Condos
A couple days ago, our colleague and fellow blogger Joanna mentioned that the newest entry on her Word-a-Day calendar was "zeitgeist." It's a German word that means "spirit of the times."
What do you think is the spirit of our times?
"People are killing themselves and people are saving themselves every day," says OwnACondo.com's friend Darin Steen of FatLossLifestyle.com. "It all comes down to our thoughts."
Is the sprit of our times one of gloom, recession and withdrawal? Is this how we'll look back at this era?
Here at OwnACondo.com, we've had a surge of interest from people wanting to buy Chicago condos or suburban Chicago condos, despite the troubling economic times. In fact, our upcoming free seminar for potential buyers has the most reservations of any we've held to date.
We've also taken in more sales contracts for condos this month than any month in all of 2008. Interest in owning real estate is high, despite the challenging economic times. And, as Tim Litchford, our Director of Customer Care, pointed out in an email to staff this morning "Mortgage interest rates are down and a stimulus package has just been passed that will jumpstart the housing market."
There's no changing the world, the nation, our local economy in only one minute's time. But we're hopeful, optimistic and working toward a better day tomorrow. That's our zeitgeist. And we hope it's yours, too.
Power Thought
When I come upon a situation that I have to break through fear of the unknown, I try to think of how a person that I admire would handle the situation.
Thinking of your real estate business, how would an agent that is netting one million dollars a year look at how you’re running your real estate business. What do you think they would immediately change if they took over for you?
The difference between $35,000 a year earners and $1M is simply thoughts. Change your thoughts, change your earnings.
Constantly be asking yourself, “How would my archetype, my hero, my mentor handle this situation�
Power Thought
When I come upon a situation that I have to break through fear of the unknown, I try to think of how a person that I admire would handle the situation.
Thinking of your real estate business, how would an agent that is netting one million dollars a year look at how you’re running your real estate business. What do you think they would immediately change if they took over for you?
The difference between $35,000 a year earners and $1M is simply thoughts. Change your thoughts, change your earnings.
Constantly be asking yourself, “How would my archetype, my hero, my mentor handle this situation�
Buying a condo now has many rewards
If you remember last year Congress passed the Housing Recovery Act to stimulate the real estate market. Part of the act gave a $7500 tax credit to first time home buyers. The only drawback was the money had to be repaid over a 15 year period. The new stimulus bill in congress today offers the same tax credit but with one major difference - it is a true tax credit that does not have to be repaid! Now is the time to buy a condo in the Chicago area! Prices are down, interest rates are low, and now a tax credit that does not have to be repaid.
Calculating Your Credit Score
Your credit score has become increasingly important in many aspects of your financial--and even personal--activities. It's well known that a healthy credit score is required for loans, like for a Chicago condo or suburban Chicago condo, but did you know that credit standing is often looked at to determine your risk for insurance, and sometimes even a job?
With so much hinging on one's credit score, it's unfortunate that so few people really understand how it is calculated. People often view their credit score as part science, part art, maybe even part weird magic. But although it is admitedly somewhat complicated, it is relatively easy to understand the basics and, most importantly, what it takes to achieve a high(er) score and how to stay there. It's important to realize that not every action you take or don't take has the same impact as others.
"There's more to a credit score than paying your bills on time," says atorney and loan professional Larry Bettag. Check out his Five Factors Affecting Your Credit Score.
Power Thought
Today, January 25th, marks the twentieth anniversary of my mothers death. Twenty years ago, when I was 25, my mother died of cancer at age 45. Today I’m 45 years old.
This life we have is not a dress rehearsal. This is as real as it gets. Time moves fast and every minute, hour, day, week, month and year are precious.
Don’t waste time feuding, being petty, being angry, being revengeful or thinking about accomplishing that goal “in the futureâ€.
Get the most out of life by getting the most out of every single day.
Power Thought
If there was only one thing I could answer to someone that asked, “What’s the most important thing that you could attribute to your past success�
I’d simply say “stateâ€. And I’m not talking about one the United ones.
It’s absolutely imperative you keep yourself focused on your goal and stay in peak states. We’re all human and there are times when we get down and slip into a mental funk. The goal is to get out of these states as fast as possible. When I’m feeling low and lack energy, I’ll go outside and run sixty seconds of sprints. Sometimes I’ll do a set of 25 pushups and stretch for five minutes. Sometimes I’ll lock myself in a quiet room and meditate for fifteen minutes.
The goal is to interrupt the negative mental and/or physical pattern asap. If you find yourself not in a peak state, you’re focused on the wrong thoughts (or not moving much). Get out of it as soon as you recognize it.
As a side note…watch your language (and I don’t mean cussing). Negative language sets negative emotions into action as well.
Power Thought
I don’t allow the media or society dictate market conditions. I dictate my own. Regardless of what is going on outside, my market is inside…Inside me. If I make ten calls a day, I create action. For every action there is reaction.
Nothing stops massive action. Let other people live in fear, crawl up in a shell and talk to each other about how bad it is. This only makes it that much easier for the fearless.
The millionaires and billionaires of 2012 and 2013 are taking advantage of the opportunities of today.
Now is the time to buy Condos!
The election is finally over and we have a new president in the White House. It is time for things to change for the better but did you know you could have already bought that condo with a low interest rate and low downpayment. That's right! The loan program has always been available but not much has been in the news till now.  You can get a rate as low as 4.75 % with only 3.5% for your down payment and your credit does not have to be perfect. Seem to good to be true in today's world of tight credit? It's not and here is how you can buy that condo now!
Power Thought
In my goal setting, I utilize stretch goals almost 100% of the time. Very rarely do I set a goal that has the feeling of being able to be easily accomplished. In other words, I set a goal that really is challenging for me to hit. This takes my mind to a spot that I’ve never been to. For me to hit something that I’ve never done before, I have to think differently.
I only achieve my goals 20-35% of the time. My success has come from reaching for the moon and only hitting the stars. In other words, I aim for above the mark to actually hit the mark if that makes any sense.
Quite often though (25-35% of the time), I hit extraordinary numbers because my goals are always stretch goals.
