More Delinquencies...

Despite rising stock and bond markets and the supposed V shape recovery, more and more families continue to go 90 days or more delinquent on their mortgages.

Since June of 2007 delinquencies have risen every single month.

The historic average delinquency rate for non-credit enhanced is .71% and the current reading is 2.88%. The historic average rate for credit enhanced is 2.81% and the current reading is 7.84%. The historic average rate for total is 1.08% and the current reading is 3.72%. And finally the historic average rate for multi-family is .04% and is currently at .14%. In case you haven’t noticed the current reading on each of these is anywhere from 2.8 to 4.08 times their historic average.

We think there is a lot more pain to come.....

Bank Forced To Cancel $500,000+ Loan Balance After Owner Gets Loan Mod

A Long Island couple is home free after an outraged judge gave them

an amazing Thanksgiving present -- canceling their debt to ruthless

bankers trying to toss them out on the street.

Read the rest at http://loanmodsanddebtsettlement.blogspot.com

We Provide The Cash says homeowners still in trouble...

Modification programs have been slow to get off the ground. Only 12 percent of a potential 3 million delinquent mortgages have begun the process of being reworked, or put into "a trial modification," according to Treasury Department data through August, the most recent available.

Housing advocates say homeowners still face reluctant lenders.

Some told homeowners that they couldn't participate in the program when they should've been allowed to do so.

And mortgage servicers are slow to respond and confused about modification rules while looking for reasons to avoid making the modifications when they are most needed, rather than for opportunities to make them.

This is why companies like We Provide The Cash (otherwise known as Home Seller Assist) are signing up many investors to use their 100% funding to buy short sales and REOs.

Larry Potter

http://www.larrygpotter.com

How and Why To Do A 3-Way Call

Why We Do Three Way Calls at We Provide The Cash

Once you have EXPOSED your prospect to Home Seller Assist or some other program, and have discovered that they have some level of interest, the next step is to do a 3-way call.

The main reason we do 3-way calls is because it’s part of “the system.” Think about Mc Donalds for example. When you walk into a Mc Donalds, 9 times out of 10 the French fries are where? On the left side. Why is that? Because that’s “the system!”

Did Mc Donalds get huge because they have the world’s best hamburgers? Of course not! The hamburgers are nasty! Mc Donald’s became one of America’s biggest success stories because they had systems in place to assure their success. The French fries are always on the left. SYSTEMS!

So, doing 3-way calls are part of “the system.” If you follow the system, you can make it big in the Home Seller Assist business. If you don’t, you’ll be like every other “burger stand” out there that tried and failed.

Think of a little child, about 5 years old, standing on a pier in the ocean. He is holding a fishing pole that’s about 4 times his size, and all of a sudden a 10-foot, 200 pound Blue Marlin grabs the line. Do you think the child will need some help? Absolutely. So your job, especially when you are new, or when you are a “child” in this business, is to get prospects on the line. Our job is to reel them in and keep you safe in the process. Even if you think you can “handle it”… remember… SYSTEMS!

Here’s a rule of thumb that will assure your success. Never sponsor anyone into a business until you have done a 3-way call with them. If you do that, you’ll be “safe.”

Now that you know why we do 3-way calls, lets discuss…

How We Do 3-Way Calls

Once you have exposed your prospect to a program like We Provide The Cash and have discovered that they have some level of interest, the next step is to do a 3-way call. Here's how that would work. Let's say your prospects name is Joe.

Joe just heard our 30 minute webcast on Wed evenings at 7 pm over at http://www.reofunder.com about the business. When the call is over you say:

YOU: "Joe could you hear that alright?"

JOE: "Yeah I could here it just fine."

YOU: "Great! So what did you like best?"

(key question – use it!)

No matter what Joes says, if it is positive at all you move to the next step.

YOU: "So Joe, on a scale of 1 - 10 where would rate your interest?"

If Joe says he is a 0-5, arrange to get him another exposure, like a video or CD-Rom. If he says he is a 6 – 10, then do a 3-way call immediately!

So let's back track:

YOU: "So Joe, on a scale of 1 - 10 where would rate your interest?"

JOE: "Oh, I'd say I was about 6 or a 7.”

YOU: "Awesome Joe, I knew you'd see this! Joe, I want to introduce you to a phenomenal individual who is leading the national expansion for our company. He has a lot of fun in this business, he loves helping people, he’s making a lot of money, and can certainly answer any of your questions. He’s extremely busy but hold on just a sec, let me see if I can get him on the line. (Key phrase – Use it…word for word)

You hit the flash button on your phone and dial the number for the person that is helping you with 3-ways.

Let’s say your sponsor or the person you are using for a 3-way, is Mr. Alexander. Here’s how that conversation would go.

...ring, ring, ring...

MR. ALEXANDER: “Hello?”

YOU: “Hi Mr. Alexander. I’ve got my friend Joe on the other line. He just heard our 4-minute recorded overview on the phone and says he’s a 6 or 7. He is a fireman and really wants to change professions. Also, he is married and has 3 kids.”

MR. ALEXANDER: “Great, let me talk to him.”

You hit the flash button again on your phone and now all 3 of you are on a 3-way call!

YOU: “Hey Joe I have Mr. Alexander on the line. Mr. Alexander this is my friend Joe.

Your job now is to BE QUIET and let the expert be the expert. Mr. Alexander will take it from there. If All Mr. Alexander is going to do is tell his story and invite Joe to the next live event in his area, unless of course Joe was a “10.” In that case Mr. Alexander would simply tell Joe how to get started. And that’s how you do it!

Larry Potter

www.LarryGPotter.com

Easily Segment Your We Provide The Cash Tweet Stream

When you're following a substantial number of We Provide The Cash friends, it becomes near impossible to focus in on tweets that come from a subset of your friends. Those tweets are merged with the rest and you have to hunt for them, and worse, you may miss some if you don't page back far enough. We have now solved that problem for you with SocialOomph Channels at http://www.socialoomph.com/login Larry G Potter We Provide The Cash

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What the heck is Web 3.0 ?

What the heck is Web 3.0 ?

It's Web 1.0 + Web 2.0 = WEB 3.0

As you know, Web 1.0 was simply an acronym for eCommerce. Back then, retail stores wanted to do business on the internet rather than just using expensive retail storefronts. Many saw the power of the internet to attract an entirely new audience that may not have had the chance to visit their store in person. This would without doubt give them access to more potential customers for less cost.

Web 2.0, in its simplest definition and use today, has become an acronym for the everyday person's ability to communicate and collaborate globally using Social Networking. It has made things more user friendly to us, and as such, companies have come to embrace these new design and communication formats to engage with their customers.

Web 3.0 brings these two worlds together for the average person to be able to harness the power of the internet to begin to profit with multiple streams of income online by introducing products and services to their groups of followers (also known as their list and also as their tribe).

More info can be found at www.aTRAFFICplan.com

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