The California Crash
| Course Format: | Recorded Live Event |
| Course CD's: | 9 CD's |
| Course Manual: | 407 Full Color Pages |
Price: $997.00
Course Overview
Thousands of dollars and countless hours have been spent creating this unique and thorough look at the inevitable crash of the California real estate market. Bruce Norris released this report in January of 2006 predicting why investors would see California foreclosures increase by 3,000% by 2010.
To be fully prepared to make the correct decisions in the coming years, you must be able to answer the following questions:
- What effect will the new bankruptcy law have on the number of properties foreclosed on by lenders?
- What effect will the new bankruptcy law have on a person’s ability to wipe out an IRS lien resulting from a short sale?
- What are the new tax law changes being discussed and what impact would they have on California prices?
- What is the financial stability of the recent buyers of houses?
- How often did they put nothing down?
- How often did they get adjustable mortgage payments?
- What does their monthly budget look like and can they afford the inevitable increase in monthly payment?
- Who insures California lenders against defaults and what happens if that insurance company goes broke?
- What happens when lenders take too many properties back and are forced to close their doors?
- What long-term effects take place on interest rates and inflation when you have price increases of oil and other commodities?
- What do national debt and foreign trade deficits have to do with the direction of interest rates?
- How stable are California builders?
- Do they make themselves personally liable for debt they borrow?
- What events lead up to builders declaring bankruptcy?
- Is there a safe way to protect my equity position without selling my houses?
- What is stagflation and could it be a reality between 2006-2010?
- What long-term effect do war and events like natural disasters have on costs of materials?
- What is the financial impact on the value of commercial real estate if cap rates go up and net income goes down?
If you are unsure of the answers to any of these questions, don't miss out on the unbelievable information. This is a must-have resource for investors, Realtors, builders, and mortgage professionals.
