Special rate on new Homeline Plan lines of credit still available…

 Hello – The PropertyFusion Team has been watching the recent news regarding the devastating earthquake in Haiti.  We thought we’d pass along some information about helping to feed the Haitian survivors.   We would like to pass along the following opportunity to help.  

As many of you know, Sharon and Kim are involved with a new business venture in NuSkin. Through all that is happening, they have recently found out that NuSkin has two amazing charitable foundations – who are both now helping in Haiti.  1) Nourish the Children and 2) Force for Good Foundation. Read the rest of this entry »

Great House, Great Location! This is a 3+ Bedroom home with 2 1/2 baths, single attached garage, fireplace, deck and hot tub. The upstairs originally had three bedrooms that has been converted to a two bedroom with a sitting room that overlooks the deck and back yard, as well as allowing access to the Hot Tub through the patio doors. Should someone want to convert this back to 3 bedrooms upstairs it could be easily done. A family of any size is sure to enjoy the spacious kitchen and living areas . The basement was professionally redone approximately 5 years ago and is very nicely done with a large family room, 3 pce bath, fireplace and a huge bedroom. Newer furnace and hotwater tank. This home is a Rare Find in Edmonton’s West End. It is Located on a Great Cul-De-Sac and backs onto a park. It is in a secluded area but is easily with in walking distance to West Edmonton Mall.

OPEN HOUSE
Saturday, January 9
2-4PM

Please call Sharon Gregresh for more information 780-702-9999

Incredible value in this 2008 quality built home. This is a great 3 bedroom bungalow with 2 full baths, main floor laundry, great room concept, kitchen/dining room and livingroom. The basement has 8″ICF x 9′ ceilings. The deck is on and made of treated materials for longer life. Exposed aggregate driveway with a 24′ x 24′ front attached garage that is completely done … Insulated, drywalled, painted! There is a high efficient furnace. This bungalow offers you superb value on a new street in a wonderful little community.

This home has been occupied, therefore it is not sold as new. GST is included in the price with the GST rebate back to the builder.

$289,000

Please contact Kim Bedry at 780-702-9999 or kim@propertyfusion.ca for more info on this property.

Please Contact Kim Bedry at 780-702-9996  or Sharon Gregresh at 780-702-9999 for more information or to visit this property.

Source: Yahoo Finance
What do you all think about what Mr. Kioyaski has to say?

http://finance.yahoo.com/expert/article/richricher/211091;_ylt=Auf82MjK3eqhkP2irW.HiSuER4V4;_ylu=X3oDMTFidHI0c3VuBHBvcwMxMwRzZWMDYmxvZ0luZGV4Q2h1bmtzBHNsawMyMDEwdGhlYmVzdG8-

Robert Kiyosaki Why the Rich Get Richer

2010: The Best of Times or the Worst?

“It was the best of times. It was the worst of times.”   
– Charles Dickens

Is the recession over? Are happy days really here again? Paraphrasing Dickens, my answer is, “For people who are prepared, 2010 will be the best of times. For many, 2010 will be the worst of times.”

The following are a few of my predictions and reasons behind them…

Prediction #1:  The real estate market will crash again.

Pictured above is a graph of mortgage resets. In simple terms, a mortgage reset is when a mortgage comes due. In normal times, refinancing was a simple process…but these are not normal times. Some points of interest:

1.  In September 2008, the mortgage resets hit $35 billion that month. That was the exact time the financial crisis hit. When people could not afford to refinance and began to default, the stock market and banking industry crashed. 

2.  The eye of the storm: In the summer of 2009 mortgage resets were low — around $15 billion a month. This is when optimists began to see “green shoots” in the economy. The green shoots were the eye of the storm.  In 2010, as I see it, the second half of the financial hurricane hits. By late 2011, the resets climb to nearly $40 billion a month. The storm will not end until 2012.

3.  The first half of the storm was primarily due to subprime defaults. The second half of the storm will hit more solid homeowners. The question is, can they weather the storm? Will Mac Mansion foreclosures be next?

4.  In America, there are over 40 million people who own more than two homes. Can they afford to carry and refinance two or more mortgages?

5.  Since home values have gone down, many homeowners will find they owe more than their home(s) are worth. Will the bank be kind to them?

6.  The time for using your home as an ATM is over. This is crushing retailers and retail real estate. Shopping centers are in trouble. Strip malls are empyting as shopkeepers close — permanently. This will lead to the crash of the office, warehouse, and other commercial properties.

My prediction:  Obviously these are the best of times if you are a buyer of distressed properties and the worst of times if you are a seller.

Other things I am watching for in 2010:

1. Will China crash? America’s crash has hit China in the gut. The Chinese are laying off millions of workers. Only massive government bailout is keeping the economy afloat. The Chinese boom will eventually go bust…but will it bust in 2010? Only time will tell.

2.  When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials.

3.  Fed Chairman Ben Bernanke is replacing toxic debt with new debt. By protecting his friends in the mega-banks, he is turning the U.S. into a zombie nation. The recession is over, but America is entering an era we will be calling The New Depression, a period when the rich become extremely rich but everyone else becomes poorer. Taxes will kill anyone working for a paycheck.

4.  The U.S. dollar will grow weaker. If the dollar strengthens, we will have more unemployment because our goods become too expensive and we will export less. 

5.  The deficit will increase.  The bailouts for the rich are killing the economy.

6.  Israel may attack Iran. Israel will not tolerate Iran developing nuclear power, even if Iran claims it is for peaceful purposes. If there is an attack, oil prices will go through the roof. 

7.  Dead cat bounce. The current stock market rally will probably turn into a dead cat bounce. If the Dow drops below 6500, 5,000 may be the next stop.

The Best of Times

I know I sound painfully pessimistic. I know my predictions are bad news for most people. Yet, for others, bad news is good news.

The following are the bright spots for people who are prepared. Read the rest of this entry »