The Opportunities Program

The &O program is designed to help developers begin construction on time, while letting individuals participate in a project's upside by purchasing units at prices well below those sold to the public. &O achieves both of these goals by negotiating with developers on behalf of several buyers for the purchase of a significant number of the units in a real estate project. As a result, developers gain the benefits associated with selling many units quickly, while individuals gain the leverage related to buying as a group.

&O negotiates with developers to purchase units, predicated on 4 fundamental terms, which add security to the buyers' real estate investment and they include:

DEPOSITS
Deposits are limited to 10% or 20% of the purchase price and are maintained in escrow accounts, which earn interest on behalf of the buyer. If developers are allowed to use the deposits during construction, deposits are protected by a third-party payment bond, issued by a reputable bonding company.

PRICE PROTECTION
The prices sold by the developer to the public must be at least 15% greater than the purchase price of each unit purchased by an &O buyer. If the developer reduces prices during construction, the &O buyer's purchase price is reduced, dollar-for-dollar, thereby protecting the buyer's dollar margin and corresponding equity position.

ASSIGNABILITY
Each buyer will have the right to assign its purchase agreement to a second buyer without penalty.

CLOSING
&O buyers can only be brought to closing, if ever, upon certain pre-set conditions.

The net effect of these terms is to create a safe and attractive vehicle for individuals to invest in preconstruction real estate, whereby initial down payments are protected and equity positions contractually fixed.