Bankers Exchange Services

Welcome to the February 4, 2009 edition of 1031 exchange.

KCLau presents Redefine Retirement: Lifestyle Design of the New Rich posted at KCLau’s Money Tips, saying, “An article about retirement, deferred Retirement versus mini-Retirement, income relativity and how to use the shortest to earn the income that u need.”

David presents Budgeting vs. Allocating Funds: There’s A Difference posted at Personal Finance Ology, saying, “The difference between budgeting and allocating your money is not a trivial one, but is often overlooked. It is prudent to both budget and allocate your discretionary funds so that you can stretch you dollars further!”

KCLau presents Procrastinator, plucker, plotter, and prober posted at KCLau’s Money Tips, saying, “Recently I was reading the book titled “The Number: What do you need for the rest of your life and what will it cost?”
I give you a rundown on wat the book has to offer”

Ralph Jean-Paul presents How To Make Important Decisions Quickly posted at Potential 2 Success, saying, “Quick decision making is critical in just about every aspect of life. Every decision you make produces a result. In every line of business, quick decision making is crucial for success.”

investing strategies

Smart Investor presents When Not To Invest In Stocks | The Stock Investor – Stock Advice And Tips posted at The Stock Investor, saying, “Everyone is always telling you to get into the market. What are some reasons you should stay away from stocks?”

Raymond presents Free Quicken Online Review and Quicken 2009 Discount Coupon Codes posted at Money Blue Book.

mortgage/financing

Den Levin presents Why Credit Is So Important | Credit Makes The World Go Round posted at Credit Makes The World Go Round, saying, “Lack of credit affects everyone both directly and indirectly.”

KCLau presents Best of KCLau’s Money Tips 2008 posted at KCLau’s Money Tips, saying, “A run down of the best KCLau’s Money Tips 2008″

Joe Manausa presents Tallahassee Foreclosure Report | Tallahassee Real Estate Blog posted at Tallahassee Real Estate Blog, saying, “There is plenty of news in the national media about foreclosures. From everything that I have read, I suspect for every 100 foreclosures that have and will hit the real estate market during our current housing crisis, we have only seen 2 or 3. The bulk of the foreclosures have yet to hit the market.”

real estate market

Joe Manausa presents January 2009 Housing Market Trends | Tallahassee Real Estate Blog posted at Tallahassee Real Estate Blog, saying, “The continuation of the three-year-old bear market in real estate has brought many people forward to comment on the condition of the real estate market. It seems for everybody with an opinion, there are an equal number of theories about where the housing market is going. So, not to be left out of the crowd……. I thought I would chime in with an (updated) opinion of my own.”

Haydee Sampiano presents Torrance Real Estate Market Recap for 2008 posted at HHC South Bay Real Estate News, saying, “The final numbers for the Torrance real estate market in 2008 are in and although it was a tough year for home sellers there were some interesting market developments towards the end of the year that may indicate a brighter 2009 for sellers.”

Haydee Sampiano presents Manhattan Beach Real Estate Market Recap for 2008 posted at HHC South Bay Real Estate News, saying, “The final numbers from the South Bay Association of Realtor for the Manhattan Beach real estate market in 2008 reveal just how tough a year it was for home sellers. The year started with a less than stellar 14 home sales (single family homes, condos/townhomes, and residential income) for the month of January and ended with 14 sales in December.”

Raily Arena presents Tips to Increase Your Chance of Selling Your Home posted at How to Sell Your Own Home.

Raily Arena presents Tips To Get You Started On Selling Your Home posted at How to Sell Your Own Home.

Ken presents Home buying market concerns posted at thehumblecoach.com.

transaction tips

Joe Manausa presents Real Estate Sales Success | Tallahassee Real Estate Blog posted at Tallahassee Real Estate Blog, saying, “By tracking movement of inventory in the MLS, one is able to tell if the market is expanding or contracting, and whether property values are rising or falling. With this information in hand each month, you can best understand a great strategy for selling a home (or one for buying a home).”

That concludes this edition. Submit your blog article to the next edition of 1031 exchange using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Technorati tags: 1031 exchange, blog carnival.

Welcome to the December 3, 2008 edition of 1031 exchange.

KCLau presents Case Study: Financial Goals of a Malaysian working in Singapore posted at KCLau’s Money Tips, saying, “Subscribe to my Newsletter to receive the Top Money Tips for Malaysians ebook.

What you will get:

* Top Money Tips e-book
* Budgeting e-book (a week after signing up)
* Insider’s tips not published here”

KCLau presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears as they go through their life phases. There is one fear which most of us will definitely have to deal with and that is financial fear. I have listed down below several financial fears that the majority of us will encounter.”

imarketing4s presents Cheap Debt Consolidation: Regain Your Financial Freedom posted at Free Debt Consolidation: Qualified Financial Management.

imarketing4s presents How Do I Know If I am Eligible For Student Loan Debt Consolidation? posted at Free Debt Consolidation: Qualified Financial Management.

KCLau presents Buy term and invest the difference posted at KCLau’s Money Tips, saying, “In this post, I will share my view about the reality and practical part of making use of this well-known strategy of buying term and investing the difference.”

KCLau presents If either one of the joint-account holder dies, who gets the money? posted at KCLau’s Money Tips, saying, “Let’s say you have a joint account with your spouse in a local bank. Due to an unforeseen accident, your spouse passed away (touch wood). Are you entitled to withdraw all the money in the account, say RM100k? The answer is not simply a “yes” or “no”. It actually depends on the bank’s rules and regulations. What I learn is that there are three possibilities.”

escrow/settlement

Debt Wizard presents Credit Cards- What To Look For posted at Money Help, saying, “The right credit card for you depends on your spending habits and if you are able to fully pay off your credit card each month.”

investing strategies

Investing Angel presents Investments To Avoid posted at Stock Tips, saying, “Some investments to avoid – especially in the coming recession!”

Scott Miscall presents Investment Property and Fixer Upper Homes posted at Should you Consider Hard Money Finance?, saying, “Hard money finance can be a means to an end for some people and it can be beneficial. But, it really should be thought of as a last resort and not something to bank on for a long term solution.”

Market Breaker presents It?s Been A Brutal Year posted at Stock Investing Tips, saying, “This year has been the worst year for the stock market since the Great Depression.”

Jayson Gibson presents Hope for Homeowners Act of 2008 ?What’s At Stake? posted at New Homes Section Blog, saying, “Information about the Hope for Homeowners Act of 2008. Details about problems in our current economy and how each problem relates to the Hope for Homeowners Act of 2008.”

Investing Angel presents Learning Financial Planning through Asset Allocation » Free Stock Market Investing Tips posted at Stock Tips, saying, “Some ways to learn about financial planning.”

The Fund investor presents Bear Market Mutual Funds posted at Mutual Fund Investing Tips, saying, “The one type of mutual fund investor that has made money in 2008 are those that have been investing in inverse mutual funds”

Lawrence T. presents Margin Loan | Types Of Loan – Types Of Loans posted at Types of Loans, saying, “A margin loan may be a good way of paying off credit card or as a source for other financing needs. Margin loans need to be used carefully though, since you want to avoid a margin call.”

William L. Exeter presents Keeping Wealth Just As Important As Making It posted at The 1031 Exchange Institute, saying, “Keeping wealth is just as important as making it.”

Lauren Rose presents Practicing in the Forex Market posted at Stock Markets Investment, saying, “Why you start practicing forex trading by playing many online games and simulations where you can learn many of its tips, tricks, and pitfalls.”

Michael Cohen presents Traits Of A Good Investor | The Stock Investor – Stock Advice And Tips posted at The Stock Investor, saying, “These are the three most importnat traits of a successful stock investor.”

Jessie presents Ode To The 4 Hour Work Week – A Book Review posted at My Investing Blog, saying, “So I just finished up the book 4-Hour Workweek by Tim Ferriss. It has the standard self-promoting fluff that you have to dig through and weed out, but once you get through that, he’s actually got some pretty ingenious ideas that I think I may find myself implementing in the very near future…

legal considerations

Joe Hayes presents Political Jokes posted at Restoring Your Finances and Your Faith, saying, “Some really funny politically oriented jokes, just in time for the Election! Includes Barack Obama and John McCain related humor, and quotes from famous people too.”

William L. Exeter presents LandAmerica 1031 Exchange Closes Its Doors posted at The 1031 Exchange Institute, saying, “Discussion regarding the recent failure of LandAmerica 1031 Exchange Services.”

real estate market

Keira presents Rent or Own – What’s Best Right Now? posted at Rich Leverage.

The Fund investor presents The Hidden Advantage Of Mutual Fund Investing posted at Mutual Fund Investing Tips, saying, “Mutual fund investing is a good way to prevent making investing mistakes.”

Joe Manausa presents How To Stay Calm In The Real Estate Market posted at Tallahassee Real Estate Blog, saying, “The entire financial world appears to be a scary place right now. Many people are starting to “smell opportunity” and yet are a bit too fearful to act on their instincts. The goal of this article is to get you to consider doing some homework and creating a decision matrix so that you can start to take advantage of the opportunities when you are ready.”

Joe Manausa presents Discover The Secret To Making A Perfect Home Buying Offer posted at Tallahassee Real Estate Blog, saying, “There are so many infomercials and advertisements claiming that you can buy a home for mere pennies on the dollar that many potential home buyers are confused about what they should do.

The goal of this short article is to help you develop a mindset that will allow you to buy the home of your dreams without paying too much for the home.”

Joe Manausa presents Great News For First Time Homebuyers In Florida Real Estate posted at Tallahassee Real Estate Blog, saying, “It is interesting to note that in these times of financial hardship for everyone that there seems to be an abundance of financial assistance programs out there for eligible homebuyers purchasing new or existing homes in Florida.”

For any questions on 1031 Exchange please contact Bankers Exchange Services in Walnut Creek, California toll free at (877) 989-1031.

That concludes this edition. Submit your blog article to the next edition of 1031 exchange using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Technorati tags: 1031 exchange, blog carnival.

LandAmerica 1031 Exchange Services Company, Inc. announced that effective November 24th, they would not be accepting any new exchange customers and would be terminating their operations immediately. A significant portion of the exchange funds that Land America Exchange received were invested in securities that they are currently unable to sell or borrow against. Exchangers needing access to their funds in order to close on replacement properties within their prescribed time lines may face real challenges.

If you have a 1031 exchange transaction that you need to open, please consider Bankers Exchange Services. BES, wholly owned by Bay Commercial Bank, is participating in the FDIC Insurance “Temporary Liquidity Guarantee Program”. This program allows for all exchange funds deposited into non-interest bearing transaction deposit accounts and held in domestic offices of participating FDIC-insured institutions, to be fully insured. This provides an excellent option for exchangers whose proceeds will be over the current FDIC limit of $250K for individuals or $500K for joint accounts. You will be assured that the entire amount will be backed by the FDIC while held by Bankers Exchange Services. This program has been put into place by the FDIC and will remain in effect until at least December 31, 2009.

We also offer other types of deposit instruments including interest bearing and CDARS accounts. Some restrictions apply to the CDARS account, so please contact us for details.

When you work with Bankers Exchange Services, you will work with our highly experienced and professional exchange team. We have certified exchange specialists® on staff as well as an advisory attorney, all of whom will be happy to answer questions and lend assistance in structuring your exchange. We look forward to earning your trust and providing you with excellent service.

Bankers Exchange Services can be reached toll free at (877)989-1031 and has three locations to serve you in Walnut Creek, Oakland and Long Beach, California.

Bankers Exchange Services is participating in the FDIC Insurance Temporary Liquidity Guarantee Program.  The definition of this programs is; all funds in noninterest-bearing transaction deposit accounts held in domestic offices of participating FDIC-insured institutions will be fully insured.  This should be a huge relief to any exchange client that will have over the current FDIC limit of ($250K for individual or $500K for joint accounts).  What this means is that you or your client can rest assured that any amount will be backed by the FDIC while held by Bankers Exchange Services.  This program has been put into place by the FDIC and will remain in effect until December 31, 2009.

Bankers Exchange Services is offering this program in conjuction with our CDARS program so clients can take advante of earning interest on their funds as well.  Some restrictions apply, so call us for details.

Bankers Exchange Services headquartered in Walnut Creek, CA (877) 989-1031

Welcome to the October 1, 2008 edition of 1031 exchange.

KCLau presents Secrets to Writing an Ebook in Three Easy Steps posted at KCLau’s Money Tips, saying, “Why one would want to write an ebook and secrets behind writing one.”

KCLau presents How not to Spend that Money? posted at KCLau’s Money Tips, saying, “Article on how to prevent spending unnecessary money. Also 3 methods on how to do so.”

Mac presents 10 Ways To Save A Dollar During Hard Times posted at Actorlicious.

investing strategies

Investing Angel presents Investments To Avoid posted at Stock Tips, saying, “Certain types of investments should just be avoided by beginner investors.”

Sandy Naidu presents Top 5 Dirty Little Credit Card Tricks posted at Future Nest Egg.

The Stock Teacher presents Speculating On The Election posted at Stock Investment, saying, “If you think McCain is going to win the election, certain stocks may be worth betting on.”

mortgage/financing

KCLau presents Credit Counseling and Debt Management Agency: FREE Financial Education for Malaysian posted at KCLau’s Money Tips, saying, “A success story one how one avoided bankruptcy as well as features of AKPK and how u can benefit from the agency.”

Joe Manausa presents Bailing Out The Banks? Actually Bailing Out America! posted at Tallahassee Real Estate Blog, saying, “While mainstream media refers to this as the “fat cat” bailout for Wall Street, you might be surprised who really needs this bailout to occur. What would happen to your job if the credit market stopped for even 1 week?”

real estate market

Amy L. presents How to Find an Affordable and Safe Place to Live posted at Housekeeping Tips, saying, “Without question, the downsizing of our economy is forcing many people to reconsider where they’re living and whether or not they can really afford it.”

Joe Manausa presents The Sign Is Up – Is Your Home Sold? posted at Tallahassee Real Estate Blog, saying, “During the booming real estate market of 2004-2006, it seemed all a homeowner had to do to sell a home was put a sign in the yard and then start evaluating offers. This is not so much the case anymore, we are back to a “normal” real estate market, where buyers are drawn to value.”

tax implicatgions

imarketing4s presents Taxes and Penalties Involved in a Loan | Unsecured Loans Now Articles posted at Unsecured Loans Now.

kevin callahan presents OIC 101: Effective Tax Administration posted at IRS For Dummies, saying, “very informative article on a option not very well known”

Reba Haas presents 2008 Tax changes for investment properties converted to primary residences? posted at Team Reba Real Estate, saying, “Cris Anderson of API Exchange sent out this recent article that highlights a shift in how rental properties will be seen throughthe eyes of the IRS if they are converted to a primary residence. Some folks had been using this strategy and taking advantage of the capital gains exemption after converting a property and living in it for 2 years. Read this to learn more about the change and how it might affect you.”

That concludes this edition. Submit your blog article to the next edition of 1031 exchange using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

If you have questions on 1031 tax deferred exchanges give our office a call at (877) 989-1031

Technorati tags: 1031 exchange, blog carnival.

Welcome to the August 3, 2008 edition of 1031 exchange.

KCLau presents How to Calculate Your Investment Portfolio Return? posted at KCLau’s Money Tips, saying, “About how to calculate your investment portfolio returns.”

Helen Anderson presents 5 Credit Card Fees You Probably Didn’t Know About posted at Bankaholic.

KCLau presents Average Monthly Household Income in 2007: Is it enough? posted at KCLau’s Money Tips, saying, “According to a survey done by the Statistic Department for the Economic Planning Unit, published in Personal Money Magazine June 2008 edition, a typical family in Malaysia earns only RM3686/month. How much this is worth and how much can be spent.”

Robert Phillips presents How to Create an Audio Product Practically for Free posted at CYBERCA$HOLOGY.

KCLau presents The Money Book: A CAP Guide to Managing Your Money posted at KCLau’s Money Tips, saying, “Published by Consumers Association of Penang (CAP), a run down on how to manage your money and a list of what the money book discusses.”

James Lee presents Massive Action… TO COMPLETION! posted at Online Business Freedom.

Robert Phillips presents 3 Simple Ways to Increase Blog Traffic posted at How to Create a DVD without Spending a Dime.

investing strategies

Mark Babineaux presents the-law-of-attraction posted at Where-is-my-success-i-don’t-know-what-to-look-for.

Value Seeker presents Stock Investment Resource: Stock Market Investing Tips – Don’t Overleverage posted at Stock Investing, saying, “Be careful with margin trading. If you take on too much
leverage, you may risk a margin call.”

Helen Anderson presents 3 Warnings Signs Your Bank May Fail posted at Bankaholic.

Larry Russell presents Financial Planning Reading List posted at Pasadena Financial Planner.

mortgage/financing

Raymond presents How Credit Scores Work And How Scores Are Calculated posted at Money Blue Book.

real estate market

Joe Manausa presents Housing Prices Decline Slightly – A Clear Picture Is Forming posted at Tallahassee Real Estate Blog, saying, “While there have been many articles written on the declining real estate market, most are filled with facts and figures that are difficult for the lay-person to follow. This article is filled with easy-to-understand graphs that demonstrate the modest decline in home prices.”

Joe Manausa presents Tallahassee Real Estate – Market Graphs Updated posted at Tallahassee Real Estate Blog, saying, “A compilation of real estate market graphs that shows different segments of the real estate market and how it is performing.”

transaction tips

Value Seeker presents Stock Investment Resource: Stock Market Investing Tips – Democrats and Offshore Drilling posted at Stock Investing, saying, “Author discusses the lunacy of the Democratic opposition to offshore drilling.”

Phil B. presents Stop Using Credit Cards « Phil for Humanity posted at Phil for Humanity, saying, “Save money by stop using credit cards.”

That concludes this edition. Submit your blog article to the next edition of 1031 exchange using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Thank you for viewing our blog, if you have any questions regarding 1031 Exchanges please give us a call at (877) 989-1031.

Disclaimer – The views expressed in these blogs do not necessarily reflect those of Bankers Exchange Services, Bay Commercial Bank or The 1031 Exchange Blog Carnival host.

Technorati tags: 1031 exchange, blog carnival.

An article posted in the money section of MSN.com titled, “Could Your Bank be the Next to Fail?” caught my eye this week. The article summarized the recent seizure of IndyMac Bank by the FDIC and offered ways to protect yourself.

The author also noted it was difficult for the average consumer to do research on which banks may be in trouble. That is certainly true, but only because most consumers don’t know where to look.

The FDIC’s website is one of the best resources for this research. It’s surprisingly easy to navigate, and offers explanations of most of the terms and data shown.

One of the best data points to examine is the “Tier One Capital ratio.” Tier One Capital is the ratio used by regulators as an overall indicator of the financial well-being and stability of a bank. The higher the Tier One Ratio, the more likely a bank will be able to handle a greater-than-average withdrawal of deposits and/or problems with assets such as real estate loans.

In contrast, a lower Tier One Ratio is a strong indicator of trouble; in which case, the FDIC steps in. The regulators start to pay attention when banks Tier One Ratio slips below 6%.

Speaking of the FDIC stepping in…To many consumers, this seems to be a sign of complete disaster. Fortunately, thanks to the FDIC insurance, it’s not. However, one of the ways you can protect yourself against loss is to have a better understanding of how FDIC deposit insurance works before you open accounts.

The FDIC insures deposits of up to $100,000.00. Until recently, anyone wanting to deposit more than $100,000.00 and have it completely insured had to open individual accounts with several different banking institutions and/or utilize different account ownership types to achieve greater levels of insurance coverage.

While this is the safe approach, it is time consuming and can be tedious to have multiple banking relationships. At the present, banks like Bay Commercial Bank in Walnut Creek, California are a member of CDARS®, Certificate of Deposit Account Registry Service. Using the CDARS® service, you can access up to $30 million in FDIC protection on your CD investments. “One bank, one rate and one statement”. A single statement is sent out detailing all of the CD investments. As with most certificates of deposit, CDARS® offers various maturity options to choose from.

CDARS® is not right for everyone and not all banks offer the service. However, between FDIC deposit insurance and the newer CDARS®, most consumers can put aside concerns about losing funds on deposit in banks.

In closing, let’s go back to the excellent resources offered on the FDIC’s website. If you want to know how your bank is doing, if you want to know the earnings history, the capital base, information regarding the level of past due loans, the number of employees or other interesting characteristics, this site is for you. As lenders, we often say “know your borrower”; as clients, you may want to say ‘know your bank”. If after all your research efforts are exhausted and you still have questions, give the CEO of your bank a call (what a novel concept).

By: George Guarini, CEO Bay Commercial Bank (925) 476-1800