Alan Cassell's Blog

Program HEART (Homeowners Economic Assistance Revitalization Trust)

Alan Cassell (Heartland Sustainable Housing ) — Mon, 14 Jan 2013 22:26:28 -0800

HEART stands for “Homeowner Economic Assistance and Revitalization Trust”. The goal of the HEART Program is to keep American homeowners who have experienced real financial hardship in their homes. Our program is unique in that it recognizes many lenders are simply unwilling to negotiate with homeowners on traditional loan modification applications and seeks a beneficial alternative.

The HEART Program buys homes directly from lenders in a short sale transaction at a mutually agreeable discount typically equal to or slightly less than current market value. An appraisal is ordered from a licensed, third party appraiser to determine value. After the property is purchased in a short sale transaction it is then leased back to the homeowner who has three years to repurchase the home at today’s market value.

Homeowners will benefit from a monthly lease rate that is less than their current mortgage tax and insurance payments.

This is a win-win situation for lenders and borrowers. Borrowers will benefit from affordable payments and understand their options. Lenders earn nothing less than they would if the property would go in to foreclosure.

For more information about the program, contact a HEART Program Administratortoday.

www.hshhelp.com or www.programheart.com

Cosmopolitan Real Estate - "Managing the Asset" program

Alan Cassell (Heartland Sustainable Housing ) — Wed, 09 May 2012 00:01:39 -0700

We are proud to announce that we will be working with Cosmopolitan Real Estate in developing multiple buyer agent programs with our freshly rehabilitated real estate inventory. Cosmopolitan Real Estate agents will have the opportunity to participate in our "Managing the Asset" training and program.

Simply put, agents will begin their future LISTING assignment by receiving the role and responsiblity of co-managing our acquisition/rehab/resell program. The agent will have exclusive listing but also have the entire course of the rehab process to work with local buyers and groups to generate buyer interest for their OWN LISTING.

We believe strongly in the training process, and are thrilled that the Cosmopolitan agents in San Diego will be granted this exiciting opportunity.

For more information contact Cosmopolitan Real Estate of California or Alan Cassell of Heartland Sustainable Housing, www.heartlandsustainablehousing.org

Project Greensmart

Alan Cassell (Heartland Sustainable Housing ) — Tue, 08 May 2012 23:49:37 -0700

We are pleased to introduce Project Greensmart, a DBA of Heartland Coalition. Project Greensmart offers training opportunities for high risk youth and veterans in weatherization and energy efficiency of homes, commercial and multifamily properties. Each Heartland Coalition property acquistion will undergo a thorough energy audit at point of acquisition and at project completion. The scope of upgrade and list of completed work will be memorialized for the prospective buyer public that seek the opportunity to purchase on of our properties. It is vital in this day and age to adhere to a energy efficient standard in all housing and real estate projects.

For more information go to www.heartlandsustainablehousing.org/projectgreensmart

The HEART Program, a Homeowner's resource

Alan Cassell (Heartland Sustainable Housing ) — Tue, 28 Feb 2012 22:16:39 -0800

Last quarter, Heartland Sustainable Housing a division of Heartland Coalition launched The HEART Program (Homeowners Economic Assistance and Revitalization Trust), a homeowner's resource that allows additional options than are currently available on the mortgage and modification markets. For more information please go to www.programheart.org. Finally a program designed to HELP homeowners STAY in their homes while stabilizing the neighborhood and maintaining the communities.

Contact Alan Cassell, Director of Heartland Sustainable Housing a DBA of Heartland Coalition a 501c3 Corporation

Transition into another world (within the same industry)

Alan Cassell (Heartland Sustainable Housing ) — Fri, 17 Feb 2012 18:10:56 -0800

In early 2010 I began working with a local non-profit organization in San Diego that's mission was built on helping to stabilize communities and offer assistance to those in need of second chances by offering work and training in the housing and green energy. Little did I know that my 9 year mortgage banking and real estate background would be so useful. This organization was fortunate in being able to utlize the Neighborhood Stabilization Program afforded to non-profits to purchase, rehabilitate and resell REO assets that would otherwise be marketed traditionally (usually in poor condition). This program has allowed me to grow within the altruistic non-profit community and really understand the positive impact those in the Real Estate profession can offer the community simply by shifting our focus from non-transactional behavior. We are able to make a tremendous difference in the communities we serve and create win-win partnerships within the industry.