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	<title>Rick Otton How to buy a House without a Bank</title>
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	<link>http://www.rickotton.com</link>
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		<title>How To Buy A House For A Dollar Concept To Be Launched In Print Through Rick Otton Book</title>
		<link>http://www.rickotton.com/how-to-buy-a-house-for-a-dollar-concept-to-be-launched-in-print-through-rick-otton-book</link>
		<comments>http://www.rickotton.com/how-to-buy-a-house-for-a-dollar-concept-to-be-launched-in-print-through-rick-otton-book#comments</comments>
		<pubDate>Fri, 04 May 2012 02:55:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=2615</guid>
		<description><![CDATA[In the over 30 years that Australian Rick Otton has been buying and selling houses, he has devised strategies that have set him apart from traditional property investing specialists. He is now sharing these techniques in his about to be released How To Buy A House For A Dollar book. Mr Otton is not new to [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.rickotton.com/wp-content/uploads/2012/05/How-to-buy-a-house-for-1-3d-book.jpg"><img class="alignleft size-medium wp-image-2616" title="How to buy a house for $1 3d book" src="http://www.rickotton.com/wp-content/uploads/2012/05/How-to-buy-a-house-for-1-3d-book-242x300.jpg" alt="" width="242" height="300" /></a><span style="font-family: helvetica; font-size: medium;">In the over 30 years that Australian Rick Otton has been buying and selling houses, he has devised strategies that have set him apart from traditional property investing specialists. He is now sharing these techniques in his about to be released </span><a style="font-family: helvetica; font-size: medium;" href="http://www.howtobuyahouseforadollar.com/">How To Buy A House For A Dollar book</a><span style="font-family: helvetica; font-size: medium;">.</span></p>
<p><span style="font-family: helvetica; font-size: medium;">Mr Otton is not new to sharing his methods, however. Since 2001 he has taught thousands of people all around the world, through live events and ongoing mentoring, how to implement the exact same techniques and tools that he uses.</span></p>
<p><span style="font-family: helvetica; font-size: medium;">“I have shown people from all walks, regardless of their economic situation, how to become property owners and investors &#8211; people whom traditional lenders, like the banks, would have turned away” said Mr Otton.</span></p>
<p><span style="font-family: helvetica; font-size: medium;">The ‘How To Buy A House For A Dollar’ book is the first time that Mr Otton’s powerful </span><a style="font-family: helvetica; font-size: medium;" href="http://www.howtobuyahouseforadollar.com/">property investment</a> <span style="font-family: helvetica; font-size: medium;">formulas have been shared outside of his private training sessions, and, he says, will be live-changing for many aspiring property investors.</span></p>
<p><span style="font-family: helvetica; font-size: medium;">“For way too long people have been told that in order to own a home they must squirrel away enough money for a hefty deposit, and then approach a bank to lend them the rest of the property purchase price” he explained. “But through ‘How To Buy A House For A Dollar’ I will change that mindset and open up a whole raft of possibilities to readers that they never knew existed.”</span></p>
<p><span style="font-family: helvetica; font-size: medium;">Upon reading a forward copy of the </span><a style="font-family: helvetica; font-size: medium;" href="http://www.howtobuyahouseforadollar.com/">real estate book</a><span style="font-family: helvetica; font-size: medium;">, Dale Beaumont, author of 16 best-selling books agreed, saying “Finally, a fresh and innovative approach to buying houses. If you’re ready to embrace the future of real estate, it starts here.”</span></p>
<p><span style="font-family: helvetica; font-size: medium;">‘How To Buy A House For A Dollar’ is being launched nationally in May 2012, and will be available at all good booksellers, including: </span></p>
<ul>
<li><span style="font-family: helvetica; font-size: medium;">Dymocks</span></li>
<li><span style="font-family: helvetica; font-size: medium;">Angus &amp; Robertson</span></li>
<li><span style="font-family: helvetica; font-size: medium;">QBD</span></li>
<li><span style="font-family: helvetica; font-size: medium;">Collins</span></li>
<li><span style="font-family: helvetica; font-size: medium;">Berkelouw</span></li>
</ul>
<p><span style="font-family: helvetica; font-size: medium;">and many independent book stores.</span></p>
<p><span style="font-family: helvetica; font-size: medium;">Details about this new </span><a style="font-family: helvetica; font-size: medium;" href="http://www.howtobuyahouseforadollar.com/">Rick Otton book</a><span style="font-family: helvetica; font-size: medium;"> can be found at </span><a style="font-family: helvetica; font-size: medium;" href="http://www.howtobuyahouseforadollar.com/">http://www.howtobuyahouseforadollar.com</a></p>
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		</item>
		<item>
		<title>Rick Otton&#8217;s Successful Students Share Real Estate Investing Secrets on Free Podcast</title>
		<link>http://www.rickotton.com/rick-ottons-successful-students-share-real-estate-investing-secrets-on-free-podcast</link>
		<comments>http://www.rickotton.com/rick-ottons-successful-students-share-real-estate-investing-secrets-on-free-podcast#comments</comments>
		<pubDate>Tue, 13 Mar 2012 02:10:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=2602</guid>
		<description><![CDATA[Rick Otton’s property investment strategies have rocked the real estate market due to their flexibility and efficiency. Hear what his students have to say about how they achieved financial freedom through Mr. Otton’s groundbreaking techniques in this recent podcast Experience is the best teacher and property specialist Rick Otton’s students have proven the success of creative [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><strong><em>Rick Otton’s property investment strategies have rocked the real estate market due to their flexibility and efficiency. Hear what his students have to say about how they achieved financial freedom through Mr. Otton’s groundbreaking techniques in this recent podcast</em></strong></p>
<p><iframe width="500" height="281" src="http://www.youtube.com/embed/ITwQRNXlE3s?fs=1&#038;feature=oembed" frameborder="0" allowfullscreen></iframe></p>
<p>Experience is the best teacher and property specialist Rick Otton’s students have proven the success of <a href="http://www.rickotton.co.uk/sales-page">creative real estate</a> in his most recent podcast.</p>
<p>This Creative Real Estate podcast reveals how Mr. Otton’s  students have achieved profound and solid property portfolio using his innovative <a href="http://www.rickotton.co.uk/sales-page">property investment strategies</a>. The students shared their experiences in real estate and how Mr.Otton’s  strategies helped them go up the property ladder.</p>
<p>“It’s very interesting to learn how people’s experiences can teach us a lot of things. They say that experience is the best teacher and I believe that the best way to learn is by acknowledging our mistakes and making an effort to do better next time. These students have failed before, in the real estate setting, but what made them succeed was the effort and the courage to think outside the box,” Mr. Otton said.</p>
<p>The podcast revealed how Mr.Otton’s students struggled to <a href="http://www.rickotton.co.uk/sales-page">make money in real estate</a> but found themselves in negative-geared situation and making less money than they expected.</p>
<p>“I had probably for about 10 or 15 years, different properties and it just wasn’t getting me towards the goals that I wanted to achieve. I started looking around for a while and I saw yourself and your strategies and that really struck a chord with me in how I could actually achieve win, win situations and ultimately make something out of it along the way,” said Greg, one of the interviewees.</p>
<p>Mr.Otton also emphasized the importance of having adept negotiation skills in order to conquer the property market.  Another student, Wayne, agreed on this and shared “It is knowing who you are talking to and knowing what you are talking about and it is confidence. Before I was a little afraid to ask for too much. Now I am much more confident. My time is valuable.”</p>
<p>The interview revealed that if given a choice, all of his students would never go back to their old ways and will stick to Mr.Otton’s strategies in real estate investing.</p>
<p>Mr. Otton is widely known for his revolutionary property investment strategies that are currently storming the property market. These strategies have been making dramatic changes in how real estate is done in the USA, Australia, UK and other parts of the world. For more than thirty years, Mr.Otton has been teaching his students through seminars and boot camps how to create a career in real estate investing without relying on bank loans or shelling out large cash for deposits.</p>
<p>“This episode has shown how my strategies have helped my students achieve financial freedom through sound property investment. I feel proud, not just as a teacher but also as father. Their lives are now better, their financial situation improved  and they get to spend more time with their families,” Mr.Otton said.</p>
<p><span style="font-size: small;">The podcast can be accessed at </span><a style="font-size: small;" href="http://www.creativerealestate.com.au/creative-real-estate-podcasts/22-students-reveal-secrets-to-success-in-creative-real-estate-investing/">http://www.creativerealestate.com.au/creative-real-estate-podcasts/22-students-reveal-secrets-to-success-in-creative-real-estate-investing/</a></p>
<p>&nbsp;</p>
<p><span style="font-size: small;">To know more on Rick Otton’s strategies, you can check out: </span><a style="font-size: small;" href="http://www.rickotton.co.uk/sales-page">http://www.rickotton.co.uk/sales-page</a></p>
<p><strong>About Rick Otton</strong></p>
<p><a href="http://www.rickotton.co.uk/sales-page">Rick Otton</a> is an original pioneer of creative property strategies. He is founder and CEO of We Buy Houses, a leading property enterprise which operates in the property markets of the United Kingdom, New Zealand, USA and Australia.</p>
<p>In 1991 he uncovered an innovative strategy of buying and selling real estate and went on to amass a portfolio of 76 properties in his first twelve months of active investing.</p>
<p>Since 2001, Rick has taught over 30,000 students to buy, sell and trade residential property without banks, debt or risk. By employing these same strategies many of Rick’s students have made over a million dollars a year in cash and equity, using little or none of their own money, year after year.</p>
<p>In 2008 Rick revealed his strategies in the United Kingdom and became the creator of ‘Houses for a Pound’.</p>
<p>He has appeared in the following Australian TV programs: 2004 ABC documentary ‘Reality Bites’ and on Today Tonight, Insight and A Current Affair. In October 2007 Rick gave a way a house on national TV during 2 episodes of Channel 9’s Hot Property.</p>
<p>Rick Otton has also been featured in Your Property Network, Australian Property Investor, Lifestyle Trader Magazines and in the books: The Secrets of Property Millionaires Exposed!, Ideas: Original Perspectives On Life and Business From Leading Thinkers, Think and Grow Rich in Property, Insider Property Secrets, and Walking With The Wise.</p>
<p><span style="font-size: x-small;"><br />
</span></p>
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		<title>Negotiation Experts Predict Prime Minister Julia Gillard to Pull Out All Stops in Carbon Tax Announcement</title>
		<link>http://www.rickotton.com/negotiation-experts-predict-prime-minister-julia-gillard-to-pull-out-all-stops-in-carbon-tax-announcement</link>
		<comments>http://www.rickotton.com/negotiation-experts-predict-prime-minister-julia-gillard-to-pull-out-all-stops-in-carbon-tax-announcement#comments</comments>
		<pubDate>Tue, 19 Jul 2011 00:27:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=1628</guid>
		<description><![CDATA[Australian Prime Minister Julia Gillard is going to face nation this week. She will address the nation about the proposed carbon tax and she will have to please industry, environmentalists, and most importantly voters. Negotiation expert, Rick Otton, believes that Ms Gillard needs to appeal not just to the powerful lobby groups, but to the [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Australian Prime Minister Julia Gillard is going to face nation this week. She will address the nation about the proposed carbon tax and she will have to please industry, environmentalists, and most importantly voters.</p>
<p>Negotiation expert, Rick Otton, believes that Ms Gillard needs to appeal not just to the powerful lobby groups, but to the man in the street as well.</p>
<p>Rick said that despite having the endorsement of high profile personalities like Kate Blanchet and support of environmentalists, the most newsroll shows that it is not popular among voters. The Newspoll published a week ago had Ms Gillard’s Labor Party with just 30 per cent of the primary vote.</p>
<p>Iven Frangi, a specialist in the field of persuasion techniques believes The Prime Minister’s speechwriters will have to work hard to ensure her message delivers the results what her party expects.</p>
<p>Rick agrees with Mr.Frangi and he said that PM will be under pressure to deliver the results as expected. He believes that under the pressure of negotiation with both big business and the Greens, she needs to be ever mindful of how voters perceive they will be impacted by this tax, especially in these challenging economic times.</p>
<p>Mr Otton and Mr Frangi both teach the use of <a href="http://www.rickotton.com">negotiation skills</a> and <a href="http://www.rickotton.com">persuasion techniques</a> for business and personal success, and believe that Ms Gillard’s Sunday address to the nation will be crucial to her continued political success.</p>
<p>Read complete press release at <a href="http://www.prweb.com/releases/carbon-tax/negotiation-skills/prweb8625691.htm" target="_blank">http://www.prweb.com/releases/carbon-tax/negotiation-skills/prweb8625691.htm</a></p>
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		<item>
		<title>Rick Otton’s Creative Real Estate Podcast Tops The Chart On ITunes Australia in 2 Days!</title>
		<link>http://www.rickotton.com/rick-otton%e2%80%99s-creative-real-estate-podcast-tops-the-chart-on-itunes-australia-in-2-days</link>
		<comments>http://www.rickotton.com/rick-otton%e2%80%99s-creative-real-estate-podcast-tops-the-chart-on-itunes-australia-in-2-days#comments</comments>
		<pubDate>Mon, 11 Jul 2011 05:31:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=1613</guid>
		<description><![CDATA[Rick Otton’s recent podcast “Creative Real Estate” on iTunes became the most popular real estate podcast on iTunes Australia. Rick launched the podcast on 5thJuly, 2011. The podcast explains how he became a millionaire by transacting real estate even without money, finance or a mobile phone. Creative Real Estate podcast covered many topics including; What [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Rick Otton’s recent podcast “Creative Real Estate” on iTunes became the most popular real estate podcast on iTunes Australia. Rick launched the podcast on 5thJuly, 2011. The podcast explains how he became a millionaire by transacting real estate even without money, finance or a mobile phone.</p>
<p><strong>Creative Real Estate podcast covered many topics including;</strong></p>
<ul>
<li>What is Creative Real Estate? And what’s in it for you?</li>
<li>Why our economy NEEDS Creative Real Estate?</li>
<li>The impact the Global Financial Crisis has had on the world</li>
<li>Who is Rick Otton? And how he became a millionaire by transacting real estate even without money, finance or a mobile phone.</li>
</ul>
<p><strong>Rick and Ben shares valuable tips about;</strong></p>
<ul>
<li>How YOU can invest in property TODAY…secrets that will supercharge your property portfolio!</li>
<li>How you can eliminate fear that has put a financial restraining order on your life!</li>
<li>How to raise the barricades and take a leap forward into the property market… debt free!</li>
<li>Understand the psychology to why people ACTUALLY sell a house (This will open up oodles of opportunity!)</li>
<li>Simple investment tweak allows you to save time, money and grow your property portfolio… bank free!</li>
<li>The bottom-line to why 10,000 real estate agents have been forced to leave their job’s! (and how you can reap the profits!)</li>
<li>Ground-breaking tips to grab head-shaking property discounts… even if the price is absolutely not negotiable!</li>
</ul>
<p>Have you missed the podcast? Listen it at <a href="http://itunes.apple.com/au/podcast/creative-real-estate-podcast/id448267625" target="_blank">http://itunes.apple.com/au/podcast/creative-real-estate-podcast/id448267625</a></p>
<p>Don’t miss further episodes. Subscribe at <strong><a href="http://www.creativerealestate.com.au" target="_blank">http://www.creativerealestate.com.au</a></strong> and get latest updates and transcripts to your inbox.</p>
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		<title>How To Get What You Want In Any Negotiation!</title>
		<link>http://www.rickotton.com/how-to-get-what-you-want-in-any-negotiation</link>
		<comments>http://www.rickotton.com/how-to-get-what-you-want-in-any-negotiation#comments</comments>
		<pubDate>Tue, 05 Jul 2011 06:45:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=1548</guid>
		<description><![CDATA[Amazing report reveals secrets to achieving your million-dollar property goals - Learn how you can get ANYTHING you want! No details required. It&#8217;s all YOURS FREE! Download Your Copy Here If you like It? Then why not share It? If you think I made the world a better place by creating this report and making it available totally FREE, then [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><!-- p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} --></p>
<p><span style="font-size: large;">Amazing report reveals secrets to achieving your <em>million-dollar</em> property goals - Learn how you can get <strong>ANYTHING</strong> you want!</span></p>
<div id="attachment_1550" class="wp-caption aligncenter" style="width: 177px">
	<a title="The Habits of Master Persuaders" href="https://s3.amazonaws.com/Promo/How+To+Get+What+You+Want+In+Any+Negotiation-NEW.pdf" target="_blank"><img class="size-full wp-image-1550" title="How To Get What You Want In Any Negotiation" src="http://www.rickotton.com/wp-content/uploads/2011/07/How-To-Get-What-You-Want-In-Any-Negotiation.png" alt="How To Get What You Want In Any Negotiation" width="177" height="205" /></a>
	<p class="wp-caption-text">How To Get What You Want In Any Negotiation</p>
</div>
<p style="text-align: center;"><span style="font-size: medium;">No details required. <strong>It&#8217;s all YOURS FREE!</strong></span></p>
<p style="text-align: center;"><span style="font-size: 40px;"><span style="text-decoration: underline;"><span style="font-size: xx-large;"><strong><a href="https://s3.amazonaws.com/Promo/How+To+Get+What+You+Want+In+Any+Negotiation-NEW.pdf" target="_blank">Download Your Copy Here</a></strong></span></span><a href="https://s3.amazonaws.com/Promo/How+To+Get+What+You+Want+In+Any+Negotiation-NEW.pdf" target="_blank"><strong> </strong></a></span></p>
<p><span style="font-size: large;">If you like It? Then why not share It?</span></p>
<p><span style="font-size: large;">If you think I made the world a better place by creating this report and making it available totally FREE, then why  not do your friends a favour and spread the word to them?</span></p>
<p><span style="font-size: large;">They would LOVE you for it (and so would I!)</span></p>
<p><span style="font-size: large;">Click the &#8216;<strong>Facebook Like</strong>&#8216; button to share this report!</span></p>
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		<title>The Three Golden Questions Of Negotiation</title>
		<link>http://www.rickotton.com/the-three-golden-questions-of-negotiation</link>
		<comments>http://www.rickotton.com/the-three-golden-questions-of-negotiation#comments</comments>
		<pubDate>Wed, 29 Jun 2011 05:07:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=1301</guid>
		<description><![CDATA[The first question you might ask the seller is why they would want to do anything. That is, why would they want to move out of the house, why did they call you today, why do they want to move into this other house and why do they want to do anything. So first you [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>The first question you might ask the seller is why they would want to do anything. That is, why would they want to move out of the house, why did they call you today, why do they want to move into this other house and why do they want to do anything. So first you need to understand the why and then you need to understand the importance of that to them. This allows you to see if it is really important to them or if they are just making that up. By finding out if it is important to them it moves your sellers thinking and the why and helps you to determine that what they have just brought up is their underlying problem. Asking the right questions is one  of the most powerful <a href="http://www.rickotton.com">persuasion techniques</a>.</p>
<p>There are three questions you can use to do this and they are;</p>
<ol>
<li>Why do you want to do that?</li>
<li>Is it important to you?</li>
<li>Why is it important to you?</li>
</ol>
<p>People might say to you that the questions “Why do you want to do that” and “Why is it important to you” are the same questions. Now they are similar but not the same. You ask the seller, “Why do you want to move out of the house?” then you ask “Is moving out of the house important to you?” then you ask “Why is moving out of the house is important to you?” By doing this you are reconfirming in their mind that what they have just told you is important and it’s true. The reconfirming question of “Why is it important to you?” cements into the sellers mind that what they have said is important and has emotional strength around it. These are the three golden questions that have been asked of people for 30 to 35 years.</p>
<p>Quite often people will come to you with their problem (and remember, if they didn’t have a problem they wouldn’t be coming to you in the first place) and you need to find out the problem through asking the why questions.</p>
<p style="text-align: center;"><strong>Give me two days in August 2011 AND I’ll show you how you can maximize your profit when you buy and sell property by effortlessly converting prospects into instant sales!</strong></p>
<p>&nbsp;</p>
<ul>
<li>At “The Habits of Master Persuaders Training event you’ll be shown:</li>
<li>How you can effortlessly sell without feeling like “used car salesman”</li>
<li>Identify and overcome invisible obstacle that can delay your sale</li>
<li>17 identified behaviors that you can use immediately to generate money now</li>
<li>How to determine if you have the right vendor for a “no money down transaction”</li>
<li>Advanced training – how to have a “no objection” sale with your seller and buyer</li>
<li>How to unlock the right questions that convert to immediate sales</li>
<li>Why you should stop selling to needs</li>
<li>How you can self diagnose your sales performance and how to improve it</li>
<li>How to identify the ways your property sale can be sabotaged</li>
<li>More magic words, phrases and scripts so your prospect will easily say yes</li>
<li>How to turn your gut feeling into something you can understand</li>
<li>How to make sure your on the upside of a negotiation</li>
<li>How listening differently can increase your sales conversion and empower you</li>
<li>Even if you’ve never sold a cupcake at a school fete we’ll unlock the mysteries behind a successful sales transaction so you convert your sales training to dollars</li>
<li>Plus much more!</li>
</ul>
<p>Become a MASTER PERSUADER!! Register for TWO days training event on 9th and 10th August, 2011 in Sydney, called the “Habits of Master Persuaders” where you can fast track your income and maximize your profit for every transaction.</p>
<p><strong><a href="http://www.mastersofpersuaders.com.au/" target="_blank"><span style="font-size: large;">Register NOW</span></a></strong> and get FREE Bonus.</p>
<p>Hurry!! Very few seats remained…</p>
<div class="wp-caption aligncenter" style="width: 342px">
	<a href="http://www.mastersofpersuaders.com.au/" target="_blank"><img title="The Habits of Master Persuaders" src="http://www.rickotton.com/wp-content/uploads/2011/06/habits_of_master_persuaders.jpg" alt="The Habits of Master Persuaders" width="342" height="150" /></a>
	<p class="wp-caption-text">The Habits of Master Persuaders</p>
</div>
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		<title>Is Home Ownership An Elusive Dream For Generation Rent?</title>
		<link>http://www.rickotton.com/is-home-ownership-an-elusive-dream-for-generation-rent</link>
		<comments>http://www.rickotton.com/is-home-ownership-an-elusive-dream-for-generation-rent#comments</comments>
		<pubDate>Fri, 17 Jun 2011 06:56:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=1290</guid>
		<description><![CDATA[Generation Rent – A new word is being used across various media for those Australians who will prefer to rent over owning a home. Research shows that first time Australian home buyers are delaying their decision to buy a property due to heating property prices and increasing landing rates by Banks. In 2011, the number [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Generation Rent – A new word is being used across various media for those Australians who will prefer to rent over owning a home.</p>
<p>Research shows that first time Australian home buyers are delaying their decision to buy a property due to heating property prices and increasing landing rates by Banks. In 2011, the number of people taking home loan is lowest since 1994. Generation Rent is more conservative and then prefer to live in a rental property rather than buying one.</p>
<p>A recent report by REIA’s house affordability report indicates that NSW is one of the highly unaffordable areas in Australia for the past 15 years. Aspirant home buyers will have to cough up as high as up to 34.5% of their annual income for the home loan repayment which is the highest across Australia as well as higher than national average too.</p>
<p>Number of first time home buyers declining since 2009. High prices of homes as well as government had ended the subsidized home loan rates.</p>
<p>Even people with steady jobs and qualifications are not confident if they would be able to buy a home or not. Many young people are living in sharing basis and saves money. Many of them are waiting for their parents to inherit their parent’s property.</p>
<p>The same attitude is everywhere across Europe as UK too. A report from Britain’s Independent Newspaper said that they have done a survey of 8000 people in the age group of 20-45 and found that ¾ people would like to buy their first home but 64% from them believe that they are not earning enough to afford a home. With this current trent in the property market, more and more people are embracing the concept of <a href="http://www.rickotton.com">creative real estate</a> and are succeeding with it!</p>
<p style="text-align: center;"><span style="text-decoration: underline; font-size: large;"><strong>To Learn More Join Us At Fast Property Training</strong></span></p>
<p>Where You Will Get Instant Access To:</p>
<ul>
<li>A private closed forum, where you can chat and train with me on my ground breaking, positive cash flow property strategies – Including buying a house without a bank!</li>
<li>You can ask me how to put your property transactions together!</li>
<li>Participate in private monthly online training hosted by me!</li>
<li>Access training webinars, teleseminars and videos that previously only a select group of my mentoring students have received!</li>
</ul>
<p style="text-align: left;"><strong>OVER 300 MEMBERS</strong></p>
<p><span style="font-size: large;"><strong><a href="http://www.fastpropertytraining.com" target="_blank">Click Here</a></strong></span> to get instant access.</p>
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		<title>Rising Interest Rates in Australian Market May Create More Defaulters</title>
		<link>http://www.rickotton.com/rising-interest-rates-in-australian-market-may-create-more-defaulters</link>
		<comments>http://www.rickotton.com/rising-interest-rates-in-australian-market-may-create-more-defaulters#comments</comments>
		<pubDate>Wed, 08 Jun 2011 11:50:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://www.rickotton.com/?p=1284</guid>
		<description><![CDATA[According to a global rating agency, the number of Australians who are not capable of paying their mortgage repayment on time hits a record high. Fitch Ratings, a global rating agency says the number of Australian borrowers falling behind on repayment by 30 or more days climbed from 1.4% to 1.79%. Real estate investment companies [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>According to a global rating agency, the number of Australians who are not capable of paying their mortgage repayment on time hits a record high. Fitch Ratings, a global rating agency says the number of Australian borrowers falling behind on repayment by 30 or more days climbed from 1.4% to 1.79%.</p>
<p><a href="http://www.rickotton.com">Real estate investment companies</a> have been taking the blow of the rising interest rates and according to the agency one of  the reason for the significant Queensland floods and other natural disasters and increasing interest rates will worsen the situations.</p>
<p>Rating agency is still positive as the market is not as bad as Europe and US. First quarter of the year was tight for borrowers due to significant expense during Christmas and holidays. Cyclone Yasi, Queensland and Victorian floods worsened the situation a lot.</p>
<p>In a recent message to the public, Ric Battellino the deputy governor of the Reserve Bank of Australia said that borrowers were resilient and arrears rates were low as compared to international market. He added that Australians are now more cautious at borrowing than in the past 15 years when households became increasingly in debt.</p>
<p>He also said households are now borrowing at a slower rate and saving more but there was a raising concern that some of these at least may had over committed themselves financially in order to enter the market and are now vulnerable to rising interest rates.</p>
<p>The Reserve Bank is expected to lift interest rates again before the end of the year.</p>
<p style="text-align: center;"><span style="text-decoration: underline; font-size: large;"><strong>To Learn More Join Us At Fast Property Training</strong></span></p>
<p>Where You Will Get Instant Access To:</p>
<ul>
<li>A private closed forum, where you can chat and train with me on my ground breaking, positive cash flow property strategies – Including buying a house without a bank!</li>
<li>You can ask me how to put your property transactions together!</li>
<li>Participate in private monthly online training hosted by me!</li>
<li>Access training webinars, teleseminars and videos that previously only a select group of my mentoring students have received!</li>
</ul>
<p style="text-align: left;"><strong>OVER 300 MEMBERS</strong></p>
<p><span style="font-size: large;"><strong><a href="http://www.fastpropertytraining.com" target="_blank">Click Here</a></strong></span> to get instant access.</p>
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