Best Walnut Creek Mortgage Broker, Interest Rates and More

10 Steps to Buying Your Contra Costa Home | Best Pricing on California Bay Area Mortgage Loans

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 02 Oct 2010 18:38:19 -0700

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There are many ways to get out there and obtain the best rate on a mortgage loan. According to Michele Lerner at the San Francisco Chronicle

While house hunting can sometimes be fun, home loan shopping is rarely a pleasurable activity, particularly in these days of tightened credit standards. However, if you ask a home buyer who has successfully snagged a mortgage loan with a low interest rate and low fees, they will express a moment of triumph that makes loan shopping seem like it could be less of a chore.

(Check out 10 Essential Tips to Buying Real Estate in the Bay Area)

Being a Broker myself with a reputable company like Clarion Mortgage Capital I am partial and truly believe that a good Broker will usually have your best interests at heart and be able answer all your questions and offer you the best loan options available on the market. A good broker can often meet your needs and shop several banks and lenders while a direct bank like Wells Fargo or Chase is limited to the spectrum of their own products and underwriting guidelines. A good broker will also stick with you if you have Credit Repair Issues and offer advice as to what you would need to do in order to qualify if you currently are not.

Advantages of a Mortgage Broker
The biggest advantage of working with a mortgage broker is that you can save time and effort. A good broker will research loans from a variety of financial institutions and recommend one or two loans that are a good fit for your needs. The broker will function as a middleman between you and the lender, funneling the appropriate paperwork to the lender. Rather than spending days comparing loan rates and fees from one lender to the next, you can turn over that job to a professional. Chances are also high that a broker will have access to a greater variety of loan programs than a banker.

With rates continuing to drop and the forecast for home values to continue declining as well there has been no better time for you to take advantage of rates that are super low and lock in a great 30 Year Fixed with one of our preferred lender relationships.

Mortgage rates in California have never been lower and if you can lower your finance costs without paying a lot of fees with a no closing cost mortgage loan the process is a no brainier. Right now coming out the the Summer of 2010 we have more refinance business than we've had since 2003. Only now instead of everyone taking cash out of their home they are looking to secure low financing that they can count on for the life of the loan.

Take a look at some of the Low Rates right now on California Mortgage Loans Here

Until Next time Here is to your success! Jason Wheeler 925-285-2172 |

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Do You Talk to People That Think Social Media is a Fad?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 18 Sep 2010 23:56:01 -0700

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So do you think social media is a fad? Are you running a business without a good social media campaign? If the answer to this is yes than you are throwing away a fortune of leads, clients, and customers no matter what your business is!

I talk to people all the time about using social media and the internet in order to market your business. The fact is that many business owners are very resistant to using social media as a key part of their marketing strategy. If you are one of them... rather than trying to convince your to get involved watch this quick fact filled video on the direction of our economy!

Let me know what you think with a comment below.

Until Next time Here is to your success! Jason Wheeler 925-285-2172 |

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Surprise!! Finally a Good Personal Story About a BanK... Chase Bank

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 25 Jun 2010 18:10:02 -0700

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Could there actually be some help coming for homeowners that have been consistantly paying thier mortgage? It seems that five specific states have been granted yet another special fund from the government. Is this more smoke and mirrors or will it really help?

Wall Street Journal Says

WASHINGTON—The U.S. Treasury Department said Wednesday it had approved five states' plans to aid homeowners in the hope of thwarting foreclosures in communities hit hard by the recession.

State housing agencies in Arizona, California, Florida, Michigan and Nevada will receive a total of $1.5 billion from the Obama administration's "Hardest Hit Fund."

Proposals approved Wednesday include programs to help struggling homeowners who owe more than their homes are worth by reducing the principal owed on their loans; to help unemployed or underemployed homeowners make mortgage payments; to facilitate the settlement of second liens, short sales or deeds in lieu of foreclosure; and help with payments in arrears.

In my home state of California I just heard my first financing dream story in a long time that had to do with a bank. A good friend of mine and also a real estate partner was offered a no strings attached permenant modification on her Option ARM from Chase Bank. No paperwork or underwriting. They simpley did a BPO on her home, say that she had good history and bang she got a permenant modificaiton. Here is how the deal worked.

Her principal was reduced to a point where the payments on the new fully amortized loan almost match her Option ARM.
She was offered a rate of 5% that would be paid off within 18 years.
No underwriting, tax returns or pay stubs and it takes effect next payment!

Looks like Chase is picking and choosing who deserves a modification and who doesn't. Maybe her perfect payment history paid off. Or maybe she just has some really good karma.

Have you heard of any positive stories like this one? Leave me a comment and let me know.

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Foreclosures Will Continue for At Least Two Years Says Wall Street Journal | How Do I Buy Without a Bank or Mortgage?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Wed, 05 May 2010 20:00:04 -0700

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Fewer Foreclosures on the Market | Banks are Holding Real Estate Learn to be a Cash Buyer

I talk to Realtor's and Real Estate Investors everyday throughout the SF Bay Area. Many believe that there are more foreclosures being held by banks than there actually are right now. You might be surprised that the banks on a nationwide level are not holding as many foreclosed homes as originally thought. In many cases they area simply letting people live in these homes for free without paying a mortgage.

I personally know several families and individuals that have been living without foreclosure proceedings and without paying their mortgage for 6 months, one year and even up to two and half years in Pleasant Hill California, and all over the Bay Area. However there will be another major wave coming throughout the next two years. The next foreclosure wave is inevitable. The real question is are you going to capitalize as a cash buyer or are you going to be stuck like millions of other Americans that don't fit into the banking mortgage box?

The Wallstreet Journal Says

Banks have fewer foreclosed homes to sell than previously believed, but those holdings are likely to grow gradually over the next couple of years, a new study by Barclays Capital says.

The investment bank's latest calculations support the view that the U.S. housing market is stabilizing but that a major recovery isn't imminent and there are still risks of falling prices.

Barclays estimates banks and mortgage investors including Fannie Mae and Freddie Mac owned 480,000 homes at the end of February. Barclays has acquired more data on mortgages and refined its methods for analyzing foreclosure trends. Under the bank's previous methods, the estimate for February would have been more than 600,000.

Barclays expects the inventory generally to rise over the next 20 months, peaking at 536,000 in January 2012, and then decline gradually.

If you would like to learn several ways to become a cash buyer without your cash read the rest here!

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FHA Mortgage Insurance Goes from 1.75% to 2.25% | Real Estate Seminars in the CA Bay Area

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 09 Apr 2010 21:47:20 -0700

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Hope you had a wonderful Easter Weekend and Spring Break! If you got to get away or spend some extra time with you family this week well that is what life is really all about. I am still hoping to sneak up to the snow once more before it all melts and the runs close for the year.

This week I wanted to pass along a couple of relevant articles that I hoped you would find to be valuable. Also if you would like to attend one of our events please don't hesitate to ask me about them. They are great for networking and learning and they are FREE too!

Real Estate Investor Events This Week!

Investor Forums Networking and Education in Bay Area CA RSVP Here!

This is your opportunity to learn from pros that are making local deals. If you would like to get started and work with a team of professional real estate investors you absolutely deserve to receive the information that we will be sharing this evening!

Sacramento Register
San Jose Register
Pleasanton Register

If you would like to network and learn with people who are truly creating success with Real Estate Investing in today's market you don't want to miss this.

Relevant Articles

Details on the CA Real Estate Tax Credit were released on April 7th and you can get all the official details right here!

The rate that the government charges to insure FHA loans wend from 1.75% of the loan amount to 2.25% last week. That makes if much more expensive to get one of these loans. More Info Here!

Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent up from the current 1.75 percent.

Financing Trends

Here we are wrapping up Friday 4/9/2010. Mortgage rates are still extremely low. Some of the niche programs for first time buyers and tax credits are still available.

You can look at weekly rate trends Here | Popular Funding Programs

If you have financing questions, or want to learn more about what we are doing as Real Estate Investors? Or if you are looking for new income or lending sources... Don't hesitate to get in touch with me anytime! Right now we have access to over 300 non traditional lenders looking to give you money for your real estate deal.

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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First Quarter is Done What is Your Marketing Plan Moving Forward With Your Business?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 02 Apr 2010 16:05:27 -0700

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"The Weekend Wrap Up"

Presented by Jason Wheeler

Can you believe that we have reached the end of the 1st quarter of 2010 already!? During this time it is great to reflect and see how your current marketing strategy is working for your business. Personally I made some big changes for my business in the new year and I have been having some truly phenominal results. No matter what your business is you NEED a marketing plan.

Here are are a few tips that myself and some partners are having some great success with!

Tighten your target market. Smaller, highly targeted marketing options are far cheaper - and often more effective - than tactics that reach a larger audience. For example, instead of direct mailing to an entire state of note holders or potential buyers and sellers off of a quality list, maybe direct mail to only note holders in that state with notes under $100,000, that are seasoned less than six months on residential property only. Or if you are using classified ads, instead of placing your ads in a large regional paper, maybe place them in smaller local papers in outlying rural areas around major cities.
Ask for 'remnant space'. If you are advertising, whether it is print, TV or radio, every media outlet has unsold space they sometimes sell to smaller advertisers at a fraction of the regular price. A company that I know got a nationwide remnant ads on CNN for only $500! In this economic environment, ask for details!
E-mail Newsletters. Web-based services with pre-formatted templates that maintain your list and do all of the technical work for you (except for the writing) are a cheap, easy way to regularly remind note holders, referral sources and potential clients of your value and services.

Click Here for the Rest of the Article!

Sacramento Register
San Jose Register
Pleasanton Register

If you would like to network and learn with people who are truly creating success with Real Estate Investing in today's market you don't want to miss this.

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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$10,000 Home Buyer Tax Credit Extended In California | Weekend Wrap Up

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Thu, 25 Mar 2010 13:22:54 -0700

"The Weekend Wrap Up"

Presented by Jason Wheeler

I am committed to putting out valuable content that professionals and home buyers can use. There were some pretty big news stories this week in the Real Estate Financing world and I thought I would share them with you a bit early instead of at the end of the week!

Great News for home buyers! Despite declining home sales for the entire first quarter of 2010 The CA house has decided to extend the home buyer tax credits. The Governor is set to sign the bill today in Fresno CA.

New California First Time Home Buyer Tax Credit Highlights

$200 million in funds available on a first come, first serve basis – could help over 20,000 home buyers
New homes for any taxpayer and new/existing homes for first time home buyers
“Qualified principal residence” means a single-family residence, whether detached or attached, that is purchased to be the principal residence of the taxpayer, is eligible for the homeowner’s exemption under Section 218, and has either never been occupied or is purchased by a first-time home buyer.
$10,000 tax credit or 5% of purchase price (whichever is lower)
Credit given in 3 payments to a taxpayer’s personal income tax returns over 3 year period

Bank Of America to Reduce Principal for Distress Home Owners

Bank of America, the nation's largest mortgage lender, on Wednesday announced a program to offer homeowners who owe significantly more than their homes are worth the opportunity to have their loan balances reduced.

I've done some personal research on this program and from what I heard on the news today it's a very interesting. If a homeowner owes more than 120% of the value of their home but wants to keep it, B of A essentially forgives interest temporarily. (Another way to look at it is they set the interest rate at -0-.)

Then they set a payment they think the homeowner can afford, and 100% of the payment goes to principal reduction until...

The balance of the loan drops down to the then-current value of the home. Then interest kicks in again, presumably at the original terms, although I don't know that for sure.

Note that B of A doesn't give up any principal, but rather gives up interest -- but only for a fairly short time.

Financing Trends

Here we are wrapping up Friday 3/25/2010. Mortgage rates are still extremely low. Some of the niche programs for first time buyers and tax credits are still available.

You can look at weekly rate trends Here | Popular Funding Programs

Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

Sacramento Register
San Jose Register
Pleasanton Register

If you would like to network and learn with people who are truly creating success with Real Estate Investing in today's market you don't want to miss this.

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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If you are Persistent You Can Achieve the Impossible

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 05 Mar 2010 16:37:00 -0800

Real Estate Pro Articles | Real Estate Investing: part time or full time?

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When I saw this video not only is it extremely entertaining but it is a great testimonial as to achieving what seems to be impossible if you are truly persistent. When you watch it you will know what I mean. These guys had to have tried to make this work countless times before it actually worked out the way you see it. Let me know what you think and ENJOY!

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Making Money in California Real Estate Can I Start Part Time or Full Time?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 12 Feb 2010 16:53:45 -0800

Real Estate Pro Articles | Real Estate Investing: part time or full time?

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When I talk to people about how I got started in real estate investing they often assume they don't have time... The fact is that when I got started I was waiting tables 6 nights a week in the restaurant business. The people that find success in real estate often start part time while they work a full time job. The important thing is to get started somewhere. The key is to build a base, learn everything you can and create some contact and mentors. By no means do you need this to be a full time endeavor at first.

All of these are the reason why you should attend one of our free events. You will have an opportunity to meet others experienced and novice that want to help you succeed. You will also gain knowledge that will empower you to take action on those first deals. Finally we can show hundreds of resources to create capital for your projects. One of the biggest misconceptions is having the money to get started. Right now I can introduce you to over 300 non traditional lenders that want to lend you money for your real estate deals!

Real Estate Investing: part time or full time?

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Who Would Have Thought Will Smith Would Become so Insipirational

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 29 Jan 2010 21:05:19 -0800

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Since 2003 I have been helping people finance their real estate deals... over the past few years it is no secret that traditional bank financing has become more and more difficult. Instead of a borrower fitting into any given banks "box" the banks are having you fit into more of a sugar cube! Has this been a problem for you?

I would also really like to share with you this week two books that were introduced to me. If you are driven to succeed? No matter what in, check these out and pick them up!

Will Smith has always been an entertainer since I was a kid. Growing up I never thought he would turn into the inspiration that he is today! I had to share this video that I found with you! I hope you enjoy it and pass it on. It is absolutely worth watching

Must watch!

Here we are wrapping up Friday 1/29/2010. Mortgage trends are relatively flat for the week. You can still lock in loans under 5%

You can look at weekly rate trends Here.

If you have financing questions, or want to learn more about what we are doing as Real Estate Investors? If you are looking for new income or lending sources... Don't hesitate to get in touch with me anytime!

Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

Join us and learn from a ton of Real Estate Entrepreneurs and Investors that are helping people like you create massive wealth in Real Estate TODAY!!. This will be a packed event where you will learn nuts and bolts Real Estate Investment knowledge to take advantage of what is happening in the market RIGHT NOW

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Heard of Principal Balance Reduction Program for The California Bay Area

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 23 Jan 2010 00:30:00 -0800

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Principal reduction is not available for everyone, though. There are certain requirements that have to be met before a borrower can qualify for the program. Some requirements are:

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

Via Tessie Cuy (Emerynet Wealth Group):

LOWER YOUR LOAN PAYMENT WITH A PRINCIPAL REDUCTION

Tessie Cuy, licensed realtor and loan agent just joined Century 21 El Camino in Sunnyvale. She is promoting National LOAN Help Center with a program to help those needing financial help with their residential owner occupied property as well as investment properties.
Here's the deal! Are you Ready?

This is not
A Loan Modification
A Short Sale
A Deed in Lieu of Foreclosure
A Foreclosure
A Forbearance
A For the UNEMPLOYED

This is
-A Principal Reduction (new reduced loan)
-No credit Score Rate and Term Finance
-The American Homeowners Last Chance for Financial Freedom

Who Qualifies
-Must have a 50% or less Debt to Income Ratio on new proposed loan
-Must be upside down by at least 25%
-Must be able to prove income
-12 months worth of bank statements will be considered proof of i ncome
-Retirement Funds do not count as liquid funds
-Must have a hardship

We understand the impact that homeowners experience when faced with losing a home. With our Principal Reduciton Program, the National LOAN Help Center will put YOU back in control as a successful homeowner.
Give Tessie Cuy, loan consultant a call at 510-653-9518.

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FHA New Principal Reduction Guidelines – FHA Enhances Their Loan Modification Options

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 23 Jan 2010 00:26:20 -0800

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Via The Agent Center:

Obama administration releases new principal reduction guidelines designed to help struggling homeowners with Federal Housing Administration (FHA) insured mortgages.

"Tens of thousands of FHA borrowers will now be able to modify their mortgages," said HUD secretary Shaun Donovan

On May 20, 2009, the president signed the "Helping Families Save Their Homes Act of 2009." This new law provides the FHA with additional loss mitigation authority to assist FHA mortgagors under the Making Home Affordable Program (MHA).

When MHA was initially introduced to the public back in February 2009, MHA excluded FHA insured mortgages, with the understanding that the FHA would create its own standalone program.

Effective August 15^th 2009, mortgage services are now allowed to modify FHA mortgages, under the Home Affordable Modification Plan (FHA-HAMP). This will provide homeowners in default a greater opportunity to reduce their mortgage payments to a sustainable level while following the fundamentals of MHA designed to help homeowners retain their homes and prevent the destructive impact of foreclosures on families and entire communities.

Basic Guidelines

The new FHA-HAMP authority will allow use of a partial claim up to 30%of the unpaid principal balance as of the date of the default combined with a loan modification. Like the broader Obama program, the FHA seeks to reduce mortgage-related payments to 31% of monthly income. But it gets there in a different way, by focusing on changes in the principal amount rather than only evaluating the interest rate. The maximum partial claim (principal reduction for payment purposes) consists of the sum of (i) arrearages, (ii) legal fees and foreclosure related costs (iii) principal reduction. The arrearages included in the partial claim cannot exceed 12 months PITI. Combining each of the above the maximum partial claim amount is 30% of the outstanding principal balance as of the date of the default or modification.

Although rate reductions and extended mortgage terms are as outline in the modification agreement, and appear to be permanent, the principal reduction is only a deferment of debt and required to be paid back if at all possible when the subject property is either refinanced or sold. There doesn't appear to any stipulations on any required timelines and only suggests that if and when values increase and the option is initiated by the borrowers.

To be eligible, the front end debt to income ratio must be as close as possible, but not lower than, 31 percent. The front end ratio is defined as the total monthly mortgage payment (PITI) for the modified mortgage divided by the borrower(s) gross monthly income. The back end debt to income ratio must not exceed 55 percent and is defined as the total monthly mortgage payment plus all recurring monthly debt dived by the borrower(s) gross monthly income.

FHA-HAMP can be utilized only if the borrower does not qualify for current loss mitigation home retention options (priority order FHA Special Forbearance, Loan Modification and Partial Claim).

To confirm the borrower(s) is capable of making the new FHA-HAMP payment, the borrower(s) must successfully complete a trial payment plan. The trial payment plan shall be for a three month periodand the borrower must make each adjusted scheduled payment on time. If the borrower does not successfully complete the trial period, the borrower is no longer eligible for FHA-HAMP.

Disposition options (pre-foreclosure sales and deed-in lieu of foreclosure) are still available to the servicers/mortgagees immediately upon default, if the cause of default is incurable, i.e. the borrower has no realistic opportunity to replace the lost income or reduce expenses sufficiently to meet the mortgage obligation.

Under FHA-HAMP, the Mortgagees may receive an incentive fee up to $1,250. This total includes $500 for the partial claim and $750 for the loan modification.

It has been reported that an estimated 15% of all FHA insured loans are 30 days or more past due on at least one mortgage payment. Although most FHA modification guidelines stay intact, the new action allows for additional borrower(s) qualification opportunities to reduce monthly obligations while they proceed to build financial stability.

  FHA-HAMP Full Guidelines

Christina Inman, the CEO of TheAgentCenter.com, has been a real estate industry specialist, author and broker for 17 years.

    Christina Inman

    Broker | REALTOR | FPS

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Interest Rate and Principal Reductions for Borrowers in Contra Costa County and Bay Area

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 23 Jan 2010 00:14:04 -0800

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Principal reduction is not available for everyone, though. There are certain requirements that have to be met before a borrower can qualify for the program. Some requirements are:

The mortgaged property is the principal residence. The program prioritizes borrowers who need to stop foreclosure because they actually live in the property and does not only use the property as investment.
The borrower is delinquent on payments by a minimum of 60 days.
The monthly income of the borrower qualifies under particular approval guidelines.
For borrowers who are not presently delinquent but wish to stop foreclosure just as well, they can likewise qualify if they show inability to pay mortgage because of a trigger event like loss of employment or earnings. However, they must be able to prove that under the lower rates, they can regularly make payments. Also, necessary documents that will prove the aforementioned conditions have to be submitted.

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Via Peter Dunn (Keller Williams Partners SW):

The following is an extract from recent reports by Countrywide/ Bank of America regarding assistance to borrowers. For more complete iformation please go to their website www.countrywide.com or call 1-800-669-6607.

Interest Rate and Principal Reductions for Borrowers

Bank of America recently announced the creation of a proactive home retention program that will systematically modify troubled mortgages with up to $8.4 billion in interest rate and principal reductions for nearly 400,000 Countrywide Financial Corporation customers nationwide.

The program is designed to achieve affordable and sustainable mortgage payments for borrowers who financed their homes with subprime loans or pay option adjustable rate mortgages serviced by Countrywide and originated prior to December 31, 2007. Bank of America acquired Countrywide July 1, 2008.

Countrywide mortgage servicing personnel will be equipped to serve eligible borrowers with new program elements by December 1, 2008 and will then begin proactive outreach to eligible customers. Foreclosure sales will not be initiated or advanced for borrowers likely to qualify until Countrywide has made an affirmative decision on the borrower's eligibility.

The centerpiece of the program is a proactive loan modification process to provide relief to eligible borrowers who are seriously delinquent or are likely to become seriously delinquent as a result of loan features, such as rate resets or payment recasts.

Various options will be considered for eligible customers to ensure modifications are affordable and sustainable. First-year payments of principal, interest, taxes and insurance will be targeted to equate to 34 percent of the borrower's income. Modified loans feature limited step-rate interest rate adjustments to ensure annual principal and interest payments increase at levels with minimal risk of payment shock. Modification options include, among others:

FHA refinancing under the HOPE for Homeowners Program;

Interest rate reductions, which may be granted automatically through streamlined processing; and

Principal reductions on Pay Option adjustable rate mortgages that restore lost equity for certain borrowers.

The program applies to eligible mortgage loan customers serviced by Countrywide and who occupy the home as their primary residence. Under the national program, Countrywide will not charge eligible borrowers loan modification fees, and Countrywide will waive prepayment penalties for subprime and pay option ARM loans that it or its affiliates own. Some loan modifications will be subject to compliance with servicing contracts and some will require investor approval.

If I believe I can benefit from this program, who do I call?
Beginning December 1, 2008, Countrywide mortgage servicing personnel will be ready to serve eligible borrowers with the new program elements and will launch a proactive outreach initiative for eligible borrowers. Customers who have questions about their eligibility should call Countrywide at 1-800-669-6607 or log onto www.countrywide.com for more information about this new program.

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What would you do with $86,400 each day in your bank account?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 23 Jan 2010 00:09:02 -0800

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Via Chris Record (DC Metro Area Real Estate Investor):

Imagine there is a bank that credits your account each morning with $86,400. It carries over no balance from day to day. And every evening it deletes whatever part of the balance you fail to use during that day. What would you do?

Draw out every cent.

Each one of us has such a bank. It's called TIME. Every morning it credits you with 86,400 seconds. And every night it writes off as lost whatever you have failed to invest wisely. It carries no balance. It allows no overdraft. Each day it opens a new account for you. If you fail to use the day's deposit, the loss is yours...

There is no going back. There is no drawing against the tomorrow. You must live in the present. On today's deposit. Invest it in every opportunity. The clock is running. You've got to make the most of today.

Right Here. Right Now.

Click here to watch the video!

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Got 14 reasons why your biz shouldn't be on Facebook?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Sat, 23 Jan 2010 00:07:54 -0800

If you are in business and you are NOT marketing on Facebook... You are missing the boat!

Via Mike Mueller (Tech and Social Media Consultant):

Here's 14 reasons your business should!

According to the latest stats from Facebook itself…

More than 350 million active users

50% of active users log on to Facebook in any given day

More than 3.5 billion pieces of content (web links, news stories, blog posts, notes, photo albums, etc.) shared each week

More than 1.6 million active Pages on Facebook

More than 700,000 local businesses have active Pages on Facebook

Pages have created more than 5.3 billion fans

Average user has 130 friends on the site

Average user sends 8 friend requests per month

Average user spends more than 55 minutes per day on Facebook

Average user writes 25 comments on Facebook content each month

Average user becomes a fan of 2 Pages each month

More than 60 million Facebook users engage with Facebook Connect on external websites every month

There are more than 65 million active users currently accessing Facebook through their mobile devices.

People that use Facebook on their mobile devices are almost 50% more active on Facebook than non-mobile users.

Source: http://www.facebook.com/press/info.php?statistics

Now tell me again why you don’t think Facebook is worth your time and energy?

Go start your Custom Facebook Business (fan) Page

This post brought to you courtesy of Mike Mueller.
Feel free to ReBlog or ReTweet as you like as long as you credit the source (him).
Did you know? He's for hire! He builds Blogs, Graphic Images and Widgets and Facebook Pages and besides… He knows lots of really cool stuff.

Hire Mike (925) 456-4567

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Jason Wheeler's Weekly Wrap-Up! | New Real Estate Seminars in Pleasanton CA

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 22 Jan 2010 20:04:57 -0800

Presented by Jason Wheeler | Come to a Free Event

Are we having fun yet? The stock market is plummeting! I'm not a Financial Planner but I can tell you if you are in the stock market get out now. Anyway the good things is rates are heading back down! See below for the trends. By the Way... I can't thank you enough for continuing to read my Weekly Wrap Up. I hope it is of value to you and you get a nugget every now and again.

This week I would like to share a few articles that I've found super interesting and I hope you do too!

Mortgage Principal Reduction Programs can Solve Mortgage Modifications that Fail The main reason why these are working is you don't deal with banks!! You deal with Private Investors!

10 Essential Tips to Becoming a Millionaire a good friend of mine wrote this and anyone that is trying to create wealth should check it out!

Check out the newest and hottest loan programs and let me know if you would like to see if you fit into any of them. We were locking rates in this week at around 4.875% on a 30 Year Fixed with no points this week!

Hot Loan Programs at a Snapshot

95% Conventional Loans are Back in California!
Contra Costa Mortgage Credit Certificates. Get up to 20% tax credits on interest paid on your mortgage throughout the year!
100% Financing with VA Loans!
Government Programs up to 97% Financing. with $8,000 in Tax Credits for First time buyers and starting in 2010 $6,500 for 2nd home and investment properties.
FHA HUD Financing Incentive. $100 down payment gets you in a home!
Fannie Mae Freddie Mac Refinance Plus! HARP Refinance your home up to 125% of the value.
Concord CA Affordable Housing and First Time Home Buyer down payment assistance up to $40,000!
No Appraisal Required on Home Path Loans. Fannie Mae REO properties

Here we are wrapping up Friday 1/22/2010. Mortgage rates have officially broken their upward trend and we are seeing rates below 5% again on 30 Year Fixed Loans. As low as 4% on 15 Year Fixed.

You can look at weekly rate trends Here.

Three Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

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Everyone Knows Mortgage Modifications Don't Work, What About a Principal Reduction Program?

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 22 Jan 2010 00:02:39 -0800

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Wall St. Finds Profits by Reducing Mortgages with Principal Reductions!

With all this talk about Mortgage Modifications all over the United States why aren't we seeing more success stories? The plain fact is that Mortgage Modification flat out do not work. Less than 1% of the applications are actually made permanent. So is there any solution to this problem?

Here is what the Wall Street Journal has to say about Mortgage Modifications

Since the program began, more than three million homeowners have become eligible for assistance. In turn, mortgage servicers have reached out to these borrowers, initiating the modification process. Roughly 760,000 homeowners have received loan modifications on a trial basis. But just 31,000 modifications have been made permanent.

That's a success rate of just 1%. This means that up to 99% of eligible homeowners struggling with their mortgage payments have been unable thus far to modify their loans.

The fact is that the only party that benefits from a mortgage modification is the Bank itself! Here are the main reasons why Mortgage Modifications flat out do not work.

The sad fact is that banks are simply debt collectors. They are not in the business of helping Americans. They will only modify your loan if they see a benefit.
Most modifications don't really relive a truly distressed homeowner. A fix of a few hundred bucks a month won't usually help someone keep their home. In most cases once a modification is successful the borrower ends up defaulting less than 6 months later. Most modifications come with a clause that you only get one!

The great news is that Wall Street has found a way to make a profit from this mess and believe it or not the homeowner can actually benefit.

According to the New York Times

Wall St. Finds Profits by Reducing Mortgages with Principal Reductions!

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3 Day Real Estate Event in Concord Californina | Wealth Summit Workshop Jan 28th - 30th

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Wed, 20 Jan 2010 16:02:27 -0800

If you are dreaming of time and financial freedom, what are you doing right now to make it happen? Start taking control of your future—be your own boss—and make your money work for you! Obtain your VIP status (Valuable Investor Potential) at the Wealth Summit!

NORTHERN CALIFORNIA WEALTH SUMMIT
Holiday Inn Concord
1050 Burnett Ave.
Concord, CA 94520
Jan 28-30, 2010
Time: 9:00 am - 5:00 pm

The Wealth Summit is not your typical “guru”, get-rich-quick, real estate investing seminar. This content-rich, 3-day workshop teaches you not only the concepts of solid real estate investing strategies, but how to apply the information learned. Gain knowledge on everything from basic real estate investing principles to more advanced topics including:

* How to capitalize on money-making opportunities in Real Estate today.
* How to identify the hot deals and how to reach them before the competition.
* How to find people with money to fund your deals.
* How to prescreen sellers, buyers and tenants so that you only spend time with the serious and not the curious.
* When to get in and when to get out.
* And so much more!

Plus, you will receive additional benefits furthering your success such as:

– Association with Local Real Estate Community Members
– Exclusive Access to Community Benefit Companies
– Weekly Mastermind Coaching Calls
– Bi-Weekly Mortgage Calls
– Bi-Weekly Real Market Experts® Webinars

Don’t miss out on your opportunity to build a prosperous future!

Meet the Wealth Summit Trainers!

View upcoming Wealth Summit dates, times, and locations

Jason Wheeler | 925-285-2172

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Contra Costa To Release Funds for Mortgage Credit Certificates or MCC in January 2010

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 08 Jan 2010 19:31:12 -0800

"The Weekly Wrap Up"

Presented by Jason Wheeler

First week of 2010 down! I hope you were able to grab the momentum of the new year and start things off right.

By the way...if you are thinking about a purchase a new home you should know that the Federal Tax Credit of $8,000 to first time home buyers is due to expire in April of 2010. Get crackin and buy something! When was the last time in history you could buy a home at these prices get a loan under 5% and have the government pay you $8,000 to do it? These are truly unique times we are in.

Did you know that Contra Costa County is releasing 6 Billion dollars this month for the Mortgage Credit Certificate Program? This is s huge opportunity for your borrowers to take advantage of a little known government program that can save thousand each year!

Here we are wrapping up Friday 1/8/2010. Mortgage rates finally saw some relief after rising for four straight weeks since hitting record lows back in early December, according to mortgage financier Freddie Mac.

The popular 30-year fixed averaged 5.09 percent during the week ending January 7, down from 5.14 percent a week earlier, but slightly above the 5.01 percent average seen a year earlier.

The 15-year fixed fell to 4.50 percent from 4.54 percent, and sits just below the 4.62 percent average seen this time last year.

The five-year adjustable-rate mortgage remained unchanged at 4.44 percent, while the one-year ARM slipped two basis points to 4.31 percent.

A year ago, the five-year stood at 5.49 percent and the one-year averaged 4.95 percent.

You can look at weekly rate trends Here.

Three Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

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3 Simple Rules to Make 2010 Your Best Year Ever!

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Wed, 30 Dec 2009 13:44:12 -0800

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My wish for each of you is that 2010 will be the best year of your life ......

We have all heard these rules before, but it never hurts to be reminded of them!

Brian Tracy states that:

Rule No. 1
Your life can only get better when you get better. There’s no other way for your outer world to improve except for your inner world to improve so make a lifelong commitment to the most important person in the world. . . YOURSELF! Go to work. Continually make yourself a better person.

Rule No. 2
It doesn’t matter where you’re coming from or where you are. All that matters is where you’re going. It doesn’t matter what’s happened in your entire life up to this moment. Think about your goals and talk about your goals and treat people like they’re really important human beings. All of your thoughts and actions should be consistent with the very best person you can possibly be.

Rule No. 3
Anything worth doing is worth doing poorly at first. If you want to be the best in your field – remember when you start off you’re going to make a mess of it. You’ll do it poorly, you’ll fall on your face, and you’ll look, feel and sound clumsy and awkward. The key to success is the willingness to move out of the comfort zone and NOT go back. What zone is outside of the comfort zone? It’s the discomfort zone! It’s where you’re learning. You learn at a rapid rate when you expose yourself to incredible discomfort. The key is to stay out there until you become comfortable at a new higher level of performance.

If you could find out what the most successful people did in any area, and then you did the same thing over and over, you'd eventually get the same results they did.

And one of my personal favorites ..... BEGIN WITH THE END IN MIND!

Start right where you are, build the image of what you want, and then act as if you have already received it. "Act like the person you want to become. Before you can DO something, you first must BE something." Goethe

Enjoy this time of year with family and friends, and Shirley and I wish you a safe, happy, healthy, and prosperous NEW YEAR! Thank you for being an important part of our lives.

Connect with Jason Online!

Until Next time Here is to your success! Jason Wheeler 925-285-2172

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A Heart Felt Thank You to My Real Estate Partners in 2009!

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Wed, 23 Dec 2009 13:35:31 -0800

I wanted to take a moment to truly thank all my readers followers and referral partners who have helped to make 2009 a great year despite all of it's challenges!.

Many of us have been hit hard by the recession and tough economic times however money hardly seems to matter this time of year, as family and friends are what make life truly worth living.

I truly hope you have a Merry Christmas and Happy Holiday Season! Ring in the New Year safely and make 2010 the greatest year ever!

Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Year End Wrap Up | Contra Costa Mortgage Brokers | Real Estate Lending and Investment Workshops

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 18 Dec 2009 13:51:59 -0800

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"The Weekly Wrap Up"

Presented by Jason Wheeler

So many holiday parties and events this time of year. I hope your December has been filled with some great year end production and you get the chance to enjoy a few holiday parties and some great time with family and friends. Wishing you a great holiday break and a wonderful New Year!!

If you are considering buying a home or looking into a refinance. Give us a call so we can explore the many different options that are available in today's market place. Furthermore if you would like to network and learn with a community of local real estate investors. Come check us out at one of our local community events.

Check out the newest and hottest loan programs and let me know if you would like to see if you fit into any of them. We were locking rates in this week at around 5.00% on a 30 Year Fixed with no points this week!

Hot Mortgage Programs at a Snapshot

95% Conventional Loans are Back in California!
Contra Costa Mortgage Credit Certificates. Get up to 20% tax credits on interest paid on your mortgage throughout the year!
100% Financing with VA Loans!
Government Programs up to 97% Financing. with $8,000 in Tax Credits for First time buyers and starting in 2010 $6,500 for 2nd home and investment properties.
FHA HUD Financing Incentive. $100 down payment gets you in a home!
Fannie Mae Freddie Mac Refinance Plus! HARP Refinance your home up to 125% of the value.
Concord CA Affordable Housing and First Time Home Buyer down payment assistance up to $40,000!
No Appraisal Required on Home Path Loans. Fannie Mae REO properties

Here we are wrapping up Friday 12/18/2009 Rates have seen an upward trend for the last three weeks and are currently at their highest point in the last 30 days. The last three days we have seen the upward trend pull back a bit.. You can look at weekly rate trends Here.

Three Real Estate Investor Events Coming in 2010!

Investor Forum in Bay Area CA RSVP Here!

Come Network with us and learn from a ton of Real Estate Entrepreneurs and Investors that are helping people like you create massive wealth in Real Estate TODAY!!. This will be a packed event where you will learn nuts and bolts Real Estate Investment knowledge to take advantage of what is happening in the market RIGHT NOW!

Connect with Jason Online!

Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Just Read 7 Habits of Highly Effective People

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Tue, 08 Dec 2009 22:42:17 -0800

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7 Habits Of Highly Effective People by Stephen Covey is a MUST READ for anyone that would like to really study in detail the small daily habits that almost all successful business people and Entrepreneurs utilize on a daily basis. It is very easy to spell out a list of habits, however Stephen Covey really dives into all seven habits and opens some great insights and ideas on exactly what each habit entails and how to get started. This is the type of book that you don't want to just skim through but you really should study each chapter. I found myself reading some chapters twice before moving on.

How this book impacted my life is in my daily life I would catch myself in cycles and habits that were not serving using Stephen Coveys concepts. I found that when I caught myself in a habit that does not serve me it would be much easier to break the cycle and move to a habit that would ultimately move me forward in my personal life or business. Very briefly the seven habits are.

Be Proactive
Begin With the End In Mind
Put First Things First
Think Win/Win
Seek First to Understand, Then to Be Understood
Synergize
Sharpen the Saw

If you are looking for a way to create the habits that will lead you to success not just in business but in your daily personal life this book is a must read for anyone seeking to grow. You can check out the rest of my work in progress reading list here!

Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Area Event |

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Why Should Everyone Own a Home Based Business | Creating Multiple Income Streams

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 04 Dec 2009 14:28:03 -0800

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Whether or not you have a great job there are tons of reasons everyone should own and build a business. Do you really want to spend 40 years working to make your CEO rich and at the age of 65 be tossed to the retirement world. It truly is sad that only 1% of today's 65 year olds retire wealthy. Whether or not you build that business from home in your spare time or go full time right away the benefits of time freedom is really what everybody wants. I speak to tons of people who claim they just don't have time because of their family or work schedule. I often wonder what that must feel like? Donald Trump has the same 24 hours in a day as you and I do, the main difference is the mind set and activities that set great business people like Donald Trump and Warren Buffet apart from the masses that spend so much of their time making other people rich. The fact is that if you desire more time freedom and options to really spend your life doing the things you love, you will need to achieve financial freedom. Money is absolutely not everything however it sure does give you options. Below are four of the main things to look for in a business that will help you achieve your time freedom.

A Need - Most important there must be a real need for your products or services. There are tons of "get rich quick schemes" on the internet and late night television that sound too good to be true and promise millions with little or no effort. Let me tell you if you put forth no effort you will not receive much of a reward. When you look at business idea you must first ask "Who will benefit from what I am selling?" If it is not something you yourself would buy and use then it is probably a bad idea to try and sell it to others.
Leverage - If you look at the Forbes 500 richest individuals they are ALL business owners of some kind. One of the main things that a successful business will have besides a real need for it's product or services is leverage. As a worker or an employee you are being leveraged. What if you could decide to go on vacation and when you came home you still had the same check in your account as if you continued working? The power of a leveraged business is truly the route to financial freedom. In business the two main forms of leverage are people and time. Ask yourself who is leveraging you?
Duplication - Just about every example of a million dollar company out there uses duplication. Look at McDonalds. Do you go to a McDonalds because they have the best cheeseburgers in the world? NO WAY most people go there because they know that no matter what McDonalds you go into in the entire world you will get for the most part exactly what you were expecting. McDonalds and thousands of other successful companies found a need for a product and developed a system to duplicate it almost exactly almost all the time. People spend hundreds of thousands of dollars in order to leverage the McDonalds system through franchising. If you could leverage someone else's great idea and duplicate it over and over again how much money could you make?
Residual Passive Income - a very important part of a achieving financial freedom is receiving residual passive income. This is when you do something once and it pays you over and over and over for the rest of your life. They do it in the Insurance Industry, the Direct Sales industry and Real Estate. Barrack Obama wrote his memoir "The Audacity Of Hope" and he will get paid every time that book sells a copy for the rest of his life. It might not be much but what if you sell a lot of books? Just imagine if you did something everyday that increased your monthly income by $10 a day on a residual basis. At the end of one year you would be making $3,650 per month. What if you continued to do that same duplicated idea for 10 years? You would be making $36,500 every single month! Would a passive residual income like that allow you to quit working for somebody else?

Those are the four main reasons that everyone should build a business. As a business leader and successful real estate investor in the California Bay Area Jason Wheeler can show you several methods to start doing exactly what is described above. When Jason started out he was working part time serving tables and bartending at a local restaurant however since 2003 Jason has learned many of the methods millionaires use in order to create the success deserved by everyone. The most rewarding part is passing the knowledge on and helping those who are willing to listen and take action create massive success in business. If you would like to learn more you can do a Google search on Jason Wheeler and connect with him today.

Connect with Jason Online! | Subscribe Via RSS Feed

Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Weekly Wrap Up 12/4/2009 | Contra Costa Bay Area Mortgage Loan Programs

Jason Wheeler, JasonWheeler.biz (JasonWheeler.biz) — Fri, 04 Dec 2009 14:26:39 -0800

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"The Weekly Wrap Up"

Presented by Jason Wheeler

I hope everyone had a super long Thanksgiving weekend and a productive week back! Many believe that December is not the time to do business because everyone is thinking about the holiday. However December has often been one of my best months historically. Work hard and plant those seeds to start strong in 2010!

A few things I would like to share this week is number one My Reading List that I am building. If you have any good books that have changed how you do business please comment on my page and I will add them to my list.

Articles This Week:

4 Big Reasons EVERYONE should Own a Business

Check out the newest and hottest loan programs and let me know if you would like to see if you fit into any of them. We were locking rates in this week at around 4.75% on a 30 Year Fixed with no points this week!

Hot Mortgage Programs at a Snapshot

95% Conventional Loans are Back in California!
Contra Costa Mortgage Credit Certificates. Get up to 20% tax credits on interest paid on your mortgage throughout the year!
100% Financing with VA Loans!
Government Programs up to 97% Financing. with $8,000 in Tax Credits for First time buyers and starting in 2010 $6,500 for 2nd home and investment properties.
FHA HUD Financing Incentive. $100 down payment gets you in a home!
Fannie Mae Freddie Mac Refinance Plus! HARP Refinance your home up to 125% of the value.
Concord CA Affordable Housing and First Time Home Buyer down payment assistance up to $40,000!
No Appraisal Required on Home Path Loans. Fannie Mae REO properties

Here we are wrapping up Friday 12/4/2009 rates have been almost the lowest we have seen as we have been locking loans as low as 4.5% with No Points this week. The last three days we have seen a spike upward trending into next week though. You can look at weekly rate trends Here.

Three Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

Connect with Jason Online!

Until Next time Here is to your success! Jason Wheeler 925-285-2172

Become a Better Social Networker