American Homeowner Preservation CEO to Moderate Panel at Midwest Crowdfunding Conference

The panel will explore the successes and challenges of the nascent real estate crowdfunding movement. Newbery will also discuss AHP’s experience empowering accredited investors to crowdfund the purchase of distressed mortgages from banks.

American Homeowner Preservation (“AHP”) Founder and CEO Jorge Newbery will moderate the Crowd Funding Real Estate Investments panel at the Midwest Crowdfunding Conference on November 15 at One Financial Place, Chicago, Illinois. Joining William Skelley of iFunding and Brian Fritton of Patch of Land. The panel will explore the successes and challenges of the nascent real estate crowdfunding movement. Newbery will share AHP’s experience empowering accredited investors to crowdfund the purchase of distressed mortgages from banks. AHP then offers viable solutions for families to stay in their homes with reduced payments and discounted principal options. If homes are vacant or families do not want to stay, AHP offers incentives to borrowers to sign deeds in lieu of foreclosure in order to promptly put homes back in service.

“We have a social mission, but also offer investors financial returns of 9 – 12%,” said Newbery, describing the AHP’s impact investing goals. AHP began in 2008 as a 501(c)3 nonprofit and has evolved into a for-profit socially-responsible hedge fund, and has now added the crowdfunding component. “By acquiring distressed mortgages at big discounts from banks, we are able to offer transformative solutions to families to keep their homes, plus exceptional returns to our investors,” said Newbery.

“Crowdfunding is an extraordinary vehicle for investors to connect with opportunities, and largely bypass the fee-generating bureaucracies of Wall Street. Additionally, for pursuits such as American Homeowner Preservation, a great deal of social good can be achieved,” Newbery said. Crowdfunding platforms have sprung up recently offering investments in all sorts of ventures. These are pioneering times for companies and investors alike, according to Newbery.

American Homeowner Preservation to be included in Midwest Crowdfunding Conference

Crowdfunding is an extraordinary vehicle for investors to connect with opportunities, and largely bypass the fee-generating bureaucracies of Wall Street- Jorge Newbery

AHP is currently accepting investors for their 2013C opportunity, which features 249 assets. 90% of the assets are First Mortgages and 10% are REOs. The total investment of $5,660,000 is 38% of the $14,772,615 value of the homes securing the mortgages. Investors can earn 9% for a one year investments, 10.2% for two years and 12% for five years. Revenue is distributed to investors monthly, and the minimum investment is $10,000.

Other participants in the Midwest Crowdfunding Conference include author Daryl Montgomery, Jon Goldberg of VCapital and Brian Korn of Pepper Hamilton. To learn more about the Midwest Crowdfunding Conference, please visit http://www.midwestcrowdfunding.com.

About American Homeowner Preservation:
American Homeowner Preservation started in 2008 in Cincinnati, OH as a 501(c)3 non-profit. Today operating as a for profit in Chicago Il, AHP aims to empower accredited investors to crowdfund, buy pools of distressed mortgages, and generate impactful social returns and compelling financial returns. Our goal is to help secure your future by securing someone else’s. For further information or inquiries please visit http://www.ahpinvest.com or call 800-555-1055.

Success Stories with American Homeowner Preservation: Kansas

American Homeowner Preservation buys pools of distressed mortgages at large discounts from banks. After acquisition, AHP works to find a solution to keep homeowners in their homes. Sometimes homes are already vacant and abandoned. In cases like this, our asset managers work to get vacant homes back into service to help revitalize blighted communities.

A recent AHP acquisition in Kansas has made one community very happy. A vacant property in Kansas City was purchased as part of a distressed mortgage/REO pool for less than $2,000. Then, AHP was able to sell the neglected home to a new owner in order  to return the home to serviced. AHP finance the sale for a $1,000 down payment and a loan for $7,900. The homeowner purchased the home in order to rent and bring a new family into the neighborhood.

AHP sold this property to a new home owner who is fixing it up and turning it into a rental property

Because the house was vacant and needed a lot of work done to get it back to working condition, the owner began the remodel with a new coat of paint to the outside of the house and landscaping. Meetings with city officials revealed that the property had some code violations that the new owner would have to fix.  Even with the code violations, the city official was glad to hear that the property was placed into the hands of someone who really cared about the property and wanted to get it back into service as soon as possible. The city official revealed that prior to AHP and the new homeowner; the city would receive calls weekly from neighbors complaining about the property and how it was affecting the character of the community.

The new owner has ample experience renovating homes and brought his own construction crew from California to begin the remodel. He is currently 3/4 done with the remodeling process and hopes to rent the property to a family in the coming months. Neighbors are excited and happy to see the home being taken care of and be putting back into service.

3/4 done with the remodel, this property is almost ready for a family to rent. The community is glad the home is being cared for.

Click here to learn more about American Homeowner Preservation’s social impact.

American Homeowner Preservation Acquires 128 Distressed Assets

American Homeowner Preservation (“AHP”)  announced today the acquisition of 128 non-performing mortgage and REO assets on October 31, 2013. The assets are located nationwide in over 20 states, from California to Florida.AHP utilizes private investors to fund acquisitions of distressed assets from both banks and hedge funds. By taking control of the mortgages or  REOs, AHP can craft viable solutions to keep families in their homes with reduced payments and discounted principal options.  Thus far, AHP has cut monthly payments by an average of almost 40% and provided discounted settlement options to families at amounts averaging less than their half of prior mortgage balances.

“We buy these assets at significant discounts. By passing on a good chunk of these discounts to the homeowners, we are able to provide transformative solutions,” said AHP’s Founder and CEO Jorge Newbery. Alternately, if the home is vacant or the family does not want to stay, AHP offers incentives to homeowners to cooperate with deeds in lieu of foreclosure or short sales in order to promptly return the homes back to service. “A vacant home can blight a neighborhood.  Every time we break the gridlock and get a vacant home back into service, that is a big step forward for a neighborhood. Many times, some of these homes have been vacant for years,” Newbery said

AHP is currently crowdfunding to acquire an additional 249 assets for $5,660,000. Interested investors can review the offering at www.ahpinvest.com.  Investors can earn 9% for one year investments, 10.2% for two years and 12% for five years.  “We look forward to keeping more and more struggling families in their homes with realistic long-term solutions, while providing our investors the ability to earn favorable returns in a socially responsible manner,” AHP Chief Operating Officer Verria Kelly added.

American Homeowner Preservation can be contacted at (800) 555-1055 or www.ahpinvest.com.

Impact Investing and American Homeowner Preservation, What’s the connection?

The Global Impact Investing Network defines Impact Investing as

 ”Investments that aim to solve social or environmental challenges while generating financial profit. Impact investing includes investments that range from producing a return of principal capital (capital preservation) to offering market-rate or even market-beating financial returns. Although impact investing could be categorized as a type of “socially responsible investing,” it contrasts with negative screening, which focuses primarily on avoiding investments in “bad” or “harmful” companies – impact investors actively seek to place capital in businesses and funds that can harness the positive power of enterprise.”

What does this all mean when talking about American Homeowner Preservation?

CEO Jorge Newbery homeowner documents in the Chicago office

When AHP first started five years ago in Cincinnati, Founder and CEO Jorge Newbery wanted to find a solution to the foreclosure crisis working one-on-one with homeowners and their lenders.  Today, headquartered in Chicago, AHP is working with investors to purchase pools of discounted mortgages to help keep families in their homes while also generating strong returns.

The process begins with investors investing with AHP to purchase pools of discounted mortgages from banks. Once the full amount of the pool is raised investors begin to receive returns on their investment based on the Class they chose. Then AHP works with homeowners to find a viable solution for them. Solutions may include loan modifications, short sales, or a Deed in Lieu.

Although there are many working parts, AHP is able to provide an investment opportunity to investors that generate above-market returns and also a measurable social impact. The AHP solution to the foreclosure crisis offers aninnovative and multifaceted approach to decision-making on investments, which can offer investors robust and inclusive financial gains as well as social benefits. AHP is able to offer measurable social and financial returns to investors aligning it with Global’s definition of Impact Investing.

AHP’s efforts thus far has helped more than 400 families stay in their homes and extinguished more than $40 million in negative equity. The current offering of 249 assets is being acquired for $5,660,000 and has an estimated value of Real Estate Collateral at $14,772,615.

To learn more about our process and investment opportunities visit https://ahpinvest.com/