Sentences with phrase «first trust deeds on»
Since its inception in 2003, Lone Oak Fund has focused on short term bridge loans, secured only by first trust deeds on California real estate.
http://www.loneoakfund.com/ Not exact matches
Home equity loans and Home Equity Lines of Credit (HELOCs) are first or second deeds of trust available on residential property.
Written consent of the holder of the first deed of trust or first mortgage to that sale shall obligate that holder to accept the sale proceeds as full payment and to fully discharge the remaining amount of the indebtedness on the first deed of trust or first mortgage.»
Some Chapter 13 debtors are able to strip their second lien, or eliminate it entirely, if the value of the home is less than the amount owed on the first trust deed.
The District of Columbia Court of Appeals recently held that a condominium association acting on its six - month super-priority lien for unpaid condominium assessments pursuant to § 42 - 1903.13 (a)(2) of the District of Columbia Condominium Act (the «D.C. Condo Act») may not conduct its foreclosure sale subject to a first deed of trust lien, even if the
Go meet them, explain your offer — interest rates, time periods, terms — potential exit closing «points» to them, in addition to interest — automatic rollover within 30 days with a First Mortgage (First Trust Deed) in their name on any property purchased with their money.
In case of a trust deed the general answer may have to be yes, you need not partner to be on the same trust deed, one can be in a first position and one in the second position... or is there adequate value (i.e. including assets that could be liquidated without incurring a penalized loss - different from market loss) in each ones SDIRA to independently complete the transaction... or are funds available in other IRA's at other institutions that could be transferred to this SDIRA..
We focused our underwriting on the subject property, factoring current rents and marketability and closed (within two weeks of loan inquiry) on a $ 475,000 First Deed of Trust, perfecting the 1031 tax deferred exchange.