Released on = August 8, 2007, 9:48 am

Press Release Author = Ian Tenen

Industry = Financial

Press Release Summary = There are more houses on the market than ever before. Real
estate agents are telling us that it is a "buyer's market". If this is so, then why
are real estate agents looking for second jobs.

Press Release Body = According to recently released reports, real estate sales are
at a severe low. There are more houses on the market than ever before. Real estate
agents are telling us that it is a "buyer's market". If this is so, then why are
real estate agents looking for second jobs. Take as an example Anthony Mercadante
from Las Vegas, Nevada. He has taken a job doing marketing for a web based
promotions company. Why, because even in one of the fastest growing markets in the
country the homes have just stopped selling.

Have people stopped trying to buy homes for themselves? No. Have real estate
investors all of sudden changed their course and started investing in things like
maps that claim to lead to buried treasure? No. So where does the answer lay?

The standards of the lending industry have changed dramatically over the past six
months. A raise in interest rates which have caused many properties to go into
foreclosure status. What was once thought of as creative financing has now evolved
into a ship sinking under the weight of its own debt. In an effort to ward off fates
similar to American Home Mortgage Investment Corp. who has recently filed for
bankruptcy, lenders have taken outrageous steps like sending out blanket e mails to
mortgage brokers stating that if an applicant has two properties under their own
name they can simply forget about getting approved for a third or fourth property.

Even those with 750 plus FICO scores have experienced the pinch. Take James Hughey,
one of our nation's top business advisors, as an example. Recently he attempted to
purchase a second home. Even with strong personal credit and positive cash flow Mr.
Hughey had to answer a never ending series of questions; many of these not even
having to do with him or the property in question. The good news is that he was able
to purchase the home however; everything was still up in the air up until thirty six
hours before closing.

It is no longer possible to build even a modest real estate portfolio using your
personal credit in today's lending market. The cycle of refinancing and then
acquiring more property is now a fantasy. The solution to the problem rests in an
often untapped resource. Many investors and business owners have heard of the
benefits of incorporating. More and more of these people are discovering that by
building the credit of the entities that they have incorporated they are able to
purchase more properties and help their business grow. They are accomplishing
important goal: Separating their business's credit from their personal credit. No
longer are they judged by their personal score. Their business is able to not only
do more and return more money; it can purchase properties with mortgages all on its
own.

For more information visit Corpthis.com or FastTrackCredit.com or call 1-800-910-9919

Nevada State Corporate Network (NSCN) is a Full-Service Incorporating, Consulting,
Business and Asset Management firm providing creative turn-key solutions for today\'s
complex Tax, Privacy and Asset Protection issues. We have formed and operated NSCN
with you, the client, in mind. We strive to provide a complete range of services for
our clients. We specialize in personal services, and are always available to respond
to individual inquiries.

Web Site = http://www.corpthis.com

Contact Details = 2764 Lake Sahara Drive, Suite 111
Las Vegas, NV 89117
702-838-8599
800-910-9919
Fax: 702-838-5130
ian@corpthis.com