Ameraco

B:

BACKUP CONTRACT

An Agreement of Purchase and Sale for a particular property which is conditional (becomes binding) upon the failure of another Agreement for the same property.

BETTERMENT

The improvement of real estate that results in a rise in market value. Also, a legal concept of civil law: when a court award, judgment or order in favor of an injured party places that party in a better position than he would have been had his original injury never taken place.

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AMERACO is an acronym for the American Real Estate Acquisition Corporation. We are a national company dedicated to the acquisition and liquidation of distressed, foreclosed, and deferred maintenance properties in conjunction with our Network of Property Locators and Private Investors.

Our trademark system, Find It And Fund It, is the breakthrough result of nearly 20 years of real estate experience. The program was developed in conjunction with many of the nation’s top real estate investors.

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