business litigation the mortgage company has no interest in lending a ... Proceeds from the sale of this home next sprin
Something New & Different AmeriSus Social Impact Income Fund - 11th Round New Participation Levels - Different Purpose Higher APR
Our previous SIIF rounds provided small amounts of funding to builders for start-up costs on projects where AmeriSus had a supply role. Each round has fostered fantastic projects where the builders succeeded and the homeowners or tenants benefited from the result. This 11th SIIF Round is tackling a single project to solve a situation that has moved many. A family that we have known and worked with for years that has been in construction for decades has been screwed-over to the point that would put most families over the edge. Their business partner defrauded them out of millions of dollars of project funds so that they had to use their life’s savings to complete their business projects. Talk about good honest people facing catastrophe straight head-on. To complete work they missed mortgage payments and now face a pending foreclosure on their home. While battling with lawyers to get their money back (which takes years) their vibrant young son was stricken with terminal cancer. Quite frankly we can’t imagine how these good folk get up every day and create fantastic homes while dealing with their son’s death, battling lawyers in court and with their home in jeopardy.
Round 11 - Make things whole for a great building industry family
Here’s the Solution? • The immediate task is to bring their mortgage current so that they don’t lose their home. The home is not upside-down and it currently has equity but with ongoing business litigation the mortgage company has no interest in lending a helping-hand. Paying off the arrearage is the only solution. • The second task is to renovate the home with the goal of increasing its value and selling it in 2017. That would maximize the ultimate return,allow the family to downsize to a home without memories of their son and move forward with life getting back to normal. Proceeds from the sale of this home next spring after renovation will be used to pay off the remaining mortgage, pay off SIIF participants and restore some of the family’s lost savings. Don’t know about you but we think life really sucks when good people get screwed. If you want to participate in something that truly does good here’s your chance. If you want to receive a ROI unlike anything offered elsewhere here’s your chance.
The Goal is to raise $250K in 90 days. To achieve that result we have lifted fund caps on individual participation so there are no limits up to the goal amount. We have also raised the SIIF return 111 basis points to its highest ever at 11.111% paid in 366 days. Follow this link to our SIIF Agreement Form and as always, the process is simple and un-hackable with no fees, commissions or taxes all completed without SS#’s or 1099’s. We do respect your privacy. Round 11
AmeriSus Homes LLC 19153 K
Attention: SIIF
P.O. Box 194
Penns Park, PA 18943
This Agreement is legally binding between AmeriSus Homes LLC (the “Seller”) and ____________________________________________________ (the “Buyer”). having an address at: ___________________________________________________________________________________. 1. AmeriSus Homes LLC is selling Certificates of Participation (COP)’s priced at $1,000.00 each with a total cap of 250 COP’s and no individual Buyer limit. 2. Proceeds from the sale of COP’s are to be used to fund the Round 11 project with funds for Buybacks & premiums coming from the sale of and/or profits of the project property. 3. Now therefore, in consideration of the mutual covenants and agreements contained in this Agreement, and in order to consummate the Sale, Purchase and automatic Buyback of the COP’s it is hereby agreed as follows: 4. Buyer is purchasing _____ COP’s at $1,000.00 each for a Total Purchase Price of $ _______________. 5. The Buyback Price that Seller will pay Buyer for the COP’s is $1,111.11 for each COP. 6. The Total Buyback Price is the # of COP’s _______ times $1,111.11 = $_____________. 7. The date Buyer’s funds become available in Seller's account will set the Effective Purchase Date (EPD) that this agreement becomes valid and binding as well as trigger the automatic Buyback of the same COP’s. 8. This Agreement obligates Seller to issue a check payable to the Buyer in the amount of the Total Buyback Price 366 days after the EPD. 9. The purchase of COP’s by the Buyer entitles Buyer to ownership of the COP’s and obligates Seller to the automatic Buyback only and extends no ownership rights of any other kind to the Buyer. 10. Seller is a limited liability company organized, validly existing and in good standing under the laws of the Commonwealth of Pennsylvania and has the power and authority to execute this transaction. 11. Buyer hereby represents and warrants that there has been no act or omission by Seller or Buyer which would give rise to any valid claim against any of the parties and that there are no brokerage commissions, finder's fees, or other like payments in connection with the described transactions. 12. This Agreement constitutes the entire Agreement. There are no prior agreements, understandings, oral and/or written, between the parties with respect to the subject matter hereof. 13. Buyer’s Total Purchase Price becoming available in Seller’s account binds both parties to the terms and conditions of this Agreement. 14. Buyer will complete this Agreement and make payment by check to AmeriSus Homes LLC sending Agreement and payment to the Seller’s address below. 15. Upon receipt of this Agreement signed by Buyer, Seller will confirm receipt of Buyer’s funds, sign Agreement, affix company seal and return original document to Buyer by First Class Mail. Buyer’s Signature:
_______________________________ Date:
___________
Seller’s Signature:
_______________________________ Date:
___________
AmeriSus Homes LLC
Attention: SIIF
P.O. Box 194
Penns Park, PA 18943
