The answer:” ABSOLUTELY I’ve done it, starting at the tender young age of 50, “proclaims Bill Gatten...
Real Estate Investor, Trainer, Speaker and Investor of the Land Trust Buying System known as the
PACTrust/NEHTrust buying system.
 
Land Trusts
 
 
 
 
 
 
Bullet Point Outline

The Landtrust.net PACTrust™
*A new, expedient and legally prudent transfer style wherein interest in a Title-Holding Trust is conveyed, versus involving the property's title

For the Buyer (Homebuyer or Investor)
All benefits of home-ownership without normal Down or Loan Qualifying
  • OWNERSHIP through a quiet assumption of ANY LOAN, with minimal due-on-sale compromise
  • INCOME TAX BENEFITS - All deductions for mortgage interest and property tax are yours.
  • LEGAL, SAFE AND QUIET - A "Subject-To," without the necessity of public notification, subterfuge, secrecy or "quiet" documentation
  • ASSET PROTECTION at its best (property protected best from creditor judgments, tax liens, and probate)
  • PROPERTY HIDDEN from actions in bankruptcy, marital dispute, and law suits
For the Seller (The Home Seller. Landlord or Investor)
Faster, simpler, and far Less costly disposition of the property
  • DISPOSITION COSTS CURTAILED -- Buyers, free of the "down payment burden," can pay ALL, or share-in most of, the closing-costs including RE commissions)
  • PRUDENT & MOST PROFITABLE - Eliminates the need for standard renting, leasing or optioning-out
  • EASY LANDLORDING - Eliminates costs of negative cash-flow, maintenance & vacancies
  • TAX DEFERMENT - A PACTrust™; transfer is a "contingent sale," possibly deferring capital gain for years. 1031 Like Kind Tax Deferred Exchange privileges can remain ntact
  • ASSET PROTECTION - The PACTrust™ may shield against tax-liens and creditor judgments
  • THE LOGICAL WAY OUT- A marvelous alternative to the Short-Sale or Foreclosure: wholly avoiding the lender approval process, and averting tax on debt-relief and major credit injury
For the Broker (Real Estate or Financing Professional)
Unlimited customers, perhaps wholly unseen and unavailable… until now
  • MORE COMMISSIONS - Clients needn't be turned away for: marginal or no credit; low, NO, or negative equity; self-employment; short job experience; or past financial failure (BK)
  • QUICKEST ESCROW - 3 weeks (comfortable); 2 weeks (common); 4 days (do-able)
  • LEGAL AND SAFE -A legally safer alternative to Wraps, Options, Land Contracts and Equity Shares (the same benefits, and then some…but without Due-on-Sale Clause compromise)
  • UNLIMITED BUYERS AND SELLERS - Countless ready buyers and properties await your call
  • HASSLE-FREE - Landtrust.net handles every detail: Buyer/Seller conferencing (all documentation from the Purchase Offer to final Escrow closing) and provision of the corporate trustee and payment collection and disbursement service. You can make the money and leave the paper work to us.


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