Homekeepers – Sharon Restrepo – Real Estate Advice

Homekeepers – Sharon Restrepo – Real Estate Advice


♪ MUSIC ♪ MUSIC ♪ MUSIC ♪ MUSIC CLOSED CAPTIONING BROUGHT TO YOU BY THE STAFF AT CHRISTIAN TELEVISION NETWORK IN CLEARWATER, FLORIDA. ♪ MUSIC ♪ MUSIC ♪ MUSIC ♪ MUSIC ♪>>ARTHELENE: HI THERE FRIEND AND WELCOME AND GRAB YOURSELF SOME TEA, WILL YOU? AND JOIN ME AND THIS IS SO GOOD TO BE HERE AND TO KNOW THAT YOU ARE THERE, AND HOW WE LOVE TO LOVE TO HEAR FROM THE NEWER ONES, AND WE GET THE LETTERS, AND A LOT OF EMAILS AND THE PHONE CALLS, AND IT IS JUST GREAT TO CONNECT WITH SO MANY GOOD REASONS, ON HOMEKEEPERS, YOU NEVER KNOW WHAT OUR SUBJECT MATTER WILL BE, AND WE TRY TO DEAL WITH ANYTHING THAT COULD ENRICH YOUR LIFE AND MAKE IT A BETTER, THIS IS WHAT WE ARE DOING TODAY. MY GUEST, I HAVE GOT MY GUEST, SHARRON, A REAL ESTATE BROKER, AND SHE WAS HERE A FEW MONTHS AGO, AND WE SPOKE ABOUT THE BOOK, THE POWER OF PROVERBS, THE BOOK OF THE BIBLE. AND SHE HAS WRITTEN ANOTHER BOOK ON REAL ESTATE. AND THINGS, THAT YOU SHOULD KNOW, AND SOME BASIC INFORMATION, AND WE CAN SET STRAIGHT SOME MISINFORMATION THAT WOULD BE OUT THERE, I WANTED TO SHOW YOU THAT INTERVIEW TODAY, I WILL BE SHOWING IT TO YOU, IT IS IMPORTANT, WE ARE HOMEKEEPERS. GOD IS VERY MUCH INTO US OWNING PROPERTY. AND DO NOT GET ME WRONG, AND IF YOU DO NOT HAVE ANYTHING THAT WOULD BE FINE, BUT YOU WILL SEE IN THE OLD TESTAMENT, AND HOW THE LAND WAS TO GO TO CERTAIN PEOPLE. AND THERE IS A LOT TO BE SAID ABOUT HOMEOWNERSHIP, AND THIS CAN GIVE YOU SOME INFORMATION, AND STAY WITH ME ON THAT ONE. AND WERE GOING TO BE MAKING, ME AND STEPHANIE, AND WILL BE MAKING A DOUBLE CHOCOLATE ZUCCHINI BREAD. I HAVE NOTICED, AND GOING THROUGH THE RECIPES, AND ZUCCHINI IS IN EVERYTHING, IT DOES NOT HAVE MUCH FLAVOR, AND YOU CAN HAVE AN EXCUSE TO USE IT, MAYBE NOT OTHERWISE. I WANT TO AGAIN OFFER YOU THIS BOOK, IT IS VERY IMPORTANT, DEBT PROOF LIVING AND FOR ME PERSONALLY I DO NOT CHARGE ANYTHING THAT I CANNOT PAY AT THE END OF THE MONTH, I SIMPLY UP CANNOT PAYING ANY TYPE OF INTEREST, AND THE AMERICAN WAY, IS DEBT, AND IT IS INTEREST, AND THAT IS NOT GOD’S PLAN. AND THIS IS A REALLY WELL-WRITTEN BOOK, AND MY A LADY THAT WENT BANKRUPT AT ONE TIME, AND THIS IS NOT A THEORY, SHE HAS BEEN THERE. THIS WOULD BE THE BASIC INFORMATION ABOUT GETTING YOUR FINANCES BACK IN ORDER AND THIS WILL BE A BLESSING WHEN YOU DO, AND THIS IS CALLED A DEBT PROOF LIVING, AND THIS IS BY MARY HUNT, THAT WOULD BE INCLUDING THE SHIPPING AND HANDLING FOR THE $18, AND THERE IS AN 1800 NUMBER ON YOUR SCREEN FOR YOUR DEBIT CARD, AND IF YOU WILL SEND IN A CHECK, YOU WILL SEND THAT TO THE PO BOX YOU SEE ON YOUR SCREEN. AND AGAIN, I WOULD REITERATE THAT WOULD BE A VERY IMPORTANT BOOK, AND YOU CAN READ IT AND FOLLOW IT AND THAT CAN CHANGE YOUR LIFE AND MAKE IT BETTER. ALL RIGHT HAVE YOU EVER HAD ZUCCHINI AND CHOCOLATE?>>STEPHANIE: YES, YES, AND I AM INTERESTED TO TRY IT.>>ARTHELENE: THIS WOULD BE THE BREAD? BUT WHAT DO WE DO?>>STEPHANIE: AND YOU HAVE GOT THE ZUCCHINI AND I HAVE GOT THE EGGS, AND I HAVE GOT SOME HONEY AND VANILLA, AND I WILL PUT THAT TOGETHER NOW YOU WANT YOUR FINGERS.>>ARTHELENE: AND YES AND I AM GLAD SHE WATCHES OUT FOR ME.>>STEPHANIE: AND YES, YOU WANT TO BE CAREFUL, AND WE HAVE TO BE CAREFUL THAT YOU DO NOT LOSE SOME FINGERNAILS.>>ARTHELENE: I COME I SAID AT THE TOP OF THE PROGRAM, YOU CAN PUT ZUCCHINI IN ANYTHING AND THERE IS NO FLAVOR.>>STEPHANIE: AND YOU WOULD BE ADDING A VEGETABLE, AND THIS WOULD BE HELPING YOUR CHOCOLATE. OKAY, AND SO, THAT WAS HERE.>>ARTHELENE: AND WE HAVE THE DARK CHOCOLATE, AND THIS IS NOT OBJECTIONABLE, AND THIS IS JUST CALLING FOR A SMALL PORTION. AND WE HAVE SOME BROWN SUGAR, AND THIS WOULD BE ABOUT ALL WE NEED.>>STEPHANIE: THAT WOULD BE GOOD AND THERE WE GO. AND NOW YOU WILL SPRAY THE PAN OVER THE SINK, PLEASE.>>ARTHELENE: AND YOU KNOW I AM SERIOUS, AND I AM GLAD YOU REMINDED ME OF THIS AND I FORGET IT EVERY TIME.>>STEPHANIE: AND I HAVE GOT THE BROWN SUGAR, THIS WOULD BE THE ONLY SUGAR IN HERE, AND WE HAVE THE CHOCOLATE CHIPS.>>ARTHELENE: I AM SERIOUS THIS TIME.>>STEPHANIE: BE SERIOUS.>>ARTHELENE: I WOULD LIKE TO COMMEND STEPHANIE AND THEY HAVE GOT INTO A SITUATION WITH THEIR HOUSE, A FEW YEARS AGO, AND MAYBE I WOULD HAVE THOUGHT WE COULD WALK AWAY.>>STEPHANIE: AND WE WERE DOUBLE UPSIDE DOWN.>>ARTHELENE: AND THAT WOULD BE A DISASTER.>>STEPHANIE: AND WE HAVE MADE SOME MISTAKES.>>ARTHELENE: AND I HAVE MET MANY PEOPLE THAT WILL TAKE ADVANTAGE OF IT, AND THEY ARE NOT REAL ESTATE EXPERTS.>>STEPHANIE: AND WE SIGNED UP, AND NOW WE ARE NOT DOUBLY UPSIDE DOWN, AND WE DO NOT REALLY HAVE A PROBLEM NOW.>>ARTHELENE: AND DO YOU PAY THE PRINCIPAL NOW?>>STEPHANIE: YES. AND WE THANK THE LORD FOR THAT.>>ARTHELENE: YES. I CAN REMEMBER THE INTEREST ONLY LOANS CAME OUT, AND THAT WOULD BE GOOD FOR MAYBE LIKE A BRIDGE.>>STEPHANIE: AND WE THOUGHT WE WERE MOVING AT THAT TIME, AND WE THOUGHT WE COULD GET TO, JUST HAVE ONE PAYOFF, BUT OH MY GOODNESS, AND WE NEVER GOT THE OPPORTUNITY TO MOVE. AND WE HAVE THE BAKING FLOUR, THE SODA AND THE SALT. AND YOU STILL NEED TO SPRAY THE PAN.>>ARTHELENE: AND WILL THIS GO IN HERE LAST?>>STEPHANIE: YES. ALL RIGHT NOW LET ME HAVE MY DRY INGREDIENTS.>>ARTHELENE: IF YOU SEE US REGULARLY. YOU WOULD KNOW THAT STEPHANIE WOULD BE EXHIBIT A, FOR COMING OUT OF A FINANCIAL PROBLEM. THAT WAS AN ABYSS.>>STEPHANIE: AND YES MANY SLEEPLESS NIGHTS.>>ARTHELENE: AND A LOT OF ANXIETY.>>STEPHANIE: AND FEELING LIKE YOU HAVE GOT A REAL PROBLEM.>>ARTHELENE: AND I THINK I HAVE SPOKEN TO MANY PEOPLE THAT UNDERSTAND, AND WE KNOW WHAT WE ARE SAYING.>>STEPHANIE: AND YES LIFE HAPPENS. I HAVE NOT READ THAT BOOK, BUT ANY HELP YOU CAN GET.>>ARTHELENE: AND WHEN YOU GET THE INFORMATION, AND THE BIBLE SAYS KNOWLEDGE IS POWER.>>STEPHANIE: AND YES AND WE WANT THESE THINGS TOGETHER. AND YES NOW WE HAVE THE CHOCOLATE CHIPS AND THE ZUCCHINI. AND YES, THIS DOES SOUND SO WEIRD. IF YOU WANT TO GET THE VEGETABLES AND THE DIET OF THE KIDS. THIS WOULD BE ONE WAY.>>ARTHELENE: AND I DO NOT KNOW AND I LOVE THE QUICK BREAD, AND I HAVE NEVER HEARD OF ONE LIKE THIS. HOWEVER, BROOKE, AND SHE WOULD BE OUR DARLING LITTLE FLOOR DIRECTOR. AND STEPHANIE, HAVE YOU HEARD OF THIS BEFORE?>>STEPHANIE: AND YES, AND I LIKE TO USE PINTEREST AND I USE ALL OF THE DIFFERENT ONES. ALL RIGHT NOW LOOK AT THIS. ALL RIGHT NOW LET ME TURN THIS UP AND I AM ALMOST DONE.>>ARTHELENE: AND THEN YOU WILL FOLD THIS IN?>>STEPHANIE: AND YES AND PUT THIS ALL TOGETHER IN, AND WHAT YOU DO HERE YOU DRAIN THE ZUCCHINI, AND YOU WANT TO WORK IN HERE, BECAUSE YOU DO NOT WANT TO HAVE A MESS. AND WE HAVE THE CHOCOLATE CHIPS.>>ARTHELENE: AND YES I WANT TO SEE OF THIS IS REALLY MOIST. AND THIS WOULD BE THE BEST BREAD I HAVE EVER HAD.>>STEPHANIE: SERIOUSLY AND THIS WOULD BE GOOD STUFF, AND YES YOU PUT THIS IN THE PAN AND YOU BAKE IT. AND YES THIS WOULD BE FOR 65 MINUTES, THIS WOULD BE A LONG PROCESS.>>ARTHELENE: BUT THIS WOULD BE FINISHED, THIS IS THE FINISHED PRODUCT.>>STEPHANIE: IT IS BEAUTIFUL. AND SOME HONEY WOULD BE GREAT ON IT. AND MAYBE JUST THE BREAD?>>ARTHELENE: AND MAYBE YOU COULD USE A DRIZZLE? WITH THE CHOCOLATE?>>STEPHANIE: ALL RIGHT WE WANT TO HAVE A LITTLE HEALTHIER, OKAY THIS WOULD BE SO GOOD. AND YES, AND SHE CANNOT STOP EATING IT, SHE CANNOT TALK.>>ARTHELENE: THIS IS DELICIOUS. AND DO YOU WANT TO TASTE IT? I WILL TASTE IT. AND YOU KNOW SHE IS SWALLOWING IT NOW. IF YOU WANT THE RECIPE, YOU CAN EMAIL US, AND YOU COULD WRITE TO US AND IT IS ABSOLUTELY FREE. AND YOU CAN ALSO SEND AN ENVELOPE, OTHERWISE, I WILL BE GLAD TO GET THIS OUT TO YOU, AND YOU COULD ADD THIS TO YOUR COLLECTION. IF YOU HAVE NOT MET MY SPECIAL GUEST, SHARRON, BE READY TO LEARN ABOUT REAL ESTATE, THIS WOULD BE IMPORTANT. MUSIC MUSIC MUSIC IF YOU WOULD LIKE A COPY OF TODAY’S RECIPE WRITE TO THE ADDRESS ON YOUR SCREEN, OR YOU CAN CONTACT THE MINISTRY THROUGH THE WEBSITE YOU SEE ON YOUR SCREEN. MUSIC MUSIC MUSIC MUSIC MUSIC MUSIC MUSIC MUSIC MUSIC>>ARTHELENE: AND SHARRON, AND WHEN I SAW, AND WHEN I SAW THE TITLE OF YOUR BOOK, I THOUGHT WHY? AND EXPOSING THE TRUTH BEHIND REAL ESTATE INVESTING.>>GUEST: IT CAN BE AWFUL.>>ARTHELENE: AND I MIGHT SAY YOU WOULD BE VERY QUALIFIED TO WRITE THE BOOK. AND WHEN I GOT INTO THE BOOK, I KNOW ENOUGH ABOUT REAL ESTATE, I THOUGHT THIS WOULD BE THIS WOULD BE A VERY IMPORTANT BOOK. AND WHY DID YOU MIGHT THE BOOK?>>GUEST: WELL, YOU KNOW, I USED TO DO A LOT OF NATIONAL REAL ESTATE, AND I DID SOME COACHING, AND HELPING PEOPLE. THERE WERE SO MANY COMMON, AND THE SAME QUESTIONS OVER AND OVER OVER THE YEARS, AND PEOPLE THINK THE THING WRONGLYAND THEY WANT TO GET INTO REAL ESTATE, AND I WAS SPEAKING, AND I DO NOT REALLY DO THAT ANYMORE, AND WE HAD GOT TO GET IT TOGETHER. AND I WANTED TO DO A BOOK WITH ME AND MY HUSBAND, AND WE COULD TAKE THE TOP 10 THINGS, THAT I HAVE ALWAYS HEARD. AND I WANTED TO PUT THIS INTO A BOOK TO HELP THE PEOPLE.>>ARTHELENE: AND THE TRUTH WOULD BE, AND WHEN THE ECONOMY WOULD GO THROUGH CYCLES, AND THE LAND, THE BUILDINGS, AND THAT WOULD BE THE BEST INVESTMENT?>>GUEST: I BELIEVE SO.>>ARTHELENE: WELDED THAT WOULD BE SOMETHING YOU COULD WALK ON.>>GUEST: AND YOU COULD HAVE CONTROL OVER IT, AS LONG AS YOU CAN HANDLE IT.>>ARTHELENE: YOU CAN LEARN A LOT FROM THE BOOK, AND I AM NOT COMPLETELY ON REAL ESTATE, AND I HAVE DABBLED SOMEWHAT, AND MY IN-LAWS, AND THEY ARE VERY EXPERIENCED, AND THEY WOULD GET SOMETHING OLD AND FIX IT UP AND RENT IT OUT. AND MY HUSBAND, ALSO, AND HE WAS ON THE TRACK WHEN HE PASSED AWAY. SO, AND WE COULD TOUCH ON A FEW THINGS. AS WE ARE TALKING THOUGH RIGHT NOW, AND THE MORTGAGE RATES ARE VERY ATTRACTIVE, ARE THEY NOT?>>GUEST: YES THEY ARE.>>ARTHELENE: AND WHAT WOULD KEEP PEOPLE FROM NOT PURCHASING REAL ESTATE?>>GUEST: I WOULD BE AFRAID OF TAKING A RISK, AND MAYBE YOU CANNOT RENT IT OUT AND ALL OF THE QUESTIONS, AND SO MANY PEOPLE DO NOT HAVE THE DOWN PAYMENT OR THE CREDIT, TO GET A RENTAL PROPERTY. YOU NEED MAYBE 20 OR 30% DOWN, AND NEED THE MONEY TO FIX IT UP. IT WOULD BE A DIFFERENT THING. AND PEOPLE ARE NOT AWARE OF WHAT IS AVAILABLE FOR THEM TO DO.>>ARTHELENE: AND YOU HAVE DONE THIS ALL RIGHT HERE HAVING YOU? HAVE YOU PURCHASED THE FIXER-UPPER’S?>>GUEST: I HAVE DONE IT ALL.>>ARTHELENE: AND ONE THING YOU MIGHT SAY, YOU DO NOT HAVE TO HAVE A LICENSE IN REAL ESTATE. ONLY IF YOU SELL IT?>>GUEST: IF YOU SELL THE PROPERTY FOR SOMEONE WHO WILL PAY YOU, YES, THAT WOULD BE ONLY REASON YOU WOULD NEED A LICENSE. AND HOWEVER, TO PURCHASE IT AND SELL IT, YOU DO NOT.>>ARTHELENE: I THAT WOULD BE IMPORTANT. AND DO MOST PEOPLE THINK, THEY COULD BE RICH REALLY QUICKLY? IN REAL ESTATE?>>GUEST: AND YES THERE ARE SO MANY SEMINARS, AND THE BIG HOTEL SEMINARS, AND THE PEOPLE ARE TEACHING, IF YOU COULD PURCHASE THIS, YOU COULD BE RICH WITHIN 60 DAYS. AND YOU KNOW WHAT THEY SAY THIS IS NOT REALLY THAT EASY.>>ARTHELENE: I WENT TO ONE OF THOSE—.>>GUEST: I THINK EVERYBODY DID.>>ARTHELENE: AND YES AND THAT IS REALLY MEANT TO PURCHASE THINGS WHY DID NOT BUY ANYTHING.>>GUEST: THAT WOULD BE A COMMON THEME, THAT YOU COULD BE RICH QUICKLY IF YOU WILL JUST DO THIS. AND I BELIEVE YOU CAN BECOME RICH, BUT IT IS NOT QUICK.>>ARTHELENE: ALL RIGHT, AND WHAT SHOULD YOU DO, AND WHAT SHOULD YOU LOOK FOR? IF SOMEBODY WANTS, IF SOMEBODY WANTS TO FIX SOMETHING UP, AND WHAT WOULD BE THE FORMULA, AND HOW MUCH DOWN, AND HOW MUCH YOU SHOULD HAVE DONE TO FIX IT UP? AND I CAN TELL, AND I AM NOT AN EXPERT AND WHEN YOU GO INTO A PLACE, AND THEY JUST PUT DOWN SOME CHEAP CARPETING, AND THEY PAINTED THE WALLS, AND THAT WOULD BE ALL. IT MAKES IT LOOK BETTER. BUT THAT MIGHT NOT BE A GOOD INVESTMENT.>>GUEST: AND MIGHT I BELIEVE, AND THE END GAME, THAT IS WHAT YOU WANT TO USE TO COME UP WITH YOUR FORMULA. AND I HAVE A FORMULA INTO THE BOOK, FOR PURCHASING AT THE RIGHT NUMBERS, AND REGARDLESS OF THE AMOUNT OF WORK IT MIGHT NEED, AND WE CAN TAKE THAT OFF OF THE VALUE, AND THEN WE TAKE OFF THE EQUITY, AND WE COME UP WITH A PRICE. AND WHEN I PAY, BUT COULD I GET THE MONEY FOR WHAT YOU NEED TO DO? AND THEN AND YOU NEED THE EQUITY, AND THEN YOU MIGHT YOU NEED SOME EQUITY OUT OF THE INVESTMENT. AND THEN YOU HAVE THE CASH FLOW.>>ARTHELENE: ALL RIGHT, THAT WOULD BE IN THE BOOK, NOW LET ME PUT UP A WEBSITE, AND YOU CAN FIND THE BOOK THROUGH THIS. ALSO, YOU HAVE TO, YOU HAVE TO CONSIDER, AND HOW MUCH YOU WANT TO COME OUT WITH, AND CAN YOU DETERMINE, CAN YOU KNOW WHAT YOU WILL COME OUT WITH?>>GUEST: YES, ABSOLUTELY.>>ARTHELENE: I THINK THIS IS WHERE PEOPLE GET INTO TROUBLE.>>GUEST: YES, ABSOLUTELY, AND MAYBE THEY DO NOT GET THE TRUE VALUE OF WHAT IT WILL SELL FOR, AND THAT WOULD BE ONE MISTAKE, AND THEY CAN UNDERESTIMATE HOW MUCH REPAIR IT REALLY NEEDS ON THE PROPERTY.>>ARTHELENE: AND YOU REALLY MUST DO YOUR HOMEWORK. I WOULD LIKE TO WATCH SOME OF THE PROGRAMS.>>GUEST: I DO, TOO.>>ARTHELENE: I SAW ONE LAST WEEK AND I THOUGHT THEY COULD NOT MAKE ANY MONEY, AND THEY DID NOT MAKE AS MUCH AS THEY THOUGHT THEY WOULD, BUT THEY STAYED WITH IT. AND THEY DID LOOK LIKE THEY KNEW WHAT THEY WERE DOING, THAT WOULD BE IMPORTANT. AND HOW, AND HOW CAN YOUR EMOTIONS GET INTO THIS? AND I DO NOT THINK THIS WOULD BE A GOOD THING.>>GUEST: AND SO MANY PEOPLE CALL, AND THEY HAVE MADE THE PURCHASE, AND MAYBE THEY HAVE MADE THE MISTAKE ALREADY, AND NOW THEY ARE IN A SITUATION AND THEY NEED HELP. SO MANY TIMES AT THE ROOT OF THE DECISION, IT WAS EMOTIONAL AND NOT FINANCIALLY BASED. AND THEY LOOKED AT IT, IT WAS RIGHT NEXT DOOR, I WOULD LIVE IN IT, AND PEOPLE WOULD SAY THAT, AND I PAID MORE FOR IT, AND MAYBE I HAD MADE MORE IMPROVEMENTS, LIKE I WOULD LIVE THERE, AND I DID NOT WANT TO KEEP IT AS A RENTAL, AND WE CAN BE GREEDY, AND YOU CAN OVERPAY. AND THE SAME THING WITH ANY OTHER AREA OF YOUR LIFE. AND THESE THINGS CAN HURT YOU.>>ARTHELENE: AND IF YOU ARE JOINING ME NOW, AND THIS IS MY GUEST, SHARRON AND SHE IS BEEN HERE A FEW TIMES, AND THIS WOULD BE SO INTERESTING, EXPOSING THE TRUTH BEHIND THE LIES OF REAL ESTATE INVESTING, AND WHEN I WENT THROUGH IT, I THOUGHT THIS WOULD BE A GOOD BOOK. I, I, I HAD A QUESTION ABOUT THE TITLE, AND YOU CAN UNDERSTAND THIS, AND I CAN UNDERSTAND IT, IT IS NOT ABSOLUTELY TECHNICALLY INVOLVED. AND WHAT WOULD BE, WHAT WOULD THE WORK THAT YOU WOULD DO YOURSELF? AND CAN THIS TURN OUT TO BE A LOT MORE THAN YOU THOUGHT? AND MAYBE TIME-CONSUMING, AND THAT CAN EAT INTO YOUR PROFITS?>>GUEST: YES, ABSOLUTELY, THERE ARE THOSE WHO WILL BELIEVE THEY WILL DO THE WORK THEMSELVES ON THE WEEKEND, AND MAYBE IT WILL NOT BE A LITTLE TIME, AND NOW IT COULD BE FIVE OR SIX MONTHS, AND THE WEEKENDS ARE NOT ENOUGH. IT IS TIRING. AND TIME IS MONEY. YOU COULD ACTUALLY MAYBE FIXING IT UP FOR SO LONG AND THE MARKET CHANGES, AND NOW YOU MAKE NO MONEY. IT GOES BACKWARDS. AND YOU KNOW BUT WHERE ARE THE PRIORITIES? AND PEOPLE MUST BE REALISTIC ABOUT IT. AND I WANT YOU TO FOCUS ON THE GOAL, AND WHAT DOES IT LOOK LIKE? AND I LOOK INTO THE CHAPTERS, AND PEOPLE THINK THAT WOULD BE A WEEKEND WARRIOR.>>ARTHELENE: AND THEN THEY ARE PULLED AWAY FROM THE FAMILY? AND THAT IS NOT WORTH IT. ALSO, AND A NOVICE, AND MAYBE SOMEONE THAT IS NEVER DONE THIS AND THEY WOULD NOT REALIZE THE IMPORTANCE OF THE TITLE SEARCH. BUT HOW WOULD YOU COMPARE THE TRUE VALUE? AND YOU KNOW, AND MAYBE WOULD LOOK AT A COUPLE OF HOMES, AND WOULD THERE BE A FORMULA, AND MAYBE BEING VERY REALISTIC?>>GUEST: AND THE ONLY WAY TO LOOK AT THE TRUE VALUE OF THE HOME, AND MAYBE YOU WOULD GET AN APPRAISAL, WOULD LOOK AT THE SALES, AND LOOK AT THE REAL VALUE. AND SOMEBODY SAID ME A PROPERTY, AND THEY SAID THIS IS A DEAL, IT IS A STEAL. I AM ALWAYS HESITATING, BUT YOU AND WHY IS THIS STILL ON THE MARKET? AND THERE ARE SO MANY PEOPLE THAT MIGHT TAKE IT UP. AND WHEN I DO THE SALES, AND THEY WILL SAY, AND HERE ARE ALL OF THE SALES. AND SOMETIMES IT CAN BE A $100,000 BELOW WHAT THEY THOUGHT, AND THAT IS A PROBLEM. AND IN A SITUATION, AND THE HOME WAS A HALF $1 MILLION WITH NO SWIMMING POOL, AND THEY MUST HAVE A SWIMMING POOL, OTHERWISE, IT WOULD BE ANOTHER PLACE I WOULD BE SITTING WANTING TO SELL IT. AND THE EXAMPLE WOULD BE, AND LOOKING AT ALL OF THE PEOPLE THAT WANT THE PRICE.>>ARTHELENE: BUT THAT DOES NOT MEAN ANYTHING.>>GUEST: AND THE REAL VALUE BUT WHAT WOULD YOU BE WILLING TO PAY? AND HOW CAN THAT COMPARE TO ME AND BY MY FOOTAGE AND THE AMENITIES, AND THE CONDITION OF THE HOME.>>ARTHELENE: AND WOULD THAT BE EASY, TO GET CAUGHT UP IN A SITUATION AND MAYBE WITH THE TITLE SEARCH? AND PEOPLE THINK IT IS OKAY, AND YOU COULD DO THE TITLE SEARCH AND MAYBE THE HOME HAS A LIEN.>>GUEST: AND IF YOU PAY CASH, AND WITH NO ONE REPRESENTING YOU, THAT WOULD BE A BIG MISTAKE, IT IS HUGE. THE INSURANCE, AND MAYBE YOU HAVE NO TITLE INSURANCE, AND THAT COULD BE LIKE YOUR HOMEOWNERS, WELL OKAY, AND THE DOG BIT SOMEBODY BUT YOU HAVE THE INSURANCE, BUT YET YOU DO NOT HAVE THE DOG BITE INSURANCE. AND THE TITLE INSURANCE COULD BE THE SAME WAY, AND THEY HAVE ALL THE SAME THINGS IN THE INSURANCE, AND MAYBE THEY DID NOT COME UP ON THE SEARCH. AND YOU ARE THINKING THAT YOU HAVE THE INSURANCE, AND THEN THERE IS A PROBLEM TO RESELL THE PROPERTY, AND THEN YOU GO BACK TO THE UNDERWRITER, AND THEY WILL SAY, THEY WILL NOT PAY ANYTHING, AND THAT WOULD BE A LIFE SAVINGS, THAT WOULD BE A HUGE AMOUNT OF MONEY TO LOSE.>>ARTHELENE: IT WOULD BE EASY FOR A NOVICE TO MAYBE ROMANTICIZE, I WILL GET THIS FOR THIS, AND THEN I COULD MAYBE MAKE $10,000. AND YOUR BOOK, AND YOU ARE TRYING TO HELP THE PEOPLE AVOID THESE THINGS.>>GUEST: THAT WOULD BE RIGHT.>>ARTHELENE: HAVE YOU EVER LOST ANY MONEY?>>GUEST: YES.>>ARTHELENE: AND HAVE YOU MADE A BAD DEAL?>>GUEST: AND USUALLY I CAN BRING IT BACK TO MY MISTAKES IN MY BOOK, I WAS GREEDY, AND I WANTED TO PURCHASE IT, AND I BECAME EMOTIONAL.>>ARTHELENE: WOULD THAT BE GOOD?>>GUEST: ABSOLUTELY NOT.>>ARTHELENE: DO NOT GET INTO THE BIDDING WARS? AND MAYBE IF YOU KNOW WHAT YOU ARE DOING.>>GUEST: AND IN A HOT MARKET YOU CANNOT BE IN A BIDDING WAR, AND I TRY NOT TO COMPETE ON THE PRICE, BUT I TRIED TO MAYBE PUT MORE MONEY DOWN, AND I TRY NOT TO PAY MORE, AND MAYBE I WIND UP WITH A LESS.>>ARTHELENE: AND IS THAT WORKING FOR YOU? ALL RIGHT. OKAY. AND HOW WOULD YOU DETERMINE THE BENEFIT OF A MARKET CYCLE? AND THESE THINGS GO IN CYCLES, AND I HAVE SEEN IT IN FLORIDA, AND PEOPLE WOULD BE SITTING ON THE CONDO, AND THEY ARE WAITING TO BUY IT.>>GUEST: IN AND I WISH I HAD BEEN SITTING ON THE SIDEWALK, I HAVE BEEN STANDING IN THE GRAVEL.>>ARTHELENE: AND YES, AND MAYBE THINGS BOTTOM OUT SO VERY QUICKLY. IT IS HARD TO BELIEVE, THAT MAYBE JUST IT GOES BOOM. BUT HOW DO YOU TAKE THAT INTO CONSIDERATION?>>GUEST: AND YES THERE WOULD BE A FEW MARKET CYCLES, THERE ARE ABOUT FOUR OF THEM. AND I TALK ABOUT MY REAL ESTATE CRYSTAL BALL, FOR EVERY AGENT, AND FOR EVERYBODY IF YOU CAN UNDERSTAND THE MARKETS, AND WHAT THEY MEAN TO YOU, AND THEN BOOM, YOU CAN FIX THAT OUT. AND I TALK ABOUT THIS IN MY CHAPTER, AND YOU MAKE THESE HARD DECISIONS, AND THEY CANNOT BE EMOTIONAL. AND FOR THE CYCLES, THEY CAN DETERMINE, THIS IS WHAT IS HAPPENING AND SO DO THIS. AND IF I KNOW AHEAD OF TIME, THAT THE CYCLE WOULD BE ABOUT TO SHIFT, MAYBE TO GOING DOWN. I WILL LOWER MY PRICES, AND I WANT TO UNLOAD EVERYTHING BEFORE I LOSE MONEY.>>ARTHELENE: BUT WHY DO NOT YOU PURCHASE THEM THEN?>>GUEST: BUT I WOULD, I PURCHASE ALL I CAN WHEN THE MARKET IS DOWN.>>ARTHELENE: AND WHAT ABOUT, AND MAYBE SOMEBODY GOING IN, WITH A REALLY CLEAR BUSINESS MODEL? AND CAN THEY FIND THAT IN THE BOOK?>>GUEST: ABSOLUTELY. AND I TALK ABOUT MY BUSINESS PLANS. AND THE NEXT MOST IMPORTANT THING WOULD BE BUILDING A TEAM, IT WOULD BE THE RELATIONSHIPS AND THE COUNSEL, THAT YOU SURROUND YOURSELF WITH. AND MAYBE THAT COULD HELP YOU TO OVERCOME THE FEAR, AND THEN THAT CAN HELP YOU TO TAKE YOURSELF DOWN THE ROAD.>>ARTHELENE: AND YOU WROTE A BOOK, THE POWER OF PROVERBS. AND DID THIS INFLUENCE YOUR BOOK HERE? AND DID YOU DO THIS THROUGH TRIAL AND ERROR?>>GUEST: AND SINCE I WAS BORN. AND YES I HAVE DONE THIS FOR OVER 20 YEARS.>>ARTHELENE: AND SO YOU HAVE SEEN.>>GUEST: I HAVE BEEN THROUGH EVERY MARKET CYCLE, I HAVE MADE EVERY MISTAKE, I AM STILL AROUND.>>ARTHELENE: SO, THAT WOULD BE NOT MUCH OF A CHANCE, THAT YOU WOULD PURCHASE SOMETHING ON THE BASIS OF A GOOD FEELING?>>GUEST: NOT ANYMORE. AND IF I STILL MAKE THOSE MISTAKES TODAY, I CAN CATCH MYSELF BEFORE I DO IT. AND I TRY TO DO IT NOW.>>ARTHELENE: AND WE ARE ALMOST OUT OF TIME, HAVE YOU EVER PURCHASED REAL ESTATE IN AN AUCTION?>>GUEST: ALL OF THE TIME.>>ARTHELENE: REALLY? I WANT TO GO WITH YOU BECAUSE THAT WOULD SCARE ME.>>GUEST: AND THAT COULD BE ONLINE, AND MOST AREAS IT IS ALL ONLINE.>>ARTHELENE: AND DO YOU NEED A LOT OF KNOWLEDGE?>>GUEST: I SPEAK ABOUT THIS IN MY BOOK, AND DO NOT DO THIS REMOTELY.>>ARTHELENE: AND MAYBE NOT TO ME?>>GUEST: AND YES AND YOU COULD BE VERY HURT IN THESE AUCTIONS, AND YOU THINK THAT YOU WOULD BE BIDDING ON A MORTGAGE, AND THEY ARE NOT, AND MAYBE THEY WANT TO WIPE OUT THEIR DEBTS. AND WHEN YOU PURCHASE AT AN AUCTION, IT DOES NOT WIPE AWAY THE DEBT.>>ARTHELENE: BUT HOW MUCH INFORMATION CAN YOU HAVE BEFORE YOU BID?>>GUEST: I REALLY HAVE TO DO SO MUCH DUE DILIGENCE.>>ARTHELENE: AND YOU? AND NO THEY DO NOT TELL YOU?>>GUEST: AND THE OWNERS HAVE MAYBE RAN AWAY, AND THEY ARE NOT PAYING, AND THE BANK CANNOT TELL YOU ANYTHING, AND YOU WOULD BE NO ONE. AND SO ALL YOU CAN DO, YOU HAVE TO DO A TITLE SEARCH, AND SEARCH FOR LIENS.>>ARTHELENE: I PURCHASED A CAR FROM A MAN, WHO PURCHASED IT AND HE KNEW WHAT HE WAS DOING AT AN AUCTION. IT WAS WONDERFUL. BUT YOU DO NOT WANT TO SEND ME TO THE AUCTION.>>GUEST: EXACTLY. AND PEOPLE CAN HIRE US, TO PURCHASE THE PROPERTY. AND THAT WOULD BE THE SAME THING, IT LIMITS THE CHANCE OF BEING HURT.>>ARTHELENE: AND WE LIKE TO GIVE YOU HEAR A BROAD VIEW OF LIFE, AND I THOUGHT THIS COULD BE INTERESTING, EXPOSING THE TRUTH BEHIND THE LIES OF REAL ESTATE INVESTING. AND YOU FOUND THIS INFORMATIVE. AND MAYBE THIS COULD SAVE YOU SOME TROUBLE AND HEARTACHE AND ALL. AND THANK YOU SO MUCH FOR THIS AND THIS WOULD BE INTERESTING AND STAY WITH ME BECAUSE I HAVE GOT SOME THINGS TO SAY BEFORE WE SAY GOODBYE.>>MUSIC>>MUSIC>>ARTHELENE WOULD LIKE YOU TO GIVE THE FOLLOWING INFORMATION HANDY, YOU CAN CONTACT HOMEKEEPERS BY WRITING TO THE PO BOX YOU SEE ON YOUR SCREEN, 33758. AND YOU COULD GO TO THE WEBSITE YOU SEE, AND WE ALWAYS ENJOY HEARING FROM OUR VIEWERS AND WE THANK YOU FOR YOUR SUPPORT.>>MUSIC>>MUSIC>>MUSIC>>MUSIC>>ARTHELENE: ALL RIGHT, I HOPE YOU FOUND THAT AS INTERESTING AS I HAVE FOUND. I HOPE, AND IF YOU WANT A HOME, AND MAYBE YOU COULD GET ONE, AND ONE WAY, AND GET YOUR FINANCES IN ORDER, IF THEY WOULD BE IN DISARRAY NOW AND I WANT TO SHOW YOU THIS BOOK BY MARY HUNT, DEBT PROOF LIVING. IT COVERS EVERYTHING THIS WOULD BE YOURS FOR THE GIFT OF $18 TO THE PROGRAM, AND THIS COULD GET YOU STARTED ON A BETTER FINANCIAL PATHWAY. AND YOU COULD CALL THE TELEPHONE NUMBER YOU SEE ON YOUR SCREEN. AND YOU CAN USE YOUR CREDIT CARD, AND YOU CAN ALSO WRITE ME AT MY PO BOX YOU SEE ON YOUR SCREEN. AND YOU CAN SEND IN A CHECK, AND WE WILL GET IT OUT TO YOU. AND I WENT ONLINE BEFORE THE PROGRAM BEGAN TO LOOK UP WHAT THE BIBLE SAYS ABOUT OWNING PROPERTY, IT WOULD BE VERY MUCH IN HERE. I HAVE GOT SOME SCRIPTURES DEUTERONOMY, TO COMMAND THE BLESSING, HE WILL BLESS YOU IN THE LAND, THAT THE LORD HAS GIVEN YOU AND JOSHUA SAYS EVERYPLACE WHERE YOU TREAD I HAVE GIVEN IT TO YOU. JEREMIAH TO BUILD HOUSES AND LIVE IN THEM AND PLANT GARDENS, AND PROVERB SAYS, AND DO EVERYTHING FOR YOURSELF AND THE FIELD, AND THEN BUILD A HOUSE. AND A LOT OF PEOPLE SAY, PROBABLY AND THE HOME YOU HAVE PURCHASED WOULD BE THE BIGGEST THING IN YOUR LIFE. AND SO THIS COULD BE SO MUCH TO KNOW. AND YOU SHOULD BE PREPARED, AND AS I MAKE THE PROGRAM AND THE INTEREST RATES WOULD BE PRETTY LOW. NOW THINK ABOUT IT, GOD WILL HELP YOU WHEN YOU DO IT HIS WAY, THAT WOULD BE A PROMISE. JOIN ME AGAIN AND REMEMBER THERE IS NO HIGHER CALLING THAN THAT OF A HOMEKEEPERS GOD BLESS YOU.>>IF YOU SHOULD MISS A PROGRAM YOU COULD CATCH UP, AND YOU COULD GO TO THE WEBSITE YOU SEE ON YOUR SCREEN, AND GO TO THE PROGRAMMING SECTION, WATCH ONLINE AND ON DEMAND, GO TO HOMEKEEPERS.>>MUSIC>>CAPTIONED BY THE STAFF AT CTN ♪>>MUSIC ♪>>MUSIC ♪>>MUSIC ♪>>MUSIC ♪>>MUSIC ♪>>MUSIC>>MUSIC

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