Jan. 26, 2009
For immediate release
Preston Parker President
123 Creative Way
Logan, Utah 84321
Abcrealestatellc.com
Real Estate Easy as ABC:
Company in Northern Utah Provides Options for Selling Homes in Unstable Economy
LOGAN, Utah – ABC Real Estate LLC is a new company in northern Utah that sells beneficiary directed equity holding land trusts instead of selling property. It offers a solution for those who cannot qualify for a mortgage as well as those who cannot sell their home in today’s faltering economy.
ABC Real Estate is the only company in northern Utah of its kind and can benefit all types of people. “We find buyers and sellers and we connect them with each other.” Said Preston Parker, President of the company. “In a market where houses are almost impossible to sell, we give people another option.”
The transaction requires four individuals: The buyer beneficiary is often someone who can’t qualify for a mortgage and the seller beneficiary is someone who can’t sell a home because of today’s plummeting market. Since the buyer doesn’t have the credit to qualify for a loan, the credit beneficiary comes in. Finally, the investor beneficiary finances the transaction. The general public can be any one of these beneficiaries. Once all four beneficiaries have been connected ABC Real Estate serves as the guarantor beneficiary and the middle man for the transaction.
The buyer pays trust contributions and the other beneficiaries receive trust retributions. Parker said, “If you’ve got money, it’s a way to make more money. If you have good credit it gives you an opportunity as well.” Rent is higher but if the buyer is able to keep up with the payments he will be able to build his credit score. If buyer is not able to make payments there are no foreclosures because the buyer must sign a contract saying that in such a situation he will move out. “What we want is for people to progress and advance,” said Parker. “We can help foreclosures and those who can’t qualify to buy.” When it comes time to sell the house each beneficiary receives a percentage.
ABC Real Estate was founded by Parker in 2008 with the help of his mentors who have similar businesses in Salt Lake City and California. The company handles real estate transactions by using land trusts. ABC Real Estate is currently patent-pending.
If you are interested in becoming a beneficiary you can contact ABC Real Estate by calling (8 01) 555-4567 or visiting 123 Creative Way in Logan.
For more information email michelle.jo@aggiemail.usu.edu.
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For immediate release
Preston Parker President
123 Creative Way
Logan, Utah 84321
Abcrealestatellc.com
Real Estate Easy as ABC:
Company in Northern Utah Provides Options for Selling Homes in Unstable Economy
LOGAN, Utah – ABC Real Estate LLC is a new company in northern Utah that sells beneficiary directed equity holding land trusts instead of selling property. It offers a solution for those who cannot qualify for a mortgage as well as those who cannot sell their home in today’s faltering economy.
ABC Real Estate is the only company in northern Utah of its kind and can benefit all types of people. “We find buyers and sellers and we connect them with each other.” Said Preston Parker, President of the company. “In a market where houses are almost impossible to sell, we give people another option.”
The transaction requires four individuals: The buyer beneficiary is often someone who can’t qualify for a mortgage and the seller beneficiary is someone who can’t sell a home because of today’s plummeting market. Since the buyer doesn’t have the credit to qualify for a loan, the credit beneficiary comes in. Finally, the investor beneficiary finances the transaction. The general public can be any one of these beneficiaries. Once all four beneficiaries have been connected ABC Real Estate serves as the guarantor beneficiary and the middle man for the transaction.
The buyer pays trust contributions and the other beneficiaries receive trust retributions. Parker said, “If you’ve got money, it’s a way to make more money. If you have good credit it gives you an opportunity as well.” Rent is higher but if the buyer is able to keep up with the payments he will be able to build his credit score. If buyer is not able to make payments there are no foreclosures because the buyer must sign a contract saying that in such a situation he will move out. “What we want is for people to progress and advance,” said Parker. “We can help foreclosures and those who can’t qualify to buy.” When it comes time to sell the house each beneficiary receives a percentage.
ABC Real Estate was founded by Parker in 2008 with the help of his mentors who have similar businesses in Salt Lake City and California. The company handles real estate transactions by using land trusts. ABC Real Estate is currently patent-pending.
If you are interested in becoming a beneficiary you can contact ABC Real Estate by calling (8 01) 555-4567 or visiting 123 Creative Way in Logan.
For more information email michelle.jo@aggiemail.usu.edu.
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