For Immediate Release
BUYING AND SELLING HOMES MADE AFFORDABLE
Posted: 12:21 p.m. MST, September 18, 2007
ABC Real Estate LLC
921 Independence Street
Logan, UT 84321
435.233.1212
LOGAN, Utah – ABC Real Estate LLC, has introduced a new way to buy and sell real estate. This new way of real estate will make it affordable and simple for everyone in the community. “If someone wants to invest in real estate, this is the way to do it.” Bret Cob, President of ABC Real Estate LLC, stated.
ABC Real Estate includes three separate beneficiaries. Investor beneficiary, credit beneficiary, and resident beneficiary. The difference between other land trusts and ABC Real Estate is the credit beneficiary. The credit beneficiary buys a house and puts the money into a trust. If for some reason the credit beneficiary backs out, ABC Real Estate will purchase the house at a reduced rate. The resident beneficiary pays a little more in rent but receives tax breaks. When the resident strops renting, they receive 10 percent of the money in the trust. “I want people to get out of bad situations.” Cob states.
Houses purchased and sold by ABC Real Estate have been built in within the last five years. In the past these houses could only be purchased by the wealthy. Now, the middle and lower classes have the opportunity to live in the house of their dreams. “Personal interest is not the money, but in helping people out.” Cob States.
Kelly Rigby
123 Forest Drive
Logan, UT 84321
kjr1910@gmail.com
435.753.1910
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1 comment:
Great job second time around, very clear explination.
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