The Truth About Mortgage Assignments – Legal?

If you're reading this then you are probably already aware of this new program sweeping the nation know as Mortgage Assignment Profits System… Or just Mortgage Assignments and you're looking to find out the truth and if they are actually legal.
You've heard how it is an no risk, zero down investing strategy that actually takes full advantage of the current economic/real estate disaster that continues to plague us. Actually finding homes that are at or near underwater and selling them the huge new community of buyers who used to qualify for bank loans but can't..
Hence the line "selling unsellable homes to unsellable buyers"
Is it the Truth?
As a fairly new investor myself (started just two years ago), and along with my two partners we represent only a handful of people who have ever done a real life Mortgage Assignment deal,
There is no denying that this idea really does work and is the main tool I have used to build a success real estate investing business.
Truth is, sure there are other strategies out there, but the beauty of the Mortgage Assignment is it is just enough like older strategies, such as Sub To's, to have a lot of precedence and thus, completely legal. Yet, also focus on the new realities of our current economy and real estate world.
This strategy which my partners and I have been blessed to master, really does allow us to find money making investor deals that offer absolutely no risk to the investor with no money down.
In truth the true genius is whereas in the past, the investor would take over payments themselves, with this system this is not the case. The investor risks absolutely nothing because they acquire no "equity" in the transaction.
The truth about this strategy is not only are investors excited about the program, realtors are increasing seeing Mortgage Assignments Profits System as a way to subliming their income using the skill sets they already have…
Mortgage Assignments are the new legal "thing" that's working right now and if you having trouble making deals/or are just looking for more, than in truth, I definitely recommend you look into them.

Is Assignment Of Mortgage For Real?

Question: Is Phill Grove's Assignment Of Mortgage For Real?
This is a great question and 'would be' buyers have been flocking in droves to get more information on the question "Is Assignment of Mortgage for Real?
Given all the 'buzz' circulating in the real estate investing and realtor world that Phill Grove and his Assignment of Mortgage Payment System (AMPS) may actually be the answer to this economy.
Investors and realtors alike have been scouring the internet and looking for any piece of information they could find that may help them figure out if the "Assignment of Mortgage is for real?"
I myself have been a Phill Grove mentor student and was there when he first introduced AMPS and I can tell you Phill Grove was so excited about it. I'll be perfectly honest, I had my doubt about whether the "Assignment of Mortgage was for real?" question and was truly the key to multiple deals a month in this economy.
It seemed to me just like another 'sub-to' type" strategy. Boy was I wrong on the "Assignment of Mortgage For Rea? question?". Here's why.
"Is Assignment Of Mortgage for real?" point one:
Compared to what? Let's face it, it is damn near impossible to get a bank loan. Banks have restricted lending to the point that a good credit score and a six figure income doesn't guarantee you anything if you can't prove a really long W2 documented work history.
This seems innocent enough, but when thinking about is "Assignment of Mortgage For Real" it is for all intents and purposes a death knell for traditional investing.
Think about it. Yes, right now, there are a lot of really great investor deals out there meaning they are cheap buys. And with all the foreclosures we are hearing about on TV. it isn't rocket science to go out and get a whole bunch of short sales under here is the question that is key to understand is "Assignment of Mortgage For Real?"
Most homes have been traditionally bought with bank loans, not cash, so in regards to the is "Assignment of Mortgage for real?" you have to realize, this included short sale buyers, and homes that have been rehabbed.
No wonder then, it has become so difficult to make money on shorts sales, and rehabs, there just aren't many people to buy. The result is that most short sale becomes a foreclosure anyway, and the rehab deal just languishes on the market.
So for the "Is Assignment of Mortgage for real?" question, obviously, the other options aren't very bright.
"Is Assignment Of Mortgage For Real?" point 2:
The lesson from that is that the Real Estate market is driven by buyers. If there are a lot of buyers, then it is a hot market called a "sellers" market because the seller usually gets multiple offers.
If the buyers are scarce, then the market is cold, and houses languish on the MLS for long periods of time and housing prices drop. This is called a buyer's market because since they are scarce, they have more leverage and can get better deals.
In regards to the "Is Assignment of Mortgage For Real?" question, the point is that buyers drive it, and if you figure out where the buyers are or are going, you have figured out the market.
This is really the 'awesome sauce' of the "Is Assignment of Mortgage For Real?. With the banks, restricting lending, where did all these buyers, many of whom make great money, and are used to putting 5% to 20% down for a home go? Many of them went to alternative ways to buy a home.
They still want to own. The owner financed buyer pool has exploded, and that's when it comes to the question "Is Assignment Of Mortgage For Real? The buyers have spoken, and the answer is "Yes."

Find and Assign – Making Money in Real Estate With No Risk

Many people shy away from real estate because they think they need lots of money or credit to get started.
The fact is you don't need any money or credit to get started if you use the "find and assign" method.
What this involves is finding a motivated seller, negotiating a price to purchase the property, then, finding an investor to buy the property,.
The beauty of finding and assigning properties is YOU never take title to the property.Therefore you never have to worry about repair or holding costs associated with the property. You simply avoid the normal risks that an investor assumes when buying properties.
And you collect a nice finders fee or "assignment fee" for bringing a buyer and seller together.
So, where are these properties you may be asking?
Two great sources are abandoned or run down properties as well as homeowners in preforeclosure.
Many times homeowners live out of town while still trying to maintain a property. In many cases the property is simply too difficult to manage from a far and the owner is looking to get out of the mortgage. These are great finds and potential moneymakers.
Right now the preforeclosure market is flooded with homeowners with no chance of keeping their homes due to job loss, divorce or health issues.
Working with these homeowners before their house goes into full-blown foreclosure is a blessing in disguise for many a distressed homeowner. Many times homeowners in this stage simply don't know what to do so they do nothing. This is disastrous as they lose everything.
By using the find and assign method you are able to work a purchase agreement with the home owner that allows them to keep some of their equity, avoid foreclosure, and keep their credit from being destroyed. You simply find an investor that takes over your contract and you collect a nice assignment fee.
Getting started finding and assigning contracts is simple, you can learn it while you work a regular once you see how simple it is you may want to jump into it full time.

Your First REO Assignments – Accepting the Listing

Taking the first REO assignment is exciting and nerve racking experience. Not only is it a listing for you to sell but also an opportunity for you to make a lasting impression with that asset manager, securing future business. Handling it carefully and professionally is of utmost importance.
Here are a couple points to keep in mind.
Accepting the assignment will most likely be via a phone call with an asset manager or someone who does the property marketing. They'll ask if you would be interested in a particular assignment. Of course the answer is yes as long as it's in your area. Usually they will call with property in your area, if it's to far from you, meaning over a forty five minute drive you run the risk of not impressing your asset manager due to delays. Especially if you're not doing REO business only and are doing other day to day real estate activities. Plan carefully if you take on listings outside of your area. Bpo's are easy to take, out of area, for listings you'll be doing a lot more leg work.
Asset managers giving you your first REO assignment will have certain expectations and will be keeping a close eye on how you handle the responsibility. Most times they will expect you to have quick response to the task assigned, meaning 24 hours on most tasks they want you to complete. This will vary from one asset manager to another. Your responsibilities will also change from one property to another. Some may require cash for keys others evictions. Some property will just need to be secured because they were abandoned by the occupant. What ever the task, always strive to surpass their expectation. This is the best way to get more listings.
When you accept this first REO assignment you will get a fax or email with an authorization to verify the occupancy of the property and to re-key it if necessary. If you aren't well versed on scanning and emailing attachments get some practice. You will be doing a lot of it. Most of your communication will be via email with attachments or a management portal. , for example, is a commonly use platform.
Good Luck on that first listing and don't be late on anything.

Investing For Beginners – Best New Way To Make Money

It's all the rage, this brand new investing strategy that is changing the way "investing for beginners"investors think about making quick, risk free profits that perfectly take advantage of the new economy. It's called a mortgage assignment; pioneered by revolutionary "investing for beginners" guru Phill Grove with his Mortgage Assignment Profits System.
Let's face it, the rules have changed, the old days of flipping houses in ever increasing markets or getting bank loans to fund rental properties is over and new strategies must be developed especially for the "investing for beginners" camp, to take advantage of the new reality. Enter mortgage assignment.( a "investing for beginners" best friend)
"Investing for beginners" asks: What is it?
A mortgage assignment put simply is assigning the title of a home leaving the loan in place from a seller to a buyer. This works because of the new economy where millions of people who need to sell, cannot afford the closing costs and realtor commission traditionally associated with selling a home. At the same time, millions of formerly qualified for loan buyers like business owners, ITIN, and others can't get approved by a bank, but they still want to buy and are looking for creative options.
The mortgage assignment fits the bill as it is very attractive to this type of buyer because they have large down payments, tend to be a bit more sophisticated and demand certain protections like actually having the deed in their name.
Why it's best for new investors
1) Big profit potential.
These new buyers often have large down payments as much as 5% to 20% which goes straight into the "investing for beginners" investor's pocket, minus closing costs.
2) No Cost To The Investor
The way the contract works, it is simply an agreement between buyer and seller. You do not pay anything.
3) No Risk Investing for the "investing for beginners" investor.
Once again, the mortgage assignment is simply an agreement between the seller and buyer. No matter what happens, you are not responsible, even if the buyer at some point defaults.
4) Easy To Find
In this economy, homes with sellers that need to sell but have homes that are at or near being underwater are literally a dime a dozen. The reality is, there are going to be a flood of these for years to come, and there is more than the competition can handle. It's a buffet of deals
5) Easy To Sell
As explained above, the pool of creatively financed buyers has exploded to the point that these types of mortgage assignment homes actually often sell 5 to 10% above the traditional MLS ARV value.
Yes, mortgage assignment is for real and is definitely the new thing that is shaping the nation. If you are in the "investing for beginners" category and you want to get your feet wet making fast cash the risk free way, then the mortgage assignment is the best new strategy for you.

Expatriate Assignments – The 18 Mandatory Requests

ACTUAL CASE HISTORY: Dennis was considered a rising star in the field of financial management software. At 39, he'd risen steadily over the years, and now worked for the third largest financial management software distributor in the U.S. As his company's National Sales Manager, he had taken company sales higher and higher for four years straight. He'd also expanded sales into the area of financial management for non-profit organizations, a fast-growing niche. His future seemed very bright.
His company's sales in Europe, though, had lagged repeatedly. Despite several changes in their European sales leadership, sales volume continued to disappoint. When the company's CEO asked Dennis if he'd consider a two-year stay in Germany to rebuild the European software sales team from the ground up, Dennis was receptive. His wife was supportive, and since the kids were just 5 and 8, they seemed still young enough to be very adaptable. Dennis and his wife viewed the assignment as a great career opportunity, as well as a great family adventure. And that it was.
Four months later, Dennis, his wife and the kids had arrived in Dusseldorf, Germany, a charming yet vital city. They'd leased their home in Dallas for the two-years they were to be away. The kids were in an English-speaking school attended by other elementary-age sons and daughters of other expatriate parents. Their Dusseldorf house was leased for them, and even the household help were arranged by the company's local representatives. Dennis planned to revamp the European sales team from the bottom up, one by one, with local salespeople to be identified by local executive recruiters. Initial hiring efforts were promising.
Then came the truly unexpected: seven months into the new assignment, with little warning of any kind, the company was sold to a French conglomerate, with their own ideas about European software sales, and their own Director of Sales, too. Dennis was notified that his services were no longer needed, but that he would be given a fair and reasonable severance package. Dennis inquired about arrangements for his family's return to Dallas, including such things as return flights home, shipping the family's belongings, and finding his family a home in the Dallas area. He was assured that all of his concerns would be addressed.
The rest was, as we say, "not nice." Dennis was presented with a separation agreement that, he was told, had to be signed before he could find out what assistance he and his family would receive in returning home. When Dennis balked at signing it, his salary payments were halted. Then tuition payments stopped. Even their housekeeping services were withdrawn. The people who'd assured him he'd always be treated like "family" were, themselves now "divorced" from the company. HR representatives who he knew for years told him they were powerless to intervene. Dennis was now dealing with people at the new parent company he'd never worked with before. Unfortunately, he had nothing in writing that would give him a legal right to anything.
LESSON TO LEARN: An overseas, "expatriate" assignment can be a "feather in your cap," a step in the path toward being assigned greater responsibilities. But going "expat" involves a multitude of risks, and unusual ones at that. If there's ever a time to "fold your parachute first," it's before you "fly away" on an overseas assignment, taking your family, your household, and your career with you. While the vast number of expatriates who travel overseas come home with fair, reasonable and proper treatment, those who get into difficulties in this regard find themselves in some of the most difficult and harrowing circumstances you might imagine. Before you make the move to an overseas assignment, there are certain requests you must make, and certain written assurances you shouldn't leave home without. Whether your company has a comprehensive expatriate program or none whatsoever, before agreeing to take the overseas assignment offered to you, consider our "Expatriate's18 Mandatory Requests."
WHAT YOU CAN DO: These are the items we suggest our clients raise, and hopefully resolve in a written agreement of some kind, before agreeing to take an overseas assignment.
A. Finance and Career-Related

  1. Salary Differential: You may find that, while your present salary suffices to provide you and your family with a comfortable lifestyle stateside, that same salary wouldn't provide anywhere near that standard of living in, say, Singapore, Hong Kong or Tokyo. Your best bet is to speak with other American "expats" presently living in your country of assignment to get their view of the comparison, and necessary differential.
  2. Tax Equalization: How would you like to be hit with income tax bills based on your compensation from each of two different countries? That may happen unless someone with expert knowledge makes sure it doesn't, and will be there in case it does. Most companies provide "tax equalization," which means that they'll make sure that your after-tax income - no matter what - is equal to what it would have been if you'd stayed stateside. These are very tricky calculations, made only by very few accountants with special knowledge and expertise in this field, who need to be familiar with the laws of many countries. Only three or so large firms do this kind of work. It's doubtful your own personal accountant can help you here. Remember that for the calendar year 2006, for example, you may need this specialized assistance - at the company's expense, hopefully - for a tax audit in 2010.
  3. Minimum Term and/or Notice: Knowing that you will be employed for at least a minimum period of time, and/or knowing that you will have at least a certain amount of notice before termination, are two important "risk-limiters" we always seek. Nowhere are they more important than in expatriate assignments. Whether it's until the end of your children's semester at private school, or the time you think it might take to find a new position - from 5,000 miles away - you should seek these.
  4. Currency Swing Risk: Do your remember the Russian bond default of 1998, or the Asian currency crisis of 1997? They each wreaked havoc in currency markets around the globe. If such things do happen again - and you can depend on that happening, sooner or later - who is more capable of absorbing the risk of your salary becoming insufficient to pay your bills in another country: your family or your employer? This substantial risk should be addressed before you venture overseas.
  5. A Job When You Return: This is one of the most difficult requests to make, and to get written assurances about, but nonetheless the largest risk you face in taking an overseas assignment. Once you're "out of sight," you tend to become "out of mind," and at times available positions become few and far between. Will a position be found for you, no matter what? That's the question.
    B. Travel and Moving Related
  6. Flights, etc.: Necessary flights you may need include (a) for initial house hunting, (b) your actual relocation, (c) flights home 2 or 3 times a year for holidays and the like, (d) flights home for family and medical emergencies, (d) flights home for reverse house hunting, and (e) for your return, preferably to the U.S. city of your choice (as your next job may be in a different city than you came from.) Your flight-rights will need to cover your immediate family, at the least. For those with kids in college, you may need to arrange special trips for them to come to visit you. Will you fly first class or red-eye in coach? Will you be provided tickets, or reimbursement one year later?
  7. Shipping and Storage of Household Goods: Beware of limits to be placed upon the extent of your moving household goods. Expect that you won't be provided any assistance for storage, unless you ask. Consider seriously requesting either a greater allotment for shipping, an allotment for storage, or simply a budget for purchasing new household goods in your country of assignment.
  8. Home Sale Expense and Loss Protection: It is not unusual at all for an employer to cover the home-sale costs and potential losses an employee may suffer in taking an overseas assignment. These commonly include realtor fees, legal costs, and local transfer taxes. For senior executives, in particular, these may include the increased price of buying an equivalent home after repatriation.
  9. Emergency Leave Policy: Over the course of a year or two, you can expect emergencies of one type or another to arise that require that you travel to your home. These may include family illnesses, deaths of friends or loved ones, even lawsuits. Some companies cover the cost of travel in these circumstances, some subsidize such travel, and some don't help at all. Don't be shy about asking about your company's policy, if any, and don't be shy, again, if it is not to your liking.
    C. Local Life and Housing Related
  10. Housing Allowance: It's uncommon for a temporarily-assigned executive to purchase a home during a relatively short-term assignment. Some companies own homes they provide to "expat" executives, but most expect their executives to find and rent their own housing. Especially for a family with children, this often proves prohibitive. In addition to outright salary differential, a specified housing allowance is preferable, and should be requested.
  11. Tuition Allowance: Those with school-age children need to make arrangements for local schooling. Most cities of significant size have English-speaking private schools for expatriate children. In smaller cities, private tutoring may be the only education alternative. Both of these alternatives will require sufficient tuition allowance.
  12. Local Club Memberships: In locales where the local culture is very different than your own, or security is a grave concern, it's not uncommon to see social clubs set up for the international expatriate community. One good example is Saudi Arabia, where socializing in "public" is really not feasible. The social clubs are often quite expensive; their dues should either be paid for you, or at the least subsidized.
  13. Local Critical Care and Support: If a problem of a critical nature arises, will your company provide you with (a) local legal help, (b) local medical help, (c) emergency flight for distant medical help, (d) private security if appropriate, (e) evacuation in tense political, weather or earthquake situations? We often forget how fortunate we are in the U.S., and how those in other countries have daily concerns like these.
    D. Legal and Technical Matters
  14. Immigration Matters: When crossing borders, visas, work permits and the like can be maddening. In some countries, under certain visas you cannot remain in the country more than 24 hours after you've lost your job. Will the company provide you with immigration attorneys BOTH when you leave and when you come home? Will they reimburse you for your own immigration expense? Don't ever expect sympathy or flexibility from border guards, or immigration officials.
  15. Identity of Employer: This issue usually surprises people, because it is just so unanticipated. Many companies operate overseas through local subsidiaries for tax, regulatory and legal reasons. To accomplish this, expatriated executives are sometimes "assigned" or "seconded" to the local subsidiary, who employs them. This can have profound consequences to the executive, including the loss of protection of U.S. laws, the cessation of stock and stock option vesting, and removal from the parent company's other benefit plans (such as long term disability, pension, and bonus.)
  16. Continuing Obligations: In our efforts to limit risks, we request that the matters noted in this memo be raised with employers sending employees on overseas assignments. Certain of the obligations that we ask employers to assume are different than the others, in that they need to expressly continue past any possible employment termination. This is so because after employment ends, unless it is agreed otherwise, all obligations from employer to employee, and vice versa, cease; there's no implied agreement to continue providing services or fulfilling obligations. As just two examples, (a) if your employment is terminated by your employer, will your employer pay for the accountants to prepare your "equalized" tax returns in the following year?, and (b) if your employment is terminated by your employer, will your employer pay for the costs of breaking a local apartment lease? The items in this list that, more than others, need to expressly survive employment termination are 2, 6, 7, 8, 10, 11, 12, 14, 15 and 17.
  17. Binding on Successors and Assigns: In most every commercial agreement, the parties provide that the obligations are binding on the parties' successors and/or assigns. That means that, if a company buys your employer, or even its assets, then the purchasing company is responsible for the obligations of the purchased company. In these days of mergers and acquisitions, this is a very important risk limiter for expats.
  18. MUST be (a) In Writing and (b) Authorized: No matter what you may be told by HR, your supervisor or the company's legal staff, verbal assurances on these matters are simply insufficient to protect you and your family. The same goes for "It's company policy," because "company policy" may change while you're living in Bangladesh. If it's clearly not a problem now, it needs to be clearly not a problem later, and the only way to make sure it's clearly not a problem later is to have it in writing. Additionally, the person who signs any agreement to cover expatriate risks needs, too, to represent that he or she is authorized to do so. [As an aside, be extra careful if you're not married, but in a domestic partnership; special wordings will need to be made in this event.]
    There are many rewards to taking on, experiencing and fulfilling overseas assignments. But in every transaction, there's something more than "rewards" that we need to focus on: "risks." In our employment negotiations, a critical part of our efforts is always devoted to "risk limitation." Those considering expatriate assignments must pay special attention to risk limitation, and this is how they need to do that.
    These are not all of the risks faced by expatriate executives, but they are the primary ones that we've seen cause our clients the most serious problems. Every person, every assignment, every company and every transition has unique problems. You should try to customize your solutions to the particular concerns you have about your particular circumstances.
    A note about our Actual Case Histories: In order to preserve client confidences, and protect client identities, we alter certain facts, including the name, age, gender, position, date, geographical location, and industry of our clients. The essential facts, the point illustrated and the lesson to be learned, remain actual.

Are You an “Old School” Real Estate Investor, Yet?

This morning, I heard the reporters say the government is now considering increasing the minimum down payment to a whopping twenty percent (for real estate purchases). This is for the average home buyer, not just for people wanting to purchase investment properties.
It does not take a rocket scientist to surmise that if this notion passes, it will most likely have a large negative effect on the number of home buyers that can come up with the large down payment and qualify for the increasingly stringent lending criteria.
Is twenty percent down good or bad for the modern real estate investor?
When I first started investing, our massive real estate bubble had not happened yet, and foreclosures were not everywhere. At that time, the typical real estate investor was doing deals that were coined alternative real estate financing. In a nutshell, alternative real estate financing means the real estate investor comes up with ways to either keep the financing intact or to work with the seller (or other private money source) to derive new financing, in order to do the deal. Traditional bank involvement was not necessary.
I'll call this approach the "old school" style of investing. It really centered around the investor's skills to negotiate with the seller (and perhaps new buyer) and to be able to see a profitable transaction where others could not.
In a surprising way, the skills involved to do these deals are probably more advanced than, say the skills to wholesale a bank owned property.
For the savvy investor, it seems that if the government wants to make the lending criteria even more rigid (than today) this will most likely open up more deals for real estate investors. And here's why:
One, the desire to own a home does not diminish even though lending criteria gets more stringent.
Two, there are plenty of potential homebuyers, who have been crushed by unemployment and would want to purchase a property after their financial picture improves.
Three, there are plenty of potential home buyers who are self-employed that find even the current lending criteria almost impossible to get loans.
Four, there are also plenty of homebuyers that have lost their property to foreclosure that would be looking to purchase another property. And with their damaged credit, they would be almost certainly denied typical mortgage loans.
So for the savvy real estate investor, I say let's consider adding the old school style of investing to our current techniques. Life can be a lot easier if you only have to work with sellers and buyers. Note however, that the savvy investor must know how to calculate appropriate offers with these old-school techniques. Major pitfalls can happen if all the transactional details are not appropriately accounted for.
After years of doing these equations by hand, my partner and I have developed a software program that gives us an unfair advantage when computing offers and making deals. We can actually iterate all of the variables, including interest rate, loan terms, rental repair cost, vacancy factors, monthly rent, desired cash flow, and first year pretax cash-on-cash return, while we are on a call with the seller (and so can you).

Phil Grove – Assignment Of Mortgage, A Student’s Perspective

Phil Grove and his Assignment of Mortgage Payments System or AMPS has been all the rage in the investing community promising to deliver a relatively low-cost, easy to implement investor strategy that provides a solution to the problem of all the "sellers" who are stuck in their homes with no equity and can't get out.
Since many people nationally are now interested in this system, they are definitely scouring the web, and calling anyone they can trying to find an honest to goodness perspective from a Phil Grove, Assignment of Mortgage Program, student.
I happen to be one of these students and from my personal experience, let me say that there are few things that I can say about Phil Grove as an AMPS teacher that would be of interest to anyone looking to get to the land of profitable deals.
I've seen a lot of courses and read loads of real estate investing books but none of them are even close to as thorough as Phil Grove in his Assignment of Mortgage training. Phil has a knack for explaining ideas in a way that is understandable, while also highlighting what is truly essential so you can get to deals as quickly as possible.
Also, in rating Phil Grove as an Assignment of Mortgage teacher, I have to say you have no doubt that this is a guy who got this knowledge "in the street," finding deals the old-fashioned way. He is totally not afraid to get dirty and I have seen him go on site multiple times to evaluate potential deals.
The longer I listened to the "other gurus", I got the impression that most of these so-called "experts" really hadn't done that much investing themselves, and made most their money selling coaching.
I can tell you, when you talk with Phil, it seems like he has an answer to everything. I have grilled him at times with questions and he always has the answers. It is not surprising Phil Grove's Assignment of Mortgage Program is a creative solution to the huge losses of this economy that, with the AMPS system, turns it into a huge opportunity.
Thus, from a student's perspective, I have found Phil to be very through, and knowledgeable about getting deals. Phil Grove and his Assignment of Mortgage training has certainly been useful to myself and my team in finding owner finance deals in this economy.

What Is the Difference Between an Essay, a Dissertation and a Thesis?

These three assignment types; essays, dissertations and theses are all important to students because at some point in the life of a student, there will be the request to complete at least one of the assignment types listed above!
Essays, dissertations and theses are all types of academic documents, produced by scholars and students and based on a specific question, subject matter or dilemma. They are used by colleges, schools, sixth forms and Universities as a means of determining how well a student is performing in a certain subject area and how well they have grasped crucial knowledge about a particular subject. And yet essays, dissertations and theses' are also often used to see how well a student is able to respond to specific questions on a particular subject matter and how well developed their skills are in terms of actually writing essays.
So what exactly is an essay? What is a dissertation? And what is a thesis?
The online dictionary defines an essay as; '(a) a short literary composition on a literary subject, usually presenting the personal view of the author, (b) something resembling such a composition.'
The online dictionary goes on to define a dissertation as; 'a treatise advancing a new point of view resulting from research, usually a requirement for an advanced academic degree.'
And finally a thesis shares the same definition as a dissertation on the online dictionary website, with one crucial difference; a thesis is usually longer than a dissertation.
So ultimately an essay, a dissertation and a thesis all share many traits:

  • They are all literary compositions; that is to say that they are written documents or pieces of text.
  • They all reflect in some way the author's point of view.
  • They are all based on some form of research.
  • They are all discussing some form of topic or subject matter.
  • They can all be used as a means of academic testing.
    However, there are differences between these three academic assignment types, and when you are completing either an essay, a dissertation or a thesis it is important to know what it is that defines the document as either one of these forms or assignment types so that you can ensure that you approach the completion of the document correctly.
    Some of the main differences separating out these three document types are:
  • Essays are generally shorter than dissertations and theses.
  • Essays are usually used to explore an argument or to provide more information on a particular subject. Thus you'll find that most essay questions start with 'who, what, where, how or why'. They are looking for a conclusion to be drawn by the author, following an assessment of research that is already available.
  • Dissertations are usually looking for the author to find new evidence to draw a conclusion about a specific subject matter, as the definition states, to 'advance a new point of view'. This means that dissertations are looking to add to the research pool on a specific subject, not simply discuss research that is already available.
  • Theses usually hold the same aims and goals as dissertations, but the level of exploration and investigation into a particular subject matter is greater, and so the length of a thesis is generally longer than that of a dissertation.

Mortgage Assignment – Three Keys For Profit Success

The Mortgage Assignment is the all new, no risk strategy invented by the Guru of Guru's Investor Phill Grove. It promotes a no risk; no money down investment strategy that essentially allows the seller of home to sell his house while the existing bank loan stays in place, enabling a buyer to buy a home without getting their own financing.
To take advantage of this system there are three key things that the real estate investor must master.
M.A. Key 1
Finding the deal:
In today's market, there are millions of home that have little, to no, or even negative equity. For various reasons, the owners of these homes want or need to sell. Traditionally, Realtor/closing costs have been paid out of the equity in the home, but if you don't' have any equity then it has to come out of pocket.
This means a $5,000 to $30,000 bill.
Most sellers can't afford that.
Mortgage Assignment style marketing basically targets this particular type of motivated seller. You must master this to get the deal
M.A. Key 2
Finding a buyer:
Since the banks have become very strict on lending for homes. The number of buyers looking Mortgage Assignment style financing has exploded.
That means that Mortgage Assignment type homes have become magnetic. I myself have generated 15 to 30 calls a day on these homes (using proper marketing).
You must master this if you going to find a buyer for the home and make the big bucks off the down payment
M.A. Key 3
Doing the contract:
Doing the contract is essential to making a no risk deal that protects you, the seller and buyer. The Mortgage Assignment Profits System does this and you will have get this handled to start making risk free money.
At the same, if you don't' get this handled, you, the buyers and seller are all at risk. So you must be careful, the investor in this situation has an obligation to protect everyone in a win/win scenario so everybody comes out on top.
As you see, there is a lot of opportunity out there with a mortgage assignment profits system in place. Get the three keys above handled and you will be rocking and rolling the real estate investing world.