JPIH specializes in selling luxury estates and homes, bulk building lots and large land parcels nationwide it acquires from highly-motivated sellers. Because it is able to purchase at substantial discounts, it offers them at extremely attractive values.
Our properties are in highly desirable locations and many include amenities such as beautiful lakes, golf courses, waterfronts, beaches, etc.
In an effort to answer the most frequent questions we receive, we have compiled the following information for your reference. We apologize for this less personal approach, but these properties attract significant attention because of the quality and values they represent. This approach has proven the most efficient in disseminating this information.
Please read all of this information and the Guidelines For Purchase page carefully PRIOR to contacting us! Many of your questions are likely answered and it may help you avoid losing the property to another buyer. Q. Who is JP Investment Holdings, LLC?
A. JPIH is a private real estate investment company that specializes in selling luxury estates and homes, bulk building lots and large land parcels throughout the United States that it has acquired from highly motivated sellers. Every attempt is made to offer its properties at exceptional value pricing.
Q. Where are you located?
A. JPIH has offices in San Clemente, California, and Las Vegas, Nevada. As noted, the properties are located throughout the U.S. and vary with our inventory at any given time.
Q. Can you meet me at the property for a showing?
A. Because our offices are located on the West coast and our properties are scattered nationwide, we are unable to meet prospective buyers at specific properties. However, once escrow has been opened, we will provide full property access and a personal showing will be arranged with either one of our employees or with our local agents. You are welcome to conduct any personal or professional inspections and appraisals you desire.
Q. Do you protect real estate professionals?
A. All JPIH transactions are handled with complete integrity and professionalism. Many of our buyers are represented by real estate professionals who are protected within our contracts and throughout the escrow process. However, please note that JPIH prices the properties we sell extremely aggressively to ensure the best values for all buyers regardless of whether they are represented. Therefore, payment of any fees or commissions related to buyer representation is the responsibility of the buyer. However, we understand that for financing or other business purposes, it sometimes benefits a buyer to include real estate commissions, buyer representation fees and closing costs in the total contract price. We can easily accommodate those needs by your simply adding those amounts to the prices on our listings to the contract price and then stipulating that JPIH will pay those expenses at closing ("grossed up").
Q. What about cash back at closing?
A. Because of the deep discounts off appraised values at which we offer our properties, this is one of the most popular questions we receive from buyers that wish to access the additional equity beyond the purchase price. JPIH is very flexible in working with buyers and can successfully accomplish this objective with the following caveats: (1) All payments to be made at closing must be accurately disclosed in the contract, escrow instructions and/or closing statements. (2) JPIH will not intentionally engage in any conduct or execute any documents where it reasonably believes a lender could be deceived or defrauded into relying on inaccurate purchase prices, terms and conditions or a belief that JPIH is receiving funds to which it is not entitled. Although not exclusively, the easiest ways to tap the additional equity is to either use a lender to whom full disclosure of the transaction terms has been made and that has agreed to the additional disbursement to the buyer or through a second mortgage or equity line of credit either simultaneously with the closing or shortly thereafter.
Q. Do you offer financing on your properties?
A. JPIH is pleased to offer financing on some of our properties in the form of short term first or second trust deeds /mortgages to assist our buyers in maximizing their leverage. Please see the property listings for details. The terms of such financing vary with each transaction and are evaluated in the context of all terms and conditions reviewed in their entirety.
Q. Why don't you have photos of all of your properties?
A. JPIH offers new properties often and nationwide and we work to get them posted to our website as soon as possible. Therefore, although unusual, we do not always have pictures available before the opportunities are posted. However, in most cases, our web site not only features a photo of the property on the main listing pages, but we also have full photo albums on most. Check the property listing for a link. With respect to land parcels only, photographs on this website are in some cases not of the exact property but are representative of the areas in which they are located.
Q. When will I receive my deed?
A. The deed is prepared as part of the escrow process and, once the wire transfer with full payment has been received, the deed is sent to the appropriate county to be recorded. After recording, the deed will be forwarded to you. This process usually takes approximately two to four weeks depending upon the county offices and the U.S. Postal Service delivery times.
Q. Does JPIH directly own all of the properties it offers?
A. Not necessarily. Some of the properties we offer are acquired through various methods including options to purchase or contract assignments. Should an alternative method of acquisition apply to a transaction, those facts are clearly stated in the escrow instructions to be signed by both parties during due diligence. All parties are fully informed and have consented to those arrangements prior to closing. All properties are delivered with clear title and the title company is fully aware when it issues the title policies, including its requirements for ownership transfer, and release of the purchase funds is contingent upon the closing attorney and title company being able to guarantee that free and clear title can be delivered.
Q. How can I contact you?
A. Purchase contracts should be faxed to us at (415) 946-3398. To keep our prices low and to help ensure a prompt response, please submit ALL questions via email to SALES@JPINVESTMENTHOLDINGS.COM.