One of the benefits that January Financial provides is a regular email update to clients, which we use to keep our clients updated with what's happening in the mortgage markets and to make sure they're on top of things. Especially in times like these, with volatile credit markets and programs being here today and gone the next, this is a service that many of our clients truly appreciate. I've included a copy of a recent e-letter below. If you'd like to be added to our e-letter list, just send me an email at carey@januaryfinancial.com!

How Well Do You Know

Your Home Loan?

According to a recent poll, only 1 in 3 homeowners has any idea what kind of mortgage loan they have. In a normal market, news like this doesn't keep us here at January Financial awake at night. However, in the current market, it is predicted that over 2 million homeowners will lose their homes due to sudden, unexpected, and devastating increases in mortgage payments. It is absolutely vital that you know if and when your loan will recast, increasing your mortgage payment.

The market being as it is, we have some brutal facts to face:

• mortgage programs and guidelines are beginning to tighten and retract after five years of expansion
• credit standards are getting tighter
• lenders are becoming less flexible compared to five years ago
• foreclosures are becoming increasingly common for financially stressed homeowners

We're not trying to scare you with gloom-and-doom stories - what we want to do is tell you that if you're proactive with your planning you can navigate a soft landing even in this rough market. Here are some ideas for how you can avoid the financial pitfalls brought about by the sub-prime crash and emerge unscathed:

• get out of your Option Arm loans if you aren't prepared for payment recasting and saving up in a side account
• get out of mortgages that will be adjusting in the next 18 months because of the uncertainty of future guidelines and interest rates
• take cash out to weather possible financial storms ahead
• consolidate debts to lower monthly payments
• set up an equity line of credit to provide liquidity in case of personal or professional changes that might impact your ability to borrow in the future

We have set aside time for the next few weeks to help homeowners like you figure out the essential facts about your loan. Together we can determine whether you're in the best financial situation possible. Please, don't miss this chance to email, call, or drop by for a consultation - completely free!

Also, if your mother/brother/best friend/neighbor/mail carrier refinanced a couple years ago, please do them a favor by asking them to call us too. We want to make sure every member of our Valued Client Family is well-prepared for whatever this new market has in store.

Today I thought I'd give you an example of the kinds of projects that we make available to our clients. This is an outstanding project that we have an inside scoop on due to relationships that we've got in the Las Vegas market and present an opportunity for a certain kind of investor to make $150-200K instantly. If projects like this sound exciting and you'd like to get on our email list for projects like this, just email me at carey@januaryfinancial.com! Dear Fellow Investors: Don't get us wrong, we don't like hearing about other real estate investors losing money. But when those investors are willing to turn their investing "lemons" into lemonade for January Financial's Valued Client Family, we have a hard time passing up their offer! Three years ago, a European investment group bought 10 premium units of the exclusive Turnberry Towers in Las Vegas. The investment group's foresight allowed them to purchase first-class units at first-phase prices, units that now have at least $75,000 in market-driven equity. Unfortunately, the group has come on some hard times and will not be able to close on the properties. To interest other investors in taking over the contract and taking the units off the group's hands, they will be leaving the majority of their down payment in the property. This means that above the $75K appreciation equity, each unit will have between $150K and $170K in liquid cash equity. This spreadsheet (followed by the two floorplans) breaks down the numbers for each unit: Sales Price Today's Price* Cash Equity Total Equity $1,115,000 $1,180,000 $167,250 $232,250 $1,105,000 $1,170,000 $165,750 $230,750 $1,110,000 $1,125,000 $166,500 $181,500 $1,055,000 $1,120,000 $158,250 $223,250 $1,045,000 $1,110,000 $156,750 $221,750 $1,035,000 $1,100,000 $155,250 $220,250 $1,060,000 $1,075,000 $159,000 $174,000 $1,095,000 $1,160,000 $164,250 $229,250 $1,085,000 $1,150,000 $162,750 $227,750 $1,005,000 $1,080,000 $150,750 $225,750 $10,710,000 $11,270,000 $1,606,500 $2,166,500 Do you know what the most exciting part of this opportunity is? It is exclusive. Only members of January Financial's Valued Client Family and those of our partner, Goldstein Properties, will have access to this deal. If your interest has been piqued, keep the following in mind: - the units will be distributed on a first-come, first-served basis - the required closing date is Wednesday, September 12 (less than a month away!) - each unit is "designer ready" - in the viable Las Vegas rental market, the comparable rental range for these units is between $3800/month and $7200/month Due to the intricacies of the funding involved in the deal, January Financial will be taking exclusive care of all the financing arrangements. Please contact your Mortgage Planner directly (or just email us here) to hear more about this once-in-a-lifetime opportunity!

Marty and I recently attended the first Certified Equity Happens Mortgage Consultant event in Lake Las Vegas, and came back extremely excited about our business and the opportunities that exist. The really great thing about the event was that it simultaneously validated a lot of the ideas and strategies we've been putting in place on our own and showed us what the next level looks like and how to get there. The event was put on by the Equity Happens Institute (www.equityhappensinstitute.com) and is designed to train mortgage planners and loan officers how to plug into the Equity Happens system and spread the word.

The Equity Happens Institute (EHI) is dedicated to providing real estate investment Education for Effective Action™ based on the strategies and concepts developed by Professional Real Estate Investor Robert Helms and Financial Strategist Russell Gray. They have different programs set up for people who are interested in getting educated in investing (Investor Academy), people who want to meet with other like-minded investors on a monthly basis (Mentoring Club), and financial professionals who want to know how to best support investors (Certified Equity Happens Mortgage Consultant). This is coupled with a facilitation arm called Global Property Network that pre-screens and presents outstanding properties for Mentoring Club members.

More on this over the coming weeks, but needless to say we feel that this presents an oustanding opportunity for our existing clients as well as the potential to significantly build our client base and be able to present even better properties to investors through the Power of the Group. Have a great weekend!!