying goods-producing industries have lost net
employment over the past 27 years while lower paying non-tradable services-providing employment has
doubled.
11. Lost scientific, engineering, technological prowess: in 2004, China and India graduated a combined
950,000 engineers versus 70,000 in the U.S. The United States ranks near the bottom of science/math
proficiency
12. Wealth shift into less productive assets: market value of residential real estate was a record-high, 38
percent of household net worth, in 2006. This is further exacerbated by record over-inflated home valuations
and mortgage levels and created the need for the government Bailouts of 2008.
13. Record levels of personal and government debt: household liabilities at record levels, federal government
also adding record levels of debt each year, financed mostly by foreign countries. Trade deficits are
transferring unprecedented, accelerating amounts to foreign hands each year.
14. Misleading commonly used economic statistics: misleading incomplete statistics, like GDP, job creation
and production statistics belie our crumbling economic infrastructure.
15. Proven failed trade policies and other counter productive legislation contributing to our demise:
Agreement with groups like the World Trade Organization; irresponsible treaties, like NAFTA; and out
dated foreign tax agreements, like the Value Added Tax are destroying U.S. industries and allowing our
assets to be sold or taken from us.

Duration : 0:6:49

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Technorati Tags: Craig Harrington, economic crisis, economy in crisis, fair trade, free trade, NAFTA, Obama, US economy, WTO

In a nutshell: I am threatening to sue an accountant and investor regarding a real estate deal between the investor and I that went bad. I wrote an initial letter (not shown) threatening a lawsuit which they turned over to their insurance agent. The insurance agent then wrote me requesting information (her letter is on the bottom). I then wrote the insurance agent a more detailed letter which I have not sent but appears below. I’m wondering about the following:

A. Is this worth putting my time into? Do I have a case, or even if I don’t, might the insurance agent, or the parties settle out of court to avoid a costly court case? Important note: There are lots of e-mails, but we never signed a written agreement between us regarding the profits of the house and what I should get (see below).

B. Can I file the case in any state, or does it have to be Texas? (the two parties live and signed in California), I myself was overseas the whole time.

C. Would hiring a lawyer (not really cost effective for this small amount) make a difference?

Here is the letter:

Dear Ms. Sanchez,

I am writing this letter to explain the circumstances regarding my claim.

Mr. Murray Marks and Mr. Ron Glass approached me in 2008 about using my name and credit history to help them to draw some further cash out a property located at 7017 Tocken Court, Corpus Christi, Texas, 78414. Apparently, they were both in serious financial trouble. Mr. Glass and Mr. Marks have been financial partners for many years together, and have vast experience in the area of real estate and own numerous properties. In this particular deal, Mr. Marks acted as the accountant. Mr. Glass acted as the investor who sold me the property.

Both Mr. Glass and Mr. Marks were also partners in this deal as well. For example, Mr. Glass bought this house from a business connection, Scott Cohen, who then sold it to Murray Marks, who then turned around and sold it back to Mr. Glass. They were both investors in the LLC that they formed and were working together. They are in constant communication even up to the present.

I am 51 years old, but I have never owned a home in the U.S. I have been a permanent resident of a Middle Eastern country since 1994, and know nothing about the real estate industry in the U.S. I have never been to Texas and had no motivation to own a home there, especially one with no equity in it, and especially at this point in my life when I am in serious financial difficulties and have been threatened by my creditors with prison over here.

I initially entered into this agreement with both Mr. Glass and Mr. Marks because they were my friends, their advanced ages led me to respect them both, and they had huge experience in real estate. In addition, they told me that they would split 50% of the proceeds from the profit on the house with me to help me out of my own financial situation. They also said that they would set up a fund to take care of the mortgage payments and that we would split any problems that might arise such as repairs.

Both Mr. Glass and Mr. Marks instructed me to advance money towards the house. This was supposed to be for repairs and the loan paperwork for the house, as well as to help settle the financial difficulties of Mr. Glass. Both assured me that, when the house was sold, they would return the money I had advanced to Mr. Glass.

This amounted to about 8,000 dollars as is documented in e-mails between the three of us. Mr. Marks and I calculated the correct amount and were more or less in agreement; however, Mr. Glass refused to acknowledge that any money was owed. He gave me verbal reasons for this in e-mail, but none were based on any records, bank statements, or bills that could be verified. In contrast, all of the funds that I forwarded to him were documented, and the financial records of Mr. Marks and Mr. Glass will bear this out if they would open these records and e-mails for inspection.

In terms of how I was harmed, first, and as was stated above, Mr. Glass never returned any of the money to me that I had advanced him for the home or as loans. Second I have incurred losses due to having to shoulder the mortgage from this house on my own, after Mr. Glass and Mr. Marks had said that they would set up a fund to ensure that there would be money for monthly payments. Third, Mr. Glass and Mr. Marks promised me that I would get 50% of any of the profits on the sale of this house after they had the house independently re-appraised.

Mr. Marks never signed a letter of engagement with me, but he acted as my financial advisor. In reality of fact, he acted as my representative, as well as Mr. Glasses. He represented himself as my accountant and explained that the deal would actually be to all of our benefit and that he would oversee the whole transaction. Mr. Glass, for his part, also advised me on other financial matters as well.

Throughout this real estat

A. If you have no case, they aren’t going to settle.

B. You can file in any state you want – but if you file in a state unrelated to the claim, you are much more likely to have the case automatically dismissed.

C. The amount you can recover without a lawyer, in small claims court, varies by state – but is usually capped at $1,000 to $5,000. If you don’t hire a lawyer, you have to actually show up in court, in person, to argue your own case, or you automatically lose. A lawyer is going to cost you considerably more than $8000.

Looks to me like you gave money to con men. If you weren’t listed on the title of the house, it’s going to be almost impossible to prove that the money wasn’t a gift. Even if you think you can prove it in court, I strongly suggest this is going to cost you WAY more than $8,000 to get a judgement – and even if you win, you’re not going to ever see one red dime from these thieves. What they did, isn’t covered by insurance. You had no written contract with either of them.

You got scammed. Count your blessings, that you only lost $8,000, and learn a life lesson from it – get rich quick schemes, only make the guy you give the money to rich – not you.

Real Estate

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As fully licenced and accredited Real Estate Agents, we supply the best results by:

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ResCom’s trained and experience consultants are available to provide an obligation free market appraisal on the value of your property or and analysis on any property you may be considering to purchase.

Financial Services

Obtaining a home loan can be stressful and it is important that it is handled efficiently and correctly. Our objective is to make the process as smooth as possible with the utmost professionalism and ensure that our clients needs are met. Whether you are a first home buyer, building a new home, purchasing an investment property, refinancing or consolidating debt, our -

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Professional Advice, for all our loan enquiries; and

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will remove the stress from financing your home or investment property.

We will manage your loan from application right through to settlement. Our service does not end there, your personal account manager is always available to answer any query on your existing loan or any future enquiries or assistance you may need.

For further information contact our Mortgage Division on (03) 8699 8000 or e-mail mortgages@rescom.com.au and let ResCom help you.

Lawyers

Buying or selling or even just transfering property can be stressful and it is important that it is handled efficiently and correctly.

ResCom Conveyancing will assist you in avoiding the pitfalls of transferring property with fast and accurate processing of your settlement and the necessary legal transfer of ownership.

Our expertise and experience provides:

* A competitively priced service;
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* 30 minutes to 48 hours turnaround for Section 32A
* A thorough and professional service – we don’t just fill out the forms;
* A complete understanding of your rights and obligations – we are always protecting your best interests; and
* Total convenience for you. No need to visit the office, you can instruct us on-line or by telephone, fax or mail – the choice is yours.

Whether you are buying or selling or just transfering, our conveyancing specialists will help you every step of the way.

Please Note: ResCom Conveyancing professional indemnity insurance in connection with the conveyancing work carried out in the course of its business.

For further information contact our Conveyancing Division on (03) 8699 8000 or e-mail conveyancing@rescom.com.au and let ResCom help you.

Insurance

Insuring your home & contents, investment home, business, farm or vehicle, and choosing the right insurance cover can be confusing and it is important that it is handled professionally.

At ResCom Insurance, our expertise and experience in Insurance Broking ensures that you will receive the correct policy or plan that is best suited to your requirements.

As general insurance brokers we have access to all the reputable insurance underwriters in Australia and overseas.

ResCom Insurance is a corporate authorised representative of Ausure Insurance & Finance who are licensed insurance brokers and members of the National Insurance Brokers Association of Australia (NIBA). As such, we are able to offer our clients insurances for all classes of business.

For further information or a quote contact our Insurance Division on (03) 8699 8040 or email insurance@rescom.com.au and let ResCom Insurance help you.

www.rescom.com.au

Duration : 0:4:1

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Technorati Tags: Australian real estate, Brisbane real estate, Canberra real estate, commercial, conveyancing, finance, first national, Holiday rentals, insurance, loans, media, Melbourne real estate, rescom, residential, Rural real estate, Sydney real estate, video, visual domain

Official video of the FIABCI 61 World Congress Bali, Indonesia.

The Dubais meeting in November 2009 appointed Indonesia to host the FIABCI 61st World Congress, which will be held in the countrys famous island of Bali on May 24 28, 2010.

Under the theme Save The World: Green Shoots for Sustainable Real Estate, FIABCI 61will present worldwide renowned speakers who will take us to ponder about making sustainability development in the field of economy, environment, social and culture.

FIABCI 61 is the annual meeting attended by not only stakeholders from the worlds property industry but also hundreds of representatives from various countries with different professional backgrounds such as property developer, broker, government official, consultant and lawyer.

The alluring tropical island of Bali has been awarded as The Best Island in Asia Pacific for four consecutive years. This is where millions of tourists worldwide spend their holiday as the island offers the beauty of tropical atmosphere with various attractions and fun activities.

The home of 3.5 million, mostly Hindu residents, Bali has been well-known as the sanctuary island that preserves its traditionally rich culture where the presence of ancient temples are the evidence of the islands authentic spirituality.

As a MICE destination, Bali has long become a great destination for an array of international events including the upcoming annual FIABCI World Congress.

Scheduled to be opened by the President of Republic of Indonesia, Susilo Bambang Yudhoyono, the five-day FIABCI 61st World Congress will cover a number of activities such as the election of new FIABCI World President for the period of 2010 2011, the accolade of Prix dExcellence Awards for the 2010 worlds best property projects, etc.

The congress will also discuss important issues relating to global property industry such as innovation, financing, eco-property and tourism; all of which will be presented by keynote speakers from Indonesia and overseas. Among them are Governor of Bali Made Mangku Pastika, Indonesias Minister of Tourism Jero Wacik, Group CEO Lippo James Riady and an array of other acclaimed figures from across the globe.

Duration : 0:5:26

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Technorati Tags: 61, bali, congress, fiabci, fiabci61, indonesia, kongres, world