Buying From the Banks the Right Way .....

My good friend Jeff Adams released his new ForeclosureProfits System.

Get your copy -- AT NO CHARGE -- here: http://www.foreclosureprofits3.com/?rid=257
Jeff is finally revealing his closely held secrets to buyingproperties for pennies on the dollar DIRECTLY from banks andlenders.

I’ll tell you something - this is the SAFEST way to buy properties because you’re dealing with established institutions.

Forget chasing flaky sellers, there are so many foreclosed bank-owned homes on the market today the banks are trying tounload at record pace.

Bad news for them, good news for you!

Jeff will show you how the RIGHT way to buy these homes from banks at the lowest prices. And no, these aren’t only ugly fixeruppers, but also pretty homes in nice neighborhoods.

We’re in a once in a lifetime opportunity and I highly suggestyou take advantage of it.

Plus, Jeff’s gone off the deep end with this one - he’s givingis Foreclosure Profits System away at no cost.

You’ll discover the very same bank-owned buying strategies he and his student use to build a million dollar foreclosure realestate Empire.

Now’s your chance, I highly suggest you take it. http://www.foreclosureprofits3.com/?rid=257

To Your MASSIVE Success,
Mary

P.S. Get your hands on Jeff’s secrets to making money in today’sonce in a lifetime market before it’s too late.http://www.foreclosureprofits3.com/?rid=257

Update and Clearing the Air

It's been quite a while since I've written to you for a couple of reasons. We've been hit with some computer spam issues that affected our systems. I apologize if you've received erroneous emails from us!

Secondly, I've been sitting back and thinking about decisions to keep this site going and its' future. This is difficult for me to write and I've thought long and hard about what to do. Quite honestly, I still don't have an answer. I'm all about helping people and love the interaction we've had, but I watch and listen to other 'gurus' and frankly, am appalled at what is being said and promoted to you. And so, I've been quiet as I deal with the many changes and challenges in my life and have been focusing on my volunteer activities, which is near and dear to my heart.

Many of you know that my son Brad chose to walk away from both myself and his sister as a result of the divorce proceedings, severing both our personal and busines relationships. It's been painful to say the least but I've learned that everything happens for a reason and have moved on. I love him and will always be here for him but he is on his own journey and has much healing to do.

However, and this is big, I can't stand by any longer while untruths are being said and used as a way to promote himself and his products. He has good information to give to people and truly doesn't have to lie to accomplish this, but has chosen to do so. He has posted a 5:50 minute video wherein he states that his shame of 19 years comes from watching his parents being foreclosed upon and the 'thud' of the door being closed as we lost our home. Good for sympathy but entirely untrue!

I've emailed both Brad and his girlfriend as well as put comments on his blog which of course were not put up, to have him correct this and speak the truth. He has not and continues to ignore my requests to do so.

I am not ashamed of the truth, they were difficult times and I've never hidden that. The truth is that due to my former husbands business failure we did go through bankruptcy as many others did in the 1990's. I saved our home with the help of my mother, God bless her soul, it was tough, no question.

At the same time my former husband attempted suicide which both my children witnessed along with me, and assisted in saving his life. You can only imagine the devastation, trauma and shame that resulted from this and the impact on my children who were then 10 and 12. These things in life make us who we are today though, it is how we chose to react to lifes situations and challenges that help us grow and evolve.

This is part of why I love to help people because I really do understand what others have gone through, I've experienced most of it and am empathetic to their needs. I want them to believe in themselves and achieve their goals and dreams.

In the midst of such a time I was very grateful that I was able to save our home for us - to have Brad out there now stating that we lost our home is unconsionable and I have to set the record straight. I truly dislike having to do this but he has gone too far this time with these untruths. I've let other misrepresentations go by but enough is enough.

At the end of the day, I honestly am not sure how I will proceed from here. Those of you who know me will realize that I speak from my heart and from my truth. Time and intuition will guide me in these decisions.

Thank you for being a loyal supporter of MillionaireRiches.com. I know that many are facing challenges that sometimes seem unsurmountable. I will say to you to accept and don't resist these challenges, "it is what it is" as I like to say. Remove the emotion and resistance from your challenges and accept the way things are and move on.

It is easier to go with the flow of the river than try to swim against the tide. Life gets a lot easier for you once you can recognize and live this.

Thanks for listening, my blessings to you all.

Mary Wozny

May The Sun Shine Down on You on Remembrance Day

This is a day of deep reflection, honour and respect for all of us across this beautiful land of ours.

It's a day to give thanks for the soldiers who fought for us and our rights long before we were born.

It's a day to send our love and blessings to all those who so proudly serve our countries, both Canada and the United States, standing up for our freedom and our beliefs.

It's a day to send thanks and support not only to our soldiers but to their families and loved ones who proudly wait at home for them to return from their tour of duty.

It's a day to show them how much we care, how much we honour and respect their sons and daughters, fathers, mothers, aunts and uncles who serve their country so that we can live in freedom, our children can live in freedom and our children of the future can live in freedom.

The following came across my desk today and I ask that you read it, think about it, reflect on it and honour the men and women who serve to keep us safe. It came to me with "Taps" playing and I will tell you that it brought me to tears. And so I share it with you.

THE FINAL INSPECTION

The soldier stood and faced God,
Which must always come to pass.
He hoped his shoes were shining,
Just as brightly as his brass.

"Step forward now, you soldier,
How shall I deal with you?
Have you always turned the other cheek?
To My Church have you been true?"

The soldier squared his shoulders and said,
"No, Lord, I guess I ain't.
Because those of us who carry guns,
Can't always be a saint.

I've had to work most Sundays,
And at times my talk was tough.
And sometimes I've been violent,
Because the world is awfully rough.

But, I never took a penny,
That wasn't mine to keep...
Though I worked a lot of overtime,
When the bills got just too steep.

And I never passed a cry for help,
Though at times I shook with fear.
And sometimes, God, forgive me,
I've wept unmanly tears.

I know I don't deserve a place,
Among the people here.
They never wanted me around,
Except to calm their fears.

If you've a place for me here, Lord,
It needn't be so grand.
I never expected or had too much,
But if you don't, I'll understand.

There was a silence all around the throne,
Where the saints had often trod.
As the soldier waited quietly,
For the judgment of his God.

"Step forward now, you soldier,
You've borne your burdens well.
Walk peacefully on Heaven's streets;
You've done your time in Hell."

~Author Unknown~

It's the Soldier, not the reporter WHO has given us the freedom of the press.
It's the Soldier, not the poet, WHO has given us the freedom of speech.
It's the Soldier WHO ensures our right to Life, Liberty, and the Pursuit of Happiness,
Not the politicians.
It's the Soldier who salutes the flag, WHO serves beneath the flag, AND whose coffin is draped by the flag.

If you care to offer the smallest token of recognition and appreciation for the Military,
PLEASE pray for our men and women
WHO have served and are currently serving our country
AND pray for those who have given the ultimate sacrifice for freedom.

God bless our soldiers, sailors and airmen, past and present.

With my love, honour, respect and gratitude,

Mary Wozny

Where Should You Be Investing Now?

What a question! In these troubled times, opportunity still exists to make lots of money in real estate.

If you could easily know, at the push of a button, wherethe absolute best real estate markets in the US are...whatwould that be worth to you? Would it be worth 3 minutesof your time to check it out?

Discover how you can find the hottest real estate markets toinvest in before your competitors even realize that the'Bubble' has holes in it!

Check it out here:
http://www.realestatepress.com?a_aid=83743216

Again, find out how you can find the best real estate markets in the US right now, click on the link below to learn how!

http://www.realestatepress.com?a_aid=83743216

Happy Investing!

Mary Wozny

Take Control of Your Future Health and Wealth Now!

"Everybody stumbles across a golden opportunity at least once in a lifetime. Unfortunately most people just pick themselves up, dust themselves down, and walk away from it."

by Winston Churchill

Following upon the words of Winston Churchill, YOUR 'Golden Opportunity' happens Thursday evening, October 16th at 9:15 pm EST! Mark this date on your calendar now.

The past months have been tough for real estate investors and stock market investors alike. Critical mass was reached and we've seen stock markets around the world crash in the past few weeks.

We've watched as our stock portfolios and retirement accounts lost much of their value. We look and wonder, with all this turmoil and all the losses, when and how will I ever be able to afford to retire? How will I provide for my family? Foreclosures are at an all time high, the economy is verging on recession, GM and Chrysler are talking about merging and jobs are being lost across North America.

Take charge of your future NOW!

I invite you to join me on Thursday evening, October 16th at 9:15 pm EST where I will be interviewing my business partners Heshie and Werner who will show you how you can create an enormously successful business and generate a continuous residual stream of weekly income for yourself and your family and become part of our energetic and dynamic team of entrepreneurs.

Heshie is ranked #12 globally as one of this companies' fastest growing business builders. Werner is the oldest North American to climb Mount Everest as well as the oldest North American to climb the highest peaks on all seven continents! Werner is starring in the upcoming major motion picture 'Back From the Edge".

Starting his climbing experiences at the age of 55, find out what gives Werner not only the health and stamina to make these incredible climbs, but how he creates the wealth that gives him the time freedom and the financial freedom to persue his dreams.

Rarely do I get this excited about an opportunity, but I have to tell you that not only is this one of the best businesses to be in - it just got even better! The company has introduced a bonus program that surpasses anything in the industry!

There is no other way to describe it except by telling you that if you are serious about building a business for yourself and generating a continuous residual income, working with one of the best teams in the industry, then THIS is YOUR GOLDEN OPPORTUNITY.

Join us on the call on Thursday, October 16th, 2008 at 9:15 pm EST, 8:15 pm. CT, 7:15 pm MT and 6:15 pm PT. Print this information and put it by your telephone today:

Call Date: Thursday, October 16th, 2008
Call Time: 9:15 pm Eastern, 8:15 pm Central, 7:15 pm Mountain and 6:15 pm Pacific
Call Dial In: 218-339-4600
Access Code: 200979

The telephone lines are limited so be sure to call in a few minutes ahead of time. The call will be recorded and a replay line will be available.

See you on the call tonight and get ready to rock and roll your way to success by joining me and becoming a part of our vibrant and dynamic team!

Warmly,

Mary Wozny

Global Easing In Monetary Policy

In a surprise decision, central banks in the industrialized world announced a coordinated half percentage point easing in monetary policy this morning. The message from all of the central banks was loud and clear: the prospects of significantly slower global growth mean that global infaltions risks are dead.

The coordination and the rate change between regular meetings also infer the urgency of action and the need to restore confidence to the global financial system in the wake of unprecendented turmoil.

The common theme in the wording of the central banks statements was that "inflation expectations are diminishing ... the financial crisis has augmented the downside risks to growth and thus has diminished further upside risk to price stability." The Fed notes that 'economic activity has slowed markedly...the intensification of the financial market turmoil is likely to exert additional restraint on spending partly by reducing the abililty to obtain credit.

It's apparent that an easing in monetary policy was needed on a global basis. Expectation is that further rate cuts of a further 50 basis points are in the pipeline and will be announced at the Fed and the Bank of Canada upcoming rate announcements on October 29 and 21 respectively.

Warmly,

Mary Wozny

Opportunities In An "Economic Pearl Harbor"

In Omaha, Neb. today, billionaire investor Warren Buffett said the nation has been hit with an “economic Pearl Harbor,” and the government must respond quickly.

Mr. Buffett talked about the nation's ongoing financial woes in an appearance on the The Charlie Rose Show that aired Wednesday night on PBS stations.

“This really is an economic Pearl Harbor,” Mr. Buffett said. “That sounds melodramatic, but I've never used that phrase before. And this really is one.”

He went on to state that in his opinion the nation's economic problems are already starting to be felt by furniture and jewellery stores such as the ones owned by his company, Berkshire Hathaway Inc.

The billionaire predicts that the rest of the Main Street economy will start to have problems if the government's financial bailout plan doesn't pass Congress soon.

“In my adult lifetime, I don't think I've ever seen people as fearful economically as they are now,” the 78-year-old Mr. Buffett said.

The fear in the marketplace has allowed Mr. Buffett to make several sizable investments over the past month in proven companies that needed cash quickly. And Berkshire, which had $31.2-billion (U.S.) cash on hand at the end of June, was ready to invest because, as Mr. Buffett says, he always tries to be greedy when others are fearful.

Following Berkshire's purchase last week of $5-billion in preferred Goldman Sachs shares, Berkshire announced it would be purchasing $3-billion of preferred share of General Electric Co.
Mr. Buffett said he was approached about the GE investment Wednesday morning by someone at Goldman. And Mr. Buffett quickly decided to invest in GE because he's familiar with the company and confident in its long-term prospects.

This goes to show us that capitalism is alive and well in the US. Prudent investors looking for long term real estate investments can capitalize on todays markets and build their portfolios for the future. As crazy as it may sound to some, now is the time to be purchasing discounted real estate using long term strategies for buy and hold.

Warmly,

Mary Wozny

Canadian Housing Market - Boom or Bust?

In a talk with the Ontario Economic Council, U.S. economist Robert Shiller states Canada's housing market has been following a similar boom-and-bust path as that seen in the United States, but fundamental differences between the two leave Canada less exposed to the U.S.-style fallout.

“There have been booms in some Canadian cities – Edmonton, Calgary, Vancouver – but maybe [prices] are weakening or actually falling, at least in those boom cities,” he said, noting that the pattern somewhat resembles that seen in many U.S. and foreign markets over the past few years.

He does suggest that the relatively small use of subprime mortgages in Canada should mean the damage in this country will be much less severe.

“There's a difference. We [in the United States] have had a subprime revolution that I don't think took place, to the same extent at least, in Canada.”

Mr. Shiller said a bailout of the seized-up banking sector is an essential first step to cleaning up the mess left by the U.S. housing bubble, but it needs to be followed by financial innovations to support troubled home owners.

“Once we fix the leaky roof, we need to take a look at the foundations,” Mr. Shiller told the summit.

The professor – author of the book Irrational Exuberance and recognized expert on asset bubbles and the housing market – said U.S. legislators must act on the liquidity crunch that is gripping the banks in order to avoid a much longer-lasting economic stagnation. He believes Congress must reverse its decision to reject the proposed $700-billion (U.S.) troubled asset relief program (TARP), despite public anger over what many view as a handout to rich and reckless investors.

“The TARP program is really essential to enact,” he said. “The general public doesn't appreciate the severity of the crisis, and the threat it poses to their jobs and livelihood.”

He further noted that the research conducted on the Great Depression by none other than Ben Bernanke – now the head of the Federal Reserve Board and one of TARP's key architects – has found that a tied-up, illiquid banking system was a major contributor to the extraordinary depth and length of the Depression.

“When you don't have a banking system, you can't do business,” he said.
“We can't think that we want to teach people a lesson,” he said, suggesting that the blame for the housing bubble extends beyond bankers, lawmakers and regulators.

“It was erroneous thinking,” he said, blaming the bubble on a mass cultural shift in its mentality toward investing and housing.

“We've become more an investor culture – make a quick buck,” he said. “People got themselves convinced that home prices could only go up.”

Mr. Shiller's new book, Subprime Solution, came out Sept. 1 – just before a month of ground-shaking upheavals on Wall Street. The book's longer-term prescription for the U.S. housing market would involve help for distressed homeowners as well as major changes to the way the residential mortgage market functions.

“Financial innovation only comes in times of crisis,” he said. “We need to think of our financial institutions in a constructive and innovative way.”

His ideas include a permanent and ongoing system for automatically adjusting mortgage payment terms in times of economic shocks; government-subsidized independent financial advisory services; and new risk-management products that would allow homeowners to manage their long-term risk exposure to home prices, employment income and economic growth.
“In my book, I emphasize bailing out homeowners because they are the ones being hurt most,” he said. “But first, we have to deal with the banking system.”

Meanwhile, former Bank of Canada governor David Dodge joined the chorus of experts who believe U.S. legislators must solve their impasse over a rescue package for the troubled banking sector.

“The U.S. banking system needs to be recapitalized. Ben [Bernanke] understands that as well as anyone,” he said. “How that is going to be done is another question.” Mr. Dodge made the statement during a break at the summit, a three-day Ontario Chamber of Commerce event that he is co-chairing. He declined further comment.

Warmly,
Mary Wozny

Credit Crunch Fallout Raises Mortgage Rates

As reported in today's Toronto Star, Canadians received more proof yesterday of the global credit crunch hitting home after this country's biggest banks began hiking their residential mortgage rates in an effort to recoup higher funding costs from their customers.

The interest rate increases follow days of forewarning by financial experts, who predicted Canadians would feel the pinch of the financial crisis through higher borrowing costs on consumer loans.

TD Canada Trust was the first of the big domestic lenders to increase mortgage rates both on its' fixed rate mortgage product and its' variable interest rate mortgage. TD Canada Trust claims that the increase now is reflective because the bank has been holding on, that all of the industry in fact has been holding on, trying not to pass the increased costs to the customers, but says that it can't do this anymore.

Banks are grappling with higher funding costs in the wake of last year's subprime mortgage market meltdown in the United States. With the ensuing global credit crunch now in its second year, banks remain wary of lending to each other. The bank says that all mortgages, variable rates mortgages in particular, have become money losers because of the cost of funds due to all the challenges that are going on in the world right now.

Another factor affecting rates is the bond market which has been in a flux ever since the United States announced a $700 billion US bailout plan for American banks. The interest rates on mortgages and other short-term borrowing are set based on the price of bonds. With lower demand for bonds, and fears of inflation, rates have to rise to lure investors.

Warmly,

Mary Wozny

US Mortgage Market Bailout!

U.S. Treasury Secretary Henry Paulson is counting on the weekend seizure of mortgage lending giants Fannie Mae and Freddie Mac to help lower stubbornly high mortgage rates and lure more buyers back into real estate.

But the plan on its own is unlikely to spell the end of the deepest housing slump since the Depression. That's because the rescue is aimed largely at the supply side of the equation, by unfreezing the mortgage bond market that banks tap to make new home loans.

The plan could lower mortgage rates - now at roughly 6.4 per cent for a 30-year mortgage - by as much as a half to a full percentage point, analysts said. Unfortunately the demand side of the equation remains largely untouched.

Americans' appetite for buying homes is likely to remain weak as the U.S. economy slides nearer to recession, weighed down by the deteriorating job market and waning consumer spending.
Mortgage applications in the US have fallen steadily this year and now stand at a seven-year low.

The Feds move to rescue Fannie Mae and Freddie Mac, which together own or guarantee half of all U.S. mortgages, does nothing to address weakening employment or that banks are increasingly tightening underwriting standards. Many lenders, for example, are demanding higher credit scores and larger down payments. And that isn't likely to change with Fannie Mae and Freddie Mac in government hands.

Clearly, the housing market is in a deep rut. Home values have already tumbled 18 per cent across the U.S. Even then, homes are less affordable now than they were before the price bubble emerged in 2004. There is an expectation by analysts that prices will fall another 10 per cent, a lever that would make homes affordable again to most Americans.

There is still months worth of unsold homes on the market. And foreclosures, stuck at an all-time high, continue to glut the market.

In recent months, Wall Street has virtually abandoned the mortgage bond market, leaving troubled Fannie Mae and Freddie Mac as the only players. So while the two lenders controlled roughly half the market, they had become responsible for nearly three-quarters of all new credit.

But that wasn't enough to counter the incredible pressure in financial markets. Worried that Fannie Mae and Freddie Mac would collapse, investors have demanded an unusually large premium for the companies' bonds in recent weeks - nearly 2.5 percentage points higher than government Treasury bills. That's a full percentage-point higher than normal.

The result had a cascading effect through the mortgage market, keeping mortgage rates high in spite of efforts by the U.S. Federal Reserve Board to push them lower.

Also worrying economists is that the takeover is temporary, and the structure of the mortgage finance market in a year or two remains uncertain. Mr. Paulson has made it clear he and the Treasury don't intend to be in the business of being a market maker in mortgage bonds indefinitely.

In the end, the next U.S. president, his treasury secretary and the Congress will have to rethink what the two entities are all about, and what role government will play. The Bush administration is leaving that quandary to the two presidential hopefuls - Democrat Barack Obama and Republican John McCain.

This is a good time for investors to be building their portfolio of buy and hold rental properties.

Warmly,

Mary Wozny