Did your bank just go under?
Hey, ready to start your week? I
hope you had a great weekend. I’ve been keeping
up with the news for you so you don’t have
to spend your time scouring the internet. And
make sure to check your email for news about
the exciting launch we’re having. And as always
check out my blog and leave me some comments.
FIVE MORE BANKS SHUT DOWN
From North, South, East and West 5 banks across
the country were shut down. That makes 120
for 2009! Last year only 25 were shut down
the whole year. So even though some indicators
show that the recession is ending, the bottom
line is some of us are still having a tough
time.
The largest bank closure of last week was in
California and is expected to cost the Federal
government $1.4 billion. That comes despite
the $300 million given to the bank last year.
Analysts are unsure how the government plans
to recoup its losses.
And do you know which sector of loans defaulted
leading directly to the collapse of the bank?
Construction loans! (Surprised? What do you think?
Leave a comment!)
That’s right, the hardest hit sector of the
housing market is new construction. I feel
for the construction guys out there. I really
do. But I feel even worse for you if you don’t
realize what an opportunity you have.
If people aren’t building homes, then what are
they doing?
They’re buying homes!!!
And you’ve got to get in on this market. Now
is the perfect time to get moving.
1) Check out my site www.shortsalefundamentals.com
for everything you need to build your Real Estate empire.
2) Catch my emails about the launch we’re having
which is really going to make your financial
dreams come true (and maybe your other dreams too!)
3) Share your success stories here on my blog
or just ask for advice. I check my mail and
my blog everyday and I will personally respond
to you.
Have a great week! I’m expecting big things from you.
