Wednesday, January 14, 2009

Draft press release

For Immediate Release

Date: January 14, 2009

Contact: ABC Real Estate

President, Preston Parker

Email: abcrealestatellc.com

Phone: 801-555-4567

ABC Real Estate LLC

123 Creative Way, Logan UT 84341

LOGAN Utah- ABC Real Estate LLC is the only company in northern Utah that handles beneficiary-directive equity-holding land trusts. Preston Parker, President of ABC real Estate LLC said he is looking for beneficiaries to invest in their project.

Parker said, “We want people to progress and advance. People can mange their credit and credit repot will look better. We are helping people improve their credit. Would you rather have 30% of profit or nothing?”

Parker said the company started August, 2008 in California. Handles real estate using land trusts. We find buyers and sellers and connect them to each other. We do it using. These were created to put assets, land, into trusts. Trustee will then own interest in the trust, their land. We can deal with real estate agents and private parties

Have four beneficiaries, seller beneficiary, investor beneficiary, credit beneficiary and buyer beneficiary. The beneficiaries decide what to do. If person, seller ben. wans to sell home, put it in trust. A buyer ben. Can step in and live their, they pay trust contributions. That money pays mortgage and taxes and the rest of money is kicked out to other beneficiaries. Rent is cheaper but if credit is bad, can live in a home they do not qualify for. Buyers can live in home, bring credit up, then qualify in buying home. Buyer has 10% interest, everyone else has 30% and so when the buyer sells they receive money back or can reduce price of house by 10% and buy it. Outside lawyer holds trust.

Preston Parker is Guaruntor Beneficiary. This is an innovative system to handel better credit. Insurance company/investor beneficiary will ..

Better than renter/landlord, you evict renters, 90 days

Lease options you evict and takes 3-6 months for foreclaosure.

With this contract you can have specific deadlines in contract, change case by case. This process is patent pending, the only one in Northern Utah. Investors. One other company like this in utah. Those who can’t afford a home, can’t sell or those who want to invest should come to the company. Everyone can benefit this.

5 comments:

  1. James-
    Like mine, yours has some fragments of sentences. So, I think we all have some sentences and ideas to finish so our releases are actually presentable! Great lead though! Really, you make the reader understand right away what the press release is going to be about. Donn't forget to add your contact info, and the --END-- notation at the end.
    Courtney

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  2. This looks really good. The things that I noticed were pretty small..... first the quote is well placed but I would probably end it at "WE are helping people improve their credit" and leave off the next part.
    Also, there were a couple of spelling errors that I noticed in the 4th paragraph. On the third line Cut doesn't need to be capitalized and their should be there.
    Finally, I couldn't tell what part was the boiler plate. you may want to define it more
    but overall you did an awesome job!
    -Maddie

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  3. James - Wow. This is good for how little time we had in class. It looks clear and well put together. Obviously you can tell it is still notes and fully finished. Watch out for the double space at the top if possible. I'll forward to getting more tips from your expertise later. Good job.

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  4. I meant to say NOT fully finished. Also I'll LOOK forward to getting more tips...

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  5. I agree with Chet, it is amazing you got that many ideas down and positioned where you wanted different paragraphs. This is a great skill to have and definately something I need to work on. There are a few grammer mistakes but I'm sure you will catch them while proof reading! Great job

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