Sure, we know they will fix the problem at some point, and the same rich cats will still get exactly what they wanted and tax payers will get stuck holding the bag. But it should have been done yesterday instead of later this week. They should have prepared a Bill that would have gone through instead of playing politics.

There where many changes in the market yesterday that affected a ton of people that you won't hear about or even realized how it affected the masses... even you.
Here's  how it affected me and hundreds of thousands of people with LIBOR based loans...

After the failure of the Bill, London's LIBOR rate went up by a full 1%. So how does that affect America?
Many (most) of the ARM loans in this country are tied to the LIBOR rate. And when these ARM loans reset next month and each month thereafter, they add a "Margin" amount to the existing LIBOR rate. Which means that if you have a loan tied to the LIBOR rate, next month or on the next increase, you will see an increase in your payment. Here is an example:

"A" credit homeowner
$200,000 loan balance
5% current interest rate (ARM)
1,073.64  monthly payment

With the Bailout signed
3% margin to the LIBOR 3%
New payment @ 6%: 1,199.10

With the Bailout failure
3% margin to the LIBOR 4%
New payment @ 7%: 1,330.60

The failure yesterday instead of later in the week will send their payment from $1,073 to $1,330 per month.  Or if you are on a regular adjusted LIBOR Loan, your payment will be $130.00 higher starting next month.


Subprime credit homeowner
$200,000 loan balance
5% current interest rate (ARM)
1,073.64  monthly payment

With the Bailout signed
5% margin to the LIBOR 3%
New payment @ 8%: 1,467.53

With the Bailout failure
5% margin to the LIBOR 4%
New payment @ 9%: 1,609.25

The failure yesterday instead of later in the week will send their payment from $1,073 to $1,609 per month.

The increase in interest rates across the board will reduce the amount of home a person can buy, thus putting presure on sellers and buyers.

Restriction in the credit markets will continue to get worse.Thus making our part more important to the parties.

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Use our Investor's Funds to flip Short Sales @ 1% fee

    Last night, I introduced a new program to The Platinum Membership.  Our primary Private Investor will advance you the cash you need in order to buy Short Sales.  Here's the exciting part, he will only charge you a 1% fee per transaction.  To see just how incredible this opportunity really is.....

    Let's say you find a home that you can buy for $100,000 from a homeowner facing foreclosure, this is the short sale price agreed to by the Lender.  Let's also assume that you have a buyer willing to pay you $170,000 for this home and he/ she has already qualified for the financing.  Our investor will only charge you $1,000 (1%) (plus $300 per deal) to use their money to acquire this home.  The rest of the profit, $70,000...is yours to keep.  And the great thing is that you don't have to come out of pocket with their fee, it's paid out of your $70,000 profit at closing.

    This is unheard of in the investment world. If you were to borrow this money from a private investor or a partner, you could easily give up 50% of your profit just to due this deal.  One deal like this could change your life forever.

Attend my next Live Webinar or go to www.CashInWithJohn.com to take a Free Tour and see for yourself.

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Now use our Investor Funds to Flip Shortsales. They put up the money when you get a buyer lined up using our Owner Financing Program found at www.cashinwithjohn.com. Split the profits 50/50. Buying shortsales at 50% of appraisal is common right now. Don't let this market pass you by.

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