John West

KEEP YOUR HOME

All the power of the federal government now is aimed at making the mortgage market work better.

This will allow people to buy houses and potentially lift the value of your home in the coming years. Meanwhile, however, you have to weather the storm. That means keeping up with your mortgage payments. The longer you hang in there, the more likely it is that the banking industry will come to your aid.

I am sure you have heard of Countrywide, one of the largest mortgage lenders. They will be making available more than $8 billion to modify risky mortgages.

If you have already missed a payment or two, you may be eligible for Hope for Homeowners, a new government program that aims to prevent foreclosures by letting you swap your mortgage for a more affordable, fixed-rate loan. If you are interested in learning more, please contact my office at (208) 321-4161, or visit us at idahorealestatemortgage.com to learn more.

A while ago I heard a great phase that changed my mindset.

“If it’s to be, it’s up to me.”

With all the excuses people have, me included, repeating these words has helped me to understand that we are masters of our own destiny. Not the current market or the government, or anything else. This week, if anything is to be…… it will be up to you and me. Make it a great week.

Your committed business partner,

John J. West
Mortgage Consultant

When was the last time you failed?

How bad did you fail?

Was it this bad?

-1832 Failed in business - bankruptcy
-1832 Defeated for legislature
-1834 Failed in business - bankruptcy
-1835 Fiancée died
-1836 Nervous breakdown
-1838 Defeated in election
-1843 Defeated for U.S. Congress
-1848 Defeated for U.S. Congress
-1855 Defeated for U.S. Senate
-1856 Defeated for Vice President
-1858 Defeated for U.S. Senate

If you stopped there, you would have missed the final point:

-1860 Elected President of the United States of America - Abraham Lincoln

If there is anything that history bears out, it is that failure almost always precedes success. One of the secrets to great success is to change your perspective on failure. Failure is progress. It's all about failing forward. I hope your week is full of failures in the right direction.

Success Leaves Clues

In my reading this weekend, I read something I think is very beneficial to our career and ultimately our success. I read it from Gary Keller's book, The Millionaire Real Estate Agent. Even though I am not a realtor, Gary has a lot to share about systems that work. Here's what I read;

Modeling - The Cornerstone of Success

In 1987 our young company was faced with a collapsed economy. Up until that point we had been successful on certain levels, but there were now some big challenges that were holding us back. In the end, I found that I did not have all the answers. In my opinion, our growth till then had been sustained through sheer hard work. Then the market turned sour, and we were faced with a new and very real ceiling of achievement. That was the year I read Unlimited Power by Anthony Robbins. He said, "People have lived before you and have struggled through all the issues you're facing now and found successful ways to win." Epiphany! A light bulb went off in my head, and I had an "aha." I then slowed down just long enough to find out what successful people in my industry were doing and realized that that were following a proven model for success that had been already tested. The key to keep any business on the track for success regardless of the market was following a proven business model.

We have all heard the phrase, "Success leaves clues." It does. When the economy slows and fear sets in, following a proven daily, weekly, and monthly plan for success will keep you focused and on track and help you to push right though the slower times.

If you would like any resources to help put your business on track, please let me know and I can send them to you.

Your committed business partner,

John West

thejwlendingteam.com

We would love to hear what you are using to be successful in a down market.

You've heard the joke about hard times. When your friends are unemployed, its a recession. When you are unemployed, it's a depression. Well, don't believe it.

People get stuck in their beliefs about the economy. If we worry that there's inflation or deflation, our attitude will cause us to have difficulty because of recession or inflation. No matter how tough things get, you just can't let them get to you. You've got to program yourself to keep expecting and generating boom times. If you keep a boom times attitude, you'll soon be booming! Our minds and our imaginations can help us to ride out, to rise above and even prosper in times of both recession and inflation.

In business, the standard procedure is to tighten the belt during lean periods in this economy. I have found this to be not so in highly success companies. I read that Bill Marriott expanded his hotel chain while others were pulling back. He virtually doubled the size of his company during that period. His philosophy was that while everyone else was laying off, he would hire, at lower salaries, superior people would be grateful to receive work.

So hard times are nothing more than a state of mind. Change your state of mind and you can change the quality of your life, no matter what happens to the economy.

My team and I will hold to this philosophy and would love to help you and your client's needs. Can we help you will any clients at this time?

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