The Mortgage
Money Letter
"Wit and Wisdom From The Mortgage World"
W.R. Smith Financial Services
Commercial Real Estate Financing
 
Monday March 17th, 2008
 
ENOUGH WITH THE DOOM AND GLOOM!
 
I know it's tough out there and our economy is going through a very difficult time, but if you watch too much TV you won't want to get out of bed! The media and the "talking heads" tend to thrive on bad economic news and that's all we're hearing lately. Personally, I am trying to limit my exposure to the negative reporting and the "naysayers", thinking innovatively, remaining focused on that which I can control, and making the best out of the present market conditions. It requires thinking "outside the box", and looking for opportunities amongst the mayhem. So this week, I am trying to inject some positive thinking and attitude adjustment into your day. I hope you find it refreshing.
 
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Positive Thinking Your Key to Success
by Remez Sasson

Positive thinking brings inner peace, success, improved relationships, better health, happiness and satisfaction. It also helps the daily affairs of life move more smoothly, and makes life look bright and promising.

Positive thinking is contagious. People around you pick your mental moods and are affected accordingly. Think about happiness, good health and success, and you will cause people to like you and desire to help you, because they enjoy the vibrations that a positive mind emits.

In order to make positive thinking yield results, you need to develop a positive attitude toward life, expect a successful outcome of whatever you do, but also take any necessary actions to ensure your success.

Effective positive thinking that brings results is much more than just repeating a few positive words, or telling yourself that everything is going to be all right. It has to be your predominant mental attitude. It is not enough to think positively for a few moments, and then letting fears and lack of belief enter your mind. Some effort and inner work are necessary.
Are you willing to make a real inner change?
Are you willing to change the way you think?
Are you willing to develop a mental power that can positively affect you, your environment and the people around you?

Here are a few actions and tips to help you develop the power of positive thinking:

Always use only positive words while thinking and while talking. Use words such as, 'I can', 'I am able', 'it is possible', 'it can be done', etc.

Allow into your awareness only feelings of happiness, strength and success.

Try to disregard and ignore negative thoughts. Refuse to think such thoughts, and substitute them with constructive happy thoughts.

In your conversation use words that evoke feelings and mental images of strength, happiness and success.

Before starting with any plan or action, visualize clearly in your mind its successful outcome. If you visualize with concentration and faith, you will be amazed at the results.

Read at least one page of inspiring book every day.

Watch movies that make you feel happy.

Minimize the time you listen to the news and read the papers.

Associate yourself with people who think positively.

Always sit and walk with your back straight. This will strengthen your confidence and inner strength.

Walk, swim or engage in some other physical activity. This helps to develop a more positive attitude.
 
A few quotes from the "Father of Positive Thinking" Dr. Norman Vincent Peale

Think positive and expect only favorable results and situations, even if your current circumstances are not as you wish them to be. In time, your mental attitude will affect your life and circumstances and change them accordingly.Action is a great restorer and builder of confidence. Inaction is not only the result, but the cause, of fear. Perhaps the action you take will be successful; perhaps different action or adjustments will have to follow. But any action is better than no action at all.


Any fact facing us is not as important as our attitude toward it, for that determines our success or failure. The way you think about a fact may defeat you before you ever do anything about it. You are overcome by the fact because you think you are.

Be interesting, be enthusiastic... and don't talk too much.


Change your thoughts and you change your world. Dr. Peale

Don't take tomorrow to bed with you.


Drop the idea that you are Atlas carrying the world on your shoulders. The world would go on even without you. Don't take yourself so seriously. 


Empty pockets never held anyone back. Only empty heads and empty hearts can do that. 


Every problem has in it the seeds of its own solution. If you don't have any problems, you don't get any seeds. 


Formulate and stamp indelibly on your mind a mental picture of yourself as succeeding. Hold this picture tenaciously. Never permit it to fade. Your mind will seek to develop the picture... Do not build up obstacles in your imagination. 


If you have zest and enthusiasm you attract zest and enthusiasm. Life does give back in kind.

If you put off everything till you're sure of it, you'll never get anything done.
 
Imagination is the true magic carpet.

 
It's always too early to quit.


Part of the happiness of life consists not in fighting battles, but in avoiding them. A masterly retreat is in itself a victory. 


The more you lose yourself in something bigger than yourself, the more energy you will have.
 
The trouble with most of us is that we would rather be ruined by praise than saved by criticism.
 

We tend to get what we expect. 

We've all heard that we have to learn from our mistakes, but I think it's more important to learn from successes. If you learn only from your mistakes, you are inclined to learn only errors.
IMPORTANT NOTICE!
COMMERCIAL REAL ESTATE

  OWNERS/BROKERS

BUSINESS OWNERS
 WE ARE LENDING!
If you or your clients own Commercial Real Estate
in 
DE, MD, PA,VA ,
 we are actively lending on all types of commercial properties.
We will consider all property types, unusual circumstances, workouts, credit histories, and low documentation loans. Equity participation and joint ventures will be considered incertain circumstances.

 We also purchase performing and nonperforming mortgages

WE ARE BUYING!
We are currently seeking Commercial Real Estate in DE, MD, VA, Strip Shopping Centers, Commercial Buildings,  Apartment Buildings, Raw Land, Farmland, Approved Development Tracts, Stalled Projects, virtually any property type will be considered.
Distressed Properties and Problem Projects Preferred
 
Please feel free to contact me @ 703.801.3138 or via email,
 
Visit our website to see recently closed loan and client testimonials.
 This is not a commitment to lend. All loans and acquisitions subject to due diligence review and approval of investors.
QUOTE du JOUR - Will Rogers
Date of Birth 4 November 1879
Date of Death: 15 August 1935
Birth Name: William Penn Adair Roger

World-famous, widely popular American humorist of the vaudeville stage and of silent and sound films, Will Rogers graduated from military school, but his first real job was in the livestock business in Argentina, of all places. He transported pack animals across the South Atlantic from Buenos Aires to South Africa for use in the Boer War (1899-1902). He stayed in Johannesburg for a short while, appearing there in Wild West shows where he drew upon his expertise with horse and lasso. Returning to America, he brought his talents to vaudeville and by 1917 was a Ziegfeld Follies star. Over the years he gradually blended into his act his unique style of topical, iconoclastic humor, in which he speared the efforts of the powerful to trample the rights of the common man, while twirling his lariat and perhaps chewing on a blade of straw. Although appearing in many silents, he reached his motion-picture zenith with the arrival of sound. Now mass audiences could hear his rural twang as he delivered his homespun philosophy on behalf of Everyman. The appeal and weight of his words carried such weight with the average citizen that he was even nominated for governor of Oklahoma (which he declined).Died in the Arctic crash of a plane piloted by the world-renowned, one-eyed pioneer aviator, Wiley Post (in which Post died as well).In 1922, his weekly articles for the "New York Times" became so popular that they appeared in more than 500 U.S. newspapers daily. The articles dished out down-to-earth, biting criticism of politics, politicians, big business, and the imbalance of the wealthy and the poor. Total, Rogers wrote more than 2,800 daily articles up until his death. H.L. Mencken labeled him "the most dangerous man alive" because of the power his comments had on an adoring public.

A man only learns in two ways, one by reading, and the other by association with smarter people.
 
Advertising is the art of convincing people to spend money they don't have for something they don't need.
 
All I know is just what I read in the papers, and that's an alibi for my ignorance.

An economist's guess is liable to be as good as anybody else's.
 
An ignorant person is one who doesn't know what you have just found out.
 

An onion can make people cry but there's never been a vegetable that can make people laugh.

Be thankful we're not getting all the government we're paying for. 

Buy land. They ain't making any more of the stuff. 
Chaotic action is preferable to orderly inaction.
 

Diplomacy is the art of saying "Nice doggie" until you can find a rock. 

Do the best you can, and don't take life too serious. 

Everything is changing. People are taking their comedians seriously and the politicians as a joke. 

I have a scheme for stopping war. It's this - no nation is allowed to enter a war till they have paid for the last one. 

I never expected to see the day when girls would get sunburned in the places they now do. 

If you want to be successful, it's just this simple. Know what you are doing. Love what you are doing. And believe in what you are doing.
Last year we said, 'Things can't go on like this', and they didn't, they got worse. 

There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves. 

You've got to go out on a limb sometimes because that's where the fruit is.
 
Q:
  What have we learned as a result of the "residential mortgage crisis"?
 
A:  NEVER trust your refinance or purchase transaction to anyone but  a professional mortgage planner! cockpit
 
Today, more than ever, you need a knowledgable mortgage planner to help assess your options.
 
Myla Gomez with Mortgage Network Solutions, has been underwriting  residential mortgage loans for over ten years.   Her experience and knowledge of the mortgage products in todays every changing market is an invaluable tool to you as a borrower, searching for the most favorable terms for your mortgage loan. If you need assistance in refinancing your home or purchasing a new one, Myla can be a valuable asset in planning your financing needs. Please feel free to give her a call take advantage of the record low rates that are available today ! 
Myla Gomez 571-334-7697   DE,MD,VA,PA
www.wrsfs.com
Lots of information on commercial real estate financing,  forms related to loan applications, FAQs, and lots more.
 
www.greenturtleclub.com - where we all wish we were!
 
 
www.mortgage-x.com - a terrific site and outstanding  source for financial related statistical information.
cockpitUntil next week, I appreciate having all of you as friends and clients and hope this letter finds everything well with you and your families.
 
Thank you for all your referrals, they are greatly appreciated!
 
Best Regards.
 
Ralph
 
rsmith@wrsfs.com   703.801.3138 office   866.861.0908 fax
 
 
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