Sentences with phrase «m first trust deed»

$ 2.43 M first trust deed for the purchase of a 20 - unit apartment building in Hollywood.

Not exact matches

Home equity loans and Home Equity Lines of Credit (HELOCs) are first or second deeds of trust available on residential property.

Deed of Trust and Loan Agreement Provisions: The City's First Time Homebuyer Program requires that units assisted with HUD HOME funds remain affordable to low - income purchasers for the stated term of compliance and until the unit is sold and the HOME subsidy is recaptured.

«No judgment shall be rendered for any deficiency under a note secured by a first deed of trust or first mortgage for a dwelling of not more than four units, in any case in which the trustor or mortgagor sells the dwelling for less than the remaining amount of the indebtedness due at the time of sale with the written consent of the holder of 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.

First, if a spouse deeds off of a property in order to become a non-borrowing spouse, that individual's future ownership interests in the property are dependent upon the method by which the couple has set up the transfer in the instance of the passing of the spouse (for example, through a trust, etc).

Each investor is recorded in a first trust deed position, with more security added in the form of a promissory note and personal guarantee.

When they take posession of a property via the deed of trust, their first priority is to get rid of it.

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..

Let's assume that you are purchasing a warehouse for $ 1,000,000, making a $ 200,000 cash down payment, and borrowing the remaining $ 800,000 from your bank secured by a first deed of trust.

For first mortgages or first trust deeds, if a payment has still not been made within 30 days of the due date, the loan is considered to be in default.

(1) The first requires the parties to agree as to whether seller financing will be a first, second or third deed of trust.

When a deficiency judgment is permitted, the lender may obtain one only following a judicial foreclosure, or when the security has become valueless (such as when security for a second trust deed loan is wiped out when the first trust deed lender completes its foreclosure).

The first step is to determine if your current IRA custodian allows real estate and / or trust deed investments with your account (most don't).

That clause, which is included in almost every deed of trust, says that if the seller conveys the property without paying off the first note, then the lender can accelerate the note and call it due.

The original lender might then invoke their first «deed of trust» and sell the property for the amount of principal that has not yet been repaid.

The hard money loan is for Redmond real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Burien real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Littleton real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The hard money loan is for Renton real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Mercer Island real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The hard money loan is for Kirkland real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

First deed of trust is probably the safest way for him to go.

The bridge loan is for Boulder real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Issaquah real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.