The current economic climate has opened some very unique and historical opportunities. You have probably heard of the large number of foreclosed properties sitting on bank balance sheets. But what you may not have realized is that the FDIC represents one of the most motivated real estate sellers in the market right now. So far this year, there have been 100 banking institutions which failed and were taken over by the FDIC. The number continues to grow and may actually be higher by the time you read this. As the FDIC takes control of many of the assets on the books of these failed banks, foreclosed properties are being offered to the public at fire sale prices. Recently, the FDIC issued a report which stated that an additional 111 institutions have been added to its "black list." These institutions are being closely monitored and many will represent additional failures. The bottom line? The FDIC is running out of capital to insure these banks and needs to sell assets off it's books as quickly as possible! During the fourth quarter I expect an onslaught of real estate assets to be sold by the FDIC to the public. While the bargains will likely be historical in nature, buyers will need to be ready to act at a moments' notice and transactions will hit the closing table within weeks. The opportunity is incredible, but many would-be investors will miss out because they do not have their capital in place to take advantage of the deals. Ashford Capital Partners, Inc. has positioned itself to be a major beneficiary of these opportunities. Our firm has created investment vehicles which purchase these real estate bargains at pennies on the dollar. Our goal is to then sell these properties for a substantial profit when market conditions rebound. Time is running out. These deals will not likely be available in a few short weeks. Please call me today so that we can discuss how Ashford Capital Partners Inc. can be your resource for taking advantage of today's historical opportunities. Sincerely, Matthew J. Riedemann Founder, President,&Managing Director Ashford Capital Partners, Inc. 678-881-0830 ...read more
By Ashford Capital Partners, Inc. October 28, 2009
KENNESAW, GA. (February 27, 2009) - Ashford Capital Partners, Inc. is a metro Atlanta-based real estate company that invests in low risk, high return, strategically located, real estate assets in the Southeastern United States while emphasizing within Georgia. Ashford builds long-term relationships with its private and institutional investors by offering a preferred annual rate of return plus profit sharing. Ashford Capital represents an ideal investment vehicle for investors because of limited downside risk that is typically associated with stocks, bonds, or other equity investments. Ashford announced its pending acquisition of a distressed real estate portfolio of properties in metro Atlanta on February 25, 2009. Through its private investor network Ashford is acquiring this portfolio at a substantial discount to even todays depressed asset pricing. Ashford portfolio includes real estate assets throughout the Southeast. Ashford's offices are in Kennesaw, Georgia. For more information please visit: www.AshfordCP.com or contact Matthew J. Riedemann, Managing Partner, at (678) 881-0830. ...read more
By Ashford Capital Partners, Inc. February 27, 2009
KENNESAW, GA. (February 25, 2009) - Ashford Capital Partners, Inc. ("Ashford") is under contract to acquire a distressed real estate portfolio of properties in Metro Atlanta. Through its private investor network Ashford is acquiring this portfolio at a substantial discount to even todays depressed asset pricing. Ashford portfolio includes real estate assets throughout the Southeast. Ashford's offices are in Kennesaw, Georgia. For more information please visit: www.AshfordCP.com or contact Matthew J. Riedemann, Managing Partner, at (678) 881-0830. ...read more
By Ashford Capital Partners, Inc. February 25, 2009
Hancock Investment Services is a subsidiary of Hancock Bank. The bank originated in October 9, 1899 as a community bank in Bay St. Louis, Mississippi. The bank created Hancock Investment Services to provide a variety of investment products to help citizens reach their financial goals.&... ...read more
Building societies developed in England during the 1800's. These building societies acted like a mortgage guarantee, except each member was guaranteed a home. Several people pooled their resources and lifted the first person into home ownership, this continued until everyone in the group purchased a h... ...read more