Strength in Numbers
Your first and last concern in the 1031 exchange
transaction should be security and integrity. Are your funds secure
and will your transaction be processed accurately are the
two most important questions you will pose to the Qualified Intermediary
handling your exchange transaction. Unfortunately, there is no federal
regulation of the Qualified Intermediary industry. And, because
it is fairly easy to become a Qualified Intermediary - it is imperative
that you place your exchange funds with a Qualified Intermediary
that can protect your assets.
Security of Funds - Guaranteed Protection The security
of your funds should be your foremost concern when choosing a Qualified
Intermediary. Nothing is more important than knowing your funds are protected.
Upon request, OREXCO will provide a written guarantee from Old Republic National
Title Holding Company stating that Old Republic National will reimburse you for
any loss of funds transmitted to OREXCO if such loss is the result of OREXCO’s
or its employees’ gross negligence, fraud, or dishonesty.
$50-Million Dollar Professional Liability Insurance OREXCO
is covered by professional liability (errors and omissions) insurance with a
$50mm aggregate limit.
$80-Million Dollar Fidelity Bond OREXCO is insured by a
fidelity bond covering acts of dishonesty or fraud with a $40mm single-loss
limit and an $80mm aggregate limit.
High-Yield Interest Rates Not only should your funds be
protected, they should earn their keep. OREXCO is committed to bringing you
the highest return on your exchange proceeds.