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Daymark Realty Advisors Transforming By means of New Leadership Group and Reinvigorated Portfolio

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Santa Ana, CA (PRWEB) October 27, 2011

Since getting acquired in August 2011 by way of a partnership between San Diego-based Sovereign Capital Management Group and Infinity Urban Century, a New York City-primarily based investment affiliate of Infinity Actual Estate, Daymark Realty Advisors, Inc. has seen its portfolio of about 130 assets reinvigorated with new capital and a new leadership team of market specialists.

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According to Todd Mikles, CEO, Daymarks updated company objective is to generate capital solutions for each lengthy-term and brief-term ownership, as well as exit techniques via a fresh believed process and new capital. In addition, the leadership team is implementing an aggressive enterprise strategy to focus on stabilizing and recapitalizing Daymark properties, enabling them to survive in this difficult economic industry.

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Despite the obstacles had been facing with existing market place situations, weve been capable to make significant progress in a brief period of time, says Mikles. We really feel that the Sovereign and Infinity partnership has strengthened Daymarks competitive advantage by way of our combined true estate management experience and asset capital solutions.

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Daymarks Structured Finance group has effectively restructured more than 20 loans totaling almost $ 600 million in debt. The portfolio is special in the fact that it is comprised practically entirely of Tenant In Frequent (TIC) owned assets that are usually presented with important challenges in terms of their capacity to fund new capital to re-margin debt and/or fund future capital needs.

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Mikles adds that because any sort of loan modification requirements to be authorized by 100 % of all TIC owners of a house, this achievement price proves even much more impressive.

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About Daymark Realty Advisors, Inc.&#13

Daymark Realty Advisors, Inc. is 1 of the countrys leading providers of strategic asset management and structured finance solutions to private and institutional owners of commercial genuine estate. Daymark offers a fully integrated platform of solutions that concentrate on maximizing property value and functionality, and gives proven expertise in the repositioning of distressed assets, debt restructuring and home recapitalizations. From six offices all through the country, Daymark manages a nationwide portfolio of industrial genuine estate properties totaling around 33.three million square feet, which includes more than eight,700 multifamily units, valued at $ 4.9 billion based on purchase price tag. For much more details, visit http://www.DaymarkRealtyAdvisors.com or contact Jennifer Cho at (714) 975-2367.

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St. Louis-Primarily based American Realty Group Releases a Free Report For Location Property owners Headed Toward Foreclosure

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Saint Louis, MO (PRWEB) November 25, 2011

Joe LoPiccolo, Broker/Owner of American Realty Group, a real estate brokerage primarily based out of St. Louis County, right now announced the availability of a free, educational report for St. Louis property owners which will assist region residents comprehend their possibilities when facing foreclosure. The report, which was launched earlier nowadays on their website, will let homeowners to grow to be a lot more knowledgeable about the various options to foreclosure.

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A Certified Distressed House Expert (CDPE), LoPiccolo pointed out that the long-term implications of foreclosure can not be underestimated, and has created a report entitled, Want a Assisting Hand?

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Nationwide, ten.9 million or 22.five % of all property owners with a mortgage owe much more on their house than its worth in the current industry, and one more 6.three million are in some stage of foreclosure, noted Joe LoPiccolo of American Realty Group.

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The downloadable report, which can be accessed from http://www.stlshortsaleexperts.com, delivers St. Louis region home owners an easy to comprehend, however detailed informative list of often asked concerns and options for these who are facing foreclosure and are exploring extra possibilities. Any nearby homeowner in pre-foreclosure can advantage from reading the report and at the really least, commence producing essential choices on how they want to proceed with their lenders.

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As well often, the anxiousness connected with missed mortgage payments and the worry of placing trust into the wrong hands, causes home owners who are heading toward foreclosure to steer clear of in search of help or pursuing a quick sale, LoPiccolo mentioned.

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This community resource defines foreclosure alternatives, including quick sales, loan modifications and forbearance.

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The holidays are a time of joy and household, but for numerous in St. Louis, this is also a time of elevated financial strain, LoPiccolo stated. With this report, Im helping home owners in my community understand more about their options so they can have hope to carry them via the holidays.

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The report highlights the benefits of a quick sale, which occurs when the present market place value of a home is worth significantly less than what is owed on a mortgage and a true estate agent negotiates with the lender on behalf a financially strapped homeowner to accept a loan payoff that is less than the amount owed. Whilst lenders have been when reluctant to negotiate brief sales, the existing glut of foreclosed properties on their books has prompted an aggressive push to mitigate losses, and some are even paying property owners important money incentives to make a fresh start on their lives following the close of the quick sale, LoPiccolo explained.

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The report also information other foreclosure options such as mortgage modificationswhich is one more process that the federal government and trade organizations are pushing to be streamlined and how it has grow to be a viable resolution for each struggling home owners and lenders to locate frequent ground in this challenging housing environment.

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The CDPE Designation LoPiccolo has acquired offers real estate experts with particular understanding of the complex issues confronting distressed home owners. By way of extensive education and encounter, CDPE-designated agents are in a position to supply solutions for property owners facing financial hardship in todays industry.

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“Taking twenty minutes of your time and reading this report ought to be the first step”, LoPiccolo stated.

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About American Realty Group

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American Realty Group is a complete service residential true estate firm representing both purchasers and sellers in the Saint Louis and Surrounding Metropolitan areas with a specialization in St. Louis quick sales.

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Find out a lot more at: http://argrealestate.com&#13

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UFAN Legal Group Achieves Good results in Unlawful Detainer Representation

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Roseville, California (PRWEB) March 19, 2012

UFAN Legal Group lately won a landmark victory in combating an unlawful detainer brought by the Bank of New York Mellon against a California homeowner. The case, number CVL001156, was prior to the Merced Superior Court which granted UFANs motion to quash service of the unlawful detainer complaint. UFAN argued in its motion and at oral argument that the Merced court did not have jurisdiction to hear the unlawful detainer trial. The courts ruling was the most recent victory for UFAN in its efforts to fight for the rights of California property owners.

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We are incredibly pleased with UFANs outcomes as a result far, says the homeowner, Susan Jensen. All we want is for the banks to function with us and the other home owners who have been wronged.

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Mrs. Jensen and her husband Michael retained UFAN for litigation against Bank of America and Bank of New York Mellon this past summer season. A complaint was filed on their behalf and on behalf of quite a few other home owners on August 17, 2011 in Sacramento Superior Court (case number 34-2011-00109314). That case alleges quite a few causes of action which dispute the banks proper to title and the right to foreclose. The Jensens themselves had been led to believe that they were nevertheless getting regarded for a loan modification, which brought on the Jensens not to pursue obtainable legal action. Whilst in the modification approach and whilst promised foreclosure action was halted their house was foreclosed.

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UFAN based its motion to quash service of summons on the grounds that it is improper to hear an unlawful detainer action prior to a decision on the merits of the property owners claims against the bank. Due to the fact the unlawful detainer court is a court of limited jurisdiction and the proceedings are summary in nature, the complicated issues of title can’t be heard there. That is why those concerns have been brought in an limitless civil action exactly where they can properly be heard. To decide possession before a determination on the concerns of title frustrates due procedure. UFAN argued that it is necessary for the two actions to be heard in the identical proceeding and that the Sacramento court has already exercised exclusive jurisdiction. UFANs argument was effective and the Merced Court dismissed the pending unlawful detainer action.

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UFAN has faced an uphill battle in receiving unlawful detainer court judges to recognize that the unlawful detainer court does not have jurisdiction, and hence, ought to not authorize an eviction of a homeowner prior to that person has had their day in court.

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Even though quashing service of summons was a victory, the banks may nonetheless attempt to take the Jensens house in the short term. UFAN, even so, will fight every single step of the way for the Jensens and other customers who could face unlawful detainer.

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ABOUT THE UNITED FORECLOSURE Attorney NETWORK

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UFAN Legal Group, Pc dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm delivering mortgage litigation and other debt associated legal services. The dedicated attorneys and staff at UFAN function tirelessly to seek justice and fight for the rights of its consumers. For a lot more details get in touch with toll free 1-866-400-4242.

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This release could constitute lawyer advertisement. Kristin Crone, Esq. is the attorney responsible for this advertisement. The information in this release and on the UFAN web site (ufanlaw.com) is for common details purposes only. Nothing at all in this release or on the UFAN internet site must be taken as legal guidance. Prior successes are no assure of future efficiency. Litigation is inherently uncertain and final results in litigation are never assured.

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The Collingwood Group Announces Mortgage Industry Conference Get in touch with On the Subject of FHA Servicing Compliance

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Washington, DC (PRWEB) March 29, 2012

The Collingwood Group (Collingwood) is pleased to announce its second in a series of industry conference calls – FHA Servicing Compliance, being held on Thursday, April 12, 2012.

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This get in touch with will concentrate on FHA servicing compliance including how FHAs Top quality Assurance Division conducts on-website servicing compliance reviews and the sanctions they could request for violations of FHA specifications. As an example, requests for indemnification are not exclusively for loan origination violations but can also be levied against servicers. Senior consultants from Collingwoods Danger Management and Compliance Division will go over these topics and other typical findings from the QAD compliance reviews, as well as the loss mitigation waterfall and what documentation you want to retain to be compliant.

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There are many applications in spot – which are in truth mandated by FHA – to support mitigate losses, beginning with early intervention to aid market house retention, moving by means of different measures and alternatives like loan modification, and going all the way to foreclosure, when essential, said Brian Montgomery, Collingwood Group Chairman and former FHA Commissioner. How servicers can – and ought to – deal with these circumstances will be the principal focus of this market contact, with a purpose of offering details that is timely, insightful, and beneficial.

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The get in touch with, offered at no price to participants, will be led Brian Montgomery, who will moderate a discussion amongst Karen Garner, Collingwood Group Managing Director and former HUD compliance manager, and Earl Greer, Senior Consultant for Collingwood and former Field Monitor for FHAs Top quality Assurance Division.

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FHA has improved the number of on-website evaluations at servicers over the past many years. It is not unusual for a servicer with years of organization to be experiencing their initial FHA servicing overview, stated Garner. With elevated emphasis on servicing compliance by FHA, the CFPB, OCC and other regulators, now is the time to guarantee that you know what to count on and have policies and procedures in spot to minimize the risk to your firm.

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Collingwoods Danger Management and Compliance Division is sharing info on an ongoing basis with Collingwood clients and other sector colleagues. Its very first call FHA Enforcement: Myths, Misconceptions and Facts, focused on FHA Enforcement, Top quality Assurance and Inspector General testimonials, and the Mortgagee Evaluation Board. A summary of that call is accessible on Collingwoods web site at http://www.collingwoodllc.com.

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About The Collingwood Group&#13

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based organization advisory firm focused on increasing consumers companies, promoting revenue development and increasing investment returns. The firm is led by Chairman Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner, and Vice Chairman Joe Murin, former President and CEO of Ginnie Mae. Both played main roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to economic markets. The firms expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs Ginnie Mae securitization activities domestic and international secondary market activities and issues main and particular servicing full asset lifecycle vendor and talent management and all components of portfolio due diligence, acquisition, home management and asset disposition.

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Visit http://www.directeventreg.com/registration/occasion/64180522 for additional info on The Collingwood Groups April 12, 2012 conference call FHA Servicing Compliance or to register for the get in touch with.

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Ira Nash, MD, Named Executive Director of the North Shore-LIJ Medical Group

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Great Neck, NY (PRWEB) June ten, 2013

The North Shore-LIJ Health Program right now announced the appointment of Ira Nash, MD, as senior vice president and executive director of the North Shore-LIJ Healthcare Group.

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In this function, Dr. Nash will operate with the wellness systems administrative and clinical leadership as he leads the Healthcare Group. There are a lot more than 2,400 physicians in the North Shore-LIJ Health-related Group, creating it the sixth largest doctor group practice in the country.

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The Edgemont resident was previously the vice president and healthcare director of North Shore-LIJs Doctor and Ambulatory Network Solutions (PAANS). Before joining the health program, Dr. Nash held numerous senior positions at Mount Sinai Healthcare Center in Manhattan, including chief healthcare officer and senior vice president of healthcare affairs. He is board certified in cardiovascular ailments and internal medicine and is a fellow of the American College of Physicians, the American College of Cardiology and the American Heart Association. Dr. Nash is a professor of cardiology and population health at the Hofstra North Shore-LIJ College of Medicine.

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I appear forward to leading the Healthcare Group as the healthcare landscape continues to change, and preserve us focused on delivering accessible, attentive and high top quality patient care, Dr. Nash stated.

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Saveologys June four Job Fair Aims to Employ one hundred New South Floridians for Sales Group

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Margate, FL (PRWEB) Could 31, 2012

Saveology, a single of South Floridas fastest growing businesses, wants to quickly add 100 new personnel to its sales team. Nearby job seekers are invited to visit the companys technology campus in Margate for a job fair on June 4 from five:00 p.m. to 7:00 p.m. Saveologys offices are at 5259 Coconut Creek Parkway near the intersection of Coconut Creek Parkway and State Road 7.

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Saveology is seeking to employ men and women with prior sales encounter. The potential to speak fluent Spanish is a plus. The organization is specifically interested in interviewing candidates who have interacted with buyers in any of the following locations: satellite T.V., alarm solutions, loan modifications, valuable metals, debt settlement, auto warranties, credit repair, steel buildings, time shares, well being advantages, magazines or diamond blades.

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Employees of Saveology receive weekly pay, 401k plans, and healthcare positive aspects like vision and dental. Functioning in partnership with Fortune 200 firms, Saveology operates over 100 licensed web sites and sells a range of property solutions items to consumers.

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Candidates are asked to wear enterprise attire, and to bring at least three copies of their resume with them to the June four job fair.

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Saveology operates from a state-of-the-art, ten,000 square foot technologies campus modeled soon after offices a lot more usually discovered in Silicon Valley. It is aiming to hire 700 new staff over the subsequent three years.

Apollo Monetary Group Finding Actual Worth in Distressed Debt Investing

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New York, NY (PRWEB) October 10, 2012

For much more info&#13

Ricky Brava&#13

Dean Anastos&#13

http://www.apollofinancialgrp.com &#13

information(at)apollofinancialgrp(dot)com &#13

866 825 9350

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Apollo Financial Group finding real worth in distressed debt.

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Based in New York, the Apollo Economic Group is making a name for itself in monetary circles by dealing with distressed debt, far more particularly troubled mortgages.

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The business uses a proprietary formula to cherry pick default loans from beneath performing mortgages pools produced by some larger banks. Apollo buys such debts with two items in mind:&#13

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Attaining a substantial return on the investment&#13

Assisting the homeowner who is willing to operate items out on the default debt

According to Apollo CEO Dean Anastos, this creates a win-win for both Apollo and the homeowner.

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We can acquire these distressed debts for really appealing percentage on the dollar, he mentioned. Because we then have significantly less invested than the originating bank, have been in a position to perform with the homeowner to obtain a healthful return on investment. More than the years, history proves distressed debt investing has usually outperformed all other varieties of investment vehicles.

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DEBT INVESTING v. EQUITY INVESTING

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What sets Apollo apart from monetary institutions that make, buy and sell mortgages as a matter of practice is these firms are investing on the equity side of the transaction. By investing in the debt, Apollo does not concern itself with upkeep of the property. Thats the home owners responsibility.

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The real alter is visible when a homeowner is not capable to meet the terms of the original mortgage. Apollo is in a position to operate with the homeowner in approaches standard mortgage holders cant, so the homeowner has more incentive to pay off the debt. Loan modifications are much easier to make beneath a distressed debt sale. Most home owners will go to considerable lengths to keep their home, Mr. Anastos mentioned.

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Due to the fact the upfront investment is less, Apollo has room to operate with the homeowner to decrease the principal, the interest price or both.

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Apollo Senior Companion Ricky Brava said due to the fact this is the way distressed debt investing works, it tends to be a lot more secure than other investments.

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“As a specialist investor, the variables that always reign supreme are Security and ROI and distressed debt investing provides both, he said. At Apollo, we are major the way in this type of investing. Our track record shows we have a wholesome history of each ROI and keeping the initial investment safe.

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SECOND MORTGAGES

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Apollo buys 1st and second mortgages, understanding there is a greater threat connected with a second mortgage. Due to the fact of this, the terms to acquire such debts are usually a lot more eye-catching also.

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If you can acquire the second mortgage at a sharp discount, then you clearly have much less invested than the company which produced the second mortgage. Because you have less invested, you can take significantly less in monthly payments and nonetheless understand a satisfactory profit, Mr. Anastos said

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Apollo buys and sells distressed debts. These mortgage notes are supplied to registered clients. For a lot more details about purchasing and promoting mortgages or the distress debt enterprise in common, go to their Distressed Debt trading website. You may possibly also pay a visit to them at their Facebook page .

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For much more data pay a visit to http://www.ApolloFinancialGrp.com or contact 866 825 9350.

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Tampa Motorcycle Accident Lawyer from Disparti Law Group, P.A., Calls for Safety Awareness on Ride to Operate Day

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Tampa, FL (PRWEB) June 07, 2013

Tampa individual injury lawyer Larry Disparti says the upcoming National Ride to Function Day must bring focus to Florida residents who are employing motorcycles and scooters for their every day commutes as well as the require for car drivers to safely share the road with them.

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Because 1995, National Ride to Work Day has been observed on the third Monday in June. The nonprofit Ride to Function organization, which sponsors the event, promotes employing motorcycles and scooters as fuel-effective every day transportation instead of as recreational autos.

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Although its wonderful to promote riding motorcycles as an alternative of vehicles to save income on gas and for several other motives, we need to have to make sure that we are advertising safety awareness as nicely, Disparti mentioned. We dont want a rise in motorcycle use to be accompanied by a rise in motorcycle accidents. Our firm has seen how devastating these accidents can be.

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Disparti is the founder of Disparti Law Group, P.A., which represents victims of motorcycle accidents in Tampa and across Florida. His firm assists injured motorcyclists and their families to recover compensation by way of the at-fault drivers insurance coverage and, in some circumstances, by means of the motorcyclists own insurance coverage policy.

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The lawyer pointed to an April 24, 2013 report by the Governors Highway Safety Association, projecting a 9 percent improve in motorcyclist deaths in 2012. If those numbers hold correct, the GHSA reports, then motorcyclist fatalities will have enhanced in 14 of the last 15 years.

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In order to make the roads safer for motorcycle riders and their passengers, we need to educate vehicle drivers about sharing the road, Disparti stated. The reality is that many of the injured motorcyclists our firm has assisted have been the victims of careless automobile drivers.

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Disparti stated auto drivers need to comply with ideas provided by the National Highway Site visitors Security Administration during Mays Motorcycle Security Awareness Month, such as:&#13

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The Karten Group gets Mortgage Balance of $196,414 forgiven by lender on Mountains Edge Brief Sale for Las Vegas Homeowner

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Las Vegas, Nevada (PRWEB) July 02, 2012

The Karten Group at Rothwell Gornt, Las Vegas Realtors who specialize in assisting distressed home owners, have successfully closed an additional short sale, relieving the home owners of almost $ 200,000 in damaging equity.

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Mark Karten, who negotiates with every lender personally mentioned, “This is a clear example that shows no two brief sales are alike. These property owners were relocated to California and decided to rent out their residence, hoping the market would turn around.” Karten continues, “Following 3 years of paying the distinction every single month and contemplating letting it go to foreclosure, they finally reached out to us for support.”

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“Homeowners no longer living in their house nonetheless have the chance to short sale, even if it really is tenant-occupied or vacant. Investor suggestions differ from lender to lender, so it really is essential to meet with an seasoned quick sale listing agent.”

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Karten says, “Banks prefer brief sales over foreclosures, which saves them tens of thousands in further legal costs and maintenance fees. As well a lot of distressed homeowners continue to think their property will have constructive equity in the close to future. The truth is that a quick sale is the lifesaver they’ve been waiting for – however many continue to ignore the indicators.”

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A brief sale is a complicated transaction and Karten holds many quick sale designations and certifications along with his encounter in countless short sale closings. “The peace of mind that my clients feel soon after we close on their house is a single of my greatest rewards.” says Karten, “I wish everybody would reach out and seek advice if they’re experiencing any difficulty paying their mortgage, whether or not it is for a loan modification or a short sale.”

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There’s a misconception that short selling your residence will cost you funds. At The Karten Group, there are no charges, the bank pays the cost of promoting the home and in many circumstances, pays the homeowner to assist move to their new residence.

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About The Karten Group – Began in 2007, Mark Karten heads a team of Las Vegas Realtors who specialize in representing sellers and buyers throughout Las Vegas and Henderson. Mark Karten is extremely trained to accomplish the ideal outcome for property owners. His designations and certifications incorporate Certified Distressed Home Professional (CDPE), Certified Foreclosure Alternatives Consultant (CFAC), Certified Quick Sale Skilled (CSP) and Quick Sale and Foreclosure Resource (SFR.) Even though headquartered in Las Vegas, the group serves the whole Las Vegas Valley, like North Las Vegas, Summerlin, Rhodes Ranch, Mountains Edge, Green Valley, Henderson and Lake Las Vegas.

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The Karten Group has negotiated profitable brief sales for home owners with loans from Bank of America, Wells Fargo, Citi, Chase, GMAC, Seterus, Nationstar, Suntrust and a lot of other people.

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Apollo Monetary Group Lobbies Congress – Requests Assessment of Legislation Relating to Taxation of Loan Modifications

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New York, NY (PRWEB) October 31, 2012

by Bill Cooper Anderson

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For instant release

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Apollo Economic Group lobbies Congress to request review of legislation on taxation to the debt holder supplying loan modifications on acquired debt.

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Earnings tax law makes federal government complicit in home foreclosures against American property owners.

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A federal earnings tax law on loan modifications is producing mortgage holders and investors pay taxes for revenue they have not received.

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The law says any time loans like mortgages are modified, the modified loan may be subject to earnings tax. The tax has to be paid even though the modified loan has not generated the earnings getting taxed. This is known as a phantom earnings tax. The law is Title 26 of the IRS Code, 1.1001-3