Morgan Acquisitions

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Testimonials

Karen Woodson

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Dear Mr. Morgan,

Thank you for all you have done during the purchase of my house.  I have never sold a home before and you were helpful and professional during all of our interactions. You took care of all the dealings with the mortgage company and kept me informed of progress and results. I appreciated the fact that you did not judge me based on my current situation (Foreclosure).  It was tough for me to have to sell the house.  I was worried that I might have to pay the balance amount after the short sale to the mortgage company but you took care of that too (no deficiency judgement).

You gave me encouragement when I needed it and addressed all my concerns.  When I called to terminate the electric service you had already efficiently changed it over to your company!  You also recommended a lawyer who resolved a title problem promptly.

As I told you, my parents built the house.  It meant a lot to me that you shared your plans for the renovations the house needed. You went beyond the repairs the house required and added significant updates. Thanks to you, the new owners are very lucky to have that beautiful property and a house that now matches it. I would recommend your services to anyone that has a house to sell.  You made the entire process clear and much quicker than I could have done it on my own.  Thank you again and good luck in the future.

Karen Woodson
Vernon, CT

Elaine Cartwright

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We just wanted to thank you and let you know it was a pleasure doing business with you in the sale of our house and we appreciated your patience and helpfulness with the problems we had getting the tenants out of the house.  You made the process of selling our house very uncomplicated and stress free.  Thanks again.

Joe and Elaine Cartwright
Fairfield, CT

Cathy Porter

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"I still can't believe you bought my house in less than a week right before the foreclosure sale. Thank you for saving my credit."

Cathy Porter
Naugatuck, CT

Sandy Spataro

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We recently purchased our new old home from Marc (Morgan Acquisitions, LLC).  I never would have thought that I would ever want to buy an old 1850 home.  But when we first walked in it was love at first sight.  Marc has the vision to see what changes can improve the livability of the home without changing the character.  Marc and his crew are the Transformers.  Marc was an absolute sweetheart to work with.  He made a list of things that he was going to replace or repair without us having to ask.  And he agreed to almost everything I asked for.

Joe and Sandy Spataro
Tolland, CT

Carolyn Leveyn

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We are approaching the second anniversary of our investor/lender relationship.  I want to thank you for assembling such an outstanding team dedicated to making safe investments in trust deeds.

You appraise values properties conservatively.  Each appraisal includes the detail needed to enable me to feel comfortable investing without having to reevaluate the property.  Craig is the best loan executive I have worked with.  Craig follows strict guidelines and lends only the amount of money supported by the property valuation.  Your staff executes the back up paper work accurately and timely.  Best of all your borrowers come back again and again.  This allows me, an investor, to feel I am loaning to borrowers with a good tract record.

My pension fund monies are invested in the 9.9% loan term eight year notes.  I enjoy diversification between different properties located in different cities, different borrowers, etc.  The long term loans are structured to provide long term returns and security of principal.

The short term loan program at 12.5% interest provides me cash flow.  Again I feel my investments are secure because of the realistic loan to value (60% or less).  Also, properties are located in different cities and loans are made to experienced fix up operators with tract records.  Most importantly the borrowers (fix up operators) have 20%-30% of the money in the deal.

Putting all the above together, you are offering investors a really safe and well managed program for short term or long term investments.  I hope we can do business for a long time.

- Carolyn Leveyn

Carolyn Leveyn
Avon, CT

Joseph Killington

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I am the trustee for 3 family trusts, whose funds and investments I manage.  For the last 13 years I have been a participant, on behalf of the family trusts, in the Morgan Acquisitions Private Money Investment Program.

Since 2008 I have invested a significant portion of the funds in aproximately 14 first trust deeds with Morgan Acquisitions.  These trust deeds have earned approximately $675,000 in interest income for the 3 family trusts.  Of the 14 trust deeds 2 are presently open and still in existence.  The other 12 have closed with 12 providing a complete payback of principal and all interest.  In 2009, as a result of the recent real estate bubble, 2 trust deeds only paid back a portion of the principal invested, resulting in a loss of $50,000.  This loss pales in comparison to the interest income earned over the years.  The loss calculates out to be less than 9% of the healthy interest income earned from all the other first trust deeds.

I continue to have complete confidence in the Private Money Investment Program as evidenced by our present exposure.

- Joe K.

Joseph Killington
Windsor, CT

Jason Brekem

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I came to Morgan Acquisitions during the depths of the Great Recession. I was looking for an alternative to the instability of the stock market. I became aware of Marc Morgan from a presentation he conducted at the Apartment Owner's Association and decided that the timing was right to join his private investor pool as a trust deed investor.

I was quite willing to trade the inconsistencies of the stock market with the steady, predictable results as a private lender. Some of the advantages I have found in working with Morgan Acquisitions are superb underwriting of their loans, predictability of income, high rate of return combined with low risk and most importantly...integrity.

I value integrity in my business relationships.  MA.D. also has excellent back office support for their trust deed investments and are timely, efficient and communicative. The decision to work with Morgan Acquisitions has exceeded my expectations and makes this recommendation very easy to complete.

- J. Brekem

Jason Brekem
Vernon, CT
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