xxOriginal property owners who intend to buy back their property may desire to reside in the property. In that instance, the original owner will enter into a month to month lease agreement with PRS. The annual rental rate will be calculated at 25% of the acquisition costs in order to give PRS a 25% return on investment. Our plan includes provision for the original owner to rent the property until the time it is re-sold. This enables PRS to continue earning while the property is on the market.
xxTo turn the above assumptions into reality it takes a team of professionals, i.e. realtor, appraiser, inspector, attorney, escrow and title agents, tradesmen and hundreds of hours to find, evaluate and secure these select properties. Property Redemption Services LLC believes that a group of people working together with common goals can always achieve success faster and easier than one person trying to do everything alone.