Capital Assets success depends upon its ability to buy tax liens over a long period of time. To do that, Capital Asset must develop strong, long-term ties to the communities in which it operates. Such a business philosophy requires the good faith of both governmental leadership and grassroots community leaders. Capital Asset recognizes that good faith must be earned. To that end, Capital Asset and its affiliates follow a Good-Partner business philosophy.
This means:
Commitment to Neighborhood Stability
Through its redemption first strategy and its long-term investments commitment, Capital Asset is able to offer owners of delinquent properties flexible payment programs. It is also frequently able to offer renters of delinquent properties that are foreclosed upon the first opportunity to purchase their home at below market prices. Capital Asset has no interest in owning property, but does have an interest in seeing that neighborhoods remain stable and property values consistent, giving delinquent taxpayer’s greater incentive to redeem the liens. Also, as a part of its business philosophy, Capital Asset is committed to working with government officials and neighborhood leaders to participate in neighborhood rehabilitation programs. Capital Asset knows that by being a Good-Partner to its neighbors everyone benefits.
Community Involvement
Capital Asset will have employees or affiliates in communities, counties and states where it has a substantial investment. On-site analysis is critical to its business and being directly involved with the community is equally important ot the company’s long-term success. Although Capital Asset may be new to a community, the company will be a Good-Partner by supporting community and civic activities.
Capital Asset Resources
Capital Asset has partnered with the nation’s oldest and most prestigious investors to assure a stable and continual source of investment capital. Because of the overall importance of capital to the business, it is imperative that the company have top-notch cash management services and demonstrated risk management capabilities. Finding and hiring the best financial minds available has allowed us to meet these objectives.
Capital Asset’s resources make the company a Good-Partner to government by providing a substantial, stable and continuing source of funds. Once Capital Asset enters a market there is an attractive alternative to the normal lengthy wait for the collection of delinquent taxes most cities and counties endure.