Category Archives: Finance

Adam Thomas Top Mortgage Agent Launches Site To Help Canadians Reign In Surmounting Personal Debt

Posted on by
Reply

Summary – A good number of Canadian people are plagued with a huge debt burden. Top Mortgage Company Agent Adam Thomas from Invis Inc. has become a business referral partner with Debt Relief Service Companies launching a new website www.HomeOwnerDebtRemoval.com with the reported objective of assisting such Canadians in debt elimination.

Toronto, ON Canada – January 08, 2009 – Top mortgage company agent Adam Thomas from Invis Inc. becomes business referral partner with debt settlement services companies launching a new website www.HomeOwnerDebtRemoval.com that reportedly aims to assist Canadians with debt relief programs and debt relief assistance.

In a society where residents are weighed down with debt repayment and debt consolidation problems, the new website promises debt relief/debt assistance by paying off such debts, lowering monthly payments and increasing cash flows. This would help them to stay debt free and increase their savings for retirement, renovations, and children’s education or make purchases they desire, while improving their overall financial situation. Our average client saves $500 to $1000 per month and more in some situations, as well; we follow up with ongoing support, guidance and planning as well.

The website further proposes to assist people in debt relief through various mortgage financing programs for their primary residence, investment properties or commercial property tailored to meet their situation and needs. It offers solutions relating to individual credit, income, assets and property equity positions. Programs are also available thru this partnership to assist those homeowners who don’t have the ability to obtain financing and who truly need debt relief. The site has been developed to be a complete one-stop shop to help everyone to receive debt relief help no matter what their current financial situation may be.

Proposed methodologies of www.HomeOwnerDebtRemoval.com is assessing each individual applicant according to their income, credit, assets and property equity position and thereafter formulate plans to sort out the problem through a first or second mortgage, private funding or thru a debt settlement agreement plan.

"No planning is finalized without due approval of the client and each step is followed up leading the client from initial through final stages of the process" declares Thomas. "Thru this partnership customers are able to receive financing and debt relief assistance. Though the customer’s we most often help are homeowners with high debt balance, we will of course try to help all who apply even non-homeowners. During the process, we will review and analyze all options available to the client and explain to them what programs we have to help them, we then make recommendations for the client to succeed in what they want, this way the client can make a informed decision on what’s best for them" he adds.

The partners claim that they can help in debt elimination of their clients under their debt relief assistance programs since it has built sound relationships with mortgage agents, debt settlement companies and trustees. Either a straight refinance for debt removal or other debt settlement agreement plans, ensuring debt relief would put clients into a better financial condition, they assert.

The partners also assure their clients that they can provide adequate support where people with multiple loans and consequential higher premiums do not know the way out. With only one consolidated payment substituting your multiple premiums, your savings would be considerable, they claim.

About Adam Thomas:

Top Mortgage Agent Adam Thomas of Invis Inc. the leading mortgage brokerage company in Canada dealing in financing to help with debt consolidation and mortgages of all types, with the aim of expanding operations, has now become a business referral partner with other debt settlement and trustee firms, who have come up with the new website www.HomeOwnersDebtRemoval.com providing a number of services related to debt consolidation and debt settlement for its clients.

Contact Information
Adam Thomas
Agent License # M08010228
Invis Inc License # 10801
Phone/Fax: (Toll Free) 888-668-6560
Email: press@homeownerdebtremoval.com
Branch:
264 Welland Ave 2nd flr St.Catharines, ON
L2R 2P8

Head Office:
480 University Ave
Ste 100 Toronto, ON M5G 1V2

Friends and Family Lending Solutions Now Available Through Sunwest Trust, Inc.

Posted on by
Reply

I’m sure by now you have heard about the national credit crisis.  During this time of national crisis have you ever considered becoming a bank?  That’s right; you can become a bank for a friend or family member.

You are probably asking yourself how this could possibly work and why you have not heard about this before.  You may have heard the term “Friends and Family Loans.”  That’s all it is, lending money to a friend or family member just like a bank would.

For example, let’s say that you have $200,000 in your local bank currently earning a whopping 2%.  Your son and his wife are trying to purchase a home for $175,000 but they only have $25,000 for the down payment.  They are currently trying to get a home loan to make the purchase, but with the credit crunch and the fact that they have little or no credit, that may be difficult to do.

You may have never thought of it, but you could become the bank for your kids and loan them $150,000 of the $200,000 you currently have in the bank.  The loan your kids are looking for might cost them 6.5%, but you may be willing to loan them the money for only 5% or 6%, thereby saving them money and earning you more than the bank was paying.  You can create a note and mortgage to secure the loan and protect your investment from any future creditors. By using a third party administrator to service the loan, your records will be accurate and the interest your kids will be paying can be tax deductible.

Sunwest Trust, Inc. can help you through the process and can administrate the loan once everything is in place.  Sunwest can collect monthly for taxes and insurance to spread those payment amounts over the entire year.  Your kids will make their monthly payments directly to Sunwest Trust; Sunwest will allocate the payment to principal and interest and can deposit the money directly into your checking, savings, or money market account. By making the loan for your kids, they can now build good credit for themselves and provide you with a monthly income at a rate higher than the bank.  In a few years when things get back to normal, your kids can refinance their home and pay you off or get a second mortgage for repairs or improvements.

As always, any investment has the risk of loss, and this is no different; so this may not be for everyone, but for those who consider the risk since it may be helpful to both you and your kids.  You are encouraged to consult your attorney or accountant before making such a loan.

For more information regarding this type of Friends and Family loan call Sunwest Trust, Inc. at 1-800-642-7167 or you could visit, www.SunwestTrust.com.

More Resources To Review If You Are Considering Making A Loan To A Family Member:
Great Advice Concerning Personal Loans From Credit.com...

What you need to know before you cut a check for a family loan? Please review Fool.com to read the entire story.

Austin Credit Repair Services

Posted on by
Reply

Anyone with less than stellar credit can use credit repair. Services offered by credit repair companies vary from firm to firm. Following are a few of the most common requests handled by credit repair services agents.

2 Common Credit Repair Services Requested

1. Remove Negative Items from My Credit Report: Negative items can be anything from unpaid collection accounts, medical bills, bankruptcies, judgments, foreclosures, tax liens, student loans, excessive inquiries,, and perhaps the most common – credit card debt.  This all can be removed off your credit report legally.

It is important to note that child Support can not be removed from a credit report.

2. Remove Inaccurate Info from My Credit Report: Some industry stats estimate that up to 80% of credit reports contain inaccurate information. It can be as innocent as an address that you never lived at, or as harmful as the debt of someone else (eg, in cases of identity theft).

It can be practically impossible to get the credit bureaus to remove information. They have no incentive whatsoever to do so – unless they are forced. It usually takes a trained professional to know how to deal with the credit bureaus to get them to remove inaccurate information.

There are many more credit repair services that a trained professional can provide. The two listed here are only the tip of the iceberg.

For more information about Austin Credit Repair Services, then check out Viable Credit Repair.com