640 N. Tustin Avenue #201
Santa Ana, CA, 92705
ph: (714) 245-7766 fax: (714) 245-7769
JLM is a wholly owned subsidiary of Orange Coast Title Company.
Assisting the Professional Real Estate Community in the areas of 1031 Exchange Programs and Individual & Commercial Foreclosures.
Foreclosures
JLM is proud to be a valuable partner in handling your foreclosure needs.
Foreclosure is the legal proceeding in which a mortgagee, usually a lender, obtains a court ordered termination of a mortgagor's equitable right of redemption. Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the owner the right of redemption if the borrower repays the debt.
JLM assists Real Estate professionals to utilize the amazing benefits of IRS section 1031 and provides the professional real estate community and its clientele the guidance and services necessary to employ these techniques and maximize the retention of your assets!
JLM reviews your 1031 transactions (Exchanges) to insure you are able to defer capital gains tax.
JLM acts as Intermediary (substitute) for the client (property owner) who wishes to execute exchange of properties without triggering tax consequences
JLM assists all parties to the transaction as needed (Realtors, Escrow Officers, Lenders, Legal and Tax Advisors).
JLM receives and secures proceeds from sale of initial property (in guaranteed, interest bearing account) while client identifies and initiates acquisition of replacement property.