S.E.C. Real Estate Observer

Welcome to the spring 2017 issue of the S.E.C. Observer. In this issue, Nick J. Esterline, S.E.C., the 2017 president of the Society, imparts an important life lesson that his mother taught him about patience. Ernie Eden, S.E.C., summarizes the “fifteen-year history of a triplex” and a series of creative financing techniques that he used […]

When I was a little boy—in fact, all throughout the years as I grew up—my Mother had a saying that used to drive me NUTS!  Anytime I was anxious for something to happen (ie., Christmas, birthday, school to get out, etc.), she would always say to me, “Nick, patience is a virtue, and one that […]

This is a whole series of creative financing techniques used on one property over a 15-year period. In 1999, I had a client who was in a pickle. She was living in an assisted living facility, but she still owned a residential triplex where she had lived for many years previously. She had given power […]

Recently I was at a dinner with a group. One of the attendees was clearing and wiping the table. I was having a little fun with him, and said, “You missed a spot” and pointed. He calmly looked at me and said, “I’m working on improvement, not perfection.” A lot of life is like this—can […]

Bargain Sale Technique A Rarely Used Technique to Solve a Client Property Liquidation Issue Chase Magnuson, CFO Society of Exchange Counselors members often are retained by clients with complex ownership issues.  As problem solvers, members use many seldom-used, creative concepts to reach an acceptable resolution for their clients.  The use of charitable bargain sales arrangements […]

This is a guide list. You will have to develop the specific things you need depending on the
requirements of each individual client case.

Paul M. Winger, S.E.C. 2017 S.E.C. Education Foundation President Homework.  Remember how much you dreaded doing your homework when you were a kid?  As an adult, the only thing more inconvenient might be continuing education requirements.  Getting started and getting through it could be arduous and tedious, but I for one, always felt like it […]

S.E.C. National Invitational Marketing Session Reno, Nevada May 21–24, 2017 The S.E.C. National Invitational Marketing Session will be held at: Peppermill Reno 2707 South Virginia Street Reno, NV  89502 Call (866) 821-9996 to make your reservation. Make your hotel reservations early, as we only have a limited number of rooms available. The cutoff date for […]

Cutting Edge Strategies – Tax, Asset Protection & Trust/Estate Planning Reno, Nevada May 21, 2017 The S.E.C. Education Foundation and the Society of Exchange Counselors are pleased to announce that Peter Karl, III, Esq., will present Cutting Edge Strategies – Tax, Asset Protection & Trust/Estate Planning from 9:00 a.m. to 5:00 p.m. on May 21, […]

S.E.C. National Invitational Marketing Session Indianapolis, Indiana September 10–13, 2017 The S.E.C. National Invitational Marketing Session will be held at the: Alexander Hotel 333 S. Delaware Street Indianapolis, IN  46024 Call (855) 200-3002 to make your reservation. Make your hotel reservations early, as we only have a limited number of rooms available. The cutoff date […]