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Finally, a system that doesn’t require:

	ANY financial investment (all you need’s a website to literally make up to seven figures a year)
	ZERO experience or technical knowledge (everything is described down to the last detail).
	HUGE amounts of time or effort (set some of these siphons up once and they really WILL bring you huge amounts of free, targeted traffic and cash on autopilot – yes that zero further work whatsoever, I promise.)

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Which would you rather do… bust your tail for three months, maybe netting $80,000 on one big score… or would you rather close 8 easy-to-find pre-foreclosures in only one month for a net of $10,000 each? Either way is $80,000. But one takes three months. The other takes only one… and is a whole lot easier.

Here is a system where you don’t have to work hard. In fact, you hardly even work. It’s all done in VOLUME. And how do you do short sales in volume without working your butt off? 

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The June 30 closing deadline has not been extended…but it was accepted as an amendment to the Tax Extenders Bill. Under the amendment, borrowers who signed purchase contracts by April 30 would be given three extra months to close their loan and still qualify for the Homebuyer Tax Credit. The new deadline would be September 30, 2010.

In a budget “point of order”  vote taken June 16th, the Senate actually voted against the bill that contains the homebuyer tax credit extension amendment. This forces the Senate Finance Committee, chaired by Senator Max Baucus, to rework the overall proposal before another vote is taken.

While this may be a cause of concern for borrowers who are awaiting a clear to close on their loan file, the “unanimous consent agreement” that set up the vote this morning says that any amendments accepted into the Senate Finance committee’s version of the legislation would stand as long as the reworked bill is eventually approved by the Senate. Thus, the homebuyer tax credit closing deadline extension proposed by Senate Majority Leader Harry Reid would stand if the Senate agrees on the reworked version of the proposal. This only applies to the Senate. The House would still need to reconcile.

Philip Blumberg, CEO of Blumberg Capital Partners, said in a note to investors that the real estate cycle is still three or four years from an optimal selling period, so now is the time for investors to buy.  Source: Blumberg Capital Partners (05/19/2010)

The Great Recession ravaged almost every big city across the United States in 2009. Home prices were down in 182 of the 200 largest metro areas, while household incomes fell in 94% of these areas. The employment picture was even tougher: only four areas posted positive job growth with a paltry gain of just 4,300 positions created–combined. The other 196 metros together lost 3.5 million jobs last year.  Click here to see the full list.

by Kurt Badenhausen