| Corporate Trusteeship |
| butterflylister |
| 8/20/2007 |
| We advocate the use of a bonded corporate trustee because... because a corporation cannot die and allow the land trust's corpus (assets) to end up in probate or subjected to estate taxation.because of their professionalism and experience...a....(more) |
|
| The Due on Sale clause: a peek at what some people believe |
| butterflylister |
| 8/15/2007 |
| By Bill J. GattenA letter to a client (not ours) from the Bank of America Dear _____________________,We received your request to transfer the above referenced property into a trust. In order for you to qualify for an exemption on the Due-on-Sale....(more) |
|
| Big fat "lies" to tell so you can have your way in the Creative Real Estate Business |
| butterflylister |
| 8/13/2007 |
| By Bill J. GattenHave you ever ridden a roller coaster? Did you ever stop to think why someone would that for the thrill of it, but they wouldn't want to ride in a rattling little jalopy going the same speed on a winding mountain road of the....(more) |
|
| Avoiding Landlord Cash Flow Woes |
| butterflylister |
| 8/8/2007 |
| By Bill GattenHaving owned dozens of income properties, in none of them have I laid out a dime for management, maintenance, repair, upkeep property, tax insurance or vacancies. Why not? Because each property is held in a title-holding land trust in which....(more) |
|
| ARMCHAIR LANDLORDING |
| butterflylister |
| 8/5/2007 |
| By Bill J. GattenSince the advent of the NARS Equity Holding TrustTM concept, some of us-in the know-have not laid out a dime for management, maintenance, repair, upkeep property, tax insurance or vacancies relative to SFR income properties. Why not?....(more) |
|
| Foreclosures-Good Bad Ugly |
| butterflylister |
| 8/2/2007 |
| Foreclosures-Good, Bad, Ugly?By Bill J. Gatten Obviously for some, working foreclosures is a safe, lucrative and wholly moral enterprise. One doesn't even have to have good credit or a lot of experience if done properly. However, my favorite way to....(more) |
|
| Find an Attorney who knows about Land Trusts |
| butterflylister |
| 8/1/2007 |
| Geo or Mercedes Benz? Is It Up To You or Up To Your AttorneyThe NARS Equity Holding Transfer SystemTM By Bill Gatten What would you think if you asked your auto mechanic if you should....(more) |
|
| Double Closing |
| butterflylister |
| 7/27/2007 |
| Double closings are no problem as long as the end buyer is bringing in cash. Most title companies deposit end money into an escrow account, pay of 1st seller funds, and then the difference to the middle investor. But the end buyer must bring cash. If you....(more) |
|
| THE EQUITY HOLDING TRUST TRANSFERTM (PACTRUSTTM AND NEHTRUSTTM) - A WHOLE ?NOTHER ANGLE ON THINGS |
| butterflylister |
| 7/22/2007 |
| By Bill J. GattenNorth American Realty Service, Inc.The NARS Equity Holding Trust TransferTM works like this: A. In order to create the safest disposition of a property for sale, wherein seller-carry financing is the mode of choice (e.g., due to....(more) |
|
| Can We Make BIG Bucks on Over Encumbered Properties? |
| butterflylister |
| 7/18/2007 |
| "When everyone is running North that might be a good time to walk South and see what they left behind." - A. LincolnAt each of my workshops I ask the question: "How many here enjoy buying houses for more than they're worth?"....(more) |
|
