ABC Real Estate
January 21, 2008
FOR IMMEDIATE RELEASE
President Bret Cob
123 Creative Way, Logan UT 84341
New buisness seeks investors
LOGAN, Utah -- Getting more bang for your buck, is the guarantee of ABC Real Estate LLC. New to the Cache Valley region pres. Bret Cob of ABC Real Estate has developed a creative way of purchasing and processing homes that will put money back into investors pockets.
ABC Real Estate hit the Utah market back in August 2007 and experienced great success. Cob and associates are pleased to bring their company up from the Salt Lake valley to help anyone who would like to purchase a home and make some money at the same time.
"With the success we have had in Salt Lake we wanted introduce our services to the Logan area," Cob said. “We don’t care about making money but helping people get into homes.”
Cob and, his Logan business partner, Evan Nielsen are able to guarantee to any investor at least a 10 percent return on their investment but say 40 percent is more likely. ABC Real Estate uses a equity land trust system that employs four parties in a mutually benefiting relationship.
First ABC obtains properties from the settler party, or people interested in selling their homes. Second the credit party uses their good credit to take out the loan on the home. Then the investor party provides the down payment for loan, and finally the resident party lives in the home making the mortgage payments as rent. As the home appreciates in value each party receives a percentage of the profit.
The process can be complicated to understand, but that’s where Cob’s company comes in.
"We do all the legal paper work," he said. He can guarantee the credit payments are made on time each month by the resident, and since they have already acquired many homes in Logan they are excited to get going.
For more information about investing in this program contact ABC Real Estate.