Archive for the ‘Foreclosure/Short Sales’ Category
Short Sales & Foreclosure Solutions
RECOGNIZE, A REAL ESTATE CREDITOR THAT HOLDS
“A SECURITY INSTRUMENT” I.E. A MORTGAGE OR DEED OF TRUST ON REAL PROPERTY IN PAYMENT DEFAULT HAS THE ABSOLUTE RIGHT TO MOVE FORWARD WITH A POTENTIAL FORECLOSURE PROCEEDING AND THE ULTIMATE SALE OF THE PROPERTY.
SHOULD THE REAL PROPERTY OWNER OF “SECURED PROPERTY” NOT SATISFY THE DEMANDS OF THE LENDER VERY LITTLE CAN BE DONE TO SALVAGE THE SALE, OTHER THAN ATTEMPTED RESOLUTION WITH THE LENDER.
“FAMILY LIMITED PARTNERSHIP”, (FLP), CAN PROVIDE PROTECTION OF ALL THE TANGIBLE AND INTANGIBLE, “NON-DANGEROUS” UNSECURED PERSONAL PROPERTY OF THE BESIEGED HOME OWNER.
PROTECTED PERSONAL PROPERTY CAN INCLUDE BANK ACCOUNTS, STOCK & / BOND PORTFOLIOS, CASH VALUES IN INSURANCE POLICIES, IRA’S, FURNITURE, MAJOR APPLIANCES, ELECTRONICS, SILVER, CHINA, COLLECTABLES, GUNS, COINS ETC. ETC.
“PASSIVE HOLDING ENTITY”, NOT DESIGNED TO HOLD “DANGEROUS ASSETS”, I. E. ANYTHING WITH WHEELS, PROPELLERS AND REAL ESTATE, ALL OF WHICH ARE DANGEROUS AND CAN GENERATE NASTY LITIGATION.
NEVADA REGISTRATIONS (NR) CAN CHARTER THE FLP IN 24 HOURS THEN ASSIST IN THE OPENING OF THE FLP’S BANK ACCOUNT TO HOLD AND PROTECT THE OWNERS FUNDS, THEN NEXT DAY ASSISTS IN THE TRANSFER OF THE OWNERS “NON-DANGEROUS” ASSETS INTO THE FLP.
IN SIMPLE LANGUAGE, TIMELY CHARTERING OF THE FLP, ASSURES YOUR ASSETS ARE SECURE.
PLEASE REVIEW OUR WEBSITES “ASSET PROTECTION” CHAPTER FOR FURTHER CLARIFICATION OF THE PROTECTIVE POWER OF THE FLP.
VERY IMPORTANT.
CAUTION MUST BE ADDRESSED TO THE “SHORT SALE”.
THE DISTRESSED OWNER IS IN A VULNERABLE AND PRECARIOUS SITUATION.
IN LAS VEGAS LANGUAGE, THE LENDER HOLDS ALL THE TRUMP CARDS.
WHAT IS OCCURRING IN MANY, MANY “SHORT SALES” IS THE LENDER TAKES BACK THE INDENTURED REAL ESTATE AND SELLS IT TO A NEW BUYER.
WHAT THE FORMER OWNER SELLER IS NOT TOLD, AND DOES NOT REALIZE, IS THAT HE IS STILL OBLIGATED BY THE INITIAL DEED OF TRUST AND NOTE.
THE ORIGINAL LENDER THEN HAS YEARS TO PURSUE THE SELLER.
THE SELLER CAN PRECLUDE THIS THREAT OF THE LENDER BY CHARTERING THE FLP VIA NEVADA REGISTRATIONS, INC.
AGAIN, CALL US 7 DAYS A WEEK TO FURTHER DEFINE THIS DEFENSIVE STRATEGY, 1-800-454-9674.
