Deed of Trust

Archive for December, 2009

Are you thinking of becoming a Deed of Trust buyer? If you are thinking of becoming a deed o trust buyer, you have come to the right place to learn how to become a Deed of Trust buyer. There are many benefits of becoming a Deed of Trust buyer.

What is a Deed of Trust buyer?

A Deed of Trust buyer is a real estate investor who buys a Deed of Trust from lenders, usually private lenders. A Deed of Trust buyer usually pays cash and assume the terms of the Deed of Trust. In another word, the Deed of Trust buyer becomes the new lender to the borrower. A Deed of Trust buyer usually buys both a deed of trust and a mortgage.

The benefits of being a deed of trust buyer

The first benefit of being a deed of trust buyer is financial. A deed of trust buyer makes alot of money while not having to do much work to earn the money.

The downside of being a deed of trust buyer

If you want to make money by becoming a deed of trust buyer, you have to know the downsides as well as the upsides. In many real estate investing situations, you can pretty much go into real estate and make money without any start up cash. It is the no money down concept of real estate investing that interests many new real estate investors.

As a deed of trust buyer, you will need to have some cash because, effectively, you will be lending money to homeowners. The homeowner will pay you interests and principal over time. A deed of trust buyer gets a constant stream of income from interests paid to him or her by the borrower. However, the money is tied up and the deed trust buyer will not be able to access the money for other real estate investing purposes.

Who is ideal to become a deed of trust buyer?

For those who has a pool of money that is not used for anything and want higher interest rates than what they can get from CDs at banks and financial institutions, becoming a deed of trust buyer may be ideal.

Where to buy deed of trust?

A deed of trust buyer can buy deeds of trust directly from deed of trust owners or from a deed of trust dealer. A deed of trust dealer secures a deed of trust and sells to the deed of trust buyer at a fixed price.

• Trust Deed Buyers
• Deed of Trust Buyers

Question: What is an assigment & transfer of personal property to revocable living trust? Does it help avoid probate?

My dad passed away without "properly" funding his trust. We found a form with his trust titled "assignment & transfer of peronal property to revocable living trust" that states he transferred all his property to the trust. If he did not draw a new deed stating the trust owns the property, does this form help at all to void probate? What is it for?

Answer: Anything with a title is NOT covered by the transfer. The assignment and transfer would apply to items such as clothing, furniture,etc. Cars, homes, and other Real Estate most be retitled to the trust BEFORE death. That is what in meant by not properly funding the trust. In the case you describe, your dad WASTED whatever it cost to set up a trust that doesn't actually own the assets it was set up to own.

REALTOR Scumbag deed transfer scam

Question: Has anyone earned a good return investing in trust deeds?

I'm takling about real estate trust deeds. Are they profitable? Any one have any experience with these investments?

Answer: "Trust deeds" can be profitable, but as with all "high yield" instruments, they can also be very, very risky. If a property owner files for bankruptcy, for instance, and the foreclosure process is stalled, you may incur significant additional legal costs getting the Court to release the property from the bankruptcy so it can be foreclosed own.

People do make money in trust deeds, but many more lose money because they don't really know what they are doing!

The smartest way to earn money is doing something you FULLY understand...

Best wishes

2133 Valley Tracking #106 TD