ASSET PRESERVATION 1031 EXCHANGE SECURITY
Release Date: February 21, 2007
Contact: Scott Saunders
For Immediate Release:
February 21, 2007
Contact: Scott Saunders
888-531-1031 scott@apiexchange.com
ASSET PRESERVATION OFFERS 1031 EXCHANGE INVESTORS
THE HIGHEST LEVELS OF SECURITY FOR EXCHANGE FUNDS
GRANITE BAY (February 21, 2007) - Asset Preservation goes above and beyond to offer their 1031 exchange investors the highest levels of security. Asset Preservation offers a "Letter of Assurance" for real estate investors selecting Asset Preservation as their Qualified Intermediary for IRC Section 1031 tax deferred exchanges. Stewart Title Company, their parent company, provides a Third-Party Guarantee (a safe harbor under the 1991 Treasury Rules and Regulations), that "assures" the performance of Asset Preservation. Stewart Title Company is a wholly owned subsidiary of Stewart Information Services Corporation (NYSE: STC).
In addition to this Letter of Assurance, Asset Preservation offers further security measures: the option for investors to select having their notarized signature for the movement of funds, Fidelity Bond Insurance and Errors and Omissions Insurance. All these security devices provide the highest level of security while exchange funds are held by a Qualified Intermediary during a 1031 exchange.
"Security of exchange proceeds is our foremost concern. We offer real estate investors unparalleled security for their exchange funds, including the financial backing of our parent company," said Javier G. Vande Steeg, President and CEO of Asset Preservation, Inc. "Investors nationwide, from individuals in Nevada to many Fortune 500 companies, are selecting Asset Preservation because of our security, our expertise in structuring transactions and our commitment to responsive customer service.
Asset Preservation's 1031 Exchange Counselors have many years of experience in facilitating IRC Section 1031 exchanges and apply their expertise and personalized attention to each transaction. Asset Preservation has attorneys and CPAs on staff which are available to discuss any complicated tax-related issues in conjunction with an investor's legal and/or tax counsel.
Stewart Information Services Corporation is in Standard & Poor's SmallCap 600 Index, in the Fortune 1000 and included on the Russell 2000, 2500 and 3000 Value Indexes and the Russell 2000, 2500 and 3000 Indexes.
About Asset Preservation
As a leading national "Qualified Intermediary" for IRC Section 1031 tax deferred exchanges, Asset Preservation, Inc. offers real estate investors and their advisors the highest levels of security, service and expertise. Over the past 17 years, Asset Preservation has successfully facilitated over 125,000 IRC Section 1031 tax deferred exchanges nationwide. Asset Preservation's Commercial Division focuses exclusively on the complex needs of large commercial transactions and offers both reverse and improvement exchanges. More information about Asset Preservation is available at http://www.apiexchange.com.
About Stewart
Established in 1893, Stewart is a customer-centric, technology-driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax deferred exchanges. More information can be found at http://www.stewart.com.
###
Back to NBJ PR Wire
|