My father, Vartan Aram Khanamirian, was born in Prestwick, Scotland, in 1945. His father was an American Army Captain, and his mother was the daughter of an English financier (who donated two spitfire fighter planes to the RAF).
At the age of 16, my father’s energy and search for profit and adventure could not hold him back from working, for NO pay, at a retail men’s clothing store in Freeport, Long Island. Within the first 30 days, my father sold more merchandise than any other salesperson. After a short time, the owner invited him to become a partner. My grandfather seized the moment and bought the store! He appointed my dad as manager and proprietor. By 1969 my father had built the business into three stores and a separate wholesale business, which included Nassau County employees, including the Nassau County Police Department and local hospitals.
Further seeing his potential, my grandfather suggested Real estate to his son, and in 1975 VAK Realty Corporation was founded here in Huntington, New York. Having had no prior Real Estate knowledge, my Dad relied on his years of retail experience as a salesperson, manager, and owner. He was a quick study of the Real Estate Business. Within one year, he had garnered over 250 property listings and forced the ‘old guard’ establishment brokers to change the ‘listing brokers’ commission from 30% to 50%, and that industry standard remains to this day.
Having had an untreated strep throat at 7, my father developed nephritis, which was misdiagnosed several times before his kidneys died at the age of 25. From that time, my Dad was dialyzed three times per week for 6 hours each at home. A potassium absorbent was prescribed, which my father took for the next 18 years. At the age of 43, my Dad was told he could no longer be dialyzed.
A kidney transplant was necessary, and after discovering that not only were me and my two siblings perfect matches, so was my mother, Mary Anne. My mother donated her kidney to my Dad in July 1988 which kidney died four days later. The surgeon admitted to ‘kinking’ the ureter. My Dad insisted the same doctor perform the next transplant for which I donated. My father had 16 more years moving his business and family forward without ever calling attention to his illness and discomfort.
My father’s business card had a circle of words surrounding his company logo that read: honesty, reliability, integrity, professionalism, and fairness. The VAK Companies incorporate these philosophies into our relationships with customers, investors, and all with whom we conduct business.
Our focus and daily goal is to maximize the returns to our investors. This is accomplished through daily collection pursuit, loan sales, and incentivizing refinances.
We invest in people, not numbers on a page. We treat our customers as people, not units on a graph or spreadsheet. We can be reached 24 hours a day, seven days a week by phone, email, or text.
The rapid rise of VAK Capital’s lines of credit is testament to its expertise in maximizing the value of delinquent mortgages.
VAK Capital is led by a management team with over 90 years of combined experience in the mortgage industry.
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