Rick Michael
Seminole, FL (USA)
Role(s):
Active Funding Request
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NMRG National Morgage Release Group
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Startup
Location:
Seminole
Industry:
Real Estate
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Our unique competitive advantage gives us the ability to determine and convert an
under performing asset into profitable assets by using proprietary knowledge and residential
real estate expertise.
Because of the market crash in late 2007, the timing could not be better for investment in real
estate. In Pinellas County, Florida and many other surrounding areas. We lost 10 years of
pricing. Now is the time to make profit as the pricing stabilizes and begins to move up again. In
this area, the prices have stopped falling and are on the rise at the rate of .02% per month, not
a great increase but that is just the beginning, it is projected by NAR (National Association of
Realtors) and NEFAR (Northeast Florida Association of Realtors) that we will see an increase
rate of 7% per year by mid-2012. to make up the loss. the interest rates on mortgage loans, are
at record lows, this cannot stay this way for the economy to heal itself. The movement of Real
Estate is the key to economic growth.
NMRG provides a service by taking the control away from the Banks and into the control of the
investors. This is why we require a large investment in order to purchase the distressed
property from the banks and take advantage of the short sale opportunity's in order to move
the real estate at a steady and reliable speed.