How Does a Trust Deed Investment Differ From a Mortgage?
- Trust Deed Investing
If you have been in the mood for investing in trust deeds
, then now is the time to do it. Why wait? Investing in trust deeds
can be a great thing. Trust deed investment
is similar to a mortgage. Though, it does differ because a trust deed investment
has three primaries in the trust deed investment
transaction and they are
the borrower or the trustor, the lender or the beneficiary, and the trustee. The Trustee is the person who actually purchases the property and in the end, if the trustee is paid as promised, then they won’t have any claim to the property. Remember though that in a trust deed investment,
if the borrower does in fact default then trustee takes back the mortgaged property.
If you plan on investing in trust deeds, then you don’t want to buy don’t a note for something you would never actually want to own yourself. Collecting properties that aren’t of your caliber isn’t a wise choice. You don’t want to accidentally be tied down to something you don’t like. So when it comes to investing in trust deeds, you may want to remember that owning a property is exciting, but make sure you’re making the right choice.
Additionally the great thing about Investing in trust deeds
is that non-performing notes for sale
are often sold at a major discount. However, there are many people who do not know this. Don’t be one of them! Get those great deals.
Remember also that Non-performing notes for sale is really just a nick name for ‘secured debts.’ This sounds scary but it isn’t. They can bring you lots of money. Just make sure you know you’re making the right choice with the non-performing notes for sale property you’re interested in. Yes, it really is that easy.
- Big Daddy Dennis Hard Money Lender
Arizona Hard Money
Level 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027