RECLAIM, RESTORE &

REBUILDA Real Estate Company

with a Purpose

Oh no, another real estate company

Yes….we are! This is a service plan offered to banks to

help them manage their recently increased portfolio of foreclosures. The services are bundled as an: evaluate, repair, and sell service. Even though the service is marketed to the banks, it is designed to essentially aid homeowners in purchasing affordable turn key homes.

But we are different…

This is a pilot program that was created out of necessity by a group of realtors and contractors that saw the need to resolve the foreclosure crisis.

•Accurately assessing the banks portfolio of current real estate holdings•Determine what properties will positively/and or negatively affect the bank and eliminate the properties that are not logistically worth holding

oTrading properties with other banksoSelling properties at short sale prices to eliminate further losses

•Remaining properties will be carefully inspected and evaluated on how to frugally renovate and prepare them as “turn key” properties•Renovations that occur will be done by licensed contractors on a unique pay scale which will effectively lower the initial cost to the banks( therefore more properties will qualify)•While the properties are being renovated, first time buyers will be simultaneously located so the property can be immediately occupied after the renovations are complete, reducing the number of vacant homes•Unique loan program is set up so the bank has a “security deposit” if the buyer defaults on the loan. If the buyer stays current on the payments, the money is theirs after 5 years.•After the successful closing of the property, contractors will be paid as well as our company.

This pilot program will accomplish many different objectives. It will decrease the number of foreclosures. It will effectively provide work for independent contractors. It will be a low cost initial investment to the bank. It will take houses out of the investment portfolio and back into home ownership, which is where a property belongs. Once this program establishes a reputation for its success, it can be a model for other financial institutions around the country.

Mission StatementOur goal is to reduce the number of foreclosure properties that are plaguing our communities. We will provide lending institutions with the means to reduce the size of their foreclosure property portfolio. We do not claim to eliminate all of the foreclosures in the future, but we will create a manageable number that the lending institution can successfully manage without outside interferences. We will strive to do this at minimal cost to the community, lending institution and most of all, the new homeowner.

Our VisionHome ownership has always been a vital part of the American dream. Due to the boom and bust in housing speculation, the public’s perception of a home has changed. They are now perceived as a risky investment. Our goal of a company is to not even view a house as an investment, but to view the property as a home. We want a home to be considered a safe haven where a person can come home and relax with their family after a hard day of work, have a family dinner and settle in for a relaxing evening in “their” home.

General Product-RE-claim, RE-store and RE-build REALTY

Homes are being “returned” to banks in record numbers, the banking industry has been forced into a new business of managing real estate.

Another problem that the banks are facing is the property is empty, which means it is a more likely candidate to fall into disrepair. Unlike other items, such as cars or electronics, a home actually will increase in value when it is used.

What Bundled Services Do We Offer?

RE Assess

RE EvaluateRE Pair

RE FurbishRE Build

RE Sell RE Cognize long, tough, road, ahead

Target Markets

first target market is obviously the banks or financial institutions

competent, ethical contractors The buyer is another market that will be

targeted the homes are carefully chosen

Market Potential

Sadly, there is a huge need for our service.

The bank does not need to hire three salaried employees that expect benefits and three weeks of paid vacation

Our goal is to perform so efficiently that we outlast the final stage of decline in the market lifecycle.

Promotion

Once we gain even one account, the success of our team will promote itself.

We want to be copied and emulated by other management teams.

This program was created to jumpstart the economy for the realtors, the builders, the contractors, the banks, and everyone else that has been affected by the housing bubble.

Financials

Bottom line, how does everyone get paid?

Instead of concentrating on how people are paid, let’s briefly look at all of the people that are not getting paid when a home is vacant and in foreclosure.

Foreclosures means Moreclosures

The city- no taxes, no garbage pickup

Banks- no mortgage means less income

Utilities-usually the utilities are shut off

Smaller guys Hardware Store Cable Company Chemlawn…ok…who cares???? And so on… and so on… and so on…

Instead of focusing on the negative financials,

let’s focus on how to effectively pay all of these people again.

Financials of the Homebuyer

This is the most groundbreaking aspect of the program.

This will encourage banks to once again lend money

“funded replacement reserves”

SWOTStrengths WeaknessesCreative solution(money) Convincing all parties to co-

operate can be difficult

Trading properties(creative again) Many homes still unaccounted for

New Loan System Do people have extra money for escrow?????

SWOTOpportunities Threats

Reach out and help many businesses and members of the community

No job in 3-4 years for our company GOOD!!!

Help out the lending institution

There better be enough money to pay everyone in the end. The bank is the last organization that will be paid in this endeavor and if they have to accept a short sale, than they must accept a short sale

We want this market to change. We can, if we work together. We can effectively put this country back together. We must remember that a house is not a commodity on Wall St., but it is a home, on our streets, in our communities, affecting our lives

So let’s work together to

Reclaim, Restore and Rebuild …

for Real!