I received a mailer advertisement from a certain politician greasing his wheels for election re-election, or just spewing his rhetoric and a full page of soundbites. The information, though, is very true. The recession or depression we are in (whichever it may really be) has crippled the economy and because a huge number of Americans have lost their jobs, our tax revenue has decreased in the 10 percent range this year and last. In most families or individual lives when income goes down, expenditures decrease respectively mostly. But never does that happen with our government. In fact, our government deems it a decrease in spending if the actual dollar figure we spend is of a lessor increase than the last year. In other words, since our expenditures have only risen 18% despite the lower income,  when normally our increase might be 20 percent, they call it a 2 percent reduction in spending. They are telling us it is raining while they piss on our collective leg.

And the increase in spending is actually higher because the falsely low interest rates available now have deemed our interest payments on our national debt is actually lower than last year yet our debt has more than tripled since Obama took office. This is a travesty and no amount of hand-wringing, lecturing, or journaling, such as I am doing now, will relieve that.

This is standard practice for this behemoth government that no longer works, not even a little bit. Witness the haggard health care bill. They have worked on this pile of garbage for over a year with absolutely no results and instead of making it a viable option, have resorted to coercion and subterfuge to get it passed or not passed. Both parties have a big hand in this. They have wasted more money and time on a bill that isn’t even what it would be were it to pass, than we spend fighting wars in foreign countries. And if the bill were to pass, which is highly doubtful, it would be completely re-vamped immediately, and would not even be active for another three years. What a freakin joke!

But the good part is, because these bozos that run our country can’t get out of the way of a five year old’s dodge ball toss and couldn’t catch it if it hit them, we are enjoying the lowest interest rates for home loans in more than half a century, and home values are so low it is cheaper to buy a house than it is to rent one. So call me and let’s get a loan pre-approved for you, then get your butt out and find your castle, and put heavy duty locks on the doors!

See some of the real life celebrities that are in danger of losing homes. http://www.zillow.com/blog/celebrity-foreclosures/2008/06/#{scid=news-site-rightlink2}.  Long-time TV host Ed McMahon,  Retired baseball star, Lenny Dykstra, actor Stephen Baldwin, and boxer Evander Holyfield are among many stars losing their homes to foreclosure. But loan modifications are starting to work for everyone; witness the story of Jeanna Keough, retired star of  “Real Housewives of Orange County,” And her story of gaining a loan modification to save her home in Southern California.

http://lansner.freedomblogging.com/2010/03/08/housewife-gets-loan-modification-for-coto-home/58703/

But now may be the greatest time ever to purchase real estate. Prices are very low, I haven’t seen prices like this since the 90s. And with interest rates in the 4s, payments are less than rent again. So for first time buyers the market is great like maybe never before, that is if you are still working . It looks like we are close to the bottom in sales prices, there are even indicators that prices have already begun to rise, but they won’t rise drastically for a while. And there are still a lot of short sale bargains available, bank repos, and distressed homeowners that have to move and are willing to lose to sell now.

If you are in position to buy a home, do it now. Even waiting as late as May 1 may cost you money. There are a few tax credits available that will reward your purchase now, but that ends Apr 1 unless the government extends the programs again. Take a look at the programs here on the IRS site:  http://www.irs.gov/newsroom/article/0,,id=187935,00.html

Every market is different and there are some areas in the country that will see further drops in prices and values, but you have to weight the benefits of waiting, hoping for more purchase savings, and the cost of the money you will borrow later in the game. Interest rates could be as high as 6 percent by the end of the year according to many analysts. Read Cnn’s article here: http://money.cnn.com/2010/03/02/real_estate/real_estate_deals.moneymag/index.htm.

I’m sure at some point in my life, being not only a musician of certain fame in very small circles, but also a bludgeoning song-writer, I will write a song about this new voyage I am taking. But, the object here is to write in little boxes that transfer to the front of your computer screen…see?

Well, that’s me, probably trying to type words. But that is at my desk where I work. We have a microwave and some water in bottles, pens and paper, and telephones. There’s other stuff too, but its not as important. My job is to find people that want to re-finance their house, or finance a new purchase of some sort of real estate, or maybe assist someone in getting a loan modification. It doesn’t matter how I find these people, just have to find them. This blog is a way to generate some clients for me, and this is where I humbly ask you to be my client, let me lend you some dough. There will be a contact page soon, but I’m gonna have to cut this a little short; it’s late and it’s time for music, so I won’t get that finished tonight. I am going to try to write a little here every day. For a while in my life I did write something everyday, and I grew to like what I write, or at least I liked writing it.

But back to why I’m here; loans for real estate, and like a friend of mine who happens to be a real estate broker in Tucson said, this ain’t a very good time to get into this business, but seems like he has always done well in rough times, and I always did well selling cars in bad economic times. And though it is true I have never witnessed a crash such as we are still riding out now, there is a little bit of an edge in this particular economic disaster. You see, a big part of the plan to fix our economy is to spend money, and a lot of it is available to the homeowners who have run into seemingly insurmountable challenges in staying current with their mortgage, and are in danger of being part of the foreclosure statistics. Loan modifications. And here at my work, (oh yeah that’s Amerifi Home Loans ), we assist folks with negotiating a new more favorable and affordable payment on their home.

Anyway now you know why this blog is here, hope you will come back and read some more, as I go