I Survived Real Estate 2008 - Bringing together the real estate community to benefit the Orange County Affiliate of the Susan G. Komen for the Cure

Thank you 7 Steps to a 720 Credit Score and Philip Tirone for becoming Gold Sponsors for I Survived Real Estate 2008!

More information on 7 Steps to a 720 Credit Score: http://www.7stepsto720.com/

The 7 STEPS TO A 720^® CREDIT SCORE program was created when mortgage broker Philip X. Tirone noticed that good people with good intentions were consistently turned down for home loans. Those who did qualify often paid unnecessarily high interest rates. On a $300,000 home loan, a person with a poor credit score could pay as much as $212,040 extra over the course of 30 years.

This is simply unacceptable. 7 STEPS TO A 720 CREDIT SCORE exposes the rules of the credit game, allowing countless Americans to increase their credit scores and save hundreds, sometimes thousands of dollars in interest payments. 7 STEPS TO A 720 CREDIT SCORE is a credit-improvement strategy based on patterns of change identified by studying tens of thousands of credit reports. Available to the public, the system is also used by real estate agents, mortgage brokers, investment advisors, and accountants across the nation to help borrowers save money, qualify for the best loans, and reduce interest payments.

About Philip Tirone

An expert in residential home financing, Philip X. Tirone has a unique background in difficult-to-obtain loans, having started his career working with borrowers with stated incomes and/or poor credit scores. With this foundation, he became a specialist in the credit-scoring process, authoring the book, 7 STEPS TO A 720^® CREDIT SCORE, as well as the bestselling workbook, APPLYING THE 7 STEPS TO A 720^® CREDIT SCORE.

Philip is the founder of the Mortgage Equity Group (the MEG) and specializes in educating borrowers and helping them increase their credit scores so they qualify for the best loan programs available. The MEG is a non-traditional mortgage company composed primarily of team members committed to providing each homebuyer with specialized time and services unique to his or her needs, complementing traditional mortgage services with innovative programs aimed at reducing mortgage payments and maximizing buying power.

Philip has an uncanny ability to develop innovative strategies to simplify the mortgage process. As a frequent guest lecturer at the University of California Los Angeles, Philip has authored and delivered numerous speeches about avoiding the “Mortgage Lifestyle Dilemma,” a phrase he coined to describe an emotional buying decision that results in overextension and a life that revolves around high mortgage payments.

Philip and his programs have been featured in the Los Angeles Times, New York Times.com, Wall Street Journal, Newsday, Woman?s World Magazine, San Francisco Chronicle, Bottom Line Magazine, and Bankrate.com, among others. He was recently featured in the New York Times bestseller, Secrets of the Young & Successful. In 2008, he will be featured in Dan Sullivan?s forthcoming book, Industry Transformers, which identifies eight individuals who are having a profound impact on their industry by creating meaningful ways for their clients to bypass the bureaucracy and the red tape most consumers face.

Named Arizona State University?s Man of the Year in 1994, Philip currently resides in Los Angeles with his wife, Lily, daughter, Ava, and son Dominic.

Thank you Phil Tirone and The Mortgage Equity Group for becoming Gold Sponsors of I Survived Real Estate 2008!

More information on The Mortgage Equity Group: http://themeg.net/

The Mortgage Equity Group (MEG) is in the business of simplifying the home loan process by assuming responsibility for your financial health as it relates to your mortgage decisions. We are dedicated to assisting you with the management of your mortgage, keeping abreast of interest rates, maximizing your credit score and minimizing your interest payments, and ensuring that your mortgage and real estate holdings blend well with all of your investments. We do this by leveraging a team of professionals equipped with tools, processes, and programs that make sure you meet your goals.

Philip X. Tirone

An expert in residential home financing, Philip X. Tirone has a unique background in difficult-to-obtain loans, having started his career working with borrowers with stated income and/or low credit scores. Philip founded The Mortgage Equity Group (The MEG) and specializes in educating borrowers to increase their credit scores so they qualify for optimal loan programs. A non-traditional mortgage company composed primarily of team members committed to providing each homebuyer with specialized time and services unique, The MEG complements traditional mortgage services with innovative programs aimed at reducing mortgage payments and maximizing buying power.

Philip excels at developing innovative strategies to simplify the mortgage process. He authored the 7 Steps to a 720® Credit Score, a book that teaches consumers to raise their credit scores and lower their interest rate. Most recently, he created The Home Loan Maximizer™, a program that allows home-owners to purchase larger homes while maintaining the same monthly payments. His Complete Financial Navigator™ analyzes his borrowers’ needs and financial picture, thereby helping borrowers overcome barriers to achieving their real estate goals. As a frequent guest lecturer at the University of California Los Angeles, Philip has authored and delivered numerous speeches about avoiding the “Mortgage Lifestyle Dilemma,” a phrase he coined to describe an emotional buying decision that results in overextension and a life that revolves around high mortgage payments.

Philip has been featured in the Los Angeles Times, New York Times.com, Wall Street Journal, Newsday, Woman’s World Magazine, San Francisco Chronicle, Bottom Line Magazine, Bankrate.com, among others. He was recently featured in the New York Times bestseller, Secrets of the Young & Successful. In 2008, he will be featured in Dan Sullivan’s new book, Industry Transformers, which identifies eight individuals having a profound impact on their industry by creating meaningful ways for clients to bypass bureaucracy and red tape.

Named Arizona State University’s Man of the Year in 1994, Philip currently resides in Los Angeles with his wife, Lily, daughter, Ava, and son Dominic.

Lupita Solis

Lupita Solis has 25 years’ experience as a processor/underwriter for mortgage companies, always working with top producers who carry heavy volumes. She formerly financed loans in resort destinations in Mexico under the purview of one the country’s top mortgage companies. She joined the Mortgage Equity Group two years ago, bringing to the table her dedication to providing specific and focused detail to each and every client. Fluent in Spanish, Lupita is current working toward her real estate license. She lives in Los Angeles with her husband and grandson.

Bruce Norris is joined this week by president of 7 Steps to a 720 Credit Score, The Mortgage Equity Group, and panelist for I Survived Real Estate 2008, Philip X. Tirone.  Bruce and Philip discuss his term "mortgage lifestyle dilemma", the consumer and disposable income, people trying to get out of loans, the percentage of people now able to get financing, the speed of the credit dry up, issues funding even with a large down payment, risk level exaggerations, the current state of home equity lines of credit, credit cards becoming the next line of liquidity, credit limits being reduced if a consumer’s credit score is not good, credit card companies looking into a consumer’s industry where they work, certain industries falling out of favor with credit issues, the Universal Default Clause and the interest rate associated with this clause, the different types of lenders, wholesale brokers, how the collateralized debt was put together, the main liquidity in the market, the price difference between a fixed and unfixed home, how lenders feel about unfixed homes, the national and local bills being discussed to help, who people are blaming for this mess, non-owner occupied financing, solutions being aimed at the wrong crowd, how lenders are dealing consumers looking to walk away even though they are current, isurvived2008.com

Philip’s commitment to educating homebuyers prompted the “7 Steps Licensing Program,” which allows mortgage brokers nationwide to become licensed in the 7 Steps and in turn help improve their clients’ credit scores. He is also developing the 7 Steps Foundation, a charitable foundation that will allocate funds to help low-income and underserved Americans increase their credit scores and buy homes.

Philip has been featured in articles on credit and mortgage trends in the Los Angeles Times, New York Times.com, Wall Street Journal, Newsday, Woman’s World Magazine, San Jose Mercury News, Bottom Line Magazine, Bankrate.com, and several others.

Philip created the Complete Financial Navigator™, a tool to analyze his borrowers’ needs and financial picture, thereby helping borrowers overcome barriers to achieving their real estate goals. As a frequent guest lecturer at the University of California Los Angeles, Philip has authored and delivered numerous speeches regarding the “Mortgage Lifestyle Dilemma,” a phrase he coined to describe an emotional buying decision that results in overextension and a life that revolves around high mortgage payments. By analyzing industry-specific buying trends, he has devised a series of questions to help borrowers avoid this dilemma.

Philip was named Arizona State University’s Man of the Year upon graduating with a real estate degree in 1994. Since then, he has continued to receive acclaim, most recently in the New York Times best-seller, Secrets of the Young & Successful.

Special thanks to the following partners who are helping make this event possible: the San Diego Creative Investment Association and Bill Tan (sdcia.com), the Investors Workshop in Orange County and Shawn Watkins (investorsworkshops.com), Frye Wiles, the results-oriented web design, internet marketing, branding and creative design firm helping us with the web (fryewiles.com), MVT Productions who always does an amazing job with our audio/visual needs (mvtproductions.tv), Proxibid who has graciously offered to air this event nationwide live via the Internet (Proxibid.com), White House Catering (whcatering.com), and finally, the Nixon Library for allowing us to use their wonderful White House Replica of the East Room to hold the live, black tie event (nixonlibraryfoundation.org).

The Norris Group
6391 Magnolia Avenue, Ste. C
Riverside, CA 92506
www.TheNorrisGroup.com