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Follow on Google News | North American Exchange Creates Massive Option-Based Buy OpportunityFebruary 15th, 2010 - North American Acquisitions, LLC has officially announced to re-open the company’s option-based sales arm through its subsidiary, North American Exchange, LLC (NAMEX).
By: North American Companies Michael Llamas and Peter Woodard, Principals of the NAA , expresses the optioned sales opportunity as “ One of the most amazing opportunities for investors and owner occupied buyers to enter the real estate markets with a REAL EDGE, by re-allowing investors and buyers to acquire options on our company’s holdings, allowing them time to quick-sell the property to someone else or simply come in and close it! If buyers feel the market may go down, they have time to walk away and or quick-sell it to someone. Adversely, buyers could choose to lock in their prices at today’s discount, to then get financing on the property or simply find a buyer to purchase the asset it for them, which gives the buyer a big edge compared to a typical purchase We Plan on allowing up to 120 day options on these sales, which will be broken into week long increments or terms ”. North American intends to employ a ‘daily trading and sales exchange’ for real estate buyers, comparable to what you can fine at the Chicago board of trade or the New York Stock Exchange.. This opportunity will attract virtually every type of buyer including investors, funds, private equity, quick sales, and even first time home buyers. While the level of excitement is high, experts in real estate know that option-based Purchases call for an educated buyer. Buying real estate is speculative, meaning the buyer could possibly lose money if they do not fulfill their obligations on the option. Non-the-less, NAMEX is very excited about offering option based sales, On the buyer’s side, NAMEX’s ‘daily-trading and sales exchange system’ proves attractive, as it will provide buyers with options throughout their transactions. Mr. Llamas stated the following example, “If the company acquired a single $100,000 house and the value of the property is worth $200,000, NAMEX will allow the buyer either a 30-day option at $150,000 with a cost of $3,500 Option fee, a 45-day option at $155,000 with a cost of $3,750 option fee, or a 60-day option at a costs of $160,000 with a cost of $4000 option fee. These flexable terms allows the purchaser the time to fine GREAT Financing ON A GREAT PURCHASE or the time to Quick Sale the Home to another party and still be a principal in the transaction and receive the difference between what we sold them the option for and what they sold the home to their purchaser. NAMEX allows consumers to purchase at much lower discounts compared to purchasing on the open market due to NAA’s Aggregate Purchasing Power. The exchange is considered a “profit-leader” Mr. Llamas closes, “It has been proven that greed in the real estate market only hinders the business, it is time for a change, it is time for everyone to be able to win and with our optioned based platform this will allow buyers the edge they need to hedge the market”. Media Contacts: North American Exchange, LLC is headquartered at: 425 Market Street, 22nd Floor San Francisco, California 94105 Telephone: 1- For all business proposals please email: proposal@ For any further information please email: media@ # # # North American is a premier private, leveraging our team of professionals to source, evaluate and purchase value-added companies and projects, while allowing them to keep their integrity and entrepreneurial spirit. www.NorthAmeriCompanies.com End
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