January 22, 2008
FOR IMMEDIATE RELEASE
Bret Cob, President of ABC Real Estate, LLC.
123 Creative Way, Logan UT 84321
ABC REAL ESTATE INTRODUCES CREATIVE WAY TO SOLVE MARKET CRISIS
LOGAN, Utah – ABC Real Estate, LLC, developed by Bret Cob in August 2007 in Draper Utah, set up a beneficiary directed land trust to end the market crisis.
“There are four beneficiaries for my company, we are trying to make it so not only the wealthy benefit but the middle-class as well from real estate options.” Cob said.
The four beneficiaries include: the settler beneficiary, who is selling their property and able to contribute their home by putting it in a land trust; the credit beneficiary, who has the credit to take out a loan for the home and then receive monthly payments from the resident beneficiary; the resident beneficiary, who is able to live in a home with no credit, and then gain credit in the meantime; and the investor beneficiary who provides a down payment on the home and invests in the company.
ABC Real Estate is the company to guarantee this option will work. They also complete the paperwork and ensure an Insurance company, without using a bank.
“The great thing about this solution is everyone benefits and is able to use their assets to help this crisis.” Cob said.
Bret Cob wanted to start this experiment out locally first, but has plans for the future to make it national.