Fannie Mae to End Tenant Evictions in Foreclosures

Here's an interesting development in the foreclosure world.....

Darian


Fannie Mae is finalizing a national policy that will allow tenants to remain in their homes even if their landlord goes into foreclosure. Read more at WSJ.com:

http://online.wsj.com/article/SB122929716434005201.html

How to Stay Positive No Matter What

Here's a good article on staying positive & focused on your goals.

ALL WILL BE FINE IN 2009!

Darian


RISMEDIA, Dec. 19, 2008-Now more than any other time in our recent history, it is important that we find ways to stay positive no matter what. Why? Because your success depends on your mindset, not on the economy or on the market... Click link to read more »

http://rismedia.com/wp/2008-12-18/how-to-stay-positive-no-matter-what/

Investor Helpers offers Business Fundamentals 101 For Real Estate Investors in Detroit

Investor Helpers is a Real Estate Investment Consulting firm located in Plymouth, Michigan. Specializing in Real Estate in the Metro Detroit area we can be a valuable asset to beginning investors and experienced investors alike. Our team of consultants can help you make the best decisions and find the best properties to give you the most return for your money. We are best known for our "One Stop Shop" approach to the Real Estate Investing Business and our real estate training seminars and real estate investing workshops give you the knowledge to navigate real estate investing with confidence.

This Month's Topic:WORKING WITH A HARD MONEY LENDER
Presenter:Trent Dalrymple, Northwestern Financial Home Loans
Items discussed in this class include:
•· Why work with a HML?
•· What are some of the rates, terms, and conditions of HML's?
•· What is the Borrower criteria for working with a HML?
•· Open Questions & Answers.

When: Wednesday, January 14, 2009
From 6:30pm to 8:00pm
Where: Investor Helpers' Office
40600 Ann Arbor Rd., Suite 100, Plymouth, MI 48170
Phone: 1-800-290-8372 x7961

Register today through one of the following methods:

Phone: 1-800-290-8372 x7961
Email: support@investor-helpers.com
Website: www.Investor-Helpers.com (Seminars/Workshops area)


(Refreshments Served)

Investor Helpers, a Detroit Area Real Estate Investing Company, Hosts Business Credit Seminar

United States of America (Press Release) December 9, 2008 -- Addressing a packed room of new Real Estate Investors, Business & Financial Services Coach S. Gabriel Shumba discussed the proper ways to go about obtaining Business Lines of Credit from Lending Institutions. From proper legal structure, to filling out the application, Investors were taught the importance of doing business the "right way" when obtaining business credit. Shumba was the main speaker at the December meeting of the 10 part series "Business Fundamentals 101 for the Metro Detroit Real Estate Investor", organized by Investor Helpers, LLC, a Real Estate Investment Consulting firm located in Plymouth, Michigan. Specializing in Real Estate Investing in the Metro Detroit area, they have become one of the most sought after group of experts for what their clients call a "Local One Stop Shop" approach to the Detroit Real Estate Investing Business. Offering real estate training seminars and real estate investing workshops on a regular basis, they also have field consultants to mentor newer investors to help them navigate through the process of real estate investing with confidence.

"As Business owners, it is vital that Real Estate Investors understand how to raise capital for their daily operations. I've spent numerous years in the financial services industry, consulting many of America's Fortune 200 companies, & there is little difference in how these investors should structure and run their business. After all, even the big businesses started out as small businesses," Mr. Shumba said.

Darian Moore, managing partner of Investor Helpers, said "our goal is to provide knowledge & resources to the Detroit Real Estate Investing Community. By assembling a team of local experts to support new investors, we're helping them avoid the many potential pitfalls that come along with this business."

Some of the upcoming classes include:

Free Real Estate Investing Information for the Beginning Investor

When: Tuesday, December 16, 2008
From: 6:30pm to 8:30pm
Where: Investor Helpers, 40600 Ann Arbor Rd., Suite 100, Plymouth, MI 48170

Topics Covered:
- How to get started
- Building your "Team of Resources": Contractors, Title Co., Real Estate Agent, etc..
- Locating funding sources: Hard Money, Mortgage Brokers, Business Lines of Credit
- Becoming an effective Real Estate Investor
- Ways to get started when you have challenged credit

Free Business Fundamentals 101 for Real Estate Investors - The Basics of Working with Hard Money Lenders

When: Wednesday, January 7, 2008
From: 6:30pm to 8:00pm
Where: Investor Helpers, 40600 Ann Arbor Rd., Suite 100, Plymouth, MI 48170

Topic: Working with a Hard Money Lender, Presented by Northwestern Financial

Register for any of these free classes through one of the following methods:

Phone: 1-800-290-8372 x7903
Email: support@investor-helpers.com
Website: www.investor-helpers.com

Free Detroit Real Estate Investing Seminar for Beginning Investors!

Investor Helpers invites you to a Free Real Estate Seminar!

When: Tues. December 16th, 2008 & January 27th, 2009
From: 6:30pm - 8:30pm
Where: Investor Helpers Office
40600 Ann Arbor Rd., Suite 100 Plymouth, MI 48170
Phone: 2.800.290.8372 x7901

Topics covered:
- How to get started
- Building your "Team of Resources":
Contractors, Title Co., Real Estate Agent
- Locating funding resources:
Hard Money, Mortgage Brokers, Business lines of credit, loans
- Becoming an effective Real Estate Investor
- Ways to get started when you have challenged credit

Please bring a list of questions you might have on how to get started.

We'll also be giving a presentation of our Platinum Investors Club, a one-year mentoring program designed to help you learn the Real Estate Investing Business in a fun and exciting environment. With a team of LOCAL experts around you to help guide you around the numerous potential costly mistakes, you'll transition from "Seminar Investor" to "Professional Investor" during the program.

Register today and reserve your spot!

Phone: 1.800.290.8372 x7901
Email: support@investor-helpers.com
Website: www.investor-helpers.com (seminars/workshops)

Refreshments served

Chicken Little Doesn’t Sell Houses

Is the sky really falling for Detroit Real Estate Investing? Of course not! In a "down" market, there's even more opportunity. The enterprising Real Estate Investor will figure it out and continue to be successful..... In fact, this continues to be one of the best times in American History to acquire property (especially in the Metro Detroit Area)..... I hope you enjoy the following article.


Great Investing,
Darian



RISMEDIA, Dec. 9, 2008-”One day, Chicken Little was walking in the woods when-KERPLUNK-an acorn fell on her head. ‘Oh my goodness!’ said Chicken Little. ‘The sky is falling!” Thus begins a timeless tale that seems more relevant each time I read another “authoritative” article positing that the recovery in real estate is years away...... (read the rest of the article here)

http://rismedia.com/wp/2008-12-08/chicken-little-doesnt-sell-houses/

Fannie, Freddie Suspend Foreclosures Over Holidays

I'm sure this is welcome news to many struggling homeowners.... This is good to see, especially during the Holiday Season.

Fannie Mae and Freddie Mac recently announced that they are suspending foreclosures from Nov. 26 through Jan. 9 in order to work on its loan modification plan. The following are the full texts of the releases from the companies.

http://blogs.wsj.com/economics/2008/11/20/fannie-freddie-suspend-foreclosures-over-holidays/

Darian

Who Needs A Bailout

How about a "Bail Out" (or Bridge Loan) for all of the Investors who bought property from 2002-2005 & are now upside down Big Time.... But, seriously now, this is a pretty interesting chart of how many people are impacted by the auto business, according to state.

http://www.freep.com/article/20081202/BUSINESS01/81126099

For the "native" Detroiters, it's been a tough ride for a few years now.... We've seen family & friends lose the income that they've relied on for 20-30+ years. Whatever happens (Gov't loan or not), we hope the Big 3 get back on track sooner rather than later.

Darian