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Using the Mortgage Amelioration Program to flip properties
Use the Mortgage Amelioration Program to gain control of an upside down property, get the original loan is expunged, a new lean is created, then sell the
property at a discount, and make a nice profit to boot, with little cash out of pocket.
The great thing about the Mortgage Amelioration Program is the flexibility it has. You can gain control of an
over encumbered property with us, wait out the Mortgage Amelioration Program to complete, then resell the property for a nice profit.
This has an added benefit where the owner's credit is not dinged as it would be with a short sale.
Mortgage Amelioration Program
Ameliorate
(uh-mee-lee-uh-reyt), vb - to make or become better; improve
Amelioration
(uh-mee-lee-uh-rey-shuhn), noun - something that ameliorates; an improvement.
Mortgage Amelioration Program
- your mortgage (loan) is made or becomes better, an improvement over your current condition.
Please know with certainty that we will exert our best effort in seeking to
ameliorate the conditions under which you presently find your self:
At the completion of the Mortgage Amelioration Program, your assistance tendered and any inherent profit is returned.
The fundamental principal of the Mortgage Amelioration program is the "educated supposition" that a
large number of real estate loans, created by the banking industry in the last several years, were, at least in part, predatory in
nature and found to have several blatant illegalities, error and omissions in their construction and execution. It has been
found that many of the documents have been lost or destroyed in favor of creating the more convenient and legally protective
electronic mortgage recording system (MERS). This has left important documents unavailable an unenforceable under the law.
At this point, when an owner of a residential or commercial property elects to use the program, the
3-ARCK Capital LLC takes over and does a forensic audit of the mortgage. They then work with the owner to expunge the old
loan. When to process is complete, the property will be sold slightly discounted from appraised value. The Mortgage
Amelioration process takes 6 to 12 months to complete.
When the property is sold, you are paid in full.
What is in it for the Investor
When the property is ready to go into the Mortgage Amelioration Program, an Illinois type
land trust is created. You will be given about 10% beneficial interest in the property. The final value of your
beneficial interest will be determined by the sale price.
If we have a property come available, at the time the property ready to put into the process, you will receive a
notification. The notification will state the approximate current value, so, you can determine if it is worth your investment. As
always, it is your choice to accept or not any offer we send you.
There is no way to tell exactly what your return will be on any property. It is up to
the sold value after the old loan is expunged to determine the true value of you interest in the property.
You will be asked to contribute to the trust a refundable fee of $7,995 for each property.
Just a few examples of what you might expect as a return:
Homes value ~ estimated gross return ~ net return
$200,000 ~ $20,000 ~ $12,005
$250,000 ~ $25,000 ~ $17,005
$500,000 ~ $50,000 ~ $42,005
$1,000,000 ~ $100,000 ~ $92,005
$2,000,000 ~ $200,000 ~ $192,005
You can surmise that the higher end homes will be shorter in supply. Each time we
get a home ready to go, all will be notified. The first with the cash gets it.
The return on lower priced homes is less, but there are an abundance of homes available. You will get
more opportunities to put your money to work with the lower end homes than with the higher priced ones.
To enhance your opportunities to make this type of investment, you can find properties for this process.
The best is an property listed by owner as a short sale, where the owner is not in foreclosure. This is the easiest to complete.
If the owner is in foreclosure, it can be done, but takes longer.
Simply fill out the form below to get on our list for investment opportunities. Also, we can show you what you need to do to find properties on your own.
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