Hiring Experienced Real Estate Salespersons Lopez-Pierre Realty, LLC is an established licensed real estate broker, operating in Harlem and the Upper West Side that is seeking to hire, self starters and motivated experienced licensed real estate salespersons. No desk fees. High commission paid: 70% for agents. Click Here For Information
CoSignLeases.com was established to help people with limited or poor credit histories rent Harlem apartments. We understand as guarantors of Harlem apartments that people at the start of life have limited credit to qualify for Harlem apartments. We at CoSignLeases.com understand that being laid off from a job can affect a credit score and history. We at CoSignLeases.com serve as guarantors for those looking to rent Harlem apartments. We at CoSignLeases.com are committed to helping good people with poor credit scores rent Harlem apartments.
CoSignLeases.com was created to give good people a chance to rent Harlem apartments. Instead of judging you on your credit score, we at CoSignLeases.com look at your current employment, income, debt and other factors that affect your ability to pay rent. As guarantors of Harlem apartments, CoSignLeases.com helps people find a great place to live.
NOTE: While we at CoSignLeases.com are committed to helping those with less than ideal credit, we will NOT be able to help those persons who have been evicted from their apartment for non-payment of rent within the last ten years.
The CoSignLeases.com Lease Guaranty represents for the landlord a guaranty of payment of up to six months of rent on a one year lease versus a guaranty of collection by an individual. CoSignLeases.com pays the landlord on the Guaranty within ten business days of filing a notice for payment (additional conditions apply). CoSignLeases.com will only guaranty lease terms of one year. Landlords can now accept a broader range of applicants looking to rent Harlem apartments because we serve as a guarantor.
CoSignLeases.com provides landlords and management companies with the financial security they need so they can reduce their vacancy rate of Harlem apartments while helping people secure the housing they desire and can afford. CoSignLeases.com Lease Guaranty is solely for the benefit of the landlord, and the tenant shall have no right to seek any benefits from or payments under the CoSignLeases.com Lease Guaranty. The CoSignLeases.com Lease Guaranty provided to the landlord in no way relieves the tenant from their obligation to pay rent for the apartment, and will not protect the tenant from or prevent an eviction if the tenant fails to pay their rent. In addition, CoSignLeases.com will sue the tenant for any amount paid to the landlord (including but not limited to any attorney's fees and expenses incurred by the company to collect).
CoSignLeases.com is not an insurance company. CoSignLeases.com is a New York Corporation; consisting of private investors. CoSignLeases.com does not offer; realty, insurance, credit, life, property or casualty insurance products or services, nor does the Corporation hold itself out as a licensed insurance company offering such services provided by a licensed insurance company. We do not provide advice or brokerage services of any kind. CoSignLeases.com PROVIDES AN INDIVIDUAL SERVICE THAT OFFERS ONLY GUARANTEES ON APARTMENT RENTAL LEASES OF UP TO SIX MONTHS, IN THE EVENT OF A TENANTS DEFAULT. ADDITIONAL TERMS APPLY.
In the beginning, CoSignLeases.com will be self-insured. CoSignLeases.com approaches self-insurance as a risk management tool. Funds are set aside (similar to an insurance premium) using actuarial science and historic trends to enable the company to cover future uncertain losses. CoSignLeases.com maintains cash reserves segregated in an attorney's escrow account equal to one month's rent (maintained during the full term of the lease) for each lease that the company serves as guarantor. In addition, CoSignLeases.com maintains a strict adherence to an effective underwriting standard that substantial reduces the company's exposure to uncertain losses. For instance, CoSignLeases.com will not serve as a guarantor for someone who has in the last 10 years has been evicted from an apartment for non-payment of rent.
By the Fall of 2012, CoSignLeases.com will raise one dollar for every ten dollars under the company's lease guarantees. CoSignLeases.com will raise the capital by offering equity positions in pools of packaged contracts of its lease guarantees via private placement memorandums to Sophisticated Investors. CoSignLeases.com will use the funds to finance its rapid expansion and provide for adequate reserves. Investors will enjoy monthly draw downs of principal and dividend payments derived from their prorated share of transaction fee income. Investors will finance 100% of the risk associated with the company's lease guarantees (over the life of a 12 month contract) in return for 50% of the income derived from transaction fees. The CoSignLeases.com Lease Guaranty provides the landlord with a guaranty of payment of up to six months of rent on a one year lease thus limiting investors' exposure to the risk of paying off any contracts that may default.
CoSignLeases.com charges an application fee of $250 per person and a transaction fee of 15% of the annual rent. In addition, CoSignLeases.com as guarantors is willing to accept rent payments as security (which will be refunded based on performance of lease terms) to rent Harlem apartments from those with poor credit. Furthermore, CoSignLeases.com as guarantors will consider those with minimum stated incomes of 30 times the rent (most landlords that rent Harlem apartments require applicants to earn 40 to 45 times the rent). In addition, CoSignLeases.com will consider parents (and other interested parties) who live outside the Tri-state New York area looking to secure housing in Harlem for others).
In support of low income students that live in public housing in Harlem, CoSignLeases.com will donate 10% of its profits to The Harlem Public Housing Scholarship Fund, Inc. (hphsf.org).
For Investor Information, Please Contact Thomas Lopez-Pierre.
Thomas Lopez-Pierre President/CEO CoSignLeases.com, LLC 646-363-9047 info@cosignleases.com
Thomas Lopez-Pierre is a Licensed Real Estate Broker with Lopez-Pierre Realty, LLC operating in Harlem and the Upper West Side of Manhattan. Lopez-Pierre is a socially conscious entrepreneur who serves as the Chairperson of The Harlem Public Housing Scholarship Fund, Inc. (hphsf.org). HPHSF is a not-for-profit organization committed to helping African-American and Hispanic college students, living in public housing in Harlem, finance their education. Mr. Lopez-Pierre attended John Jay College/CUNY.
About Regine Lopez-Pierre
Regine Lopez-Pierre is a Senior Licensed Real Estate Salesperson with Lopez-Pierre Realty, LLC operating in Harlem and the Upper West Side of Manhattan. Prior to joining Lopez-Pierre Realty, LLC,Mrs. Lopez-Pierre worked for over 10 years as a senior credit officer with several mortgage banks. Mrs. Lopez-Pierre graduated with a Bachelor Degree from SUNY College at Old Westbury. Regine Lopez-Pierre is fluent in French, Creole and Spanish.
