Seniors Using Equity for Retirement

More Seniors are Using Their Equity for Retirement Funds

As more seniors are tapping into equity to fund their retirements, companies like My Reverse Mortgage Pro are seeing a bigger share of the mortgage market.

Carlsbad, CA (PRWEB) September 13, 2007 -- While many mortgage lenders are seeing big slumps in their lending business, reverse mortgage brokers such as My Reverse Mortgage Pro are seeing their business booming. The reverse mortgage is a lending option for seniors over the age of 62 who own their home. This type of loan uses the home as collateral, and helps provide money for retirement which can be used for any necessary costs that arise during those years.

Reverse mortgage loans are definitely on the rise. Last year, reverse mortgages rose by nearly 10 percent on a dollar basis in the second half of the year, according to the Mortgage Bankers Association. The total number of reverse mortgages rose by approximately 20 percent during the year, in fact, and these numbers are looking to repeat themselves by the end of 2007. Between 2000 and 2006 the number of reverse mortgages increased tenfold, according to the Federal Housing Administration.

My Revere Mortgage Pro is a group of lenders providing these important mortgage options, which more seniors are taking advantage of. This segment of the mortgage market is seeing tens of thousands of seniors taking out reverse mortgages each year - last year it was approximately 76,000 seniors, and lenders at My Reverse Mortgage Pro are sure that more seniors in the nation will be using their services this year.    

More brokers are specializing in these types of mortgages to gear up for the increased number of reverse mortgage customers in coming years. The cost of living continues to increase while many baby boomers reach retirement, so more people in the over-62 age bracket are using reverse mortgages to gear up for their golden years. Reverse mortgages can be used to get a lump sum of cash, or monthly stipends for various periods of time. The reverse mortgage does not need to be paid back until the end of the loan, or until the homeowners cease to live in that home.

Americans over the age of 62 hold an estimated $4.3 trillion in home equity, according to a recent report by the National Reverse Mortgage Lenders Association. With many baby boomers questioning whether they have enough money in their savings and investments to last through their retirement years, reverse mortgages should continue to grow.

For more information about reverse mortgages, visit www.myreversemortgagepro.com.

About My Reverse Mortgage Pro:

MyReverseMortgagePro.com is dedicated to providing reliable, complete and easy-to-use information about reverse mortgages for people over the age of 62. MyReverseMortgagePro.com also brings together the most suitable mortgage lenders with clients who are interested in revere mortgages. MyReverseMortgagePro.com provides as clear a picture as possible about the different types of reverse mortgages available. And for those who can't find the answer, they are ready to help with any information they need.

Press Contact: Mike Cheslar
Company Name: EVisibility
Phone: 877.728.4822
Website: http://www.myreversemortgagepro.com/

New Breakthrough Service to Help Sell Homes Fast

WeBuyHouses.com Provides New, Breakthrough Service to Help Sell Homes Fast

When most people think of selling their house, they think of the long process of getting an agent, showing the house, and negotiating with potential buyers. Newly launched WeBuyHouses.com has introduced a service that splits home selling troubles in half by connecting sellers with home investors who will buy your home fast, and often pay cash for it as well.

Boca Raton, FL (PRWEB) January 19, 2008 -- Most homeowners love their home, which of course, is probably why they bought it in the first place. Sometimes, however, life happens--career changes, military moves, or even less fortunate situations come up--and those very homeowners find themselves in situations where they must sell their home right away. There are many options for homeowners to consider when they find they must sell their home fast. Perhaps one option that gets some of the fastest results is the newly launched WeBuyHouses.com.

WeBuyHouses.com is a home investment site designed for people whose goal is to sell and get cash for their homes quickly. Regardless of the size, price, or condition of the home, or even for the reason of the sale, this company is a good choice to get the sale done fast. The real estate agents there have the necessary experience to help homeowners accomplish this goal--no matter where the home is located. They have home investors in every city of the US who are ready and willing to help.

One of the main goals for their business is not just selling homes; it's about making the sale as quick and easy as possible for the home owner. This is a goal they take very seriously because the agents at WeBuyHouses.com understand how stressful selling a home can be--especially when people need to sell fast. They really aim to relieve the frustrated and anxious feelings that often accompany real estate sales.    

WeBuyHouses.com has a very user friendly website set up so that potential clients can see what the agents do there and how the company works. There are also great customer testimonials that speak of how simple it was for them to sell their home through We Buy Houses.

They make the process easy. All an interested seller has to do is visit their website, read what they are all about, and then fill out a short contact form. The contact form is secure, protected from spammers, and does not get placed on alternate mailing lists. An agent will contact that person and get the process moving. In fact, it is not unusual for them to be able to make a written offer within hours of making their initial contact.

Whatever the reason for needing to sell, WeBuyHouses.com makes the process quick and easy.

For more information on WeBuyHouses.com, don't hesitate to visit their website at http://www.webuyhouses.com.

Press Contact: Chris Hartwell
Company Name: We Buy Houses
Phone: 888-220-7361
Website: http://www.webuyhouses.com

Spring Break for Real Estate Investors

Austin is the 'Spring Break' Destination for Real Estate Investors Eager to Earn Mobile Home Millions

This April, hundreds of real estate investors will descend on Austin, Texas for Mobile Home Millions 6, the premier annual event for mobile home investors and industry professionals. Mobile Home Millions is a three-day knowledge and networking event presented by MobileHomeUniversity.com, the Internet's leading website for mobile home and mobile home park investor education.

Austin, TX (PRWEB) January 17, 2008 -- While millions of teens storm the beaches of Fort Lauderdale, savvy real estate enthusiasts will be heading to Austin, Texas for Mobile Home Millions 6 and a spring break dedicated to the art and science of mobile home investing. Mobile Home Millions 6 ('MHM6') is an intensive three-day knowledge and networking-focused event presented by Mobile Home University, the leading online website for mobile home and mobile home park investor education. This year's event will be held from April 18-20 at the Sheraton Austin Hotel, in the heart of Austin, TX.

Now in its sixth year, the Mobile Home Millions conference has established a powerful legacy of helping new investors get started in the business and existing investors increase the profitability of their investments. This year's event will be no different. Mobile Home Millions 6 will cover a wide range of subjects including how to get started with mobile homes and mobile home parks, how to obtain financing, and how to turn part-time investing efforts into a full-time passive income. In addition to the educational information parsed out during the numerous educational sessions, one evening of the long weekend will be devoted to one-on-one brainstorming with the experts. The event also includes a number of networking opportunities that will allow conference participants to build relationships with real estate entrepreneurs and investors from all over the country.

The MHM6 roster of speakers will include industry legend Lonnie Scruggs, the 'father' of the used mobile home industry, as well as Dyches Boddiford, Steve Case, Blake Donaldson, Tony Colella, Pete Youngs, and others. "Mobile homes and mobile home parks can be tremendous financial assets," reports Corey Donaldson, one of conferences featured investment gurus and co-founder of Mobile Home University. "Just ask Warren Buffett."

Follow The Leader
Since 2003, Warren Buffett has become the nation's number one manufacturer and holder of mobile homes notes by acquiring Clayton Homes for a cool $1.7 billion and bankrupt Oakwood Homes in 2004. "Manufactured housing...can deliver very good value to home purchasers,'' he explained in his 2003 shareholder letter. "Indeed, for decades, the industry has accounted for more than 15% of the homes built in the U.S.''

Mobile home parks, also referred to as manufactured home communities, are "a perennially stable real estate investment, as evidenced during 2006, by its improving 91.3 percent national average occupancy rate and attractive 41.1 percent average operating expense ratio." (Source: Allen Report, an analysis of more than one-quarter of the approximately 500 portfolio 'known' owners and operators of land-lease communities in the U.S. and Canada)

Rich Man, Poor Man
Donaldson is quick to point out that, "You don't need Warren Buffett's deep pockets to invest in mobile homes and mobile home parks." Whether you have cash, equity, or are "willing to put in sweat equity," says Donaldson, it is possible to use mobile home investments to create a lifetime of cash flow. "But you do need a solid foundation and education in the business."

For more information about Mobile Home Millions 6 or to learn more about the educational resources offered by MobileHomeUniversity.com, visit http://mobilehomeuniversity.com/mobilehomemillions/.

About Mobile Home University
www.MobileUniversity.com is the leading online website for mobile home and mobile home park investor education, providing hard-hitting advice and information to investors about the mobile home industry. Mobile Home University presents a full range of teleseminars, bootcamps, and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free articles, an active forum, and a topical and timely blog, as well as opt-in to a free investor's ezine.

Press Contact: Blake Donaldson
Company Name: Mobile Home University
Phone: 858-964-0870
Website: http://mobilehomeuniversity.com/mobilehomemillions/

Financial Portal Adds Domestic International Financing

Online Financial Portal Adds Domestic, International Financing

In addition to providing an online mortgage broker directory and residential loan help, LendingGateway.com now provides funding for Commercial projects in the US, Mexico, and Costa Rica.

San Diego, CA (PRWEB) January 14, 2008 -- LendingGateway.com is pleased to announce additional financial services including funding preconstruction and commercial loans in the United States, Mexico and Costa Rica. The addition of domestic and international commercial lending allows LendingGateway.com to service virtually any financial sector including credit debt repair, auto financing, insurance, tax debt relief, home purchase and refinance, and now international and domestic pre-construction and commercial loans.

"Our unique relationships with international lenders, hedge funds, industry contacts, and individual investors are key in getting challenging deals funded quickly whether the property under development is in the US or Mexico," remarks Alexander Capio, CEO of LendingGateway.com. "Our network offers us some really flexible and rapid financing of virtually any type of property in the US, Mexico, or Costa Rica. We're currently building out a European operation so we can become a truly international operation."

In addition to negotiating commercial loans and funding domestic residential loans, LendingGateway.com provides leads to the mortgage industry. "Of course we are still a major lead generator for mortgage and finance verticals including mortgage purchase and refinance, debt consolidation, auto finance, tax debt help, and various types of insurance," explains Sales Executive Ashley Noonan, "we continue to sell real time leads to the industry. Many of my client companies depend on our marketing efforts for their survival. We still provide a lender directory for consumers to shop as well as sending quality leads to banks, lenders, branches, and loan officers. And now, with all the marketing we're doing for commercial loans we are signing up lots of commercial lenders on both cost per lead and revenue share models to provide them with inbound calls."

LendingGateway.com's unique lender and investor relationships allow for funding of international loans in Mexico and Costa Rica up to $300 million and funding of domestic commercial loans up to $150 million. The company plans on being able to fund internationally up to $500 million by Q2 2008 as they add more investors and hedge funds to their list of partners.

Companies and individuals seeking help with a commercial loan simply fill out a short commercial loan application. Companies and individuals who are looking to put together funding in Mexico or Costa Rica can apply for an international loan here. LendingGateway.com's proprietary software quickly matches the party applying with a lender who will be able to fund the loan in the most advantageous and timely manner.

LendingGateway.com is a privately owned online advertising company working with lenders and consumers. Borrowers can get help with their loans by visiting to sign up for lender services or call toll-free (888) 278-4792.

Press Contact: Scott Olson
Company Name: Lending Gateway, LLC
Phone: 760-717-3470
Website: http://www.lendinggateway.com/index.html

Want To Sell Your House Fast?

Need To Sell Your House Fast? Breathe A Little Easier

SellHouseAmerica.com is offering a brand new service that connects home sellers to professional home buyers throughout the United States. Home sellers provide SHA with some basic information about the house or property they need to sell and it is instantly made available to a buyer looking for real estate in that area.

Philadelphia, PA (PRWEB) January 11, 2008 -- For homeowners who need to sell their homes fast, http://www.sellhouseamerica.com offers a new online service connecting motivated home sellers with motivated home buyers. Finding a professional homebuyer may be just a click of your mouse away.

The grim outlook of the current real estate market has more than a few homeowners worried. For the average homeowner things may not be as bad as it is for a growing number of Americans who are couple late payments away from foreclosure. "We can help homeowners who not only want to sell, but need to sell, find a buyer fast," says Jon Christopher of SellHouseAmerica.com. If you are looking for a way to stop foreclosure, submit your information.

What does one do when they need to sell a house fast? The saying "You can lead a horse to water but you can't make him drink" comes to mind. Just a few years ago, simply putting a sign in the front yard would guarantee a quick sale. Those days are long gone; homeowners are at the mercy of buyers who are in no rush to buy. SellHouseAmerica.com puts home sellers in contact with professional home buyers who are looking for houses to buy in their local area.

If you want to sell fast, you must be prepared to sell at a discount when dealing with real estate investors. "The average investor is someone who relies on buying and selling homes as their income," says Jon Christopher, also a real estate investor, "Prepare to offer your home at a significant discount." Even if you have little or no equity in your home and you need to sell, a "short sale" can be done in many cases. This is when a real estate investor contacts the bank or mortgage company to negotiate a discount. A short sale is a very effective tool for someone who needs to stop or prevent foreclosure and preserve their credit.

Homeowners looking to sell a house fast can fill out a simple form with some basic information, and if it fits what an investor is looking for, they may be contacted immediately. Real estate investors subscribe to receive the homeowners information from different territories or metro areas by paying a small monthly fee. Investors are encouraged to use ethical business practices or can risk losing subscription rights to their area.

Sitting around and waiting for a house to sell can sometimes be out of the question, especially when a few months could result in losing your house. Contacting SellHouseAmerica.com can increase the odds of selling a house by connecting professional buyers and sellers of all types of real estate throughout the United States. Investors looking for real estate leads are encouraged to visit the site for more information and subscription prices.

About Sell House America:

SellHouseAmerica.com is offering a brand new service that connects home sellers to professional home buyers throughout the United States. Home sellers provide SHA with some basic information about the house or property they need to sell and it is instantly made available to a buyer looking for real estate in that area.

Contact:
Sell House America LLC
888-752-7056
http://www.sellhouseamerica.com
Email Us: info(at)sellhouseamerica.com

Press Contact: Jonathan Christopher
Company Name: Sell HouseAmerica LLC
Phone: 267-342-1856
Website: www.sellhouseamerica.com

National RAL Program Launched By Homes.org

homes.org Launches National RAL Program

Exciting Offerings Target Pre Movers at Key Timeframe

Fort Lauderdale, FL (PRWEB) October 3, 2007 -- homes.org, a leading consumer destination focused on lowering the cost of living for consumers by providing valuable cost savings, information and services, officially announced the launch of 3 new media offerings at homes.org Booth #1925 at the DMA07 Conference and Exhibition on October 13-17, 2007 at McCormick Place West, Chicago, IL.

Launching in October 2007, the homes.org Pre-Move RAL reaches future homeowners 3-4 weeks prior to their move. During this timeframe credit worthy movers are ready to spend, are making new purchasing decisions. These categories include Home Goods such as appliances, bedding, furniture and Home Services including security, home improvement, landscaping, as well as banking, electronics, Internet Service among others.

With the success of the homes.org FIRST-IN-HOME™ New Mover RAL envelope launched in February 2007, homes.org announces these new offerings with great anticipation. homes.org in-house national data repository captures all single family dwelling new movers without duplication.

The homes.org RAL offerings are a cooperative direct mail advertising solution with a new homeowner marketing focus. This envelope program is designed as a glossy modern RAL Program advertising envelope that utilizes its relationships with nationally recognized brands to offer cost effective targeted marketing solutions.

About homes.org:
homes.org is a leading consumer destination providing immediate access to valuable cost saving information and services that lower the cost of living by utilizing the homes.org One Destination, Unlimited Possibilities® platform. homes.org offers an innovative, time saving concierge service to assist consumers with complimentary utility connections and transfers as well as offering consumers an unmatched selection of essential home products and services to fit their specific needs. Through the homes.org website, consumers have immediate access to neighborhood and city statistics, current home values, local school information, comparison shopping and much more. To learn more, visit www.homes.org/envelope.aspx or email email protected from spam bots.


Press Contact: TAMAR BURTON
Company Name: homes.org
Phone: (954-657-9611)
Website: www.homes.org/envelope.aspx

Investor Ranks Cash Flow Markets

NuWire Investor Ranks Top 10 Cash Flow Markets for 2008

NuWire Investor recently published its top 10 cash flow markets for real estate investors.

Bellevue, WA (PRWEB) January 7, 2008 -- NuWire Investor, an online financial news publication, recently released its rankings of the Top 10 Cash Flow Markets for 2008.

Appreciation is often the most significant form of profit for real estate investors, but it is harder to determine and higher in risk. Cash flow alone, rather than any potential for future appreciation, was used in ranking this list.

Rankings were determined based on an adjusted average rent payment for the area according to the rental vacancy rate. This value was compared to the amount spent monthly on mortgage payments and upkeep, including utilities, taxes and insurance. Mortgage payments were estimated based on an average loan and the median cost of a home in the area. Statistics were gathered from U.S. Census data.

Despite a slight population decline in the last few years, Rochester, N.Y., ranked number one because of its affordable housing prices, and low monthly upkeep and mortgage costs. Several Southern cities also made the list, including three from Texas. Texas also has an affordable housing market and many foreclosure opportunities for investors, particularly in San Antonio.

The Top 10 Cash Flow Markets are:

1. Rochester, New York
2. Montgomery, Alabama
3. Birmingham, Alabama
4. San Antonio, Texas
5. Garland, Texas
6. Buffalo, New York
7. Corpus Christi, Texas
8. Shreveport, Louisiana
9. Detroit, Michigan
10. Philadelphia, Pennsylvania

To view the full rankings, visit http://www.nuwireinvestor.com/articles/top-10-cashflow-property-markets-51396.aspx

NuWire Investor provides investment news on a range of alternative investment topics, such as U.S. and international real estate, tax liens and deeds, lending, franchising and others. For more information, and to access additional analysis, research, commentary and expert interviews, see NuWireInvestor.com.

Press Contact: Marie Langhout
Company Name: NuWire, Inc.
Phone: 888.588.7826
Website: http://www.nuwireinvestor.com/

Pet Furniture Range Available

Full Range of Pet Furniture Available at GetPetSavvy.com

GetPetSavvy.com, an online pet food and pet products store, offers full range of quality pet furniture for dogs, cats, bird and small animals like rodents and reptiles. In addition to pet furniture, the online pet supplies store also provides a wide range of dog products, cat products, dog and cat food, fish supplies and small animal products. GetPetSavvy.com also offers trusted pet advice for all pet care and pet food queries.

Franklin Lakes, NJ (PRWEB) December 22, 2007 -- GetPetSavvy.com, an online pet food and pet products store, offers full range of quality pet furniture for dogs, cats, bird and small animals like rodents and reptiles. In addition to pet furniture, the online pet supplies store also provides a wide range of dog products, cat products, dog and cat food, fish supplies and small animal products. GetPetSavvy.com also offers trusted pet advice for all pet care and pet food queries.

"Pets spend roughly 60% of their time sleeping and the rest 40%, playing. Proper pet furniture, for both playing and sleeping, is essential for the well being of your beloved pets. We realize the importance of quality pet furniture for the health and happiness of pets and therefore our range of pet furniture is made of premium quality materials and designed for providing maximum comfort and coziness," says Mrs. Annette Derisi, Senior Manager of GetPetSavvy.com. "We offer all imaginable shapes, types and colors of cat and dog furniture, which will not only keep your best friends happy, but also look good in your home."

GetPetSavvy.com, an online pet supplies store designed by BizAtomic, offers quality pet furniture for dogs, cats, birds and small animals at discounted prices. All kinds of cat and dog beds, scratching posts, cat condos, carriers, bird perches and small animal habitats, among others, are available. In addition to cat and dog furniture, GetPetSavvy.com also offers fish aquariums, pond supplies, bird food, bird supplies, dog and cat leashes and collars. All products featured on the site have been designed and tested by pet experts.

"I love the fact that GetPetSavvy.com's cat furniture matches the interiors of my home so well and Fluffy loves her cozy bed so much, she refuses to leave it ever," says Vivian L., a regular customer.

"A huge number of pet stores have mushroomed recently, and while their products are in no way inferior, they do lack experience. This is where GetPetSavvy.com is different. We have over 25 years of experience in pet care. Our pet food and pet products are designed and tested by experts. Therefore we have no qualms in assuring you that when you associate with GetPetSavvy.com, you will have the most happy and healthy pet in the neighborhood," says Mrs. Annette Derisi with a smile.    

To view the pet products and to gain detailed information about various pet furniture offered, visit the site at - www.GetPetSavvy.com.

About GetPetSavvy.com:
GetPetSavvy.com is an online pet products and pet food superstore offering all kinds of cat products, dog products, cat and dog food and bird products at discounted prices. Owned by Ferrisi Worldwide, the website features pet care related articles and strives at giving the most current product knowledge and pet care advice possible with the help of their pet care experts. With over 25 years of experience in pet care as well as online purchasing, the GetPetSavvy team offers products that have been designed, tested and used by pet specialists.

A wide range of pet products including, but not limited to, grooming tools, toys and sleeping bags are available at GetPetSavvy.com. As a Holiday season special, the online pet store is offering a free toy or accessory with every purchase over $40.00.

Press Contact: Annette Derisi
Company Name: Ferrisi Worldwide
Phone: 877-977-2889
Website: www.getpetsavvy.com

Florida Foreclosures Increase 35%

South Florida Foreclosures Increase 35 Percent in 2007

Broward and Miami-Dade counties both see over 13,000 foreclosures.

Mt. Pleasant, PA  -  January 3, 2008 -- Default Research, the premier provider of lis pendens data in South Florida, is reporting that foreclosures are up 35 percent in 2007 in that area.    

According to Default Research, in Broward and Miami-Dade 1.75 percent and 1.45 percent respectively of households entered some phase of the foreclosure process in the last 12 months. Also in 2007, Broward saw foreclosures increase by 66 percent, while Miami-Dade had an increase of 27 percent.

"There is no end in sight for Florida foreclosures in 2008," said Serdar Bankaci, President/CEO of Default Research. "Median home prices are still decreasing as home inventories increase. That is a recipe for more foreclosures in South Florida. Last year we saw an average of about 220 foreclosures daily in our extensive coverage area in Florida."

Across the Sunshine State, the average median home price is $221,000. However, in the much more expensive South Florida, the average median home price in Broward and Miami-Dade is $346,800. The larger price tags for the properties in South Florida have, however, actually hurt the market and recovery.

"Many investors have been burned by the foreclosure crisis and are just walking away from the properties in South Florida," said Bankaci, who lists foreclosure sales two to three weeks ahead of the competition. "South Florida foreclosures will continue to rise as more ARMs reset and people are unable to make their payments. My statistics are showing that our bank foreclosure list will continue to grow and it is unlikely that South Florida will exit the foreclosure crisis in 2008."

Bankaci knows firsthand about the South Florida market because he lived there in 2004. He witnessed the "incredible" price increases and watched the number of condominiums increase almost daily. Unfortunately as the housing unit numbers grew, the demand and money began to decrease.

"There is significant demand for rental properties," said Bankaci, who offers his clients the freshest and most accurate foreclosures lists. "I urge our customers to buy and rent out properties while they weather the foreclosure storm. With foreclosure real estate selling for discounted prices, investors are buying properties, renting them and already getting a return on their investment."

Default Research is Florida's leader in foreclosure research. More information about Default Research can be found at its Web site: www.defaultresearch.com.

If you would like to learn more about this topic, or schedule an interview with Serdar Bankaci, please contact Josh Chernikoff at joshc @ defaultresearch.com.

Contact:
Josh Chernikoff
Default Research
Phone: 1-888-211-8396 x705
Email: JoshC @ defaultresearch.com


Press Contact: Josh Chernikoff
Company Name: Default Research Inc.
Phone: 1-888-211-8396 +705
Website: www.defaultresearch.com