March 2011
Letter from the Chairman:
The economy is getting better, albeit at a slower pace than many of us would like. The time is now to buy real estate as prices have hit bottom. If you are waiting for the right time, now is that time. There are great developed and undeveloped real estate opportunities throughout St. Charles County.
Income producing rental properties that generate a positive cash flow can be a great investment and there are plenty available. You can find some excellent deals on our bank owned properties. You can view our available investment opportunities by clicking the link on our home page. There are several properties generating a rental income of $800 or more a month that are listed at less than $60,000. Now is the time to buy!
Interest rates can’t be holding back your decision to invest in your future. They are at the end of the lowest period I’ve seen in my lifetime, and that is longer than I care to admit. Soon we will be kicking ourselves for not taking advantage of the opportunities of today while these record low rates are available.
Who says banks are not making loans anymore?? New Frontier Bank continues to look for opportunities to lend money to credit worthy applicants. We specialize in helping our local residents and St. Charles County owner operated businesses achieve their financial goals. By having your banking decisions made locally you get that advantage of faster turnarounds and one-on-one time with key decision makers.
I believe that 2011 is the transition year and you don’t want to be looking back trying to remember why you didn’t invest when the time was ripe for opportunity.
Make 2011 your breakout year!
Thanks!
Joe Crenshaw
