The Maier Group,
Inc., a
California
corporation
incorporated in
2001, is
licensed by the
California
Department of
Real Estate.
The Maier
Group, Inc., is
the parent
company of Maier
Real Estate, a
full service
real estate
company with 19
years of
experience in
all phases of
real estate.
In 1992,
recognizing the
opportunity to
realize
significant
profits in the
field of tax
defaulted real
estate, the
company created
an investment
division dealing
exclusively with
these
properties.
The
acquisition and
sale of tax
defaulted and
government
seized real
properties, is a
highly
specialized and
little known
segment of the
real estate
industry.
With the
successes that
followed, this
new endeavor
soon became and
remains the
major focus of
the company.
Maier
began seeking
limited outside
investment
participation
and has formed
several joint
ventures with
individuals.
Initially,
investment
emphasis was
placed on the
purchases of tax
defaulted
property
resulting from
unpaid real
property taxes
as offered by
County
Treasurers, who
issue Tax Deeds
upon acceptance
of the highest
bid at auction.
Tax Deeds which
differ from Tax
Lien
Certificates are
attractive
because they
offer immediate
ownership and
control of a
property and
therefore
provide a better
secured
investment.
County Tax Deeds are offered currently by 26 States.
Based on average returns over the past 17 years our net profits have
returned anywhere from 19% - 38% per
transaction with some returning upwards of
50-100% over investment costs back to Maier and its investors within a 1
year timeframe, on those properties selected by The Maier Group, Inc.
There are literally hundreds of such
auctions held annually across the Country.
In addition to buying Tax Deeds, Maier also purchases selected
government seized properties offered by the US Treasury, IRS, INS, US
Customs, and the US Marshals Service.
These purchases are made throughout the United States
and auctions occur all year round.
County
Tax
Auctions on the other hand are generally held once or twice each year.
Over the past 19 years an extensive amount of research has gone into
developing the numerous complex aspects of this field and refining the
process down to workable procedures.
Foremost has been the establishment of a reliable network of industry
service providers. These
professionals are engaged on an as needed basis keeping Maier’s overhead
costs at a minimum. This has proved
invaluable and has led to the development of a true investor friendly
“turnkey” investment program.
Combined with its years of broad general experience in all phases of real
estate, Maier is able to competently resolve for example, all of the special
legal requirements in these transactions which challenge and often defeat
the less knowledgeable investor.
Maier has developed a safe model using proven strategies for the purchase
and resale of these properties and can offer an excellent high yield program
for investors. It is a highly
disciplined program which is both very low in risk and profitable.
Major emphasis is placed on selecting single family residences of 1-4
units located in good high demand neighborhoods.
These are the easiest to resell.
Each
property is carefully selected based upon a set of proven criteria and
undergoes stringent scrutiny through a process of involving several steps in
the evaluations. It must meet
Maier’s strict requirements before it is approved for purchase.
It is this phase of due diligence which is the most vital.
It is the discovery “due process” which minimizes the risk.
Everything that can be known about a property is carefully researched
and then evaluated, particularly attention is paid to state laws or statutes
affecting either the ownership or lawful transfer to obtain a clear title
after the purchase are made.
Once a property is identified and selected for purchase, Maier will bid on
it up to a predetermined cap.
Preset caps are almost never exceeded, if bidding is unsuccessful, Maier
will go on to the next property or auction. In
this way, Maier, never over pays for a property.
Any refurbishment if necessary and other sales
cost factors associated with a transaction have already been calculated in
determining the profit margin cap.
The preparation process for re-sale begins as soon as Maier is able
to take physical control of the purchase.
Maier places the acquisition up for sale as soon as Maier is able to
remove the “cloud” to the title and obtain a “clear title”.
This is accomplished by procuring a Quit Claim Deed, a Litigation
Guaranty or the filing of a legal action to “Quiet the Title”, sometimes a
combination of all three. This can be accomplished in a relatively short
period of time. Maier has
developed a quick and sure means of hurdling the normal time constraints
imposed by title companies before they will insure.
The Maier Group, Inc. offers an excellent investment vehicle which is time
proven and very successful; one which is backed by the security of real
property and by the experience and integrity of the company.
Since at any time Maier is buying these properties for 30% or more
below their current fair market values, the risk of loss in value due to a
downturn in the general real estate market is greatly minimized.
In fact it is nearly non-existent.
Maier already has a “below fair market value” hedge by virtue of
establishing carefully calculated pre-set buying caps based on current
market activity and trends.
Because these are cash purchases, not leveraged ones, the carrying costs on
properties are minimal. Even if
a sudden downturn in property values were to occur Maier has the option to
rent it out for a positive cash flow, or finance it to free up invested
capital if needed.
With the current state of the real estate market, more
than ever before there is an unique opportunity to reap great profits using
the proven strategies developed by Maier. The Maier Group,
Inc. has determined that given the current depressed market, both the State
Tax Deed and Federal Judicial Deed markets to be extremely lucrative and
offer extraordinary opportunity with minimal risk to investment capital.
