Real Estate Investing in Western Kentucky

2010 Kentucky Tax Lien Investing Update

Wed, 17 Mar 2010 15:47:15 -0700

Gregory T. Taylor, Esq.

306-B South 12^th St.

P.O. Box 505

Murray, KY 42071

Ph/Fax (270) 761-4558

2010 Kentucky Certificate of Delinquency Update

DISCLAIMER: I’ve got to start with this first. This is not an exhaustive review of the statutes and is merely for informational purposes. Don’t take it as legal advice. There are still a lot of things to be fleshed out with this but it is good to know what is going on now. The recent overhaul of the Kentucky Certificate of Delinquency laws has resulted in a few more hoops for those of us interested in tax lien investing to jump through. I’ll be referring to the Certificates of Delinquency as “liens” throughout this summary. Here is what has remained the same:

12% simple interest rate earned on amount paid for liens
Interest is accrued at 1% per month with any part of a month counting for the whole month.
In addition to the interest, tax lien purchasers may collect for expenses incurred in collecting the lien, including:

- $100 administrative fee
- Attorneys fees prior to initiating litigation (Mailing letters, fielding phone calls, generally handling the collection of the liens for a client)
  - Up to $350 for liens $350 or below (no more than 100% of cost of lien)
  - Up to $560 for liens $700 or below (no more than 80% of cost of lien)
  - Up to $700 for liens above $700 (no more than 70% of the cost of lien)
- ALL attorneys fees and costs (providing they are reasonable) involved in foreclosing or otherwise collecting the lien through litigation

The best thing about this is that you can purchase the liens, and then hand off the entire collection process to an attorney such as myself with no direct expense to you. This includes drafting and mailing the letters required by statute as set forth below. You will get the full 12% return on your money without subtracting for fees and expenses. AND NOW FOR THE JUMPING THROUGH HOOPS PART! Here are the relevant changes and the new tax lien investment and collection procedures:

Registration to purchase tax liens.
1. Anyone who is going to buy 5 or more liens statewide OR 3 in any one county OR spend more than $10,000 on liens statewide MUST register with the Kentucky Department of Revenue.
2. You will have to pay an administrative fee to register to buy the tax liens.
3. You will have to be in good standing with regard to taxes owed to the state and prior business record (this is done to prevent some of the predatory tax lien investors from investing in this state again).

Tax Lien Purchasing Procedure
1. The county clerk will now handle the sale of all tax liens. They will no longer be purchased at the Sheriff’s office.
2. The Department of Revenue will determine and advertise the dates of the sales in each county and the dates and times will be staggered so that people can purchase liens in multiple counties.
3. The dates of the tax sales will fall between July 15 and August 31 of each year and will be advertised at least 30 days in advance in the paper.
4. You will have to register at least one week before each with each county clerk in order to buy liens and you will likely have to put an advance deposit down. You may have to pay a registration fee to the clerk for the right to purchase liens at the sale, up to $250.00 per county.
5. The county clerks will be allowed to refuse to sell liens involved in litigation or that are likely to be duplicate bills. This will cut down on the amount of liens that are refunded because they are uncollectable.
6. The Department of Revenue will determine the purchasing procedure that will be used statewide and it will most likely involve some type of lottery system so that multiple purchasers will have an equal chance of buying liens.
7. One person may not represent multiple entities at the tax sale and no related entities shall be allowed to purchase liens. This prevents the big buyers from flooding the sale with their proxies and buying the bulk of the liens.
8. If you hold a lien on a property from a prior year, you will be allowed first chance to purchase the lien on the property for the current year.
Notice Requirements and Collection Procedures on Tax Liens
1. Address Collection from PVA – You must do this prior to sending out the letters below.

i. You must contact the county’s PVA and get the most recent address for each property owner by sending them a list of the property addresses and map numbers on the properties that you purchased liens for at the tax sale.
ii. The PVA will respond within 10 days and will charge you $2 per address.
iii. If you send out any of the letters set forth below and they are returned as undeliverable, you MUST re-send (with proof of mailing) the letters to the property address (NOT the owner’s mailing address that you got from PVA) with the letters addressed to “Occupant” within 10 days of having the mail returned to you.
i. The certificate is a lien of record against the property
ii. The lien is accruing 12% interest as set forth above
iii. If the lien isn’t paid, it will be subject to collection as provided by law
iv. A detailed payoff statement as of the date of the notice, showing purchase price, interest, and fees and costs (including statute references to why those fees and costs are collectible).
v. Contact information for the lien buyer – Name, physical and mailing addresses, and telephone number.
vi. YOU LOSE THE RIGHT TO COLLECT YOUR FEES AND INTEREST IF YOU DON’T SEND THESE NOTICES
i. Before you can initiate foreclosure suit, you have to send out a notice at least 45 days prior to filing suit that lets the taxpayer know that you intend to file suit to collect, ALONG WITH all of the information required in the first letter above. You must send this letter first class with proof of mailing.

1. First Letter – You must send a letter out (first class with proof of mailing via the USPS or Affidavit) within 50 days of purchasing the lien that tells the taxpayer the following:

1. Foreclosure Notice – You have to wait 1 year before you can foreclose and you must foreclose between the first year and the 11^th year after buying the lien.

Miscellaneous
1. If you purchase a duplicate bill or a bill that is otherwise uncollectible, you may apply to the county clerk for a refund and the county clerk will refund your initial payment, but NOT any interest or expenses.

Please call if you are interested in pursuing tax lien investing. I am currently handling several of these liens for various clients and would love to help you if you so desire. I hope this has been informative and beneficial for you and wish everyone great success in 2010! http://gregtaylorlaw.com

Western Kentucky Real Estate Title Changes due to RESPA

Mon, 08 Feb 2010 09:46:41 -0800

If any of you lenders out there in Murray, Benton, or Mayfield are having trouble finding a closing agent who understands the new RESPA regulations, feel free to give me a call. I have been working through these new rules and think that with a little tweaking, most of us can get things back to running smoothly in a short period of time. Give me a call at 270-761-4558 or visit my website at gregtaylorlaw.com for more information.

Greg@gregtaylorlaw.com

More About Me

Wed, 03 Feb 2010 17:08:12 -0800

I am Greg Taylor. I am a Murray, Kentucky attorney and a native of Murray and Calloway County. I have been practicing law since graduating from the University of Kentucky College of Law in 2003. I graduated with a Bachelor of Arts from Murray State University in 2000 and have returned to my alma mater to teach Estate Planning for Financial Planners as an adjunct professor in the Economics and Finance Department. In addition to the practice of law, I am active in the Murray and Calloway County community.

My family includes my wife, Kristin, and daughter, Cate, and son, Ben. We are active in our church and serve as leaders of their small group at Christian Community Church in Murray. In addition to these activities, I and my parents also own Cornerstone Realty & Rental, LLC, which is a realty and property management company in Murray. Lastly, I serve as President of Creative Property Solutions, Inc., a real estate investment and management company located in Murray. I practice law in the areas of Real Estate, Corporate Law, Asset Protection, Estate Planning and Probate, and Adoptions. See my Practice Areas section for more information about how I and my team can help you with your legal needs.

I would love to speak with you, and you can visit my website at http://gregtaylorlaw.com, call me at 270-761-4558 or email me at greg@gregtaylorlaw.com. Have a truly wonderful day!

2010 Kentucky Certificate of Delinquency Update

Thu, 21 Jan 2010 08:33:28 -0800

2010 Kentucky Certificate of Delinquency Update DISCLAIMER: I’ve got to start with this first. This is not an exhaustive review of the statutes and is merely for informational purposes. Don’t take it as legal advice. There are still a lot of things to be fleshed out with this but it is good to know what is going on now. The recent overhaul of the Kentucky Certificate of Delinquency laws has resulted in a few more hoops for those of us interested in tax lien investing to jump through. I’ll be referring to the Certificates of Delinquency as “liens” throughout this summary. Here is what has remained the same:

12% simple interest rate earned on amount paid for liens
Interest is accrued at 1% per month with any part of a month counting for the whole month.
In addition to the interest, tax lien purchasers may collect for expenses incurred in collecting the lien, including:

- $100 administrative fee
- Attorneys fees prior to initiating litigation (Mailing letters, fielding phone calls, generally handling the collection of the liens for a client)
  - Up to $350 for liens $350 or below (no more than 100% of cost of lien)
  - Up to $560 for liens $700 or below (no more than 80% of cost of lien)
  - Up to $700 for liens above $700 (no more than 70% of the cost of lien)
- ALL attorneys fees and costs (providing they are reasonable) involved in foreclosing or otherwise collecting the lien through litigation

Registration to purchase tax liens.
1. Anyone who is going to buy 5 or more liens statewide OR 3 in any one county OR spend more than $10,000 on liens statewide MUST register with the Kentucky Department of Revenue.
2. You will have to pay an administrative fee to register to buy the tax liens.
3. You will have to be in good standing with regard to taxes owed to the state and prior business record (this is done to prevent some of the predatory tax lien investors from investing in this state again).

Tax Lien Purchasing Procedure
1. The county clerk will now handle the sale of all tax liens. They will no longer be purchased at the Sheriff’s office.
2. The Department of Revenue will determine and advertise the dates of the sales in each county and the dates and times will be staggered so that people can purchase liens in multiple counties.
3. The dates of the tax sales will fall between July 15 and August 31 of each year and will be advertised at least 30 days in advance in the paper.
4. You will have to register at least one week before each with each county clerk in order to buy liens and you will likely have to put an advance deposit down. You may have to pay a registration fee to the clerk for the right to purchase liens at the sale, up to $250.00 per county.
5. The county clerks will be allowed to refuse to sell liens involved in litigation or that are likely to be duplicate bills. This will cut down on the amount of liens that are refunded because they are uncollectable.
6. The Department of Revenue will determine the purchasing procedure that will be used statewide and it will most likely involve some type of lottery system so that multiple purchasers will have an equal chance of buying liens.
7. One person may not represent multiple entities at the tax sale and no related entities shall be allowed to purchase liens. This prevents the big buyers from flooding the sale with their proxies and buying the bulk of the liens.
8. If you hold a lien on a property from a prior year, you will be allowed first chance to purchase the lien on the property for the current year.
Notice Requirements and Collection Procedures on Tax Liens
1. Address Collection from PVA – You must do this prior to sending out the letters below.

i. You must contact the county’s PVA and get the most recent address for each property owner by sending them a list of the property addresses and map numbers on the properties that you purchased liens for at the tax sale.
ii. The PVA will respond within 10 days and will charge you $2 per address.
iii. If you send out any of the letters set forth below and they are returned as undeliverable, you MUST re-send (with proof of mailing) the letters to the property address (NOT the owner’s mailing address that you got from PVA) with the letters addressed to “Occupant” within 10 days of having the mail returned to you.
i. The certificate is a lien of record against the property
ii. The lien is accruing 12% interest as set forth above
iii. If the lien isn’t paid, it will be subject to collection as provided by law
iv. A detailed payoff statement as of the date of the notice, showing purchase price, interest, and fees and costs (including statute references to why those fees and costs are collectible).
v. Contact information for the lien buyer – Name, physical and mailing addresses, and telephone number.
vi. YOU LOSE THE RIGHT TO COLLECT YOUR FEES AND INTEREST IF YOU DON’T SEND THESE NOTICES
i. Before you can initiate foreclosure suit, you have to send out a notice at least 45 days prior to filing suit that lets the taxpayer know that you intend to file suit to collect, ALONG WITH all of the information required in the first letter above. You must send this letter first class with proof of mailing.

1. First Letter – You must send a letter out (first class with proof of mailing via the USPS or Affidavit) within 50 days of purchasing the lien that tells the taxpayer the following:

1. Foreclosure Notice – You have to wait 1 year before you can foreclose and you must foreclose between the first year and the 11^th year after buying the lien.

Miscellaneous
1. If you purchase a duplicate bill or a bill that is otherwise uncollectible, you may apply to the county clerk for a refund and the county clerk will refund your initial payment, but NOT any interest or expenses.

June 2009 Meeting of the Western Kentucky Real Estate Investment Association

Thu, 18 Jun 2009 08:02:23 -0700

Local Investors to Discuss Negotiating Tactics

Murray, KY. – In real estate investing you make your money when you buy, so don’t pay too much on your next deal! Learn how to negotiate your best deal at this month’s Western Kentucky Real Estate Investment Association meeting.

Each month the group discusses a topic relevant to real estate investing. This month’s meeting will be on campus at Murray State University’s Curris Center, 3rd floor Barkley Lecture Room on Thursday June 18, 2009 at 6:30 p.m and the discussion topic will be “Negotiating Tactics.”

Formed in 2008, the Western Kentucky REIA is comprised of real estate investors from throughout the Jackson Purchase who represent many different areas of investing. The Western Kentucky REIA has diverse group of investors that make it easy to get reliable answers to your real estate investment questions, and hearing other people’s experiences is one of the best ways to avoid making costly mistakes in your investments.

The Western Kentucky REIA welcomes investors of all ages in all stages and the meeting will be open to the public. For more information, contact Greg Taylor at 270-761-4289 or wkreia@gmail.com or visit http://wkreia.com.

1307 Farris Ave., Murray, KY - NEXT TO MURRAY STATE UNIVERSITY

Tue, 05 May 2009 07:42:58 -0700

Take a look at this beautiful property that we have for sale in Murray. It's located at 1307 Farris Avenue less than a block from campus! This cute home is a brick 2 BR, 1 BA, with 1209 Square Feet, hardwood floors, a walk-in closet in the master bedroom, and a fenced-in backyard. We are replacing the floor in the kitchen and installing a BRAND NEW central heating and air system. This would make a great first home or a rental property. We are selling this at a "quick sale" price of $67,500, so don't wait to come see it. You can see more pictures of this home here, or just watch the video of this home below. I know you'll be impressed! Call me at 270-761-4663 or email to cpsinc1@gmail.com if you're interested in this beautiful property, but make it quick because this one won't last long. Visit us on the web at http://761home.com or http://creativepropertysolvers.com.

Announcing Bluegrass Mitigation Services - Short Sale Consulting Murray, Kentucky

Wed, 15 Apr 2009 16:23:58 -0700

Bluegrass Mitigation Services

Who We Are

Bluegrass Mitigation Services is a lender negotiation and loss mitigation service provider based in Murray, Kentucky. We are a Christian owned and operated company and our business is based on the principles of honesty, fairness, and compassion taught by Jesus Christ. We want to make a difference in the lives of people in which we come in contact with. Our vision is to treat each and every person with fairness, honesty, trust and most of all integrity.

What We Do

We mitigate your foreclosure by negotiating the short sale of the property. That means the property is sold for less than you owe as approved by the mortgage companies.

Why We Do What We Do

We want to help those in distress with their mortgages and housing situation by attempting to create a win-win-win situation for everyone involved. Bluegrass Mitigation Services is headed by Greg Taylor, Attorney at Law, who has years of experience negotiating short sales. Greg and his team of negotiators have been working on these types of cases for their own properties and have a success rate of over 75%, which is amazing given the many factors that go into getting a short sale approved. It wasn't long until word got out to friends, business associates and acquaintances and a new business was born.

It's Your Decision

You will have to decide whether it is important for you to attempt to prevent a foreclosure in order to keep your credit cleaner. Yes, you will have late pays, but that is not as bad as when a creditor sees a foreclosure on your report. If there is no doubt the property is going into foreclosure you will have at least 3 months or more (in most states) for us to get the property negotiated and sold via a short sale.

Bluegrass Mitigation Services

http://bluegrassmitigation.com

PO Box 1327

Murray, KY 42071

Ph/Fax: (270) 761-4558

bluegrassmitigation@gmail.com

April 2009 Meeting of the Western Kentucky REIA

Thu, 09 Apr 2009 15:22:26 -0700

The Western Kentucky Real Estate Investment Association is coming back to Paducah. The April meeting of the WKREIA will be held in Paducah on Thursday, April 16, 2009 at 6:30 p.m. at the new Thomas Smith Real Estate sales office located at 2410 Holt Road, Paducah, KY 42001. Kim Musgrave with Thomas Smith Real Estate will be hosting and providing drinks and snacks for attendees.

Each month the group discusses a topic relevant to real estate investing. This month the Western Kentucky REIA will be discussing techniques for dealing effectively with contractors and vendors. “Hearing other investors’ personal experiences is one of the best ways to avoid making costly mistakes in your investments. With such a diverse group of investors it’s easy to get reliable answers to your real estate investment questions,” said Western Kentucky REIA President Greg Taylor.

The Western Kentucky REIA is comprised of real estate investors from throughout the Jackson Purchase who represent many different areas of investing. For more information about this month’s meeting, please contact Daniel Riegel, WKREIA Board Member, at 618-841-3207 or email the WKREIA at wkreia@gmail.com

CPS, Inc. - We Buy & Sell Homes, Houses & Real Estate in Murray, Kentucky

Thu, 05 Mar 2009 16:28:15 -0800

This video will tell a little bit more about how Creative Property Solutions can help you by buying your house or selling you a house. We buy and sell homes, houses and real estate in Murray, Benton, Mayfield, and all of Western Kentucky, as well as Paris and Henry County, Tennessee. We are real estate investors with a purpose. Please contact us at 270-761-HOME for more information or visit us online at www.creativepropertysolvers.com, www.wkyhomesellers.com, or www.wkyrealestatedeals.com.

For sale - 3 BR Brick Home in Puryear, TN - $69,900 - GREAT VALUE!

Thu, 05 Mar 2009 16:23:01 -0800

We have completely remodeled this house and it is a beautiful home for the money. It has 3 BR, 1 full bath, 2 half baths and as you can see, it is really a gem. The home has a detached 2-car garage/shop and is on a double lot at 221 Smith St. in Puryear. The home is brick and features central heating and air. This property was tax assessed at $66,100 BEFORE we did all of our work to it. Please call us at 270-761-HOME for more information or visit us online at www.wkyhomesellers.com or www.wkyrealestatedeals.com.

Wilshire Credit is HORRIBLE to work with - COMPLETELY RIDICULOUS

Thu, 19 Feb 2009 17:11:11 -0800

I rarely rant about these type of things on my blog, but this takes the cake. I'm trying to negotiate a short sale for my clients and Wilshire Credit REFUSES to process my authorization to release information.

First they said that they couldn't match the borrower's signature with what was on the application, which is bogus because both of the borrowers signed the authorization. I had them re-sign it and then sent it in, which caused us a week delay. Now I talk to them and they tell me that because the notary stamp is hand-written, they will not process my authorization.

They are the most unprofessional, hard to deal with company I have ever come across. Anybody that has a loan serviced with Wilshire should just pray that it gets sold, or they should refinance. This company has so many scam reports out there it's tough to find their company info on the first page of Google. Beware!

Creative Property Solutions, Inc. - Murray, Kentucky Real Estate Investors - Why we do what we do.

Thu, 19 Feb 2009 14:37:19 -0800

Below is a video that I created to tell you a little bit about my company, which buys and sells houses and real estate in Murray, Kentucky. We actually focus on buying homes in Murray, Benton, and Mayfield in Western Kentucky, as well as Paris in West Tennessee. If you'd be interested in selling a home in Western Kentucky or West Tennessee, please call us at 270-761-HOME or visit us online at www.761home.com or www.wkyrealestatedeals.com or www.wkyhomesellers.com Thanks and have a great day. I hope you enjoy the video.

February meeting of the Western Kentucky Real Estate Investment Association

Fri, 13 Feb 2009 09:00:00 -0800

The February meeting of the Western Kentucky Real Estate Investment Association will be held at Murray State University on February 19, 2009 at 7:30 p.m. at the Barkley Lecture Room on the 3rd floor of the Curris Center.

The WKREIA is a group of investors who meet monthly to discuss current topics, network, and educate themselves concerning new techniques in investing. This month the group will be hearing from nationally-known speaker Alan Cowgill via webinar and the topic will be "Private Money Lending." With the current credit markets being the way they are, this topic is vitally important for real estate investors. The meeting is open to the public and all are welcome.

Upcoming meeting of the Western Kentucky REIA

Wed, 07 Jan 2009 10:47:13 -0800

Just wanted to pass along a reminder concerning this month's meeting of the Western Kentucky Real Estate Investment Association.

We will be meeting next Thursday, January 15, at 7:30 p.m. at our normal place on the 3rd floor of the Curris Center.

This month's topic will be Foreclosure Investing Strategies. With the current economy and foreclosures increasing, this will be a very beneficial meeting for those of you interested in investing in foreclosures. We hope to see everyone there.

Have a great week,

Greg Taylor

President, WKREIA

Creative Property Solutions, Inc.

Greg Taylor, President

306-B South 12th Street

P.O. Box 1327

Murray, KY 42071

Ph 270-761-HOME

Fax 270-761-4558

www.creativepropertysolvers.com

www.wkyhomesellers.com

www.wkyhomebuyers.com

Gregory T. Taylor, Esq.

306-B South 12th St.

P.O. Box 505

Murray, KY 42071

Ph/Fax 270-761-4558

www.gregtaylorlaw.com

Agenda for the December 2008 Western Kentucky REIA Meeting

Thu, 18 Dec 2008 07:42:41 -0800

WKREIA AGENDA DECEMBER 2008

The Western Kentucky Real Estate Investment Association (WKREIA) welcomes everyone in attendance! We hope to make this association one of the finest learning alternatives to develop, support and promote regional real estate investment while serving the interests of the Real Estate Investment Community and Industry as a whole through Education, Motivation, Mentoring, Training, Leadership, Investment, and Networking Opportunities on all issues involving the regional real estate community, and promoting professionalism and standards of excellence in the industry. The only way we can make this association a success is to get everyone's involvement to the fullest extent possible. We sincerely hope you see the benefit of having, joining and participating in an organization like this and hope you get fully involved in any way you see possible. Thanks again for attending and getting involved!

Agenda 7:30 – 9:00pm

1. Introduction to the WKREIA and opening remarks – Greg Taylor, President

2. Panel discussion on Ethics in Real Estate Investing

3. Investor Social Networking Session

Handouts for the December 2008 Meeting

1. WKREIA Code of Ethics

2. Why Ethics Matter In Real Estate Investing

3. Ethics in Real Estate Investing

4. Flipping Houses Ethics

5. Real Estate Investment: Ethics Play Important Role

JANUARY 2008 PROPOSED AGENDA

Discussion on Foreclosure Investment Strategies

Many handouts on Foreclosure Investment Strategies

Speakers outlining Foreclosure Investment Strategies

Investor Social Networking Session

NEXT MEETING: January 15, 2008. Location and time: To Be Determined

Please email me at wkreia@gmail.com or call 270-761-4663 for more information about how you can get involved in the Western Kentucky REIA. Or visit us on our website at http://wkreia.com.

Greg Taylor

President, WKREIA

December Meeting of the WKREIA is Tonight at 7:30 PM

Thu, 18 Dec 2008 07:31:49 -0800

This month, the Western Kentucky REIA has several exciting things to discuss at our meeting tonight. We will be back at our normal place and time on Thursday, December 18 at 7:30 p.m. at the Barkley Lecture Room on the 3rd Floor of the Curris Center here in Murray.

We will be unveiling our new website at wkreia.com, as well as discussing plans for our all-day Saturday Seminar series starting in February. Additionally, this month's discussion topic is "Ethics in Real Estate Investing." We are looking forward to having a panel of our members discuss the various ethical issues in real estate investing.

If you would be available to serve as a member of this panel, please respond to this post and let me know. We look forward to seeing you at the meeting and have a very Merry Christmas!

Greg Taylor

President, Western Kentucky REIA

Creative Property Solutions, Inc.

Greg Taylor, President

306-B South 12th Street

P.O. Box 1327

Murray, KY 42071

Ph 270-761-HOME

Fax 270-761-4558

www.creativepropertysolvers.com

www.wkyhomesellers.com

www.wkyhomebuyers.com

Gregory T. Taylor, Esq.

306-B South 12th St.

P.O. Box 505

Murray, KY 42071

Ph/Fax 270-761-4558

www.gregtaylorlaw.com

Video of real estate in Paris, TN - Home for sale by CPS, Inc. - Serving West Tennessee

Mon, 01 Dec 2008 16:31:51 -0800

There is no security on this earth, there is only opportunity. - General Douglas MacArthur This is a HUGE opportunity for somebody with a large family that is on a budget. 2255 Reynoldsburg Rd in Paris has 5 BR and 2 BA and has been remodeled. It needs some exterior work such as new siding, but is VERY livable for a family of 5 or 6 as it is. Compare this to the other properties out there in Henry County and you will see that this one won't last long. Here's the video: A rewarding home buying experience awaits you. Watch the video and then send me an email at greg@wkyrealestatedeals.com or call at 270-761-HOME to get in on this amazing deal. And don't forget to give me your cell number and what you want the next step to be.

Duplex in Paris - BELOW $25,000! Rents of $700!!!!

Mon, 01 Dec 2008 16:29:08 -0800

Greg Taylor | CPS, Inc. | 270-761-4663

110 S. Porter St., Paris, TN

GREAT INCOME OPPORTUNITY! Duplex in Paris, TN - Needs a roof and some TLC. Projected $30,000 in repairs. $800/mo income potential

2BR/1BA Multi-Family, 2 units

offered at $22,500

Year Built	1940
Sq Footage	1,200
Bedrooms	2
Bathrooms	1 full, 0 partial
Floors	1
Parking	1
Lot Size	.5 acres
HOA/Maint	$0 per month

DESCRIPTION

This duplex in Paris, TN is a great opportunity for an investor who wants to rent. Pay this baby off in 8 years and pocket the rent for the rest of your life. Visit us at www.wkyhomesellers.com for more information. OWNER FINANCING AVAILABLE!

see additional photos below

PROPERTY FEATURES

Central heat	Living room	Washer
Dryer	Laundry area - inside	Yard

ADDITIONAL PHOTOS

Seller contact info:

Greg Taylor

CPS, Inc.

270-761-4663

For sale by individual owner

Equal Opportunity Housing

Posted: Dec 1, 2008, 1:28pm PST

4 BR Home in Puryear - $50,000! Brick, CHA - What More Do You Want?

Mon, 01 Dec 2008 15:51:44 -0800

Greg Taylor | Creative Property Solutions, Inc. | 270-761-4663

13345 Hwy. 641 N, Puryear, TN

Nice 4BR 1.5 Bath Home Priced to Sell! OWNER FINANCING AVAILABLE

4BR/1.5BA Single Family House

offered at $50,000

Year Built	1974
Sq Footage	1,770
Bedrooms	4
Bathrooms	1 full, 1 partial
Floors	1
Parking	Unspecified
Lot Size	1 acres
HOA/Maint	$0 per month

DESCRIPTION

Nice 4BR 1.5 BA house located just south of Hazel, KY in Puryear, TN. This home would make excellent investment property. OWNER FINANCING AVAILABLE!

see additional photos below

PROPERTY FEATURES

Central A/C

ADDITIONAL PHOTOS

Seller contact info:

Greg Taylor

Creative Property Solutions, Inc.

270-761-4663

For sale by individual owner

Equal Opportunity Housing

Posted: Dec 1, 2008, 1:48pm PST

Great Home in Puryear! Remodeled and priced to sell! 3 BR under $70k!

Mon, 01 Dec 2008 15:49:24 -0800

Greg Taylor | Creative Property Solutions, Inc. | 270-761-4663

221 Smith St., Puryear, TN

Why pay retail?

3BR/1.5BA Single Family House

offered at $65,000

Year Built	Unspecified
Sq Footage	Unspecified
Bedrooms	3
Bathrooms	1 full, 2 partial
Floors	1
Parking	Unspecified
Lot Size	1 acres
HOA/Maint	$0 per month

DESCRIPTION

3 BR home in Puryear priced well below market value. Located on a double-lot this home is Handicapped accessible, and within walking distance to the elementary school.

see additional photos below

PROPERTY FEATURES

Central A/C

Central heat

ADDITIONAL PHOTOS

Seller contact info:

Greg Taylor

Creative Property Solutions, Inc.

270-761-4663

For sale by individual owner

Equal Opportunity Housing

Posted: Dec 1, 2008, 1:45pm PST

Commercial or Residential - You Pick! $400/mo! For rent in Mayfield, KY

Mon, 01 Dec 2008 15:46:18 -0800

Greg Taylor | Creative Property Solutions, Inc. | 270-761-4663

336-A West Walnut St., Mayfield, KY

3 BR, 2 BA for Rent or Rent to Own! Low down payment. Visit www.wkyhomesellers.com for more information.

3BR/2BA Single Family House

$400/month

Bedrooms	3
Bathrooms	2 full, 0 partial
Sq Footage	1,200
Parking	3+ dedicated
Pet Policy	No pets
Deposit	$400

DESCRIPTION

Good location, great value. Many parking spaces available. Large walk-in freezer adds to this property.

see additional photos below

RENTAL FEATURES

Air conditioning

Central heat

LEASE TERMS

Rent for $400 per month or Rent to Own with $2,500 down and $400 per month.

ADDITIONAL PHOTOS

Renter contact info:

Greg Taylor

Creative Property Solutions, Inc.

270-761-4663

Equal Opportunity Housing

Posted: Oct 15, 2008, 1:49pm PDT

For Rent in Mayfield - Great Property - Call NOW - 270-761-HOME

Mon, 01 Dec 2008 15:44:39 -0800

Greg Taylor | Creative Property Solutions, Inc. | 270-761-4663

336-B W. Walnut St., Mayfield, KY

For Rent or Rent to Own! NICE 3 BR in Mayfield.

3BR/1BA Single Family House

$525/month

Bedrooms	3
Bathrooms	1 full, 0 partial
Sq Footage	Unspecified
Parking	Unspecified
Pet Policy	No pets
Deposit	$525

DESCRIPTION

Charming 3 BR 1 BA home. Move-in ready! Available November 1.

see additional photos below

RENTAL FEATURES

Air conditioning	Central heat	Tile floor
Living room	Breakfast nook	Refrigerator
Stove/Oven	Washer	Dryer

COMMUNITY FEATURES

Covered parking

LEASE TERMS

$525/mo rent. Lease and deposit required. OR Rent to Own with $3,500 down and $525 a month.

ADDITIONAL PHOTOS

Renter contact info:

Greg Taylor

Creative Property Solutions, Inc.

270-761-4663

Equal Opportunity Housing

Posted: Oct 15, 2008, 1:44pm PDT

For Rent in Murray, KY - Quality Housing for Quality People - 4 BR - $650/mo

Mon, 01 Dec 2008 15:42:09 -0800

Greg Taylor | CPS, Inc. | 270-761-4663

421 S. 9th St., Murray, KY

Walking distance to hospital. Nice rental home for a family. Murray City School District.

4BR/1BA Single Family House

$650/month

Bedrooms	4
Bathrooms	1 full, 0 partial
Sq Footage	1,500
Parking	3 dedicated
Pet Policy	No pets
Deposit	$650

DESCRIPTION

Nice 4 BR, 1 BA house in the heart of Murray. Clean and nice and waiting for a good person to move in. Call Bonnie or Melinda at 270-761-RENT or visit them on the web at 1cornerstonerealty.com for more information.

see additional photos below

RENTAL FEATURES

Air conditioning	Central heat	Tile floor
Living room	Refrigerator	Stove/Oven
Washer	Dryer	Laundry area - inside
Yard

COMMUNITY FEATURES

Garage parking

LEASE TERMS

Non-smoking house. Pet deposit required, only small pets allowed.

ADDITIONAL PHOTOS

Renter contact info:

Greg Taylor

CPS, Inc.

270-761-4663

Equal Opportunity Housing

Posted: Dec 1, 2008, 1:26pm PST

Great home for sale in Paris, TN - PRICED RIGHT - MUST SELL

Mon, 01 Dec 2008 15:40:30 -0800

Greg Taylor | Creative Property Solutions, Inc. | 270-761-4663

2255 Reynoldsburg Rd., Paris, TN

Don't miss this incredible Offer!

5BR/2BA Single Family House

offered at $49,900

Year Built	1945
Sq Footage	1,915
Bedrooms	5
Bathrooms	2 full, 0 partial
Floors	1
Parking	Unspecified
Lot Size	1.20 acres
HOA/Maint	$0 per month

DESCRIPTION

This is a nice 5-bedroom, 2 bath home located in Paris, Tn. This home was appraised for $70,000 and we are selling it for $49,900. This home will not last long at this price!

see additional photos below

PROPERTY FEATURES

Living room	Dishwasher	Refrigerator
Stove/Oven	Microwave

ADDITIONAL PHOTOS

Seller contact info:

Greg Taylor

Creative Property Solutions, Inc.

270-761-4663

For sale by individual owner

Equal Opportunity Housing

Posted: Nov 10, 2008, 2:28pm PST

Real Estate Investing in Western Kentucky

2010 Kentucky Tax Lien Investing Update

Western Kentucky Real Estate Title Changes due to RESPA

More About Me

2010 Kentucky Certificate of Delinquency Update

June 2009 Meeting of the Western Kentucky Real Estate Investment Association

1307 Farris Ave., Murray, KY - NEXT TO MURRAY STATE UNIVERSITY

More About Creative Property Solutions - Real Estate Investors in Murray, KY - We Buy Houses!

Announcing Bluegrass Mitigation Services - Short Sale Consulting Murray, Kentucky

April 2009 Meeting of the Western Kentucky REIA

CPS, Inc. - We Buy & Sell Homes, Houses & Real Estate in Murray, Kentucky

For sale - 3 BR Brick Home in Puryear, TN - $69,900 - GREAT VALUE!

Wilshire Credit is HORRIBLE to work with - COMPLETELY RIDICULOUS

Creative Property Solutions, Inc. - Murray, Kentucky Real Estate Investors - Why we do what we do.

February meeting of the Western Kentucky Real Estate Investment Association

Upcoming meeting of the Western Kentucky REIA

Agenda for the December 2008 Western Kentucky REIA Meeting

December Meeting of the WKREIA is Tonight at 7:30 PM

Video of real estate in Paris, TN - Home for sale by CPS, Inc. - Serving West Tennessee

Duplex in Paris - BELOW $25,000! Rents of $700!!!!

4 BR Home in Puryear - $50,000! Brick, CHA - What More Do You Want?

Great Home in Puryear! Remodeled and priced to sell! 3 BR under $70k!

Commercial or Residential - You Pick! $400/mo! For rent in Mayfield, KY

For Rent in Mayfield - Great Property - Call NOW - 270-761-HOME

For Rent in Murray, KY - Quality Housing for Quality People - 4 BR - $650/mo

Great home for sale in Paris, TN - PRICED RIGHT - MUST SELL