Help for Filipino youth

Helping the children and people of the Philippines is a passion for TenPercentDown Founder and President Chuck Salisbury.

His Salisbury Foundation is aimed at helping disadvantaged youth receive food, clothing, shelter, medical help and education.

"Today, I ask for your immediate help for a few safety and personal needs for a few of my students," Salisbury said. "I can't afford to delay their needs any further.

"I hope that you can provide the few dollars needed to keep them safe."

Salisbury continues...

"Juvy Segovia is a student in Davao, Philippines that also has a serious health issue. Juvy has liver stones which is not serious here but is life threatening in the Philippines because people can’t afford medical care or medicine. The medicine cost is only $50 a week and she has to take it another two weeks minimum. Without medicine she will die. I know that from personal experience because I lost one young student earlier this year in Manila because I didn't take this problem seriously. When your liver shuts down your blood becomes dirty and it is a painful death. So, can you help her with this immediate need.

Charry Mae Dunaluaron is now 18 and was a student living with her sister, but had to leave that home for personal safety reasons. She contacted me by email and told me that she was now on the street, so I provided her money to get a room in a boarding house and some food. She wants to start a business to sell food to local workers and make enough to live. The cost to start that business is about $200. Hopefully, she can find time to go back to school.

Jessibel Dablio is also one of my students who was kicked out of her family home and lives on the street now. Living on the streets is very dangerous. I sent a little money for food but she also needs a room in a boarding house. A room is about $50 a month, but I need to send her enough for a bus ticket to join Charry Mae so they can be together and build a small food business together.

May Ritual is a senior in q Manila high school. She lives with her mother, 2-years-old sister, and 6-years-old brother. The brother has asthma and has trouble breathing often. The mother has no work so I have been helping the family. Any amount for money to buy food would be a blessing to this wonderful family.

The need is so great and the people of the Philippines are our friends for many years. Thank you for reading my appeal and I hope you will pray about this."

To find out how you can help these youth directly and get involved with the Salisbury Foundation, e-mail Chuck(@)TenPercentDown.com.

TenPercentDown on Twitter

Twitter has been described as many things...from a tool for mindless banter to part of a social network bridge out of the current recession. Either way, Twitter is here to stay and so is TenPercentDown.com.

If you are not on Twitter yet, you may want to start right now...and "follow" TenPercentDown. We promise to "follow" you as well!

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This from Wikipedia:

Twitter is a free social networking and micro-blogging service that enables its users to send and read each others' updates, known as tweets. Tweets are text-based posts of up to 140 characters, displayed on the author's profile page and delivered to other users - known as followers - who have subscribed to them. Senders can restrict delivery to those in their circle of friends or, by default, allow open access. Users can send and receive tweets via the Twitter website, Short Message Service (SMS) or external applications. The service is free over the Internet, but using SMS may incur phone service provider fees.

TenPercentDown is dedicated to all who seek to invest their hard earned money and savings, and avoid the enormous potential for loss associated with typical investment choices.

The Incredible Investment Group On Facebook

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We talk about all-things real estate...and doing it the right way! Real estate is still the No. 1 investment in America!

The most successful investment in the U.S. is not stocks, bonds, mutual funds, commodities, annuities, or any related products. The best investment is real estate.

The author of "The Incredible Investment Book," Chuck Salisbury will answer any real estate questions here. We welcome your input, too!

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Reverse mortgages...there's a better way

Many senior citizens are using reverse mortgages to supplement social security, meet unexpected medical expenses, make home improvements, and more.

Your home is probably your largest single investment, so it is smart to know more about reverse mortgages and decide if one is right for you. I believe it's important to present my conclusion about this government-created program. I've concluded that a reverse mortgage is, for some seniors, the last desperate step before insolvency and that there is a better and safer method to accomplishing an increase in monthly income. With my guidance and instruction you can also increase your net worth rather than eliminate it.

That being said, let’s examine a HUD created reverse mortgage.

Exactly what is a reverse mortgage?

A reverse mortgage is a special type of loan used by senior citizens to convert the equity in their homes into more income. The money obtained through a reverse mortgage can provide senior citizens with the financial security they need to fully enjoy their retirement years.

What types are available?

There are three basic types:

1. Single-purpose reverse mortgages, which are offered by some state and local government agencies and nonprofit organizations;

2. Federally-insured reverse mortgages, which are known as Home Equity Conversion Mortgages(HECMs), these are backed by the U.S. Department of Housing and Urban Development(HUD); and

3. Proprietary reverse mortgages, which are private loans that are backed by the companies that develop them.

To learn more about reverse mortgages, including qualifying, advantages and disadvangtages, and need-to-know information, go to TenPercentDown.com and sign up to receive my FREE newsletter. Click here!

--Chuck Salisbury

Why You Should NOT Buy a Foreclosed Property!

The more depressed the real estate market gets, the more the "promoters" come out from under the woodwork...out from under their rocks...or wherever they have been hiding.

They come out to pitch their expensive (and unrealistic) plans and programs about how to get rich in real estate through foreclosures.

Right now, the residential real estate market is softening, which sadly means that more families are losing their homes due to foreclosure.

In a strong real estate market and in a strong economy there may only be a couple of foreclosures in a neighborhood at any given time. Right now, when the real estate market is sorting itself out from the sub-prime debacle, foreclosures abound.

A lot of people have the idea that one man's loss is another man's gain. But when it comes to foreclosures, one man's loss may be the next man's loss, too.

Why buy foreclosed properties? When you buy a house that's been foreclosed upon, you're buying a house that didn't sell. The owner of the house couldn't sell it and the bank couldn't sell it. They're just hoping that a sucker — I mean an "investor" — like you will come along, ready to take that white elephant off their hands.

Let's first consider the question: "What is a foreclosure?" Very simply, it's when an individual who owns a house, has taken out a mortgage and can no longer make the payments. They couldn't sell the house for a price that would allow them to pay off the mortgage so the bank stepped in to recoup as much as it could of what turned out to be a very bad investment all around. If you buy it, you own it, and need to pay the mortgage on an empty house that likely hasn't been maintained.

How long can you afford to do that?

More often than not, investments in foreclosed property turn out not to be like winning a lottery, but a path to bankruptcy! You might be willing to offer more than the other speculators, but what does that tell you? It means that all the other real estate investors in your neck of the woods were not willing to put down as much money on that property as you...in your infinite wisdom!

It's too bad they already made a TV show called "The Biggest Loser," because that’s how I would describe anybody unfortunate enough to offer the most money, out of all the speculators, to the owner of a foreclosure property.

Once again, you've got to ask yourself whether you're smarter than all the other investors looking at foreclosures, and all the home buyers who passed up the opportunity to buy the house from a realtor or directly from the owner, and the bank or government entity currently in possession of the house.

If this sounds harsh, I'd rather you learn from me that foreclosures don't work than learning the hard way. I don't want you to learn the hard and painful way, by going through the time, trouble, and expense of a property that costs you more in money and heartache than you could ever make... even if things really worked the way the foreclosure hucksters would like you to believe.

I can offer you the stories of countless people with sad experiences who thought they could make money in real estate through foreclosures. By and large, they didn't. But a new generation of hopeful investors arises every day, and the people with those full-page ads for seminars on how to make money in these fields continue to prey on them.

Can you still make a fortune in real estate?

You bet! Do it the right way, and you'll be very satisfied with your results. It's a turnkey approach that is disciplined but very effective.

It is truly the #1 way to invest in the # 1 investment in America -- which truly is real estate!

Chuck Salisbury outlines the safest, most conservative way to invest in real estate in "The Incredible Investment Book." For more investment advice and a free newsletter go to www.TenPercentDown.com.