| "This (Money Merge Account) system provides a way to increase equity payments and visualize the long-term consequences of budgeting decisions helping your clients pay off their mortgages on an accelerated schedule, with little life-style change. United First Financial is changing lives throughout the USA and restoring financial dignity." Mortgage Planner Magazine |
"The Obvious is Obviously Wrong"....Joe Granville I will never forget the night in 1978 when I went to San Francisco to hear Joe Granville, the great stock market technician, who had just returned from Detroit where the front page news read "Dodge plant closes for first time in history." Chrysler was on its last legs and the stock was trading at $3.00. I was with Paine Webber at the time and remember the auto analyst screaming "Sell Chrysler!..... It is over! The factories are antiquated and Chrysler is never going to come back." Joe Granville walks onto the stage and announces that Chrysler will be the number one gainer on the New York Stock Exchange in the next 12 months. He was absolutely correct, as it eventually traded north of $38.00 per share. Joe's saying that "the obvious is obviously wrong" is the contrarian's motto. It just ain't what you think you observe. And so, the concept of being able to accelerate your mortgage without increasing the monthly payment, on the surface, is obviously absurd. I didn't believe it at first either. I know, you are curious (which is one of the key ingredients to success) and you just can't believe how one can accelerate a mortgage without increasing the monthly payment. It took me a couple of pass throughs to get it, but I really got it after I ran a couple of client analysis and actually saw what the software was doing. I began to understand why tens of thousands of users of this system are achieving such success. IS THIS SYSTEM RIGHT FOR YOU? We all know that the increased equity that homeowner's enjoyed in the 2000-2006 time frame has declined substantially. Because the decline in home equity has been so huge in the last 2 years, I get very little call for this product. If you already have a HELOC, great, the software may work for you. Note: If you are tapped out on your existing HELOC (maybe even frozen by the bank) you can still utilize the software by establishing a seperate personal line of credit or by using your credit card. On the other hand, if you think you can do this on your own with the same mathematical efficiency, then this is not for you. But, if you would still like to learn more, read on A Simple, Efficient, Financial Plan To Get Out Of Debt. IBM was built on the premise of one word. That word was "THINK!" The great corporation, Hewlett Packard, was built on the question, "What If?" So I ask you to "think" about how much your life would change if you could accelerate your mortgage to be paid off in 1/3 to 1/2 the time. "What if" after you paid off the mortgage, you took the same payment and put it in the bank, at say 2-3%, for the balance of the time that would have normally been left on the mortgage? I call it a reversal of fortune. The miracle of compound interest being earned instead of being paid out is staggering. Or, "what if" you just wanted to spend the extra income from not making principle and interest payments for another 15 or so years on your mortgage? "What if" you could retire sooner? "What if" a product existed that can accomplish the above? Would it be worth an hour of your time to really check it out?. I mean, completely understand it. Those of us representing this product know that the premise of accelerating the payment period on your mortgage to 1/3 to 1/2 the time, without increasing the normal monthly payment, is simply hard to believe by prospective users. Most people are so set in their ways, and have such pre-concieved beliefs, that it is too difficult for them to conceptualize the math in their head. They have already determined that it simply is not possible, and they have a mental block that doesn't allow them to follow the process fully. Some react as if you are trying to get them to switch their faith. Folks, this is simple finance, not religion. I need to interject here a recent experience I had with this product. A client purchased this system some time back, and in the second month of adopting the system, National City froze their HELOC. I was able to replace the HELOC with one from U.S. Bank (one of the nations strongest banking institutions) without missing a beat. I do not think they would have been able to replace the HELOC if they were not utilizing the Money Merge System. WHY SO MUCH DEBATE AND CONTROVERSY OVER THE MONEY MERGE ACCOUNT? When I first started studying this system, I was amazed at the amount of noise surrounding this product and I think I have found a couple reasons why. The Money Merge System is the brainchild of a group of young men from Utah. The marketing plan for the product is multi level which immediately throws up memories of the countless number of multi level scams that originated out of... you guessed it, Utah. I will tell you, when I first discovered the origin of this company, I told myself, even if this thing works, the founders will rake in a bunch of dough for themselves and then blow the thing up and head for the hills. They did have a fairly long history in the mortgage business with no hickies, and did have a perfect Better Business Bureau record, so I decided to give it a chance as the concept was indeed compelling. To date, they seem to be growing the business responsibly and have earned the Ernst and Young Entrepuneurs Award for Utah last year. Additionally, the customer service is outstanding so they have invested capital back into the business to insure its reputation for standing behind the product. Secondly, the cost of the product is $3500.00 and you will see a zillion guys out there screaming it's not worth the money and you can do it yourself. Uh, huh, you bet. How many people sit down and say, "Honey, let's not spend any money on ourselves for the next 12 years so we can pay off the house early." How about none. And how many financial planners have come up with a software program for their clients that will give them a visual snapshot of their monthly budget and a plan to get out of debt in half the time, for only $3500.00? How about charging $10,000 and never matching the same results. Phooey to the critics on this one. Sour grapes. "When you quit learnin', you quit earnin." Relax, be inquisitive, be open to new developments in science and business. There are many who could greatly benefit from this program, but continue on and take the hard road because they will not take the time to study the math of this amazing system. Or, upon searching the internet for further information on the Money Merge Account, they will find a related link created by a financial guru who is never wrong about anything, blabbering about this product being a scam. The fact is, however, that most people do not have a definitive, practical, simple, CONSISTENT method of auditing their monthly expenses and CONSISTENTLY apply an additionaly payment to the first mortgage. Many, many, people just sort of look at what is coming in, and gradually increase their expenses and life style up to the point that there is a few hundred dollars left at the end of each month which is discretionary income. Most of us are not disciplined savers and hold fast to monthly budgets. It just doesn't happen. The Money Merge Account is first and foremost an incredible budgeting tool that causes you to look at the bottom line every month with an eye to increasing the disposable income that can thus be applied to the principle. And then, equally important, calculates exactly how much (to the penny) and when additional funds can efficiently be transferred to the first mortgage. It is an incredible financial planning tool. Case example: I have a client who has a very secure job and makes good money. Has an Interest only first mortgage and a HELOC that was nearly tapped to put in a swimming pool for the kids and additional landscaping. Not having a plan to payoff the interest only first, the client would at least pay something into the HELOC (depending on the monthly circumstances) but not EVERY month. He had never done a monthly budget but always guestimated what was coming in and going out every month leaving about $300 to $400 in checking every month. But how to pay off the interest only mortgage and the HELOC, no plan. After completing the Money Merge Account monthly expense worksheet, the customer had a clear view of exactly where all the money was going. This is the first time he had ever done this. With the worksheet done, we entered all of their financial data into the system and produced a print out that showed they could pay off the first and second at the same time in about 15 years instead of no plan to pay off an interest only mortgage in 28 years! More importantly, the customer now has a monthly view of where money is leaking out and an incentive to plug the leaks and pay off the mortgage faster. In sum, THEY HAVE A PLAN THEY DIDN'T HAVE BEFORE! Shame on me for charging a very reasonable fee for saving them a couple of hundred thousand dollars in interest. I have been around Wall Street for many decades. I learned long ago to take investment guru's with a grain of salt and do my own homework. We are all human and can not be right 100% of the time about every financial instrument under the sun. There is no doubt that there is a debate in financial circles by pundits putting down the product, but I ask, "where are the complaints from the people that are using the software"? hmmm, can't seem to find them either. How much needless interest are you going to pay in a life time? The Money Merge Account system pays the debt off quickly, and afterward, suggests you use the free cash flow to make an appropriate investment. Perhaps an income property where you can apply the software again and save huge amounts of interest and build new equity quickly? As with every new technological advancement, there are always the rock throwers (who are generally miffed that they didn't think of the idea themselves) screaming authoritatively about something they know absolutely nothing about. There is no doubt that these critics have not actually run a Money Merge analysis and studied the process through to its conclusions. And lastly, their final claim is, "you can do it on your own!" (but only if you first refi with me, of course!) With the Money Merge Account, you don't need to refi. You may if the current loan is so ugly you can't stand looking at it and the numbers clearly warrant a refi. But in most cases, no, you can pay down the existing loan much, much, faster without incurring the added expense of a refi. CRITICS JUST CAN'T BE RIGHT ALL OF THE TIME: DO YOUR OWN WORK. I discovered on the internet a link by a very well known mortgage authority calling this product a "fantasy'. When I say well known authority, I mean really well known. So I emailed him and told him I was getting involved with the product, and politely shared with him that I thought it was a bit too early to call it a fantasy. I postured that at this point there are tens of thousands of Money Merger Account users, and that it just may be too premature to cast judgment. With so many users now, could the actual results these people are realizing be a fantasy? Without a single complaint coming forth to date from any end user, it has to be true that the software is not only delivering as promised, but possibly even more so. If you did not see the Channel 3 Las Vegas Money News team report at the link on the front page of this web site, please do. This is priceless; instead of just reporting the personal testimony of a Money Merge Account user, three of the reporters decide to buy the software for their own homes. In the face of such a definitive statement as "folks this really works", the desperate, (lazy in my book) critics of the Money Merge system, refuse to admit to the efficacy of this system. Can you imagine how much this tv station would be sued for if the reporters had withheld some evidence that the system was fraudulent as some suppose ? Take a few minutes to view this important report and be sure to click the "back" button when finished to return here: http://www.moneymergeoffice.com/replicated/HootGibson For those of you who have decided to investigate further, be prepared to discover what may be the single most important answer to a major problem facing the real estate industry today, that being, home prices are currently declining (more so in some areas than others) at a greater rate than people can retire their mortgage. As you know, the traditional mortgage is front end loaded in favor of the lender. The majority of the interest in the first 20 years goes to the lender, and the borrower finally builds more equity in the last third of the loan. The only real solution to this problem is to reverse this condition, allowing for greater principal reduction on the front side of the loan and paying off the property faster; much faster. The United First Money Merge Account accomplishes this. The Money Merge Account delivers extraordinary results for a minor amount of money invested. The only real investment here is the 15-30 minutes a month the user needs to allot for the input of the financial data into the online check register. That's it. All the system wants to know is "what is coming in, and what is going out, and when." It doesn't want to know your social security number, account numbers, nothing other the amounts in the check recorder. The only way the user will not see the results given in the Money Merge Analysis is if they fail to faithfully input the data. Not a lot to ask for in the pursuit of saving hundreds of thousands of dollars, wouldn't you agree? Most homeowners realize they will pay about twice the purchase price of their home on a traditional mortgage—a mortgage that will take 30 years to pay off. Also, many homeowners refi after 5-7 years to pay off additional debt (including the Home Equity Line of Credit) and start the 30 year maturity period all over again. With the Money Merge Account software system, you do not need to refinance (unless the loan is just plain too ugly to keep!) Many people will use the refi to do a debt consolidation, but by using the Money Merge system, the borrower can pay off a variety of creditors that interest is being paid on, to maximize the optimization and increase disposable income as a result of the HELOC functioning as an interest cancellation account. This is truly an incredible benefit of using the software and we encourage every reader here to let us run a free analysis so you can see for yourself.
Introducing a way to break that cycle of financial drain—the Money Merge Account. Developed by a team of financial experts with years of experience in the mortgage industry, the Money Merge Account rapidly reduces the principal of your mortgage, helping to reduce the interest on your loan. Your 30-year mortgage can now be paid off in as little as 12 to 15 years, with little to no change to your lifestyle or refinancing of your existing mortgage.
The Money Merge Account is not a bi-weekly payment or debt roll-down system. It’s a powerful new approach that gives homeowners flexibility with their money and accelerated financial freedom. |
A side-by-side comparison of a traditional mortgage repayment shows the savings potential using the MMA system vs continuing to make standard mortgage payments. A 30-year, $136,058 mortgage at 5.25%, when paid through conventional monthly payments, will result in a 30-year total repayment of $270,474 – nearly twice the cost of the home. The MMA program can help repay the same mortgage in 11.3 years with a total repayment of $181,217. An incredible savings of $89,257 is realized on the same income, with the same mortgage, at the same interest rate, with little to no changes in your standard of living. MMA is simply one of the fastest ways to repay a mortgage and be on your way to financial freedom.
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The total cost of real estate just changed dramatically. In the above example of a relatively small mortgage of $136,058, the Money Merge Account realized a savings of $89,257, paying the mortgage off in 11.33 years instead of 30 years. Here in California, the average mortgage is easily two to three times this amount, with borrowers saving $250,000 or more in total interest charges. Because of this huge interest saving, the system becomes an incredible hedge against a declining value. Call me and I will email you a real life case example. The software requires an investment of $3500.00, which is borrowed from the HELOC, and is generally returned in the first 3-4 months from the savings being generated. Another way to look at this is; if the interest savings is $250,000, this amount is the cost for NOT using the software. And finally, what is the risk/reward ratio for investing $3500.00 with an expected savings/return of $250,000? 71:1. |