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everything appears make sense on the surface. I imagine there is a similar natural reluctance when people look at our LOS for the first time and may wonder: â€œâ€Śso what’s the catch?â€? But, [more] food for thought: We’ve also all experienced paying too much on our cell phone or insurance plan for years and find out switching to another, better option would’ve saved hundreds or thousands. Hind-sight is 20/20 – we tally up what we could’ve used that money for “if only we could get it backâ€?! Sometimes we are right, but we often end up spending more money than we should have. What can a new user expect when they download LoanAce for the first time? Like anything new, LoanAce will look a little different the first time but, once you are familiar with it, your previous LOS will soon look foreign to you. While I don’t want to sound overly presumptive, I think we do have the best program to offer and a business model that would be hard to beat. We have consistently been adding thousands of users and it would appear we are on our way to becoming the standard in the industry.
I have to ask – do you have a prediction for the industry? I am no economist but, as most know, the market is cyclical. I think hysteria is causing buyers to be uncertain, keeping them away from buying now, further pushing prices down. I think values will be artificially deflated below the real value because of housing market pessimism. When buyers realize that prices are not going to drop any farther, I think buyer competition will cause the market to pick up. Stability in the value of the collateral will cause lenders to feel more comfortable with reasonable risk. If I was to guess, I think things will be tolerable by the second quarter of next year and return to a good market again in 2010. Where can I find LoanAce? To download LoanAce for FREE, go to www.LoanAce.com and you can start using LoanAce immediately! The Web site has a lot of great information about LoanAce and TEAM – including a few short demos to help users get started.
Tellus Capital is a direct private money lending company specializing in commercial properties. Loan amounts from 200K to 5MM. • Lending Territory includes CA, AZ, WA, NV, OR, AZ and UT. • No Minimum FICO • No Seasoning • 24hr turning time on approvals. • 7 day funding time with completed loan package. Please email a summary request to daniel@tellus-capital.com or check out our website at www.tellus-capital.com. 4 &BTUFSO "WFOVF -BT 7FHBT /7 t UFM t GBY