So what's your New Year's Resolution?? Interest Rates ticked up a bit... should we lock or not?

I received much positive feedback on this last post, so I thought I'd resend it to you along with a few additional updates.

I pray you and your families had a joyous Christmas!

What's your New Year's Resolution? Eat Right, Exercise More, Get Organized.... or considering buying or refinancing your home?? This blog will hopefully help you make a good choice if it's regarding home financing!

If you have been considering buying a home or even refinancing, you've probably been asking one of these questions? Should I refinance now? Should I buy now? What if rates go down again? With the economy this way, surely rates will have to drop again? I heard the Feds are going to lower rates again to stimulate the economy, should I wait to lock in an interest rate then? Just since Christmas, mortgage rates have tinged up about 3/8 or .375%. Depending on your loan size, that can make a difference on whether it makes sense to refinance or not.
These are all great questions and very valid. In the past, before all the housing bubble began, the answer to these questions might of been to wait. Times have changed! It's a whole new game in the mortgage world. If you are considering waiting to buy or refinance, below is a few reasons not to:

1. Mortgage Lenders are tightening guidelines to protect against future losses. Mortgage lenders are reducing loan to value limitations. They may require you to have 20% equity or more? If you are an investor or a jumbo borrower, those equity requirements are even higher. Someone who could qualify today, may not be able to qualify tomorrow.

2. The value of your home could decline, maybe it already has and could again? Foreclosures and short sales lower the market value of every home in your neighborhood and surrounding areas. A home that is comparable to yours that ends up selling for less than yours is going to lower your home's value. Lower appraisals lead to higher loan to values and, often, higher mortgage rates.

3. Have you or someone you know lost their job in the last two years? Job losses are happening at a very rapid rate. Many are being laid off as employers fear for the future stability of the company. Many are downsizing to offset lower prof ts (or no profits at all). Without a job and a steady paycheck, lenders won't give you a mortgage loan. I work with Business Fellowship International, a ministry that helps folks get connected and possibly into a new job. If this is you, please email me and I will help you in any way I can.

4. Another rise in cost is mortgage insurance or PMI. This is required if you have less than 20% equity or down payment in your home. PMI is an insurance that protects the lenders in the event of default. Remember hurricane Andrew and the impact it made on the insurance carriers? What's going on in the housing market right now, is comparable to that. Mortgage insurance carriers are raising rates and tightening guidelines as well, making it very hard to qualify or not allowing your payment to drop with the interest rate reductions.

5. What is your credit score? Most people assume their credit is good. But what is good anymore? To get the "preferred" or "going" interest rate, you have to have excellent credit scores, that means over 700 and sometimes over 720/740. Now don't get me wrong, we are still able to do loans under 700, but we would need to review your situation to see if it makes sense for you.

If you are thinking about buying or refinancing, now's the time to do it. The pendulum for mortgage loans has swung from one extreme to the other and it may be a long long while before lenders will consider loosening guidelines again. Financial crisis has it America.

But there is hope! Jeremiah 29:11 says, For I know the plans I have for you says the Lord, plans to prosper you, not to harm you, but to give you a future and a hope. 2 Chronicles 7:14 says If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land. If you have a relationship with the Lord, He will see you through! If you don't, consider asking Jesus into your heart, ask Him to forgive you of your sin and to cleanse you and make you new. He loves you so much and wants only good for you!

So, if your New Year's Resolution is to make a move or refinance your existing home, Jewel and I, the InSight Team, are here to help you make sound choices. We have many valuable resources and offer a variety of mortgage products.

For an Honest Approach to your Home Financing Needs, please give us a call or email us or visit us on the web at www.wantinsight.com.

Blessings Abundant!

Michele "MAC" A. Cole
Business Development
michele@wantinsight.com

Jewel Callahan
Mortgage Consultant
816-510-1399

Economic Troubles - There is a way to turn this around!

Do you believe that you can change the country's economic situation? Galatians 6:7 says: "God is not mocked, whatsoever a man soweth that shall he also reap".

If a corn farmer sows seeds in his field he expects to reap a harvest of corn, what he has planted, right? I would find it odd if he sowed seeds of corn and the harvest came up tomatoes? Wouldn't you?

Just as the farmer sows seed, our country and us consumers have been sowing into materialism, paying for things on credit and buying bigger homes. Check out this article written by Margot Adler with NPR dated 11/20/09. "The average American house size has more than doubled since the 1950s; it now stands at 2,349 square feet. The move toward large homes has been accelerating for years.

Consider: Back in the 1950s and '60s, people thought it was normal for a family to have one bathroom, or for two or three growing boys to share a bedroom. Well-off people summered in tiny beach cottages on Cape Cod or off the coast of California. Now, many of those cottages have been replaced with bigger houses. Six-room apartments in cities like New York or Chicago have been combined, because upper-middle-class people now think a six-room apartment is too small".

When our countries leaders are adding to the nation's debt, why would we do any differently? A dog trainer I once knew said that "intelligence runs down the leash". So we are prone to follow our country's leadership.

However, YOU can make a difference. You can start sowing good seeds and begin to stop spending and start working on paying off debt and downsizing your home. Jesus said it like this, "Even so, every good tree bears good fruit, but a bad tree bears bad fruit. A good tree cannot bear bad fruit, nor can a bad tree bear good fruit. Every tree that does not bear good fruit is cut down and thrown into the fire. Therefore by their fruits you will know them" (Matthew 7:17-20).

If we are hoping for change in this country, we need to examine our own lives first and start planting a seed for change without compromise.

If you don't know where to begin or you just would like additional guidance, please feel free to email me. I have several connections depending on your situation that can help you start this process! It's never too late!

Let the InSight Team, lend insight into your home financing needs.
Jewel Callahan - jewel@wantinsight.com
or Michele Cole - michele@wantinsight.com

Blessings to you!
Michele "MAC" A. Cole
Business Development Rep
The InSight Team
Mid-America Mortgage

What are you thankful for?

This weekend at church, my pastor taught on how to be content. Phil 4 - says that we are to be content in all circumstances. What does that really mean? My pastor shared a story of a lady who was ready to commit suicide because she had lost all hope. Her husband had lost his job, they had kids and wasn't sure how they could pay their mortgage and it seemed very doom and gloom for her and she felt there was no way out. The husband had called their pastor to come over and pray for her. When her pastor got there, he told her to start listing 100 things that she was thankful for. Her immediate reply was - I have nothing to be thankful for. The pastor then replied and said, what about your kids? She said yes, I'm thankful for my kids... and the story continued, she was thankful for her husband, her parents, her church,the rest of her family, her friends, the house she lives in, the food that they have to eat each day.... and so on and so on. With that, she came out of the closet and didn't feel hopeless anymore.

The Lord has been showing me how to be thankful and content in all circumstances. I am very thankful for many things. I sat down and just started giving thanks for everything I'm thankful for and wow the things I take for granted amazed me... such as how beautiful the sky was yesterday, the warm weather, the beautiful fall foliage, my dogs, the house I live in, the wonderful husband I have, the fact we have running water, hot too for showers, the ability to wash our clothes, makeup we get to wear, the hairdryer I use each day, shampoo and soap. The fact is we have so much more than folks in other countries and we are still wanting more more more!

I saw a quote by Zig Ziglar not long ago. He said this "The more you recognize and express gratitude for the things you have, the more things you will have to express gratitude for."

So, how does this relate to being content? Give gratitude and thanks to God for all you do have. Focus on what you have and not on what you don't. As you do, you will see it's very easy to be content. What are you thankful for?

If you are hurting or in need of prayer, please email me.

Michele "MAC" A. Cole
michele@wantinsight.com
The InSight Team

www.wantinsight.com - for more information on home loans

A crop of fake credit histories emerges - Kansas City Star

A crop of fake credit histories emerges - Kansas City Star

Shared via AddThis

I just recently had Julia Jensen from the FBI speak at InSight Mortgage Group's monthly Lunch and Learn about this very topic, credit fraud. The information she shared is absolutely amazing and unbelievable. Desperate times bring even more desperate measures. If you don't want to fall victim or prey to this, please consider using a lender who cares about you and your future. If you are looking for a home loan and a lender who will give you sound biblical advice, contact InSight Mortgage Group. Our focus is not about making dollars and cents, it's about helping you make sound financial choices!! Please give us a call at 913-642-3334 or visit www.wantinsight.com.

RATES ARE LOW, BUT ....

Mortgage rates are low but there are costs associated with acquiring a loan. Those borrowers with less than perfect credit have incurred increased fees recently implemented by Freddie Mac and Fannie Mae. Many of us in the mortgage industry think that with the uncertainty in the mortgage market, other costs will increase as lenders look to reduce their costs and anticipate rates.

Lending standards are really tight which means that borrowers who qualify for the really low rates must meet a strict and narrow set of guidelines.

In general, to get the headline making rates, borrowers are often paying more points, or prepaid interest, that brings the mortgage rate down.

Over the past year and a half there has been many changes in mortgage pricing, and from the borrower’s standpoint, it’s mainly negative. Fees are added based on a borrower’s credit scores according to Fannie Mae and Freddie Mac’s new risk-based pricing. Now, borrower’s must have a FICO score of 740 or higher to avoid the extra fees, according to Dan Green, author of TheMortgageReports.com and loan officer with Mobium Mortgage in Cincinnati. Lenders incorporated the new rules into the rate sheets in the middle of January even though the official effective date is April.

These new fees, Loan Level Price Adjustments, are an unpleasant surprise for some borrowers wanting to take advantage of low rates. These fees create different pricing scenarios from one person to the next. What works for one borrower may cost the next person 1% more.

For those wanting to pull equity from their home through a cash-out refinance, fees have increased as well. And the lenders have added costs to condo financing.

A point is 1% of the mortgage amount, and is charged as prepaid interest. The more in points a borrower pays, the lower the rate. If points rise a bit, it’s a sign that lenders are looking for up front money as opposed to over time, thus covering a portion of their risk.

With government intervention in the mortgage market these days, rates are unpredictable, which generally causes lenders to price conservatively.

Why pay points? A borrower needs to decide whether paying a point (or more) makes more sense for them , or if a mortgage with a higher rate with no points would be better. Factors to consider would be how long does the borrower plan to stay in the home , and how long it will take for buying points to pay off. The more time a borrower plans to remain in the home, the more paying points makes financial sense. In the past one point in fees would buy a drop of 0.25% to 0.375%. These days the percentage is greater, dropping a rate 0.625% to 0.875%.

An example: A 30 yr fixed rate of 5.625% on a $417,000 loan with no points. By buying a point ($4,170), the rate dropped to 4.875%, which saves the borrower $261 monthly in interest cost. With that savings, it takes only 16 months to pay back the buy down. From this point on, everything is a benefit. Given traditional guidelines, the breakeven point would be double that 16 months.

Borrowers are also seeing some fee increases in underwriting and processing. It takes more expertise and work to process a fully documented file than the popular no-document loans of several years ago, thus the higher charges.

Mortgage rate lock fees are also more common. The largest increases in the title & settlement category are in the real estate transfer taxes charged by counties and cities. You may be able to save money when refinancing by using the same title insurance company who closed your first loan. Many title companies have gone out of business, or one company buys out another, so surviving companies are raising prices for title and settlement fees too.

A rule of thumb is that mortgage fees generally run 3% or so of the loan amount.

As a mortgage broker, InSight Mortgage Group has an advantage over the standard lender. We work with many different banks and lenders allowing us to shop around for you to find you the right product and best rate for your home financing. With so many banks and lenders discontinuing loan programs, constantly changing the guidelines or going out of business overnight, it’s good to have other options at our fingertips if the need arises. This keeps you from completely starting over.

Call us at 913-642-3344 for professional, integrity minded help in finding the right loan program for your specific needs. Or, email me at michele@wantinsight.com with your question or concern. My staff and I are ready to work for you. Have a blessed day.

FIRST TIME BUYERS TAX CREDIT, Part 2

The housing industry is generally happy with the $8,000 tax credit for first-time buyers. It improves upon the first credit of $7,500 passed in July, which is similar to a low interest loan as it needs repayment over a period of time and is for first time buyers only. The new tax credit is just that, a refundable credit.

But, the industry is disappointed that Congress did not adopt the Senate proposal of a $15,000 non-refundable credit for all homebuyers. An economist and director of forecasting for the National Association of Homebuilders, Bernard Markstein, stated “The Senate version would have done a lot more to turn around the housing market; we have reports of people who would be coming off the fence because of it”.

An additional 300,000 new homebuyers could come into the market due to the $8,000 credit according to NAR’s (National Association of Realtors) chief economist, Lawrence Yun. Then, a domino effect could be created, because most first-time buyer transactions will generate one or two trade-up purchases. Yun said “ I think there are many homeowners who would be trading up but they have had no buyers for their own homes.”

The first-time buyers who won’t benefit from this portion of the stimulus package are those purchasers without funds for the down payment. Buyers still have to close on the home purchase before claiming the credit.

Missouri is taking action on overcoming the down payment hurdle by creating a short-term loan out of the tax credit of up to $6,750. Missouri would loan purchasers the money to be used as part or all of the needed down payment. Then, after buyers receive their IRS refund, they pay back the state. This unique solution may be adopted by other states.

Another take on the tax credit could be a perception of a “discount” on a home price. An example would be a $120,000 home purchase effectively becoming a $112,000 one, thus reassuring buyers who are nervous about buying and then seeing home values continue to fall.

A second take is that the tax credit refund could provide a cushion for the first few difficult years when unexpected expenses and repairs crop up. Purchases needed for the new home -- a refrigerator, yard equipment, washer/dryer – would help stimulate the economy too.

We are here to help with your home loan questions and concerns. Please call me at 913-642-3334 or email me at michele@wantinsight.com
We look forward to working with you.

SHARP DECLINE IN MORTGAGE RATES FUEL HISTORIC LEVEL OF RATE LOCKS

On Wednesday, November 26, Secretary Paulson announced that the Fed will purchase up to $100 Billion in direct debt of Fannnie Mae, Freddie Mac and Federal Home Loan Banks and buy up to $500 Billion of Mortgage-Backed Securities.

With this news, the spread between Treasury bonds and mortgage-back securities narrowed significantly and fueled a sharp decline in mortgage rates.

So many customers who had been on the sidelines got into the game and locked their rates on refi's and new purchases. So much so, that many lenders announced that they reached recording breaking milestones!

Don't be a benchwarmer, get in the game now while rates remain historically low. Mortgage funds are available; we have a variety of programs to suit your specific needs. Call Michele at 913-642-3334 or email me at michele@wantinsight.com for the most current loan information.

Michele "MAC" A. Cole

913-642-3334

www.wantinsight.com

STAYING PRODUCTIVE

Banish the Doom & Gloom thoughts!

How do we stay productive and motivated during these uncertain economic times, when the media is pounding us with doom and gloom stories? I try to work hard to protect myself from the negativity found daily in the paper, on TV, and over the internet. I don’t advocate a “hide your head in the sand” mentality, but I encourage us all to have faith and work on a more positive attitude.

By living a life of intention - focusing on actions to create the life we want - rather than by reaction, we can better guard ourselves from negativity. There's no sense in spending time on things that are outside of our control. Instead of focusing on the problems, we need to look for solutions. By focusing on what we can control, we can reduce worry and stress, maintaining productivity and keeping our motivation at a higher level.

Through each challenge or difficulty we experience, we need to look for a kernel of benefit or positive direction. We can gain strength through adversity, avoid thoughts of panic, by focusing on a benefit of the situation. It’s a process; adversity moves you along – you can gain strength or you can let it can weaken your resolve.

Look at Thomas Edison. In his development of the electric light bulb he documented 10,000 failed attempts. He was asked by a reporter how it felt to have failed 10,000 times. Edison replied, “I didn’t fail 10,000 times trying to invent the light bulb, I simply documented 10,000 ways that it wouldn’t work.” Where would we be today it Edison had quit?

So with the economy, maybe we accept it “as it is”. Neither bad or good, but look at todays’ situation with openness and interest, rather than fear or panic. We discover that kernel of hope and opportunity. Combine that with determination and personal focus, and we stay productive. A common trait among self-made millionaires is the willingness to persevere when times are tough.

Move the focus from the overall uncertain economic situation to your personal situation and ask “What would responsible action look like?” Do you need to adjust your spending to live within your means? Are you honoring the money you have? Acknowledging the facts of your own life is a powerful starting point for reducing anxiety and taking action that is necessary.

To weather the current economic storm: Focus on the facts of your life, the future you want to create, and take action to make it happen – irrespective of what the news is promoting or what your friends are talking about. Believe in yourself, learn from adversity and grow stronger from it, take inspired action. Create your life of intention!

Our goal at InSight Mortage Group is to provide you with the expertise, education and tools needed in making smart financial decisions and the right mortgage choice for your personal goals. Please feel free to call me, visit my website, or email me at michele@wantinsight.com.

Michele "MAC" Cole
913-642-3334
www.wantinsight.com

HAS THE HOUSING MARKET HIT BOTTOM?

ENCOURAGING NEWS IN KANSAS CITY HOMES MARKET


Want to generate a vigorous discussion at the office or over dinner with friends? Just ask the question: “has the housing market reached bottom yet?” Although the current outlook is a bit sour still, and no one is forecasting a fast national rebound, there are encouraging signs to be seen. The factors that inflated the bubble, speculative pricing and overbuilding, seem to be working their way through the system in various sections of the country.

The good news in Kansas City is that the area’s home sales were up in September and the inventory is down. The Kansas City Regional Association of Realtors reports a drop in new homes on the market. September saw 3,596 new homes listed, which was 27% fewer than in September 2007. And 15,284 existing homes were available in September, which was 7% lower than a year ago. The inventory of both new and existing homes for sale in September was 11% fewer than for the same period last year.

The KCRAR also reports a 15% increase in sales from a year ago for existing homes. The average price of an existing home is $142,966. This is 5% down from a year ago, while the average price of a new home was up 3%, to $291,243.

The Kansas City market is edging towards a balanced market (traditionally a 6 month inventory) with a 7.1 month supply of existing homes at this time. The formula is based on inventory divided by sales pace. The supply of new homes is a 12.5 month level.

It’s important to look at your local real estate market, not the national figures promoted in the media. The national sales figures quoted are brought down by the east & west coast boom and bust markets. (Phoenix, Las Vegas, Miami, So. California cities, etc) If the hard hit areas are removed from the statistical picture, the numbers are much more encouraging. And now that the government passed the recovery plan, the housing market could see an upswing with making borrowing a bit easier for buyers. Let us give you insight into today’s mortgage availability – there is money for purchases despite what the media indicates! Call me at 913-642-3334 or email your questions to michele@wantinsight.com.

A few other cities with an upturn:

Des Moines: After an agricultural debt crisis in the 1980’s, there was a successful push to diversify. There has been no run up, no crash, no flipping frenzy – just a steady demand for housing. Affordable homes, with the median price of $156,600.

Raleigh, NC: The city has been experiencing good job growth. The first quarter of 2008 saw the 5th highest total quarterly sales on record. And prices are up 3.5% over last year.

Salt Lake City: The metropolitan area has a diverse economy and shown steady jobs gains, which in turn provides a cushion under home prices. Salt Lake City County saw median prices rise April-June 2008 in 7 zip codes.

Some suburban areas of Denver and Philadelphia had even seen prices jump as much as 16%. Birmingham, AL has also weathered the slump with low labor and land costs. Some local areas have seen the median home price increase just under 5% in the first half of the year. There are other cities faring just as well across the nation. Real Estate is a LOCAL market. So take the national numbers with a grain of salt, and read the local news for an accurate view of your community marketplace.

So talk to your professional real estate agent to learn about your market conditions and give us a call at Insight Mortgage Group to discuss your financing options: Michele at 913-642-3334 or email me at michele@wantinsight.com.

Michele A. "MAC" Cole

913-642-3334

www.wantinsight.com

Kansas City Loans- ARM's Adjusting - Mortgage Money Still Out There

With the recent news of financial turmoil and tightening credit availability, many people are asking:

Are there still mortgages out there?

YES! Mortgage loans are still available in Kansas City.

Anyone that has reasonably good credit and is looking to purchase a home should be able to get a mortgage, as long as they have enough income to cover the loan. Seems simple enough, doesn't it? Unfortunately in recent years the limits were stretched for many buyers in order to get them into homes beyond their means. And now we're looking at a high rate of foreclosures across the country. Affordability is the key to a purchase. Currently in Kansas City it's a buyers market; it's an especially good time for first time buyers to purchase a home. Money is there for these purchases. Even if your credit scores are in the low 600's, there is mortgage money available.

There are 100% rural development loans available for people that are willing to live on the outskirts of town. These are 30 year fixed loans with no down payment and you might be surprised by some of the areas that qualify. VA loans are another possibility. FHA is still a good option for the home that is in move in condition.

If your credit scores are a little lower than you’d like, then find a good credit repair service and take a proactive approach in raising your score. We can recommend a few very good companies that will work with you on improving those scores in a timely manner. Feel free to call me at 913-642-3334 or email at michele@wantinsight.com.

What if you had an ARM (Adjustable Rate Mortgage) and you couldn’t refinance before the the ARM adjusts? This is the problem that a lot of people are facing today. They cannot refinance the mortgage that is ready to adjust, are unable to sell their home, and will not be able to afford the new payment. Where does this leave them? Are you, or anyone you know, in this situation? Give us your story. We also offer a product for note modification - if you are not able to refinance, maybe a modification would better help your situation?

Traditional advice says you should not spend more than a quarter of your monthly net income for housing. This still works and is more appropriate than ever before. Apply this rule to renting or buying. Additionally, a fixed rate, whether it is a 20 or 30 year mortgage, is a better option for financial stability.

Most of us may need to scale back and try to live within our means. This doesn't have to mean the end of your dream of becoming a homeowner, or "stepping up" to a larger home. It means making smarter decisions. Isn't a home that is truly affordable a much better choice than the "biggger, better, newer" house that straps you financially and is an emotional burden? The good news is that there is money available now and that you have a source for honest answers, compassion, and integrity in the loan process. So please

Feel free to call, visit my website, or email me at michele@wantinsight.com

Michele “MAC” Cole
913-642-3334
www.wantinsight.com

Save Your Home From Foreclosure and Save Your Credit

ARE YOU UP AT NIGHT?
Worrying because your adjustable rate mortgage is going to reset and you can't afford the new payment? Maybe you owe more than your house is worth? Or you're unable to get a new loan because your credit is less than perfect? Maybe you're 30, 60, or even 90 days late on your mortgage. Perhaps NOD or foreclosure proceedings have already begun!

Stop collection calls! Stop your foreclosure! Stop Stressing! Let us handle your lenders and their attorneys for you.

I’ve tried refinancing, but everyone says that they can’t help?
If you’re in a position with less than perfect credit or if you now owe more in loans than your home is worth, there are several solutions that can still benefit you. Recently the government has passed several laws making it easier for someone with good intentions to keep their home and keep their low monthly payments. Is your mortgage adjusting or going to adjust? We are now feeling the recourse of all the adjustable mortgages that were started in 2004 and 2005. Many people are losing their homes now that they are no longer able to afford the initial “teaser” rate. How can you be expected to pay an additional $500-$1000 per month on your mortgage? We can help you by setting up a new plan with your lender, and keeping your payments where you are able to continue living comfortably.

Stop Foreclosure with Loss Mitigation Programs
Loss mitigation programs were established by the federal government and the mortgage industry in order to stop home foreclosures. They help foreclosure victims in default on their mortgages to find alternatives to home foreclosure. Every homeowner’s situation is unique and each lender has their own policies regarding the use of these programs to stop foreclosure. Our extensive experience and solid working relationships with mortgage lenders allows us help you avoid the common pitfalls that many homeowners encounter while trying to work things out directly with their lender. After performing a thorough assessment of your personal finances and analyzing your lender’s loss mitigation policies our professional loss mitigators will negotiate with your lender to get you the best possible solution to your home foreclosure problem. We can help you save your home and credit history through a variety of loss mitigation options:
Time is your enemy!
The longer you wait, the harder it is for us to help you. Yes, we often do pull clients out of the fire at the last minute but consider this... If your house payments are more than a month behind, your lender has probably already started foreclosure proceedings against you. As time passes, thousands of dollars in penalties and legal fees can be added to the balance you owe. And every single day the interest charges are growing.
Sometimes homeowners are not even aware how far their foreclosure has progressed. We talk to people almost every day who did not even know their house had already been sold at auction. Please don't let that tragedy happen to you! If you would like to stop foreclosure, protect your assets and credit history 913-642-3334 or visit us at http://www.wantinsight.com/ to talk with a consultant. You’d be glad you did!
If you are looking for a realistic long term solution to your financial problems? For a FREE no obligation consultation on how we can help you stop foreclosure, save your home and preserve your credit history.

“Helping our Community Save Their Home”

Customize Approach
Too many banks use a “one size fits all” approach with homeowners in foreclosure. Your situation is unique. You deserve to get a fair and personalized settlement from your lender. We stop foreclosure by taking the time to listen to your concerns, assess your financial needs and then negotiate a mortgage workout that YOU can live with.

Professionalism We get your bank to pay attention to your needs because they know and trust us. We have been stopping foreclosures for many years. During that time we have successfully rescued a multitude of families from the devastation of foreclosure. Our chief mitigator has over 15 years' experience in Real Estate. That kind of experience and track record in the industry gives us credibility with your lender. Our integrity and professionalism help us to be heard when no one else can get through the red tape.

Established Contacts Our staff of full time mitigators works with the key negotiators and decision makers at lending institutions across the country on a daily basis. They speak the language and understand what it takes to break through the bureaucracy to get your case heard.
We will use our experience and relationships to your advantage. Please don’t delay. Act today while hope remains.

Michele “MAC” A. Cole
http://www.wantinsight.com/ Information provided by Emodications...

How to survive the tough economic times in the mortgage and real estate industry?

Al Bernstein
Success is often the result of taking a misstep in the right direction.
How can we balance growth and reduce fears during an uncertain economy?

How can we take this economic crisis and turn it into a positive change for the real estate and mortgage industry?

One way in this uncertain economy, it gives you the opportunity to re-evaluate your business, come up with new strategies for lead generation, human resources, marketing, and investing.

During tough economic times, we need to ask ourselves, what is the worst thing that can happen? How do we prepare for these fluctuations in our economy with the least amount of fear? And can fear and faith co-exist? The bible tells us in Hebrews 11:1 Faith is the confidence that what we hope for will actually happen; it gives us assurance about things we cannot see.

Unfortunately a lot of innocent folks are being impacted by the choices that were made when the market was good. The funnel of how to do more business fueled people into buying homes that were more than they could afford. If it’s too good to be true, it is!
Poor choices whether made by the client or our direction reflects negatively on us and the consequences mean less repeat business.

-We need to get back to the basic fundamentals: maintain a strong work ethic, serve our clients with high quality counsel and service.

-We need to educate them on how to live within their means, avoid the use of debt, build liquidity into their situation, set long term goals and understand that God owns it all.

-And most importantly, we need to keep our clients best interests before us at all times.

InSight Mortgage Group provides your clients with wisdom and InSight in to their situation. Visit us at http://www.wantinsight.com/. We provide tools to help them make good choices… choices they can live now and in the future…

As your faith is strengthened you will find that there is no longer the need to have a sense of control, that things will flow as they will, and that you will flow with them, to your great delight and benefit. Emmanuel Teney


Thermometer – measures what is going on, but has no control over your environment
Thermostat – Helps you take control of your environment

Ask yourself – Am I going to be a thermometer, which is driven by fear?
Or am I going to be a thermostat, which controls my environment?

Michele "MAC" A. Cole
http://www.wantinsight.com/