Home owners can get an never-ending supply of cash with the right strategy for their mortgages
Your home is a vault, with a never-ending supply of cash, and all you need is the right combination of strategy and knowledge, and you can open that vault, and pull out that cash, over and over again. Winning the Mortgage Game: Beat the Bankers & Get Rich Doing It will give you the correct strategy and all the knowledge to save tens of thousands of dollars on your mortgage and put an equal amount of money in your pocket, using the equity in your home, properly.
Mark Barnes, a licensed mortgage professional who has purchased over 1 million dollars-worth of rental properties, and closed loans in excess of $4,000,000 for others, reveals the secrets that bankers keep that make them rich and cost average homeowners tens of thousands of dollars through high-interest payments and unnecessary costs.
Mark also teaches the power of equity and how to create a money-cycle that can actually make you rich!
If you own a home or want to purchase a home or investment property, Winning the Mortgage Game: Beat the Bankers & Get Rich Doing It is an absolute must!
About the Mortgages Author
Mark Barnes is a teacher, writer, and licensed mortgage professional. He has helped people complete residential home loans, one to four family rental home purchases, various home equity lines of credit, and commercial loans, including multi-million dollar apartment complexes. He has purchased 26 houses, himself, during the past seven years.
Mark has combined his vast experience in the mortgage business with his acute writing skills, in order to complete his latest work, Winning the Mortgage Game: Beat the Bankers & Get Rich Doing It. This gracefully-written, no-nonsense book cuts through all the mortgage jargon, graphics and charts that other real estate and finance books confuse people with and clearly demonstrates how anyone get rich, using just their home loan.
Free Preview of the Mortgages Book
Owning your own home is a huge part of the American Dream. Buying your first house is one of the most exciting experiences of your life. You drive around neighborhoods, looking for that perfect place, where you and your spouse and maybe some kids, and perhaps a dog or cat will live. Or you find a great piece of land to build that perfect place – the place that will be all yours. No more apartments, no more rented parts of houses, no more landlords, no more carrying groceries up steps and dropping quarters into machines to complete your laundry. No, you will now have a place to call home, your place and no one else’s.
But wait just a minute. It’s not really your place, after all. The title may have your name on it, but the mortgage and note, that promise to pay back your loan, belongs to the bank and, consequently, the bank also owns your home.
So, is owning a home really the American Dream? Is being financed up to your eyeballs really worth it? The answer to both is a resounding “Yes.”
Buying a home, no matter if it’s your first or fifth is still the greatest purchase you’ll ever make, and it can also be the most gratifying. . . . .It’s not just your home that is a wonderful asset. Your mortgage is, too. That’s right, your mortgage can be your best financial ally, and your home is a vault, with a never-ending supply of cash, that most people don’t realize is there or do not know how to unlock. This book will teach you all about that vault and how to open it over and over again. By the time you’ve finished reading the amazing information in these pages, you’ll know what the average mortgage broker knows and more than most. You’ll know the bankers’ secrets, things mortgage brokers don’t tell you, and how they get rich off unsuspecting home buyers, too caught up in that moment to worry about the future.
This invaluable information will also help you reduce the monthly payment on your home loan, pay less for future mortgages, learn how to pay off thousands of dollars in debt, while still reducing your monthly payment, save money on your taxes and best of all, understand the never-ending money cycle that your home provides that can literally make you rich.
The Power of Interest-Only Mortgages
So, let’s suppose you take an equity line for $50,000 at 4.25% interest. This interest rate is based on the prime rate, a floating rate that can change but does not fluctuate very often. When this book was published in 2003, the prime rate was 4.25 percent. So, on your $50,000 equity line of credit, your payment is $177.00 each month. This is an incredibly low payment on a loan of this size. This gives you a great deal of power, because you can control a large sum of money for an extremely low monthly payment. It is this low, because . . .
“Your home is a vault, with a never-ending supply of cash, that most people don’t realize is there or do not know how to unlock,” says Mark Barnes, in Winning the Mortgage Game: Beat the Bankers & Get Rich Doing It. Bankers and mortgage brokers get rich off unsuspecting home buyers, too caught up in the moment to consider the future, adds Barnes, a nationally published author and licensed mortgage loan officer.
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Barnes is very outspoken and, as evidenced by his book, not afraid to take shots at modern financial institutions and unscrupulous, money-hungry mortgage brokers. To talk to him about mortgages, call (440) 668-2420.
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