Tag Archives: Transactions

Next Generation Trust Solutions adds New Personnel to Growing Roster to Handle Self-Directed Retirement Transactions

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Roseland, NJ (PRWEB) June 25, 2013

Next Generation Trust Services, LLC has been busy this spring, hiring two added personnel in May and June and welcoming a summer season intern to its Roseland, N.J. office. The administrator of self-directed retirement plans has been interviewing and hiring since January to keep pace with the improve in self-directed transactions and client inquiries about this retirement method.

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Joining the staff most recently are Marketing Assistant Kerry OBrien and Receptionist/Administrative Assistant Pascale Gervais. As with all personnel at Next Generation, each will be cross-educated in the region of transaction support to enable them to direct clients to the appropriate resources or answer inquiries about self-directed retirement plans and self-directed transactions. Other recent employees additions are Transaction Assistant Bill Wittler and Administrative Assistant Heather Lehne-Woolf.

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OBrien, who most recently did marketing for a non-profit organization and New Jerseys Liberty Science Center, has written marketing and advertising approach, conducted marketplace investigation and interpreted results, and has worked in public and press relations. In addition, she is knowledgeable in a lot of graphics programs and has written fiction and non-fiction. She will be working on Subsequent Generations website content, blog, and digital and print marketing and advertising components.

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Gervais will apply her wide-ranging workplace management experience to Subsequent Generation Trust Solutions work flow and workplace organization. Her profession contains positions as executive assistant, workplace manager, and senior account coordinator for a public relations firm. She has performed investigation, developed reports, maintained crucial records, and handled client communication in addition to maintaining office logistics running smoothly even though supporting numerous teams.

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CEO Jaime Raskulinecz said the firm is also interested in interviewing job seekers who have encounter in the location of self-directed retirement plans.

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Considering that we have been experiencing such rapid development, getting able to add staff with prior expertise in self- directed retirement plans will assist us round out our existing staff although continuing to provide the outstanding customer service we are known for, she said.

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Next Generation serves folks who are interested in controlling their personal retirement investments. In addition to stocks, bonds, mutual funds, self-path allows for a broad range of nontraditional assets such as actual estate, precious metals, hedge funds, unsecured loans, mortgages, commercial paper, and significantly a lot more. Next Generation, as the account administrator, holds the funds and manages all the paperwork, IRS filing, and transaction support. In addition, the firms pros supply guidance and education about self-directed investments and are all cross-educated to be able to answer questions that come in from present and future clientele.

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Our clients often have questions about transactions or the IRS regulations concerning self-path. As our client list and assets develop, we welcome job candidates with direct knowledge in self-directed retirement plans.

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For a lot more details about self-directed retirement plans, get in touch with Next Generation Trust Solutions at (888) 857-8058 or Information[at]NextGenerationTrust[dot]com, or check out dot com. To inquire about profession possibilities, make contact with Jaime Raskulinecz at JaimeR[at]NextGenerationTrust[dot]com.

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About Next Generation Trust

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Next Generation Trust Solutions (NGTS), headquartered in Roseland, New Jersey, is a professional third-party administrator of self-directed retirement plans. NGTS supplies education, administrative help, and account upkeep to people interested in self-directing their retirement portfolios with a wide assortment of investments that are not usually located in an IRA, such as genuine estate, valuable metals, notes and mortgages, private placements, accounts receivables, restricted partnerships, hedge funds, and much a lot more. Next Generation Trust Services serves clients globally by way of its web site, http://www.NextGenerationTrust.com. For more info on self-directing a retirement strategy, contact 973-533-1880, 888-857-8058 (toll cost-free), or e-mail Information@NextGenerationTrust.com.

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Realtor Group Cites Lack of Expertise a Major Trigger of Legal Disputes over Short Sale Transactions

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(PRWEB) September 01, 2011

A current survey performed by the National Association of Realtors (NAR) concluded that a lack of realtor education in the negotiation and disposition of short sales is causing a flurry of lawsuits. Brief sale disputes had been designated as the most significant legal situation facing true estate professionals today and 3 in four actual estate pros believe it will be one of the top 3 legal issues they face in the future.

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According to Raffi Tal, EVP, I Short Sale, Inc., The short sale niche for realtors could be a bottomless pit unless they genuinely know what theyre performing. Negotiating a lender-authorized sales cost, compiling a full documentation package and following all disclosure suggestions is unfamiliar territory for most actual estate agents. He continued, Its undoubtedly in the realtors very best interest to seek out knowledgeable quick sale negotiators with the knowledge necessary to manage the heavy lifting otherwise, as this survey clearly demonstrates, they might put themselves in legal jeopardy.

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With help from both the federal and private sectors, brief sale transactions are projected to exceed 250,000 in 2011, a 25% enhance more than the previous years. The governments House Affordable Foreclosure Option (HAFA) system continues to remove restrictions to make the brief sale choice a lot more desirable, and lenders proprietary brief sale programs are outpacing the governments applications with 113,000 recorded quick sales in the 1st quarter alone. Real estate agents find themselves unprepared for these complex negotiations and disclosure specifications that involve the lender, distressed borrower and purchaser. Not surprisingly, the outcome has fueled a spike in litigation over mishandled transactions. The very best way for realtors to stay away from expensive litigation, Tal states, is to have a strategic partnership with a short sale negotiator that has a track record of good results managing the complexities of the quick sale procedure.”

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To add to the equation, realtor inexperience in negotiating brief sales is potentially protracting the negotiation procedure. A short sale transaction can take as extended as ten months or far more to finalize with much less than 20% of these transactions believed completed in three months or significantly less. The capacity to outsource the time-consuming short sale process enables realtors to focus on the a lot more profitable activities that they do very best acquiring listings and promoting properties. When you look at all of the dynamics, its simple to see why its in everyones best interest to bring in a short sale specialist, Tal concluded.

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I Brief Sale, Inc. primarily based in Woodland Hills, California, has facilitated brief sales, loan modifications, forbearances, deeds in lieu and other loss mitigation solutions for home owners and lenders given that 1991. For more details, check out http://www.ishortsale.com. I Short Sale, Inc. is element of the Peak Corporate Network. As a leading authority in the genuine estate sector, The Peak Corporate Network supplies a full array of extensive true estate services nationwide including brokerage services, mortgage financing, loan servicing, escrow solutions, foreclosure processing and 1031 Exchange.

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The Peak Corporate Network is not a enterprise entity the brand represents a group of related separate legal entities every single supplying its unique set of true estate services.

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Peak 1031 Exchange, Inc. Reports Significant Improve in Genuine Estate 1031 Exchange Transactions with the Approach of the November 6th Election

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Woodland Hills, California (PRWEB) November 02, 2012

The 1031 Exchange alternative is emerging as a a lot more well-liked avenue for real estate investors, offered the election-year uncertainty over the future of capital gains taxes, states Kevin M. Levine, Executive Vice President of Peak 1031 Exchange (http://www.peakexchange.com). The political brinkmanship in Washington more than extending or ending Bush-era tax cuts has left investors in the lurch concerning the standard asset disposition procedure that is a natural part of the ebb and flow of industrial real estate. Deferring capital gains is a major consideration in a typical sale of property, and numerous are opting for the safety of the like-kind exchange for house until the dust settles.

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Levine explains that, due to the stronger returns on actual estate compared to classic equities in 2012, commercial true estate has seen healthful activity in main and tertiary markets in 2012 from institutional as well as smaller investors. For the modest and mid-size investor, a prospective increase in capital gains if tax cuts are permitted to expire creates substantial barriers barring their contribution to industrial true estates current expansion. An enhance in capital gains tax cuts will have the most impact on quick term capital gains, defined by the tax code as profits from assets held for far more than one particular year, which presently follows the identical individual tax price.

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Weve observed a tremendous spike in 1031 Exchange transactions with our client base in wake of the possible boost in the capital gains taxes, states Levine. Our investor base is leveraging the positive aspects of the 1031 Exchange method to reduce their tax price by classifying the proceeds as ‘long term capital gains,’ ” at the moment at 15% with a prospective boost to 20% in January 2013 if there is no extension of tax cuts. It makes sense for smart genuine estate investors who dont want to see their expansion into new markets encumbered by tax issues to contemplate the positive aspects of a like-kind exchange procedure.

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Peak 1031 Exchange, Inc. is one particular of the entities in the Peak Corporate Network headquartered in Woodland Hills, California. In addition to commercial loan modifications, the Peak Corporate Network entities offer mortgage lending, loan servicing, short sale solutions, foreclosure services, actual estate brokerage and escrow services. For a lot more details, visit http://www.peakcorp.com.

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The Peak Corporate Network is a brand that represents a group of connected separate legal entities, each delivering its exclusive set of true estate services.

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