Sentences with phrase «by first trust deeds»

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.

Not exact matches

«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.

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).

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.