Dr. Hasnain graduated from the Nishtar Med Coll, Bahuddin Zakaria Univ, Multan, Pakistan in 1963. He works in Porterville, CA and specializes in Ophthalmology. Dr. Hasnain is affiliated with Sierra View Medical Center.
Dr. Hasnain graduated from the Sind Med Coll, Univ of Karachi, Karachi, Pakistan in 1985. He works in Milwaukee, WI and specializes in Internal Medicine. Dr. Hasnain is affiliated with Orthopedic Hospital Of Wisconsin.
Dr. Hasnain graduated from the Dow Medical College, Karachi, Pakistan in 1989. He works in Houston, TX and specializes in Internal Medicine. Dr. Hasnain is affiliated with Houston Methodist Hospital and Memorial Hermann Memorial City Medical Center.
Mohammed Salahuddin Khan - Lake Forest IL, US Syed Jafer Hasnain - Hinsdale IL, US
International Classification:
G06Q 40/00
US Classification:
705 36 R
Abstract:
A real estate investing method is disclosed in which aggregated investment capital is used to purchase a plurality of properties from a single lending institution at short-sale prices calculated using a pre-negotiated formula. The lending institution agrees to identify and qualify properties, and accept the short-sale prices, in return for selling a plurality of distressed properties under a single agreement. Owners avoid foreclosure and consequent damage to their credit. Investors aren't burdened by property selection and/or maintenance. In preferred embodiments, owner-occupied homes are purchased, leased back to their occupants, and eventually resold to the occupants if their finances recover. Repurchase credit incentives can be offered to occupants, providing limited participation in property appreciation and motivating occupants to maintain the properties and strive to repurchase them. During leases, landlord services are provided under contract by local service providers and/or regional warranty providers. A central support group can provide centralized tenant support.
Real Estate Investment Method For Purchasing A Plurality Of Distressed Properties From A Single Institution At Formula-Derived Prices
Mohammed Salahuddin Khan - Lake Forest IL, US Syed Jafer Hasnain - Hinsdale IL, US
International Classification:
G06Q 90/00
US Classification:
705500
Abstract:
A real estate investing method is disclosed in which aggregated investment capital is used to purchase a plurality of properties from a single lending institution at short-sale prices calculated using a pre-negotiated formula. The lending institution agrees to identify and qualify properties, and accept the short-sale prices, in return for selling a plurality of distressed properties under a single agreement. Owners avoid foreclosure and consequent damage to their credit. Investors aren't burdened by property selection and/or maintenance. In preferred embodiments, owner-occupied homes are purchased, leased back to their occupants, and eventually resold to the occupants if their finances recover. Repurchase credit incentives can be offered to occupants, providing limited participation in property appreciation and motivating occupants to maintain the properties and strive to repurchase them. During leases, landlord services are provided under contract by local service providers and/or regional warranty providers. A central support group can provide centralized tenant support.
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