AHP claim to do everything possible to keep the owner of the property in their home instead of foreclosing. Not only does this fulfil their social obligation to help homeowners, they have also found it makes more financial sense in the long term by avoiding expensive foreclosures.
American Homeowner Preservation began in 2008 as a 501(c)3 nonprofit with a mission of keeping families at risk of foreclosure in their homes. American Homeowner Preservation pioneered the short sale leaseback to help families avoid foreclosure through reduced payments and elimination of negative equity. After transforming to a for-profit, American Homeowner Preservation was able to arrange viable long-terms solutions to keep hundreds of families in their homes.
Each month, AHP uses the funds available to:
- Pay investors their return
- Repay capital
- Keep any remaining funds for themselves
The goal is to repay investors within five years, preferably sooner and they estimate an average return of 12% (not guaranteed).