Domestic Development Company announces a compelling real estate investment product that allows real estate investors to invest in oil, while yielding the greatest payback, superior tax benefits and long-term cash flow.

“In today’s volatile real estate market, many real estate investors are seeking alternative investment opportunities,” says Charles H. Havens, CEO Domestic Development Company.

In fact, according to a recent article that appeared on FoxSmallBusinessCenter.com, home values have dropped for 57 consecutive months – a certain sign that the country’s housing market is still struggling to recover from the recent financial crisis.

Further, Inman News reported that most U.S. adults don’t expect real estate recovery until 2014 or later.

So, where can real estate investors turn?

“Investing in oil is the answer,” says Havens. “It’s real estate. It not only provides a secure investment environment; it also provides a superior tax advantage and proven, documented 25 to 45 percent returns, annually.”

While gold and the stock market are traditional investment avenues, key players at Domestic Development Company document that when you invest in oil real estate has major tax advantages and cash flow over gold; it’s less volatile than the stock market; and provides the overall greatest pay back and creates good-paying jobs in the domestic oil industry. Typically, real estate investors will make their initial investment back in two to four years.

Aside from ZERO depreciation in oil real estate, there are numerous advantages to investing in oil. Among them is the 1031 Real Estate Exchange for Oil and Gas Production. Under Section 1031 of the U.S. IRS Code 26 U.S.C. 1031, the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale. In turn, this defers any capital gain taxes that may be due.

Additionally, recent congressional incentives encourage domestic petroleum development via tax credits. These tax credits were placed in the tax code to make participation in oil and gas ventures one of the best tax-advantaged investments. For example, a $100,000 investment would yield $75,000 in tax credits.

About Domestic Development Company:

In business since 2004, Domestic Development Company’s mission is to provide economical and rewarding investment-grade opportunities in the oil and gas industry. DDC has an A+ rating with the Better Business Bureau.

The company attributes a large portion of its success to achieving reduced investor costs and higher returns by utilizing specific, proprietary strategies and integrated technological exploration methods for its revitalization to existing and capped wells.

As a result, investors have substantially reduced risk, lower costs and superior profitability.

For more information visit http://www.ddcoil.com or call 214-449-0834.


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More Obama & HAMP Failures!

by Admin on July 21, 2010

Just Remember: The governing administration stated they will aid 3 to 4 million home-owners with the Obama Making Home Affordable Program.

An boost in foreclosures, merged with the recent decrease in real estate sales, could send property prices in a free fall again. Some 91,118 people in trial modifications were canceled in June, bringing the total to 520,814 since the program began within the spring of 2009. Far more than 60% of those who dropped out last month had been in trials for at the least half a year. Property owners normally are kicked out of the mortgage modification program because they do not make the required payments, meet the qualifications, or submit the needed paperwork. Once their trials are canceled, about 45% of property owners receive alternate modifications, frequently one from their loan servicer.

Some 8.9% had foreclosure proceedings started against them and 1.3% lost their household in foreclosure. Only 364,077 stressed borrowers remain in the trial phase, some 38,728 of whom entered the software in June. Nearly 166,000 have been in trials for at least six months. 51,205 troubled homeowners received long term mortgage modifications in June, bringing the total to 389,198. 8,823 homeowners had their “permanent” modifications terminated, 195 of whom paid off their loans. “I feel like a broken record, but HAMP continues to perform extremely poorly,” said John Taylor, head on the National Community Reinvestment Coalition, an advocacy group. “The permanent modification numbers are simply way too low, while foreclosure filings continue above 300,000 for the 16th month in a row.”

That is 4,800,000 familes since Obama took office … is this “hope and change”?


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HAMP Just 10% Effective – Obama’s Inexperience, Inability or Ulterior Motive?

April 14, 2010

Today’s newest review by a Congressional Oversight Panel, stated only 168,708 homeowners have been offered a long-term mortgage modification as of February. This is just a tiny portion of the six million individuals with mortgages who are more than 60 days behind on their loans.
These numbers are horrible!
The homeowners who received assistance are LESS THAN [...]

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This Weeks Upcoming Mortgage News

March 1, 2010

This will be one of the most crucial weeks in the last few months for the financial markets.

Very crucial economic information this week, but none more important than Friday’s February employment data.

The key data points this week are personal income and spending for January, both ISM manufacturing and services reports, February auto and truck [...]

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Real Estate Sales Decline 7.2%

February 26, 2010

According to the National Association of Realtors (NAR), existing home sales fell in January but are above last year levels. Economists polled by Thomson Reuters had forecast that completed sales the previous month increased roughly 1% to a seasonally revised annual rate of 5.5 million, up from 5.45 million in December.

Existing real estate sales, [...]

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11.3 Million Houses Underwater

February 24, 2010

According to DSNews.com a new study introduced by First American CoreLogic Tuesday, in excess of 11.3 million residential homes were in negative equity at the last year.

This equates to 24 percent of all houses in the United States with home loans, up from 23 percent, or 10.7 million households, at the end of last [...]

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Home Mortgage Rates Grew – Mortgage Applications Down

February 24, 2010

The Mortgage Bankers Association’s (MBA) released its ‘Weekly Mortgage Applications Survey’ for the week ending February 19, 2010.

The Market Composite Index, a measurement of home mortgage application levels, dropped 8.5% from the prior week.

The Refinance Index decreased 8.9% from the preceding week, while the seasonally revised Purchase Index decreased 7.3% from the prior week. This [...]

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Foreclosures At All Time High

February 22, 2010

Mortgage delinquency rates are down but foreclosures at all time high
According to the Mortgage Bankers Association’s (MBA) National Delinquency Survey, the delinquency level for home loans on one to four family residential properties dropped to a seasonally modified rate of 9.47 percent of all the mortgages currently outstanding as of the end of the 4th [...]

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Pseudo Government Entity Raised Its Discount Rate

February 19, 2010

The pseudo federal government entity, the Federal Reserve (they are a private institution Not a federal government entity) raised its discount rate last night to .75% from .50%. It had been widely telegraphed they would do this, however, the timing of the move wasn’t anticipated so quickly.

The move signals the end from the Fed’s [...]

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It’s Not Over – Mortgage Delinquencies Continue Their Climb

February 17, 2010

Mortgage Delinquencies Still Going In Wrong Direction
According to TransUnion, a top rated credit reporting agency, 6.89% of mortgage payments were Sixty or more days past due in the Fourth Quarter of 2009, up from 4.58% in the final 3 months of 2008.

The prior record delinquency rate was 6.25% in the third quarter of 2009. [...]

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