The Coming Depression

veteranfinancial2 — Wed, 10 Dec 2008 18:47:23 +0000

The Dent Method – a long term economic forecasting tool based on demographic trends – is used by Financial Advisors and individual investors to help predict with uncanny accuracy the health of the economy as well as the stock markets years and decades in advance by identifying long-term trends that help build an overall financial picture.

As the only documented record of success at forecasting long term economic trends, The Dent Method has consistently proven that the age structure of the population has the power to influence consumption demand in a predictable, substantial and consistent manner.

Developed by economic expert Harry S. Dent, Jr. in the late 1980’s, The Dent Method offers a unique view of economic forecasting because it suggests that demographics and spending trends affect our economy, stock prices, inflation, interest rates, innovation cycles, new technologies, product and industry trends, real estate, immigration and domestic migration, and new business models for management and organization. This method also shows how to recognize and potentially profit from economic cycles, as well as helps pinpoint the best careers in growth industries, the best places to live, the hottest potential investment sectors, and the key technologies that will change

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The comming depression disscussed by Harry Dent

http://www.youtube.com/watch?v=8sMdpuYbjBY

http://www.youtube.com/watch?v=r9A_bIEfM1g

“Austin Private Lenders…are you tired of deadbeat borrowers…who were supposed to be giving you monthly payments not monthly misery?”

veteranfinancial2 — Tue, 09 Dec 2008 19:28:16 +0000

We’ve been talking with Austin private lenders and Austin note buyers and folks are getting murdered out there.

Take Ed Baker. He’s been an Austin hard money lender for twenty years. He’s done pretty good with monthly payments… every winter he goes sailing off the Texas coast… but not this year.

Where’s my payment this month ?!

He’s feeling humiliated, chasing down a smooth talking Austin problem borrower nicknamed Birdie who has boat loads of excuses, freighter loads of promises but not much of anything else.

It started last year when Ed got a call from Birdie who wanted to buy a 40 unit apartment building. This multi family housing would give Birdie a nice little income for his retirement and all that. Rumor had it his wife was a real spender and he needed the extra money.

Sounded good at first…

Well Birdie just needed some short term financing, a temporary mortgage, and just a little help to get him started. The figures seemed to work, the plan looked fantastic on paper, the appraised value was great. He’d fix up the building, increase the occupancy, then refinance.

Well it came to time refinance the property, and Birdie was in Dallas on a shopping spree holiday with his wife. When he returned, he pleaded; “with Wall Street, the mortgage crisis and all that” he just couldn’t get his refinancing. “Money’s tight!”

He was sure Ed would understand… it was all over the news. Ed understood… until his October check from Birdie bounced! (Shock and anger)

Then things went south ! Arrears and more arrears !

Turned out Birdie hadn’t exactly been paying the renovation tradesmen either… or the roofer… or the electrician. (Shock # two) As a matter of fact there was a pretty package of liens against Birdie’s half ripped apart, half painted, half empty Austin apartment building.

It’s tough out there

But… but… Birdie complained you can’t expect me to make mortgage payments with it being so tough out there… Wall Street, the mortgage crisis, the bailout… you’ve seen the news.

“So…” Ed thought. “I’m an Austin private lender not an Austin apartment owner. I’m an Austin hard money lender not an Austin collections agency. I should be out sailing, not bailing out my leaky financial ship. What’s the remedy here?

Do I want to go through the hassle of foreclosure… the expense of foreclosure… the legal drama of foreclosure… just to get a half ripped up apartment building full of cockroaches, disgruntled tenants, and liens? “

…Or is there another way?

Luckily there is relief

When your stress exceeds your monthly cash flow… when that nice dream of a borrower becomes a nightmare… when you’re at a dead end…

We have the cure !

We buy bad loans. Austin note buyers spell R E L I E F !

When you’ve had enough of the run around with a loan that’s sinking like a leaky ship, give us a call.

We make fair offers in a short period of time.

We have extensive real estate know how.

We can turn around underperforming properties and work things out with underperforming borrowers.

If you’re in a bind with a troubled loan call us… if you’ve heard so many tall stories from the borrower you feel like a publishing house… Call us now for the remedy!

Call us now to see if you qualify for relief. 250-390-2292 veteranfinancial@shaw.ca

fax 250 390 0610 Austin note buyers !

Benefits of Dealing with Veteran Financial. Why it’s smooth sailing with Austin note buyers!

You receive and we offer fair prices based upon thorough and careful analysis. (You can relax while we do the work.)
You get a prompt, efficient timeline from offer to closing. We stay focused and don’t waste time. (You don’t have to keep after us.)
You can count on our real estate expertise which allows us to deal with underperforming borrowers and their properties.
You get the peace of mind that we are trustworthy. (You can sleep at night.)
You can count on our word. There won’t be any surprises or renegotiation. (You’ll feel appreciated.)

“ We turn stormy mortgage waters into smooth sailing. “

Why it’s a good time to sell to Austin note buyers

Economic forecaster Harry Dent (SEE THE HARRY DENT ARTICLE BELOW) who has a proven track record, is predicting a depression from 2010 to 2012 and then a long economic downturn. Now is a good time to be selling mortgages before things get worse.

Plus whatever profit you make next year will be subject to the huge proposed Obama capital gains tax increase. And just to rub it in, the extra capital gains tax you’re paying will be redistributed to people like your problem borrowers – people who will happily spend your money while you’re out working hard for it.

Enough is enough !

Do you really want to keep getting shorted on payments and have this extra insult added into the mix? Does there come a time when enough is enough? Are you ready for some smooth sailing? Call us before you capsize !

Austin Note Buyer