Re: 1031 Real Estate Exchange

Dear Mr. Jarrott:

I wanted to take a moment or two to both thank you and compliment you on the efficient and effective manner in which you handled my recent 1031 real estate exchange. I must admit that I was somewhat apprehensive at the outset in view of the fact that one property was in Florida, the other property was in South Carolina, you were in California and I was in New Mexico! However, with your FAX and 800 telephone number, everything worked out extremely well and in an expeditious manner.

Another feature of your service that very much impressed me was the large number of available properties to which you had access throughout the United States. You presented me with pages of properties extending from South Carolina to California and Minnesota to Arizona. I was quite pleased with the range of properties from which I could select for my real estate exchange.

Thank you again for your excellent services and the diligent manner in which you handled my project.

Very truly yours,

HUGH J. HAFERKAMP

To whom it may concern:

Len Jarrott has just successfully shepherded us through our first 1031 exchange, trading land in Santa Barbara, California for commercial property in Louisville, Kentucky, using a Starker Delayed exchange. With his vast experience he helped us narrow down the myriad of possibilities to several that meet our particular needs. Len showed amazing patience as we inspected, rejected, and reevaluated many possible properties, each with its own due diligence process. We found him to be excellent at his craft He is intelligent, well organized, and always available.

After our exchange escrow closed, there was a problem getting the check. Even though Len had completed all his responsibilities he was right there assuring us that he had everything under control and many phone calls later the problem was solved.

Yours truly,

R. WILKINSON

CHICAGO TITLE COMPANY

1101 ANACAPA ST., SANTA BARBARA, CA 93101

Len Jarrott

Jarrott and Company

Dear Len,

We have been working with you for a number of years now and we are always impressed by the wide range of experience you have in the commercial and residential fields.

You are easy to work with because you are flexible and find creative ways to solve issues that come up in a real estate transaction. You have a high success rate and we feel it is because you see each transaction through to completion.

We are always thrilled to see you open a new order with us, knowing that the transaction will close, your clients will be informed and that we will have another satisfied Chicago Title client.

Sincerely,
Carolyn Hald
Branch Escrow Manager
La Cumbre Office

Denise Patten
Sales Representative

Jarrott & Company
3532 Chuparosa Drive
Santa Barbara, Ca. 93105

Dear Len,

A belated thanks for representing us in our recent 1031 tax deferred exchange of commercial property. You were successful in locating a desirable property that fit our parameters. This property has all of the things we were hoping our new investment would possess. Among the requirements was a property that met our budget, with an expectable return on the investment, a tenant with a solid financial backing and a long-term triple net lease. We are very pleased to now own such a property.

The time you took to ascertain our needs and the patience you exercised through out the negotiation phase did not go unnoticed, you are a true professional. Additionally, working with you was a very enlightening and rewarding experience.

We can and will recommend you to any contacts we may have that would benefit from the services you efficiently provide. With thanks and profound gratitude.


Yours very truly,


Thursie Pensa


Gregory Pensa


Frank Sutcliffe


Anna Sutcliffe

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Dear Len:

    I thank you for the efficient manner in which you assisted me in acquiring the 7-Eleven, Inc. convenience store in Wesley Chapal, Florida.  I was looking for a sound upleg property to complete my 1031 exchange, and you kept presenting me with several eligible properties until I made this selection.

    I was so pleased with the solid quality of the 7-Eleven, Inc. NNN properties to which you referred me that I even purchased a second one for my corporation.

    I had never dealt with you before, and I must say that your professionalism and straight talk far exceeded my expectations.  I shall be pleased to utilize your services again when I am again in the market for a commercial property.  

Yours very truly,

Art

Arthur N. Rupe
 

3887 State Street, Suite 22, Santa Barbara, CA 93105 805-687-8586