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Risks


This is a very limited risk investment. During the period of ownership, funds will be accruing an estimated 7% interest (including redemptions) the first nine months and 14% interest during the rest of the ownership term, both of which are guaranteed by the property. There are three specific risks involved:

1. If the owner of the property redeems the property before the accrued interest has paid off the premium. This risk will be mitigated by purchasing multiple properties. This risk has been figured into the 7% return above.

2. Destruction of the property during the lien ownership period. Should the property burn or be subject to any other natural disaster it is possible that all moneys paid to obtain liens will be lost. Insurance on the property SHOULD pay all of the amounts owed on the lien, however, if a property owner has allowed their property to come under a lien, (s)he may not be able to afford insurance either. The only way to mitigate this occurrence is to, again, purchase multiple properties. The possibility of this occurring is small, however, it needs to be taken into account when making this investment.

3. The property is a bio- or other environmental hazard. If the property is an environmental hazard, not only will sale be near impossible, the LLC may be liable for clean up. The yearly review of each property will limit the possibility of the LLC endorsing a hazardous property. Should the management discover that a property is listed as a hazard property or litigation is pending on the properties status, lien certificates will not be endorsed. Though this is no guarantee that the properties will be free of hazards, the review process will significantly reduce the possibility. The possibility of this occurring is small, however, it needs to be taken into account when making this investment.

4. The property is owned by Freeman or other anti-government individuals. This would make it very difficult to take possession of the property after the title has changed hands. The yearly review of each property will limit the possibility of this occurring. Should the management discover that a property is involved with illegal activities, lien certificates will not be endorsed. Though this is no guarantee that the properties will be free of these activities, the review process will significantly reduce the possibility. The possibility of this occurring is small, however, it needs to be taken into account when making this investment.

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This is a generally safe, though very long term investment. For a hard copy of the full proposal please send three dollars (to cover postage) to:

Kaim Chigh, L.L.C.
PO Box 1417
Golden, CO 80402
or call:
(888)323-1488
Click here for information on working with us to Purchase Real Estate in Expanding Markets.

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