In This Issue

Note From The Editor:
Setting Up Your Website
("You will probably want to be involved in the development and maintenance of the site.")
There are so many different ways to set up your website, the options are limitless. Where do you start? First... (Continued Below)

News Headlines: The Latest Mortgage Related News Headlines

Announcements:
Coming soon - Scott Tucker!

Feature Article: Top 5 Reasons Why Short Sales Crash
By Dave Peeples

Marketplace: Tools for getting leads and increasing your in.come.

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Thrive Now Success Series presents ...

Coming Soon - Special Guest Scott Tucker !!
(Submit your questions now! )

Topics will include:
* Learn how to work with and contact more realtors.
* Learn how to work with FSBO contacts to market mortgages.
* Learn how to market VA/ FHA.
* and MORE
(Let us know what topics YOU want covered!!
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Government Considering a Fannie Freddie Takeover
Government said to be plotting plans to save Freddie Mac and Fannie Mae as investors continue to pull back from the corporations.
U.S. Michigan Consumer Sentument Rebounds for First Time Since January
The preliminary consumer sentiment survey from Reuters and the University of Michigan rebounded for the first time since January, reaching a score of 56.6 in July from June's reading of 56.4.
U.S. Trade Deficit Unexpectedly Shrinks to -$59.8 Billion
The U.S. monthly trade deficit unexpectedly shrank in May to -$59.8 billion, with April's deficit figure downwardly revised to -$60.5 billion from a previously reported -$60.9 billion, the U.S. Census Bureau reported Friday.
Friday's Events: Canadian Employment Report, U.S. & Canadian Trade Data
The Canadian employment report kicks off Friday's events followed by the release of the new housing price index and international securities transactions for May, as U.S. markets prepare for the trade balance, import prices index and the preliminary Michigan sentiment report for July.

Top 5 Reasons Why Short Sales Crash
(However tantalizing buying a short sale may be, it can be very hard to get the transaction closed. )

By Dave Peeples

Many real estate agents and real estate investors spend a lot of time, money, energy, and effort working short sales without having an Idea Why Short Sales Crash. In this article, we are going to discover the Top 5 Reasons Why Short Sales Crash.

Let's start with the basics. A short sale occurs when a seller and lender agree that a home owner may sell their property to a third party for an amount that is not sufficient to satisfy all the liens against the property. In the case that their are multiple liens, then all lien holders must agree to the arrangement (this can be tricky).

Short Sales are advantageous to . . .

Read Full Story

Setting Up Your Website
("You will probably want to be involved in the development and maintenance of the site.")

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There are so many different ways to set up your website, the options are limitless. Where do you start?

First ask yourself a few basic questions:
1) What is the purpose of your site?
* Marketing tool
* Product or service sales
* Informational
* Social networking
* etc...
2) What impression do you want to make?
* Formal
* Youthful
* Busy or very clean
* Professional
* Down-to-earth / grass roots
3) Do you want to build and maintain the site yourself or hire someone?
4) How often will you be updating the content on the site?
5) How much money do you want to spend setting up and maintaining the site?

Once you have determined the answers to each of these questions you need to . . .

Learn More Now

Helping your business Thrive NOW!
Richard Lazovick
Editor of MortgagePro News,

P.S. I hope you have been benefitting from this MPN Thrive NOW! newsletter, the MortgagePro News website, the Teleseminars and all the other resources we have been providing for free this past year. If so, please show me your appreciation by dropping me a quick email testimonial. If you include a link to your website, I will post that on the MPN site. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

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