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| Steve Dexter Gives a Shameless Plug that Also Provides Valuable Real Estate Loan Information in this Nov. 2006 Article |
November 8, 2006
Good Day!
This is a shameless plug, but in the process you will learn more about how to become a wise
loan consumer.
With my book, Real Estate Debt Can Make You Rich, now out in the bookstores, I thought you
might want to have a spot of it for free later in this E-Newsletter. . If you like this excerpt, I want
you to go down to your local bookstore right now and buy it or go to www.amazon.com <http:
//www.amazon.com> and get it by mail. I hope you enjoy it and prosper from it.
While attending the National Association of Realtors convention in New Orleans this Saturday
I will be interviewed by Doug Stephan's “Good Day Weekend Radio” (www.dougstephan.com
http://www.dougstephan.com at 6AM EST. On this hour-long radio program, which is
carried in 455 markets nationwide, we will be talking about strategies to make you wealthy by
the use of debt and where the hot areas are in this country. If you don't want to get up that
early, that interview will be pod cast later on my website www.richdebt.com <http://www.
richdebt.com> as well as the talk I did earlier this week with Rich Dad Advisor Ken McElroy on
Entrepreneur Radio.
Don't worry, I am not leaving you. You can still call me at 949-494-1676 if you need help with
your real estate. That phone number goes straight to my cell phone. Those of you that know
me know that I return my messages promptly. Still you can phone my assistant Gretchen
Hooks if you have loan needs (949-215-8888). You will find her to be very customer friendly
and knowledgeable about your loan needs.
We want to help as many people as possible.
I now do loans in: AZ, CA, CO, CT, DC, FL, HI, ID, MD, MI, MN, NV, OR, UT, VA, WA.
Dexter Maxim #1
Astute real estate investors love to keep in touch with happenings of the US economy
because they can take advantage of trends before anybody else. If you follow the herd, you
will be a cow. Investors who think for themselves become mavericks. And they become
wealthy.
At Your Service,
Steve Dexter
949-494-1676
P.S. I HAVE GREAT LOAN PROGRAMS- 50 YEAR FIXED RATE, INTEREST ONLY LOANS,
100% PURCHASE, NO PMI, 5% INVESTOR LOANS, 100% CASH OUT REFIES AND MANY
MORE
Be a Wise Loan Consumer:
For the novice or very astute loan consumer, I give you the Dexter's Top Five Tips
on getting a loan
1. Never sign a contract without knowing and understanding the terms of your loan.
When signing your loan documents, the 2 most important papers to pay attention to
are the Note (the official contract between you and the lender) and the Final
Closing Statement (HUD-1) from the closing agent where all costs are finalized. Pay
close attention to any document that has numbers on them.
2. Beware of door to door, internet or phone solicitations. If you did not seek them
out, why are they seeking you out? Answer: More money for them
3. Never allow yourself to be pressured into a loan. I always tell people what is
going on up front so they know all their loan options and there are no surprises at
the closing table
4. Make sure you can afford the proposed payments. Do not agree to payments you
cannot comfortably make.
5. Only deal with real estate providers you feel comfortable with. Get referrals from
your friends or from trusted real estate professionals.
Good Day!
This is a shameless plug, but in the process you will learn more about how to become a wise
loan consumer.
With my book, Real Estate Debt Can Make You Rich, now out in the bookstores, I thought you
might want to have a spot of it for free later in this E-Newsletter. . If you like this excerpt, I want
you to go down to your local bookstore right now and buy it or go to www.amazon.com <http:
//www.amazon.com> and get it by mail. I hope you enjoy it and prosper from it.
While attending the National Association of Realtors convention in New Orleans this Saturday
I will be interviewed by Doug Stephan's “Good Day Weekend Radio” (www.dougstephan.com
http://www.dougstephan.com at 6AM EST. On this hour-long radio program, which is
carried in 455 markets nationwide, we will be talking about strategies to make you wealthy by
the use of debt and where the hot areas are in this country. If you don't want to get up that
early, that interview will be pod cast later on my website www.richdebt.com <http://www.
richdebt.com> as well as the talk I did earlier this week with Rich Dad Advisor Ken McElroy on
Entrepreneur Radio.
Don't worry, I am not leaving you. You can still call me at 949-494-1676 if you need help with
your real estate. That phone number goes straight to my cell phone. Those of you that know
me know that I return my messages promptly. Still you can phone my assistant Gretchen
Hooks if you have loan needs (949-215-8888). You will find her to be very customer friendly
and knowledgeable about your loan needs.
We want to help as many people as possible.
I now do loans in: AZ, CA, CO, CT, DC, FL, HI, ID, MD, MI, MN, NV, OR, UT, VA, WA.
Dexter Maxim #1
Astute real estate investors love to keep in touch with happenings of the US economy
because they can take advantage of trends before anybody else. If you follow the herd, you
will be a cow. Investors who think for themselves become mavericks. And they become
wealthy.
At Your Service,
Steve Dexter
949-494-1676
P.S. I HAVE GREAT LOAN PROGRAMS- 50 YEAR FIXED RATE, INTEREST ONLY LOANS,
100% PURCHASE, NO PMI, 5% INVESTOR LOANS, 100% CASH OUT REFIES AND MANY
MORE
Be a Wise Loan Consumer:
For the novice or very astute loan consumer, I give you the Dexter's Top Five Tips
on getting a loan
1. Never sign a contract without knowing and understanding the terms of your loan.
When signing your loan documents, the 2 most important papers to pay attention to
are the Note (the official contract between you and the lender) and the Final
Closing Statement (HUD-1) from the closing agent where all costs are finalized. Pay
close attention to any document that has numbers on them.
2. Beware of door to door, internet or phone solicitations. If you did not seek them
out, why are they seeking you out? Answer: More money for them
3. Never allow yourself to be pressured into a loan. I always tell people what is
going on up front so they know all their loan options and there are no surprises at
the closing table
4. Make sure you can afford the proposed payments. Do not agree to payments you
cannot comfortably make.
5. Only deal with real estate providers you feel comfortable with. Get referrals from
your friends or from trusted real estate professionals.
 | |  | |  | |  | |  | |  |
|
Fact: #1 2.2 Million Foreclosures nationwide are forecast over the next two
years.
Fact: #2 Bank foreclosures in California have exploded TEN-FOLD this year
for just one major lender!
Bad loans the banks made will be where the deals will be for years. Will you be ready for
the Next Great Buying Opportunity? In his authoritative book on the subject, Beat the
Banks, Steve Dexter teaches you how many foreclosures there will be, how quick they’re
coming and how that will affect prices. And he will teach you where to find them!
I will teach you:
• The Hidden Secret to finding foreclosures Ahead of the Pack
• The Top Five Factors that determine the bank’s willingness to sell
• How to profit by finding out WHERE the bank made all those bad loans
• What REOs you should buy and what you should NOT buy
• The Top 5 Ways to buy at discount
• If you buy REOs now, what your future wealth will be five years, ten years
and twenty years from now
Welcome to the new era, a new time in the real estate market where the hugest distress is
not predominately felt by homeowners in foreclosure. It is the banks, the lenders, hedge
funds on Wall Street and the American economy that are in turmoil. The lenders have all
the deals. And many more are coming. Banks, lenders and industry officials use the word
"staggering" to describe the number of loans whose teaser and fixed rates will expire soon
-- up to $1.5 trillion in loans this year, according to the Mortgage Bankers Association.
The projected foreclosure rate -- higher than during the oil bust of 1987 -- poses a
significant threat to the housing sector, and possibly to the nation's economy if it spurs
consumers to maintain a tight grip on their wallets.
Some people may be scared, particularly for those who have one of these--what I call--
Frankenstein Loans. A very large number of homeowners will see their loan payments soon
explode to monster-like levels. Too many people who got these loans are unprepared for
the future consequences of what kind of loan choice they made.
It is too late for them because they:
1. Did not read my first book, “Real Estate Debt Can Make You Rich”
2. Were ill-informed by loan sharks that did not see fit to explain the good and
bad of how these loans work.
Their future is set in stone because many will not be able to refinance since their interest
rates will be higher and their equity is up in smoke.
Other chapters that you that will add to your ability to take advantage of this once in a
generation opportunity:
• Ten Ways on How to Find Out Who To Talk To
• How to Find Out How Badly the Bank Wants To Sell
• Flipping REOs for Fun and Profit
• Where to Buy Bank Foreclosures in Areas That Will Boom the Most
I say don’t be scared, read my book and get excited. Never before have we seen a real
estate downturn fueled by Frankenstein, and never again will we see such a tremendous
transfer of wealth.
years.
Fact: #2 Bank foreclosures in California have exploded TEN-FOLD this year
for just one major lender!
Bad loans the banks made will be where the deals will be for years. Will you be ready for
the Next Great Buying Opportunity? In his authoritative book on the subject, Beat the
Banks, Steve Dexter teaches you how many foreclosures there will be, how quick they’re
coming and how that will affect prices. And he will teach you where to find them!
I will teach you:
• The Hidden Secret to finding foreclosures Ahead of the Pack
• The Top Five Factors that determine the bank’s willingness to sell
• How to profit by finding out WHERE the bank made all those bad loans
• What REOs you should buy and what you should NOT buy
• The Top 5 Ways to buy at discount
• If you buy REOs now, what your future wealth will be five years, ten years
and twenty years from now
Welcome to the new era, a new time in the real estate market where the hugest distress is
not predominately felt by homeowners in foreclosure. It is the banks, the lenders, hedge
funds on Wall Street and the American economy that are in turmoil. The lenders have all
the deals. And many more are coming. Banks, lenders and industry officials use the word
"staggering" to describe the number of loans whose teaser and fixed rates will expire soon
-- up to $1.5 trillion in loans this year, according to the Mortgage Bankers Association.
The projected foreclosure rate -- higher than during the oil bust of 1987 -- poses a
significant threat to the housing sector, and possibly to the nation's economy if it spurs
consumers to maintain a tight grip on their wallets.
Some people may be scared, particularly for those who have one of these--what I call--
Frankenstein Loans. A very large number of homeowners will see their loan payments soon
explode to monster-like levels. Too many people who got these loans are unprepared for
the future consequences of what kind of loan choice they made.
It is too late for them because they:
1. Did not read my first book, “Real Estate Debt Can Make You Rich”
2. Were ill-informed by loan sharks that did not see fit to explain the good and
bad of how these loans work.
Their future is set in stone because many will not be able to refinance since their interest
rates will be higher and their equity is up in smoke.
Other chapters that you that will add to your ability to take advantage of this once in a
generation opportunity:
• Ten Ways on How to Find Out Who To Talk To
• How to Find Out How Badly the Bank Wants To Sell
• Flipping REOs for Fun and Profit
• Where to Buy Bank Foreclosures in Areas That Will Boom the Most
I say don’t be scared, read my book and get excited. Never before have we seen a real
estate downturn fueled by Frankenstein, and never again will we see such a tremendous
transfer of wealth.
|
| Click Here to Buy Beat the Banks by Steve Dexter |
| Steve Dexter's Real Estate Resume |
• Steve is an invited expert commentator
for CNN/Money, CBS Radio, Fox TV and
numerous other newspapers and media
outlets
• He has been a distinguished speaker at
the Harvard Business School, Harvard
Law School and their Graduate School of
Design and has mentored many of their
students about entrepreneurship and real
estate investing. He also has spoken at
Northwestern University’s Kellogg School
of Business Management located in
Chicago.
• He is author of the book “Real Estate
Debt Can Make You Rich” published by
McGraw-Hill. The book was rated one of
the top 5 real estate books of the year by
Bob Bruss, a nationally syndicated
columnist of the Washington Post Media
Group.
• Steve’s has just finished his second
book, “Prospering in the Rising Wave of
Bank Foreclosures.”
• He is also a member and speaker of
NAREE (National Association of Real
Estate Editors),
a professional group of authors and
major newspaper journalists who write
about the national real estate market.
• Since 1990, Steve has worked as a
consultant advising people how to
structure their loans and/or purchase
properties.
• He is President of National Capital
Funding since 1995.
• He teaches courses in investing and real
estate finance at colleges across
Southern California. He writes a free bi-
monthly E-Newsletter, “Economic News
You Can Use”.
• He has personally funded over 500
million dollars in real estate loans.
• He coaches budding real estate agents
and mortgage brokers.
• He writes articles for several national
real estate journals.
• He is an active real estate investor and
owns 27 investment houses in Southern
California and around the country. Steve
Dexter continues to offer mentoring to
hundreds of investors across the nation.
for CNN/Money, CBS Radio, Fox TV and
numerous other newspapers and media
outlets
• He has been a distinguished speaker at
the Harvard Business School, Harvard
Law School and their Graduate School of
Design and has mentored many of their
students about entrepreneurship and real
estate investing. He also has spoken at
Northwestern University’s Kellogg School
of Business Management located in
Chicago.
• He is author of the book “Real Estate
Debt Can Make You Rich” published by
McGraw-Hill. The book was rated one of
the top 5 real estate books of the year by
Bob Bruss, a nationally syndicated
columnist of the Washington Post Media
Group.
• Steve’s has just finished his second
book, “Prospering in the Rising Wave of
Bank Foreclosures.”
• He is also a member and speaker of
NAREE (National Association of Real
Estate Editors),
a professional group of authors and
major newspaper journalists who write
about the national real estate market.
• Since 1990, Steve has worked as a
consultant advising people how to
structure their loans and/or purchase
properties.
• He is President of National Capital
Funding since 1995.
• He teaches courses in investing and real
estate finance at colleges across
Southern California. He writes a free bi-
monthly E-Newsletter, “Economic News
You Can Use”.
• He has personally funded over 500
million dollars in real estate loans.
• He coaches budding real estate agents
and mortgage brokers.
• He writes articles for several national
real estate journals.
• He is an active real estate investor and
owns 27 investment houses in Southern
California and around the country. Steve
Dexter continues to offer mentoring to
hundreds of investors across the nation.
| Contact Steve Dexter |
 | |  | |  | |  | |  | |  |
| Webmaster, Promotion in Motion, brad@promotioninmotion.net |
In the Introduction of the Steve Dexter's new book,
Beat the Banks, he welcomes everyone "to the
new era, a new time in the real estate market when
the hugest distress is not predominately felt by
homeowners in foreclosures. It is the banks, the
lenders, hedge funds on Wall Street and the
American economy that are in turmoil. The
lenders have the deals. And more is coming."
After imparting a host of winning strategies for
making money in foreclosures, Dexter finishes up
the book by stating that "the bottom of the housing
market is likely to last longer than most people
think.
"This protracted REO market will provide
opportunity for astute real estate investors who
have cash, or the means to get it. When you can
buy well-located houses in high-demand
neighborhoods for a fraction of what they were
worth, this reduces the biggest risk in all of real
estate."
Beat the Banks, he welcomes everyone "to the
new era, a new time in the real estate market when
the hugest distress is not predominately felt by
homeowners in foreclosures. It is the banks, the
lenders, hedge funds on Wall Street and the
American economy that are in turmoil. The
lenders have the deals. And more is coming."
After imparting a host of winning strategies for
making money in foreclosures, Dexter finishes up
the book by stating that "the bottom of the housing
market is likely to last longer than most people
think.
"This protracted REO market will provide
opportunity for astute real estate investors who
have cash, or the means to get it. When you can
buy well-located houses in high-demand
neighborhoods for a fraction of what they were
worth, this reduces the biggest risk in all of real
estate."
