Tuesday, October 31, 2017

Not Everyone Fits In The Traditional Mortgage Mold--Unusual Financing Available

Pamela Madore
Pamela Madore Mortgage
http://pamelamadoremortgage.com
806-290-1920

Not Everyone Fits In The Traditional Mortgage Mold--Unusual Financing Available

Unusual does not mean Guido.  All is means is that lenders are now offering programs that make sense even though they don't fit traditional financing.

Let me explain that just a bit.  


FHA,  VA and Conventional loans all have something to do the with government.  FHA loans are government insured against non-payment.  VA loans are guaranteed by the government for non-payment.  Conventional loans are "packaged" which means that similar loans are put together in big packages and sold in what is called the secondary market to create things like Treasury Bills. Therefore they have to meet certain strict guidelines.  That is really too complicated sometimes to even think about.  So I don't.  These are not for everyone.

These are called Agency Loans.

Now there are a whole set of other loans programs that are not "Agency Loans".  They are called non-traditional or unusual finaning loans.  These are the types of loans that I specialize in,

Be also aware that these loans are for low income all the way to kaziollionaire loans.  In other words, you don't have to be poor.  All it means is that you don't fit Agency guidelines.   Check out these videos.


These are not Guido loans---your legs are safe.  The thing to remember is that you might need more down as a down payment and your rate might be slightly higher.  Let me give you a couple of examples.

FHA loans with credit scores as low as 500
Bank statement programs for self-employment borrowers
Mobile home FHA financing with 3.5% down and 580 credit scores
One month bank statement program for self-employed or 1099 borrowers
People with ITINs 
People with both ITINS and also has a social security number

This is a very, very small sampling of programs that are available to you.   



My point?  If you don't fit the mold--maybe a little bit of a rebel--you may be the person that needs to call me or complete this form on my website.  It never hurts to ask.

Pamela Madore
Pamela Madore Mortgage
3955 S. Soncy
Amarillo, TX 79119
http://pamelamadoremortgage.com
806-290-1920




Get Rid of Your JOB and Start Your Own Business at Keller Williams Realty

Pamela Madore
Keller Williams Realty
806-290-1920
pamelamadore.com

Get Rid of Your JOB and Start Your Own Business at Keller Williams Realty

Feel like working for yourself instead of somebody else?  Feel like building your own business instead of theirs?



Starting your own business can be a little scary.  How do I do it?  How much will it cost?  Can I do it?  These are common and valid questions.

I don't know what your profession is at the moment but pretend that you become the owner of the business.  How much do you think it would cost you to do that?  More than $2000?  $5000? $100,000?  A million?  How much are you willing to spend to open your own business?

Where to start?  Well, if you are opening a restaurant we will need to learn many things in order to do it.  Where would you begin?  I don't know.  All I know how to do is waitress, bartend and eat.  That probably isn't enough.  I would probably need to go take some classes on business.  I would need to know how to operate a business and make a profit.  I would need to know how to find and hire a cook.  I would need to know marketing in order to get that first person in the door.  

Can I do it?  I am a firm believer that if you put your mind to it you can do anything.  It is better, though, if you really have a passion for it.....you want to live it and breathe it.  You have to be willing to learn and study and practice.  

Get Rid of Your JOB and Start Your Own Business at Keller Williams Realty



We make it easy.  You need about $2000.  You need to take some classes and pass a test.  You need to be trainable and willing to commit.  The trade off can  be amazing---if you want it to be.  

We provide the tools and help you become successful.

We even provide the opportunity  for lifetime (and the next generation) passive income.

Take a look at us and see what other agents have to say.

Check out all of the details at pamelamadore.com and then call me.  You don't have to live in Amarillo to take advantage of this opportunity.  You don't even have to live in the US! 

Pamela Madore
Keller Williams Realty
3955 S. Soncy
Amarillo, TX 79119
806-290-1920
http://pamelamadore.com








Tuesday, October 17, 2017

Build Your Profit Share Business Plan On Purpose

How To Build Your Profit Share Business At Keller Williams Realty Worldwide


First we have to make a couple of assumptions.  First, your market center must make a profit and, second, you must become dedicated to help that happen. 

The Profit Share Business is broken into 7 levels.  Gary Keller and the first ALC came up with these numbers because they seemed to work the best and fairest way to everyone.
(If I hear one of you saying that this sounds like a MLM scheme I will track you down!)

Since we are the fastest growing and largest real estate company by agent count in the WORLD that didn’t happen by accident.  Every agent that joins Keller Williams sees the values and opportunities available and wants to share the opportunity with friends, relatives, acquaintances, past and future clients.  Keller Williams never advertises.  We, as stakeholders, advertise ourselves.  Keller Williams Realty is a debt free company.

This is a very simple demonstration of how this works

Your 1st lever (people that you personally sponsored)                                      50%
Your 2nd level (people that your 1st level personally sponsored                        10%
Your 3rd level (etc.)                                                                                              5%
Your 4tth level                                                                                                       5%
Your 5th  level                                                                                                     7.5%
Your 6th level                                                                                                      10%
Your 7th level                                                                                                      12.5%                                                                                                                                                                                                                                                                                                          TOTAL       100%                                                                                                  


So 50% of what?  At the end of the month the Market Center has a profit (hopefully).  The person in your 1st level that contributed to company dollar that month it is determined what % of the profit was directly related to that person in your first line.  Let’s say that they contributed $1000  after the owner took their share.  Out of that $1000 you would receive $500. 

If you follow that down through  and each person that also contributed to company dollar in your tree would contribute to you the following:

1st  level $500
2nd level $100
3rd level $50
4th level $50
5th level $75
6th level $100
7th level $125

TOTAL  $1000

This is a very non-typical example but rather just showing you how the process works.  It could be that you have 10 people in your 1st level but only 2 go to the 7th level.  Others may never go any further than your 1st level and others may stall at level 3.  The thing about a TREE is that is drops SEEDS and each seed has the potential to build you a forest!

Keller Williams Does Not Have a 401-K . We Have A 401-KW

Pamela Madore
Keller Williams Realty
searchingfortalent.com
806-290-1920



Here is a story told by a Keller Williams Realty agent--paraphrased.

I receive $2200 a month in social security which I worked  for 45 years to get. This check will end when I die.  

I have been with Keller Williams Realty for 10 years and I receive $6000 a month in profit share.  This  won't stop when I die.

Keller Williams does not have 401K plan  because what the company has is way better.

Simply put, at the end of each month, the owners of the Market Center (that is what our franchise offices are called), gives approximately 48% of the profit back to the agents that helped bring more agents to grow the Market Center.

That money received is called Profit Share.  It is free money that is deposited into your bank account on the 21st of each month.  It comes from the owners and not from any commission of any other agent.

Keller Williams Realty is an amazing company to be a part of.  Our owners think of us as stakeholders in the company and treat us as that by "paying" us to help grow the business.

More information on how you can be a part of this amazing opportunity?

Contact me.




Pamela Madore
Keller Williams Realty
3955 S. Soncy
Amarillo, TX 79119
http://buildyourprofitshare.com
806-290-1920