All Forum Posts by: Mathis Young

Any other feed back...?

Thanks J,  

Hae anyone ever heard of thefreshcorp.com ?

Also Thank you for your help

Thanks Mr Depaoli,

I spoke with them and below is the response:

Freshcorp(company) will be the lien holder and I will have a operational agreement the allows /assign me to the deed. My name will be on the title and they will be come the loan service provider.

This is a hard money loan and interest only, Sounds to go to be try..yeah I know. Is it possible for them to use their lenders and get the loan then do a sale to me and assign the property? Below is the contract:

The Fresh Corp

The Purchased Operating Agreement

Operating Agreement (“the Agreement”) made and e x e c u t e d on July 05, 2013. This agreement

governs and outlines all activities and rights concerning any properties purchases by The Fresh

Corporation (Party A) and assigned to Standard Loan Customer (XXXX) (Party B)

The members in this agreement are:

The Fresh Corp (2824) (Last 4 E.I.N)

Standard Loan Customer (XXXX) (Last 4 SSN)

The members to this Agreement agree to the following: ARTICLES OF OPERATION:

THIS AGREEMENT OUTLINES AND CEMENTS ANY RIGHTS, RESPONSIBILITIES OR ACTIONS

CONCERNING ANY PROPERTY PURCHASED BY PARTY A, AND ASSIGNED TO PARTY B

PARTY (A) RESPONSIBILITIES

a) Party A will use previously purchased loans purchased from American Association of Private Lenders

Members and various other investors to purchase properties selected by Party B (Subject to investor

approval)

b) Party A will disclose all information to Party B concerning purchase of property including but not

limited to, appraised value, monthly payment amount, fixed interest rate, loan term and conditions,

closing date, and investor guidelines

c) Party A will process all payments made by Party B to investor and send email confirmation for all

payments received and posted, per amount disclosed in loan disclosure prior to or at closing.

PARTY (B) RESPONSIBILITIES

a) Party B will make all payments to investor per loan disclosure agreement supplied by Party A on the

1st of each month no later than the 15th without penalty or late fee.

The Fresh Corp

The Purchased Operating Agreement

b) Party B will pay all municipality based fees associated with property including but not limited to,

annual property taxes, water bill, and any fines issued by the municipality, county or state in which the

property is located on an annual basis.

PARTY (A) RIGHTS

a) PARTY A has the right to begin the process of ending the assignment of the subject property to PARTY

B if PARTY B is continuously delinquent on monthly payment set for in Party B RESPONSIBLITIES

clause for 60 days or more.

b) Party A has the right to impose a penalty or late fee per the terms set for in the STATE BAR OF

WISCONSIN FORM 11-1982. To be executed at closing per Party A and investor guidelines.

PARTY (B) RIGHTS

a) Party B has the right to inhabit subject property

b) PARTY B has the right rent subject property for profit

c) PARTY B has the right to operate a “at home business” out of subject property

d) PARTY B has a legal and equitable right to the property granted by signed assignment agreement

e) PARTY B has the right to sell property as long as proceed from sell satisfies all liens on the property

f) PARTY B has the right to pay off the liens on the properties without pre payment penalty

The Fresh Corp

The Purchased Operating Agreement

Signatures Fresh Corp

Owner Eric Jones

X_____________________________ Date______________

Standard Loan Customer (XXXX)

X______________________________ Date______________

Assignee

Let me know what you think

Hello,

I was just checking to see if any one every heard of a pay2buy program provided by thefreshcorp company..?