February 2008 Elective Class Schedule Dear Members,Every month, Prosper offers a number of Elective Classes to students wishing to expand and enhance their educational experience. Some of our most popular classes are available to you at no charge with your active Success Center membership.Take a look at the many Elective Classes that are available to you in February. All times listed as Mountain Time Zone Big Profits in Short Sales by Jeremy BrandTuesday Feb. 5 @ 6:00 PMWednesday Feb. 20 @ 6:30 PMIntro to Commercial Real Estate Investing by John Breedlove Monday Feb. 11 @ 6:00 PMMonday Feb. 25 @ 6:00 PMIntro to Multi-Unit Real Estate Investing by Cary Beagley Thursday Feb. 7 @ 5:00 PM Friday Feb. 22 @ 4:30 PMLease Options by John RadmallThursday Feb. 7 @ 6:00 PMThursday Feb. 21 @ 6:00 P... 01/31/2008

This has been checked on Snopes.com and it is definitely true. My heart goes out to the parents of this little girl and I pray she is found, and soon. http://www.snopes.com/inboxer/missing/reachelle.asp IF YOUR CHILD WAS MISSING WOULDN'T YOU PRAY THAT EVERYONE PASSED THIS EMAIL ON!!!!! DO THE RIGHT THING AND LOOK AND FORWARD!?Missing Girl from North Dakota !!!!!!!!!! You never know where this email could end up and I'm not going to stop passing this one around if it means a little girl can be found!!! Please spread this picture  You just never know. BEFORE YOU SKIP THIS, LOOK AT THE CH ILD. DO IT AGAIN. NOW SEND IT TO ALL IN YOUR ADDRESS BOOK. IT TAKES 10 SECONDS. PEOPLE ARE MISSING HER AND SHE WANTS TO BE HOME. DO SOMETHING GOOD.              01/31/2008

This is too true to be very funny The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money. A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases. A. A billion seconds ago it was 1959. B. A billion minutes ago Jesus was alive. C. A billion hours ago our ancestors were living in the Stone Age. D. A billion days ago no-one walked on the earth on two feet. E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it. While this thought is still fresh in our brain, let's take a look at New Orleans It's amazing what you can learn with some simple division Louis... 01/31/2008

Florida Future Realty Inc. has successfully listed, negotiated, and sold two Short Sale listings this week.  Two of our Cape Coral Short Sale files closed after recieving their final approval from their lenders.  Short Sale negotiation is definately not for the faint of heart or one with a lack of patience.  It takes skill and a tremendous amount of dillegence and skill to close these properties, but they do close. Over the past year Real Estate Broker Susan Milner, and REALTOR Scott Slocum have developed a solid proven system and implemented this process to successfully negotiate and close multiple short sale pre-foreclosure properties. If you are in financial distress and have thought about selling you home as a Short Sale to avoid foreclosure, follow this link for assistance.  Florid... 01/31/2008

Every day I see short sale listings sitting on the market while the buyers pass them by, they don't want to waste their time.....the foreclosure proceedings move forward, the lawyer bill gets fatter....This market has taken the real estate community by surprise...I feel lucky to have been prepared with years of experience doing foreclosure bailouts and arranging lease back / buy backs, and fortunate to have teamed up with Team Dynamic and Gulf Gateway Realty! Again, I encourage any homeowners in a foreclosure to reach out to us for help before the bad situation gets worse,which it will...likewise to other Realtors who lack the expertise to handle a short sale effectively, I'll gladly pay the referral fee upon successful completion of a sales contract. 01/31/2008

What would my perfect day, week, or month be like?  Where would I be?  Who would I be with?  What would I be doing?  In 5 years what would I like to be doing?  What kind of person would I like to have become?  Where will I be living?  Who will I be spending time with?  How much will I be earning?  What knowledge will I have acquired?  What kinds of experiences will I have had?  What will my typical day be like?Some examples:Wake up to the crisp mountain air coming in the windos of my Tahoe retreat.Invite my family and friends to my own private island.Successfully build a foundation to teach success principles to students, homeless, uneducated, single moms, single dads, and groups that would benefit from them.Go on an African Safari trip.Buy my mom a house and hire a personal helper.The ... 01/31/2008

 Cape Coral Real Estate Report 1-31-2008 Here is the 24 hour report for 1-31-2008 activity in the Cape Coral Real Estate market according to the MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics.For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/  24-Hour Market WatchNew Listings70  Back on Market7  Price Increases20  Price Reductions197  Contingents5  Pendings25  Solds23  Expireds77  Inactives16   SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation.BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know abo... 01/31/2008

    Joe Kendall Realtor with Sandals Realty writes, I get lots of phone calls from people thinking about doing a short sale and asking questions? Like, What is a short sale? Will the bank really work with me?  Well without getting to in depth I just want to briefly go over what is in a bank package of requirements. I can not speak for every bank and they all are a little bit different , but I would like to give you the most common documents that are request from the home owner by the banks.Hardship letter,  Explanation of the owner hardship requesting for assistance, Supporting Documentation, any letter, or form to support a hardship Financial Statement, Form is sent to you from the bank to be signed and dated. Federal Income tax returns, Copy of the last two years with W-2"s Bank State... 01/31/2008

I am wandering if anyone else feels that since the governments are going to have to redo their budgets, the fire departments, police officers, etc will band together to try increase the millage rate?  We just passed Amendment 1 which will make our SOH portable, keeps the 3% rise on homestead assessed property values, and will double our homestead exemption.  For example lets say your home is worth $200,000.00.  According to the lee county property appraiser office estimated taxes will be 3121.00 for non-homesteaded property.  Lets say the market goes up next year and your property now is assessed at 206,000.00.  you will now pay 3215.00 a savings of 94.00.  this estimate was found using the current millage rate of 17.3401.  Now lets see what would happen if the millage rate goes up to 1... 01/31/2008

I am wandering if anyone else feels that since the governments are going to have to redo their budgets, the fire departments, police officers, etc will band together to try increase the millage rate?  We just passed Amendment 1 which will make our SOH portable, keeps the 3% rise on homestead assessed property values, and will double our homestead exemption.  For example lets say your home is worth $200,000.00.  According to the lee county property appraiser office estimated taxes will be 3121.00 for non-homesteaded property.  Lets say the market goes up next year and your property now is assessed at 206,000.00.  you will now pay 3215.00 a savings of 94.00.  this estimate was found using the current millage rate of 17.3401.  Now lets see what would happen if the millage rate goes up to 1... 01/31/2008

       Florida Foreclosure Property, This one located in Cape Coral Florida. This home is a Gulf Access waterfront pool home goes pending after 14 contract offers where made on this home! Who says there are no Home Buyers? And Yes there are Home that are selling and Some people are getting some unbelievable Deals! Now is the time to buy your waterfront home in Southwest Florida. Search hundreds of homes from My Web site www.ViewSwFlorida.com   Search hundreds of waterfront homes from My web site www.JoeSellsCapeCoral.com Sign up for a free Home Buyers Account for access to the local MLS service visit www.Joekendall.listingbook.com     Pending 01/24/08Listing # 2008043195218 Tamiami Ct Cape Coral, FL 33904-5844Listing Price: $230,000County: Lee Prop TypeResidentialProp Subtype(s)Single F... 01/30/2008

There is a lot of confusion out there about short sales in our current market - and I'm sure many other markets as well.To clear things up some, I'm going to share a personal experience. In the past week, I've had 3 of our short sale listings close. All three of these short sales were single family homes in Cape Coral, Florida.Yes, they all took just over 100 dom (days on market) start to finish but that is not bad considering how long a short sale can take.  Many 'normal' sales take longer than that.Two of the listings actually would have closed much sooner, but one previous cash buyer, ended up not having cash when it came down to closing day - that wasted some time. And another listing was a similar situation, previous cash buyer *disappeared*  - yep their agent couldn't find them an... 01/29/2008

I just can't believe what the Cape Coral Real Estate Market is doing.  When you do a home search 70 percent of what comes up are short sales.  A short sale is when the Seller is selling the home for less than they owe on the property.  Trying to sell the short sale properties is very difficult because the banks are unresponsive.  They have become inundated with these properties and it is pretty evident they are swamped and in some cased have no clue as to what they are doing.When you write an offer on a short sale it can take the banks weeks or months to respond to the offer.  Most Buyers do not want to write an offer on a home and then wait weeks or months to find out if the banks will accept the offer.  As a result of this many Agents are not showing short sale properties.  What is le... 01/29/2008

Fund established, funeral set (12:37 p.m.)A fund has been established for the young daughter of Christine Lozier-Dunn, who was killed Friday afternoon at Bobbie Noonan's Child Care in Cape Coral, allegedly at the hands of her estranged husband. The girl, 2, is the daughter of both the victim and the suspect, Robert Dunn, 44, and was said to have been inside the school at the time her mother was killed. Donations can be made at any Wachovia bank location. A bank representative said Tuesday the fund had not been given a name, so those wishing to donate should simply tell the clerk they want to donate to Lozier-Dunn's daughter's fund. Funeral arrangements for Dunn, a teacher for eight years at the center, have been made. Visitation will be Thursday from 6 to 8 p.m. at the Fuller-Cape Coral... 01/29/2008

       Cape Coral Florida Bank Pre-Foreclosure Short Sale Closings  Last 30days.  Joe Kendall Realtor with Sandals Realty writes, here are the last 30 days short aking deals!sale closing in Cape Coral. Now is the time to buy! Banks are ready to deal!  Search hundreds of homes on line visit www.JoeSellsCapeCoral.com   Free Home Buyers Account Visit www.JoeKendall.Listingbook.com  Property Type  Residential    Property Subtypes  High Rise (8+), Low Rise (1-3), Mid Rise (4-7), Single Family, Townhouse, Villa Attch/Half Dup   City  Cape Coral Status  Sold (12/29/2007 to 1/29/2008) Short Sale  YesListings as of 01/29/08 at 8:36amProperty Type: ResidentialStatusDOM  StatusDateListing#PriceAddressCityGEO Area  BD  BALot SizeLiving AreaSold160  01/18/08200744741142,000 1055 SE 43rd StCape Coral... 01/27/2008

  Cape Coral Florida Bank Foreclosure Short Sales Lee County Florida. Joe Kendall Realtor with Sandals Realty writes: One of the most often questions I receive about bank short sales, People always ask, when is it the right time to make an offer to the bank on a short sale? Well I always say every deal is different, but on an average the home owner must be at least 4 months behind in the mortgage payments.  The owner must write a hardship letter explaining what has happen in their recent life that reflects the fact they no longer can afford their current home. The bank will require the seller to present the bank with several documents ( last two weeks pay stubs, last year tax return, current bank statements to name a few ) supporting the fact they can no longer afford the current home. ... 01/27/2008

Lee County home sales ended a horrible year with a sharp two-month drop in prices, according to a report Thursday by the Florida Association of Realtors.Nationally, the news was grim as well: The median price of an existing single-family home fell 1.8 percent - the first year there's been a drop since the Great Depression of the 1930s.For single-family homes in Lee County, the median price in December was $215,200, down 18 percent from $263,700 a year earlier and 10 percent off October's $239,300. November's numbers weren't available.The year 2007 showed a median price of $257,000, off 6 percent from $273,600 in 2006."I've seen in the last couple of months some pretty big price declines," said Brett Ellis, an agent with Remax Realty Group. "A lot of sellers are getting caught unaware of... 01/25/2008

You are friendly, kind and caringSensitive, loyal and understandingHumorous, fun, secure and trueAlways there... yes that's you.Special, accepting, exciting and wiseTruthful and helpful, with honest blue eyesConfiding, forgiving, cheerful and brightYes that's you... not one bit of spite.You're one of a kind, different from othersGenerous, charming, but not one that smothersOptimistic, thoughtful, happy and gameBut not just another... in the long chain.Appreciative, warm and precious like goldOur friendship won't tarnish or ever grow oldYou'll always be there, I know that is trueI'll always be here... always for you. 01/25/2008

Friends Make it a Better PlaceA friend is someone we turn towhen our spirits need a lift.A friend is someone we treasurefor our friendship is a gift.A friend is someone who fills our liveswith beauty, joy, and grace.And makes the whole world we live ina better and happier place.   01/25/2008

I am so close to being out of debt,  Just a few more investments, credit score is up there, I am just tickled pink and happy for myself.  I just had to tell the whole AR members.  I am sad for all the people who are struggling in this market, I know it takes one bad mistake or one bad decision to make things go wrong. I believe we are all realizing we can not be slaves to our creditors, we work harder just to pay bills and interest.I cannot tell you what to do but I know how important it is to not spend money you do not have.  If I have to use a credit card, I have one card with a great rate of 1.9% on purchases for 9 months.  I use it carefully and then put the money in a money market savings to earn 5% interest and then I will pay it off at the end of 9months.  How did I get this, wel... 01/25/2008