Contents:

1. Greeting from Roberta Standen
2. A quick year end reminder:
3. DEVELOPING A PORTFOLIO OF NOTES IN YOUR LOCAL MARKET
4. Upcoming Events(Seminars, Workshops)

Greeting from Roberta Standen

READY, AIM …

About this time each year, back East in New England where I grew up, I would hear my Mother say to Dad, “Wes, don’t you think it’s time to put on the storm windows and doors”. She had to remind him time and time again – and each time the answer would be the same, “Right, right, I’m aiming to do that”. He was always “aiming” to do everything and anything from taking out the trash to building a bird house, but rarely “pulled the trigger”.

If you’ve been “aiming” to set out a plan for personal and financial independence, we are going to suggest six resolutions for the New Year to get started on right now, so that when January 1 arrives your will be “ready” to pull the trigger.

1. Buy a home. If you haven’t made that investment yet, this year is a great year to pull the trigger on this resolution. As a leveraged investment you pay only a portion down but have control of the entire asset including tax benefits and appreciation. Best part you are not paying off someone else’s mortgage.
2. Start a Roth IRA.
3. Improve your credit score and while you are at it, pay off those high interest credit cards. This is one of the best ways to get on the upside of wealth
4. If you do not have a family financial plan….at least have a family meeting and “get ready” to develop a long and short term plan to “aim” for so that in 2007 you can pull the trigger before the end of the year.
5. Out of each check “pay yourself first”, but pulling out 10% of your take home and invest it into something for your retirement
6. If you own a home, pay an additional $100 principal payment on your mortgage each month or at least every quarter. By reducing your principal balance, your mortgage will be reduced significantly. If you need help with this computation, let us know – we can do the math easily for you.

A quick year end reminder:

If you own a note or are servicing a note for someone else, your are painfully aware that those dreaded 1098’s must be sent to the borrowers prior to January 31^st. One the other hand, clients using the Note Servicing Center can actually go on vacation….recognizing that it will all be done when they return. The best part is, if you sign up before the end of the year, this is provided absolutely FREE OF CHARGE. Contact [email protected]to sign up or download the forms from the Note Servicing Center website at www.sellerloans.com

DEVELOPING A PORTFOLIO OF NOTES IN YOUR LOCAL MARKET

A sure fire way of establishing a long term and long lasting note business is to develop strategic partnerships with entities in your own community where notes are created, escrowed, traded, transferred, modified or serviced. Finding one note at a time will wear you out. For an insight on how to build your business using this strategy, go to our website at www.sellerloans.com Just click on Articles and go to “Developing a Gold Mine of Notes. Also, check out the Resource page where you will find archived Newsletters featuring marketing to specific strategic partners.