Norada Real Estate Investments

We routinely advise potential investors to read and understand all provisions of contractual agreements and not to rely on verbal promises by commissioned salespersons. The market value of an investment property should be critical to your decision to lend your funds or purchase a promissory note because there is a possibility that the only way to recover your investment is through the sale of the Property. Therefore the market value of the property should be correctly estimated and the total loan-to-value ratio properly analyzed. This information should be made available to you before you commit your money to the transaction.~~The sale price the cost to build or the value in use to a specific owner does not necessarily represent the market value of the Property. A market value opinion requires consideration of comparable sales and other market data by a competent professional. The market value conclusion may be presented in the form of an appraisal report. While the borrower customarily pays for the cost of the appraisal report either you or the MLB usually retain the appraiser’s services to prepare the report which should be reviewed by you in advance of funding the loan or purchasing the promissory note. You should make every effort to inspect the Property which will be the security for your investment.~~Careful evaluation of all investment offers should be done prior to signing agreements. Rather than make an immediate decision insist that the caller confirm details of the offer and all verbal promises in writing. Verify that the offer is registered or exempt from such requirement with your state securities commissioner. In California call the Department of Corporations 213 576-7500. Limited Partnerships are required to register unless an exemption is filed with the state. General Partnerships however are not required to register. Those who invest in General Partnerships may also be accountable for the financial liabilities of the entire partnership. Offers claiming to be exempt from registration must meet specific requirements. Specifically they must be limited to no more than 35 investors who are: immediate relatives or friends; current investors in other offers made by the company; persons referred by current investors; and to those with the expertise to make a valid decision. Generally if an offer is sold via telephone it is an indication it would not be qualified for exemption under current law.~~This company's principal also owns another company located at the same address called Cash Flow Energy Fund LLC. A seperate report is available upon request.~