Deeds of Trust.
In some states, a deed of trust is the instrument that takes
the place of and serves the same purpose of a mortgage. It
is a conveyance of real estate title. A writing signed by
a grantor, whereby title to real property is transferred from
one to another. The deed of trust works by having the legal
title to real property placed with one or more trustees to
ensure repayment of a sum of money. While a deed of trust
differs in form from a mortgage it is essentially the same.
There are many factors that go into determining the market
value of a seller held deed of trust. The duration, interest
rate, amount of the payment, the current value of the asset
securing the deed of trust, clear title, the pay history on
the deed of trust, the payer's credit history and the overall
risk of stepping into the note. Investors must weigh all of
these factors when making offers on seller held deeds of trust.
There is always a discount for taking over the risk of stepping
into seller held deeds of trust. Some companies claim to be
able to purchase deeds of trust at face value. Don't believe
it! There is a lot of work that goes into closing one of these
transactions and no company is going to do all that work,
just to have a payer pay the deed of trust off the next day.
C & A Financial Programs, Inc. will do all of the work
associated with purchasing your seller held deed of trust
at no extra cost to you. You will be quoted a net amount to
purchase your deed of trust. C & A Financial Programs,
Inc. will pay for all title searches, appraisal costs and
all other expenses related to closing the transaction.
If you have a deed of trust to sell, fill out our
Mortgage Quote Form and send it and we will get the process
started, or call today and let our team of experts assist
you in finding the plan that is best for you!