Real Estate Professionals - Gary Mialocq & Associates - Vocational Rehabilitation Specialists

Mountain Wizard Marketing, LLC
presents the NARS Equity Holding Trust System™

Question: How many more sales would you have if all your Sellers were able to sell their property "subject to" the existing loan . . . WITHOUT triggering the Due-on-Sale Clause?

With our program, Your Sellers All Have "Assumable Loans"

Introducing the Land Trust to Realtors

Via a unique documentation system that utilizes the (Illinois-type) title-holding land trust model, Mountain Wizard Marketing and North American Realty Services, Inc., (NARS) are able to provide the professional real estate community a truly exceptional and safe vehicle for acquiring, selling and dealing with single-family Real Estate (1 to 4 units)...without standard down-payment requirements, without a new loan, without credit applications and/or credit history issues. Owner-Carry financing can at last be accomplished safely and conveniently without undue lender compromise relative to contractual transfer and alienation admonitions (i.e., in regard to the "Due-on-Sale Clause": see Garn-St. Germain 1982, FDIRA, 12USC 1701-j-3).*

What is a land trust?
The land trust has been in use in the United States since 1891 where it was created as an Illinois title-holding trust. It is a revocable, inter-vivos living trust. In the early 1900’s, at the request of one of its leading customers, Chicago Title Company perfected the asset protection and privacy features of the trust. Who was this important customer? Al Capone.

Why do we use a Land Trust?
The primary purpose of the trust is to provide its beneficiaries a practical, economical (and anonymous) alternative form of real estate ownership and use. It is used:

1) For estate planning and probate avoidance.

2) To hold property for the benefit of another.

3) For the ultimate in asset management and protection.

A land trust is easy to establish and inexpensive to maintain. It is a method of real estate ownership whereby a trustee holds legal title to real estate, while the trust’s beneficiary(s) have complete control over its management and the power to dispose of the property.

What does a Land Trust do?
It utilizes the “Doctrine of Equitable Conversion” to convert real property to personal property even though such ownership is characterized by the IRS for income tax purposes as ownership of real estate. This simple technique removes the property from being governed by Mortgage Law, and places it under the purview of the Uniform Commercial Code (UCC).

How is the Land Trust used as an Investment Vehicle?
The use of a “Land Trust” as a method of concealing ownership of property has gained enormous popularity. The real estate entrepreneurial community has latched on to the land trust as a creative method to convey interests in property without awakening the institutional “sleeping giant” - the infamous “Due on Sale” clause contained in almost all Trust Deeds and Mortgages held by Federal and State Chartered Banks. This opportunity exists when sellers of real estate are willing to remain on the existing loan and allow another party to assume all of the costs and tax benefits of the mortgage.

How is the NARS Equity Holding Trust (EHT) different from a Land Trust?
The EHT uses the land trust as its foundation to obtain the asset protection and privacy benefits, and combines it with a triple net lease and equity sharing for the ultimate in managing such a valuable asset as real estate.

Is the Equity Holding Trust a flexible vehicle for asset management?
Yes. Through its various permutations, it effectively accomplishes the purpose and all the objectives of:

· Lease Options

· Lease Purchases,

· Contracts for Deed,

· Land Contracts,

· Wrap-Around Mortgage schemes,

· Equity Sharing and even wholesale "flipping" and assignments.

And it does all of this without undue and/or notorious Due-on-Sale compromise...and without the specific necessity for new financing, credit strength or large cash requirement (if any at all). We at NARS pride ourselves in saying that we are well known for enabling Realtors to sell--with full commissions --'TO' people with minimal cash and credit without bank qualifying; and 'FOR' people who may have little or no equity in their homes...or for those who may be faced with bankruptcy, divorce, short-sale, foreclosure, forfeiture, mandatory liquidation or worse.

Does establishment of the EHT require a lot of confusing paperwork?
Have you applied for a mortgage loan lately? If you have, this should be a breeze. The Equity Holding Trust™ encompasses a combination of documentation including, but not limited to:

1) the Land Trust,
2) an Assignment of Beneficiary Interest,
3) a Co-Beneficiary Agreement,
4) a Triple-Net Possessory (lease) Agreement, and
5) a Limited and Revocable Power of Attorney.

Best of all, we can help guide you through the process step-by-step.

When was NARS established and what is your Track Record?
The NARS Equity Holding Trust™ model works exceedingly well for buyers, sellers, Realtors®, and investors alike. The various programs created and promoted by NARS have been employed successfully without legal incident or challenge with regard to IRS, lenders, or legal and accounting issues since the company's inception in 1984. NARS has, within the real estate sales and investment community, garnered a truly exceptional record and reputation for its professionalism and integrity, along with the integrity of the various Equity Holding Trust™ programs it promotes.

All NARS programs were specifically designed to enhance and protect all parties involved in any form of creative real estate financing, and to afford the most safety and least risk potential with regard to virtually any type of real estate letting, sale, transfer or acquisition. Through the use of the Equity Holding Trust™ ordinary cash and/or credit restrictions can be easily and comfortably dealt with, if not completely eliminated. A co-beneficiary owned Equity Holding Trust™ property is very solidly protected and shielded from actions associated with any party's: past bankruptcy; creditor claims and civil judgments; litigation in marital dissolution; Probate actions...and even state and federal income tax liens.

The NARS PACTrust is approved as continuing education for Realtors by the Dept. of Real Estate Continuing Education Cert. #3309 in California.

Full commission sales with minimal or no down. Earn thousands of $$$ in commissions for many customer services wholly unavailable until now.

You can offer your clients:

Quick Escrow — typically 2 - 3 weeks

Provide a legal, safe alternative to wraps (AITD’s), lease options, and/or land contracts.

Provide your client full re-sale or exchange (§1031) opportunity at termination (in most cases 3 to 5 years).

And rest assured; NARS will assist you with every detail.

Full commission sales with minimal or no down. Earn thousands of $$$ in commissions for many customer services wholly unavailable until now. Avoid turning clients away due to:

Low/no equity
Limited cash
Marginal credit
Self-employment
Recent bankruptcy
Short job experience

You can offer your clients:

Quick Escrow typically 2 - 3 weeks
Provide a legal, safe alternative to wraps (AITDs), lease options, and/or land contracts.
Provide your client full re-sale or exchange (§1031) opportunity at termination (in most cases 3 to 5 years).

There is an UNLIMITED wealth of willing and accessible buyers and sellers now available to you!!!

This is not magic, just a simple asset management technique designed to effectively provide the safest and most secure means of transfer of ownership interest.

For a recorded message briefly explaining the Equity Holding Trust (The PACTrust and the NEHTrust), please call Toll Free: 1-866-526-3878 and when prompted to do so, Key in Extension #101.

REALTOR TESTIMONIALS

"I’m amazed at how easy it has been to put more than 60 PACTrust™ families into properties who never dreamed they could enjoy the benefits of home ownership, especially without any down or bank qualifying."

- Mark & Sandy Kahn, Bkr/Owners Kahn Realty, Lancaster & Northridge, CA

"If I hadn't been a believer before … after a $57,000 Commission transaction that could not have happened otherwise … then I was. Believe me!"

- Vita Schneider, Associate Re/Max Realtors, Thousand Oaks, CA

"I am – as are all of our agents – absolutely thrilled with the immediate positive results and over $800,000 in additional commission income this program has brought us since we began using it."

- Bruce Barretta, Owner Suburban Realty,
Palmdale, CA

"This [concept] has allowed us to close large numbers of transactions which would have been lost to foreclosure or lease arrangements. We truly think PACTrust™is the ‘future’ of Real Estate."

- Bob Edwards, Bkr/Owner/CPA ERA Edwards, Oxnard, CA

MY TERMS

I'm making your client a Full Price Offer contingent upon them leaving the existing financing and equity in place for a 2-3 years. In return for a Full Price Offer, are your clients willing to do so?

The deal is written up similar to a lease option, and, as in a lease option transaction, your commission is deferred. However, in all of my transactions involving a Realtor, your commission is paid 1% upfront, 1% on a monthly basis, and 1% upon the end of the term of the Lease.

It's always a WIN-WIN situation.