|A Deed of Trust securing a promissory note,
or a mortgage, held by a private party, or a party who is not in the regular business of
Deeds securing notes or mortgages is a privately held mortgage or Deed of Trust. In the real estate business this kind of paper is often called owner
carried paper, or carried back paper.
|For many people one of the most difficult times in their life will be selling a home. For a real estate proffessional the stress is not any less. Hours upon hours can be spent in the hopes of closing a sale only to fall short at the end due to the inability of the potential buyer to obtain the necessary financing. This is where a Diversified Cash Flow Specialist can be an invaluable asset and tool. With the assistance of a Diversified Cash Flow Broker, the seller can now more aggressively market their property without fearing the unknowns of owner or seller carried paper, resulting in more closings all around.|
|When a bank loans money, if you can find a bank issuing commercial loans, a debt is created. This debt is secured by your credit and your assets. In factoring, the emphasis is not on your ability to pay, as much as it is on your clients good standing and ability to pay.|