Investing in trust deeds can be wonderful, so don’t put it off. If you’re confused about a trust deed investment all you need to know is that they are similar to a mortgage with a few little differences. For example, 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.
You should really consider investing in trust deeds because it could mean a lot of money for you in the future. Just remember that you don’t want to buy a note for a property that you aren’t really sincerely interested in. Nobody likes to be stuck with something they don’t like, especially if they’ve actually paid quite a bit of money for it. Keep that in mind when you are figuring out your trust deed investment. Make the right choice so you can be happier in the long run.
Investing in non-performing notes for sale is fantastic because you can get these at a huge discount, but many people aren’t aware of the great deals. Make sure that you take advantage of it!
Look into these non-performing notes for sale –or ‘secured debts’ as they are known to some people. Don’t let the name scare you into not making the choice to look into these kind of trust deed investments. Your decision could just bring you a lot of money when you want it the most. Good luck on your journey!
Arizona Hard Money
Level 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027