“How To Escape the Debt Rat-Race And
Get Debt-Free, Fast...
How To Escape From Financial Prison?”
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Including:
Important Information About
Your Home Mortgage
Dear Friend:
Thank you for responding to my recent advertisement, offering this Report: “How To Escape From Financial Prison.” My name is David Forer, and I am a home mortgage, debt settlement, and cost-reduction expert.
I call it “financial prison” because even though we do live in the greatest country in the world, even people with good incomes, who are buying their own homes, wind up in “financial prison” instead of “financial freedom” - mostly because of what bankers and credit card companies never tell them - and hope you never stop and think about. Just for example, the true interest rate on most home mortgages is about 200% - no, that’s not a misprint; I said 200%, because if you have a 30-year mortgage, you’ll pay for the home about three times…on a $150,000 mortgage, you’ll end up paying about $450,000 in interest!
(That’s why ANYTHING you can do to cut the interest rate and/or pay it off faster MUST be taken advantage of.)
Or for example, the kind of credit card debt most people take for granted can eat away your entire financial future like a horrible cancer. If you
buy $2,000 worth of furniture with a typical credit card and make the minimum monthly
payment, you’ll wind up paying about $10,000 for the furniture, 5 times what it’s
worth. Do you think you can get ahead financially paying 5X’s what things are worth?
(That’s why ANYTHING you can do to wipe out credit card debt MUST be considered.)
So, who is this Report for? This Report is for homeowners with a good income, who pay their bills, but who would sincerely like to be debt-free and financially secure while still young enough to enjoy it, maybe even become wealthy. Whether you’ve had some credit problems and have a blemished credit report, whether it’s clean as a whistle, whether you’re struggling now and need help, or are doing okay. But when you really analyze things, you are using too much of your money just servicing debt. This Report will show you how you can turn your entire financial situation inside out for the better.
I have helped many homeowners, like you, become debt-free in as little as five years by restructuring the way they pay their bills and by using their home’s value as the means of accomplishing some or even all of these things:
(1) Refinance Your Home and Consolidate All Your Other Debt and Save You
Money and/or
(2) Refinance Your Home and Reduce Your Monthly Payment AND Interest
Rate, So You Have More Cash Every Month and/or
(3) Refinance and Get Your Mortgage Paid Off Years Faster AND Save You a
Ton of Interest and/or
(4) Consolidate All Your Other Debt, Pay Off Your High Interest Credit Cards,
Reducing Your Total Monthly Bills – Even Give You a Month With NO Bills to
Pay
And if you have credit card debt you are not paying off in full every month, think about this: not only are you paying so much interest, you’re actually paying about five times what you buy is worth. None of that interest is tax-deductible. If you wipe away your credit card debt with home mortgage refinancing, you switch the interest you must pay to being tax-deductible.* This is like getting a 20% to 35% discount on the interest.
This difference can set you free.
*Consult your tax expert.
Imagine: Never shuffling through “the bill drawer” again, deciding who gets paid today and who doesn’t, not writing out a dozen checks each month: financial simplification! And imagine having hundreds of free-up, extra dollars each month to invest, to get wealthy, so you can stop working if you like, retire early if you like, maybe start a business. (Did you profit from the recent stock market boom? Do you have money making you money in mutual funds? Are you investing 15% of your income? If not, why not? – (because you’re spending too much of your income just paying bills!!!) Let’s change this for the better. Now.
Maybe the idea of refinancing your home bothers you…it’s complicated, too much paperwork, time-consuming, you hate dealing with bankers, you think there’s not enough equity. I promise: I can resolve all of that for you. I can make this easy, simple, and painless. And the benefits can be enormous. Consider this one example from my Client Success Story files:
“We had an ARM mortgage whose rate had just gone up, which caused our payment to go up an extra $234.00. We also had a bunch of high-interest credit cards, and even though we both work and make good money, there never seemed to be anything left at the end of the month. Following your plan and using the new mortgage you chose to match our needs, we were able to lower our interest rate on our home mortgage. All of our other debts were paid off during the refinancing – even the car loan and our total monthly payments to bills were reduced by $318. This gives us almost $4,000 a year in cash we didn’t have to invest. We also gained new tax advantages. We even got $7,621 in cash when we refinanced. Thanks to you, we’re in a much better financial position. Why wouldn’t other people do this?”
As you can see, there’s a lot that can be accomplished through smart-home mortgage refinancing. Of course, your banker or present mortgage holder is not breaking his neck telling you about any of this – chances are you are over paying, and he knows it. And unlike banks, I use my years of extensive experience to analyze your situation and find you the very best mortgage plan custom tailored to you. I’m an “independent” able to choose from literally hundreds of different mortgages on your behalf rather than force-fitting you in to one of a few. This service can put thousands and thousands of dollars back in your pocket as in the example I just gave you.
Should YOU Let Me “Re-Engineer” Your Debt?
Here are some simple questions to see how smart home mortgage refinancing
and debt consolidation might help you. See how many you answer “yes” to.
1. Do you have more than three credit cards you use regularly?
2. Do you make minimum payments or pay less than the full balance on credit cards most months? Last month?
3. Are you saving and investing less than 15% of your income?
4. Would you like to get out of debt entirely?
5. Would you like to lower your monthly payments?
6. Could you use extra money to pay back taxes or put a child through college or for some other important purpose?
7. Would you like to buy a new car or maybe even a new home within the next 6 to 24 months but aren’t sure you can get the refinancing or handle the higher monthly payments?
8. Would you like to be able to retire 5 or 10 years ahead of schedule, able to live on interest from your investments?
9. Are there tax-deductible savings opportunities like pension plans, IRA, Keugh, Medical Savings Accounts, etc. that you are missing out on because you don’t have enough money after paying bills to do them?
10. Would you like to take a really good vacation or make some improvements to your home this year without going into debt to do it?
My friend, if you answered YES to even a few of these questions, then
requesting this Report was a very smart thing to do. We can use smart home mortgage refinancing to “re-engineer” your debt, interest and monthly payments to instantly
improve your financial position AND get you on the straight and narrow path to freedom from debt to true financial security.
Consider These Shocking Facts – Important Reasons to
Do Something Different About Your Financial Future Now,
Before You Get There!
1. The average savings of a retired couple amounts to only $7,000. (Nobody thinks that’ll happen to them, but…)
2. On the average, today’s working Americans can expect to receive (from Social Security, pensions, etc.) just 37% of the retirement income needed to
live comfortably.
(Source: “America’s Retirement Crisis: The Search For Solutions)
3. 85% of Americans have a TRUE net worth (paid for assets less all debt and bills) of less
than $250!!!
(Source: Social Security Administration)
4. The average person works the first 130 days of each year just to pay taxes – and about
another 180+ days just to pay interest on debts and bills. It’s October (or later) before
he actually keeps a dollar for himself and his family!
5. 92% of the average family’s income is spent paying on debts.
(Source: Philadelphia daily newspaper)
(If the average family cuts this from 92% just to 85%, they could amass over $500,000
during their working lives – EXTRA money!)
6. Making just the minimum payments on just $4,000 of credit card debt will require
almost 42 YEARS to pay it off!!!! (And cost over $14,000!)
7. If the average person just cuts the costs of servicing their debt-load by half and invest the money saved at 8% or 10% annual interest, with some tax-free compounding, they’ll create over ONE MILLION DOLLARS CASH for retirement in 25 to 30 years! (Become a Millionaire in your current career without working any more or taking risks just by “re-engineering” your debt!)
I hope you can clearly see why it is very, very, very important for you to:
#1 Get the lowest possible cost home mortgage (even 1% in interest saved through refinancing could equate to tens of thousands of dollars!)
#2 Break free from credit card debt slavery – now.
#3 Get and use a sensible plan to pay off debt and get debt-free faster.
#4 Replace a hodge-podge of high interest bills with a single, lower interest monthly payment.
#5 Replace non-tax deductible interest with tax deductible interest.
Now, Here Are Borrowing Facts Your Current Creditors And
Most Bankers Hope You Never Find Out
1. HOW MUCH EQUITY DO YOU REALLY HAVE IN YOUR HOME?
This is a closely guarded banker’s secret. Truth is, you probably have more
equity (value) in your home than you think. And different companies use different methods to determine how much you can borrow on your home. These days, there are even plans
that allow “borrowing power” you have locked up in your home. I can determine that for you.
2. SECOND MORTGAGES ARE A BAD IDEA.
Sometimes a second mortgage is a bad idea but sometimes it’s a good idea – it just
depends on your particular circumstances. My job is to determine THE best way for you to use your home’s value as the “crowbar” to pry open the financial prison
doors and get you to the best possible financial place you can be.
3. REFINANCING IS TOO EXPENSIVE.
Refinancing usually has some costs but is NEVER “expensive” when it saves you money. When refinancing slashes your interest rate and/or pays off other high-interest bills
and/or lowers your total monthly bills, it is NOT “expensive”. When I get your creditors to except settlemements of 50% or less ii is not too expensive. When you do not have to
pay any out of pocket costs for my service, it is not to expensive.
4. CREDIT PROBLEMS STAND IN MY WAY.
Many people think bad credits stays on their records for seven years. While that is technically true, there are good loan programs where only your most recent 12 months of credit
behavior is considered. There are good plans even for people with past or even recent bankruptcies. There are “no income qualification” plans. Basically, if
you are an employed or self-employed homeowner, we can bring you a home mortgage refinancing plan you can qualify for that is in your best interest, that will save you money, regardless of
past or present credit problems. Of course, if you have good credit, so much the better. But you do not need to be trapped because of credit problems either.
5. “I DON’T WANT TO GO THROUGH A LOT OF EFFORT AND THEN GET TURNED DOWN”.
I know how unpleasant it is to deal with
most banks and other lenders. So, let me make you three promises.
Promise #1: There is a refinancing plan that will “fit” you and your needs. We guarantee it – or we’ll treat you to a steak dinner. If my team of “super experts” can’t bring you a mortgage that is in your best financial interest, that you understand and like and want and qualify for, I’ll pay for you and your spouse to have a great steak dinner at a nice restaurant, as my apology for inconveniencing you. (Try to find a banker who’ll do that.)
Promise #2: You will be treated well. We’re a company managed by people with over 14 years experience in mortgage lending, and we are dedicated to treating you like
a fellow human being (not an “account” or a number), with dignity, courtesy, understanding, and professionalism. We know that revealing personal and financial information
to strangers is unpleasant and intimidating. We respect your privacy, and we are here to help you get from wherever you are to a much improved financial position. You will be
treated as if you were a friend of the family. And you will get truly expert advice and assistance.
Promise #3: I have made this process as simple and streamlined as possible. In most cases, we’re going to ask you for just three documents. Ask you less than ten questions, be able to do everything by phone, FAX or mail, and complete everything within ten days.
6. IT’S TOO SOON TO REFINANCE.
Maybe you recently bought your home or recently refinanced. Maybe it is too soon. But maybe not. Sometimes it makes good sense and puts money in your pocket to refinance
right now regardless of how “young” your mortgage is or who your current lender is. We can determine that. And if you ought to leave things as they are, we’ll
tell you that.
7. YOU PAY MORE IF YOU FINANCE SOMEWHERE OTHER THAN A BANK OR A BIG-NAME MORTGAGE COMPANY.
That “lie” could steal $10,000
to $50,000 from you! No one bank or company has an “exclusive” on the best rates or terms. In my 14 years in the business, I’ve built one of the
biggest mortgage companies in America that advertises on TV constantly. I’ve also consulted with banks and mortgage companies. I now prefer running a “smaller
shop” and being independent. I know this business inside and out, and I can absolutely assure you that an independent like me has access to all the very best rates, terms, and
deals working for you. I have hundreds of different plans to choose from. I am not “owned” by any one company. I do NOT have to sell you only what my bank has
to offer. Instead of force-fitting you into an “off-the-rack” mortgage (or turning you down), I will “custom-tailor” the best possible mortgage for you.
By the way, I never ask for a “front fee”, and you do not pay me even a nickel if deducted from the loan, so there’s no out-of-pocket expense. And everything is
fully disclosed.
By the way, banks have to do a lot of things: handle checking accounts, savings accounts, business accounts, now they’re selling insurance and investments and on and on.
They’re like a “general store.” But I’m a “specialist”. I do one thing and one thing only: home mortgages. Once you realize that
the handling of your debts, credit card bills, and home mortgage has more to do with the quality of your life than any other one thing (besides your health), doesn’t it make sense to
get a top specialist on your side?
8. GREAT DEALS ARE ADVERTISED EVERYWHERE.
Well, that’s true – but it’s a minefield out there. Some companies
use all kinds of “bait-n-switch” tactics that I think are very unfair to you. For example, they may advertise a very low rate but that loan is so hard to qualify for (90%
of all applicants are turned down) – then after you’ve been rejected, they’ll offer you a different, higher rate loan that’s not in your best interest; but since
you’ve already gone through all the work with them, you take it. Also, a lot of the heavily advertised loans aren’t nearly so attractive after you wade through all the
“sneaky” fine print. There’s a better way. I call it the “doctor model” – diagnosis, then prescription. That means we first carefully
“diagnose”; find out about you, your present financial situation, your goals…then we “prescribe”; present the very best mortgage plan for you that gives you
the best benefits.
9. “I DON’T WANT TO PUT MY HOUSE AT RISK TO PAY OFF BILLS”.
That’s smart, but you have to look at your overall
risk. The bigger your total monthly payments are, the more at risk you are of losing everything if you lose your job, get sick and can’t work, or something else happens to
interrupt your income. Also, just about any unpaid creditor can quickly and easily get a lien on your home; not just a mortgage holder. What you want to do is minimize your risk
by minimizing debt and monthly payments, getting out of debt faster and having extra cash to build up emergency reserves, savings, and investments. Finally, refinancing does NOT
increase your risk anyway.
“If it sounds too good to be true, maybe it is…”
I don’t blame you for being skeptical. That’s why, if you go to my website I’ve included two whole pages of comments from people we’ve helped, here and in several other states where we also do business. Like Dora Taylor-Smith: we got her out from under tax liens and cut her monthly bills by $450. Take a look at these peoples’ experiences with us, expressed in their own words. Why shouldn’t you get the same kind of financial benefits? Also, keep in mind we are mandated by law to give you full and complete disclosure, and it’s my job to make sure you understand everything. I even guarantee my service. And, my business depends on referrals. We may have attracted you by advertising but most of our best customers are referred to us by satisfied customers. Sometimes one client will “multiply” and refer three, four, or five family members, neighbors, and friends. So, it’s just smart business on my part to make sure you are satisfied.
Unfortunately, most banks and other lenders have a vested profit interest in keeping you mired in debt and in having you pay more interest than you need to. I do not. I work for you. I am determined, committed, and focused on saving you money.
In fact, I’m so much on a “crusade” to help people get debt-free and financially independent, I’ll teach you how to:
* Get completely out of debt, including your mortgage, in as little as 5 to 7 years.
* Operate 100% on cash
* Quickly and safely build wealth so you can live off the interest.
I am here to help you change your financial circumstances for the better, right now.
Oh, and should you be tempted to set this aside and procrastinate…let me be very blunt with you for just a minute. Procrastination is the habit of the poor. It can only lead to disappointment and frustration. Every day that you continue overpaying interest on your debts, you make it that much harder to get ahead. The answer is not to work harder and to run faster. The answer is to be smarter about your money. Taking action today, can not only bring you benefits almost instantly, but can have enormous impact on what your life is like 10 to 20 years down the road.
So, what to do next?
You can pick up the phone; call my office at Debt Solutions 262-641-5451 during normal business hours. I will be happy to talk with you, answer any questions you have; and if you’re ready, collect the information they need from you to suggest the best possible mortgage plan for you. If I’m in the office, I’ll talk with you myself. But be assured, any of my Counselors can help you just as I can.
Or, of course, you can do nothing. Trash this letter and continue paying your mortgage and other bills this month just as you did last month. I’m told that the definition of “insanity” is doing the same things over and over but hoping for different results! Sure, you might just hit the lottery or the Power Ball game or inherit a million from a long lost, rich relative. But in the meantime, why not let me provide you with “a sure thing”: a refinancing plan that immediately improves your cash position?
I hope to hear from you.
Sincerely,
David Forer