Dec 09 2007
You hear it all the time. Mortgage. Deed of Trust. Mortgage Note. Trust Deed. So what’s the difference?
Or is there a difference?
Mortgages and deeds of trust are both financial instruments that a lender uses to protect their financial interests when they make a loan, usually on real estate. When you borrow money and sign [...]
Dec 07 2007
So the real estate market is still in turmoil, there are 15 other houses for sale in your neighborhood (5 on your block alone!), your house has been for sale for months and NOBODY is looking at your home. In a nutshell you’re having a rough time selling your home and your real [...]
Dec 05 2007
“Most of us have seen and heard a lot about the problems in the sub-prime mortgage market. It appears now that the credit and default issues are also causing tremors in the Alt-A and prime markets. I have spoken with a number of brokers who want to better understand how these issues in the “conventional” [...]
Dec 05 2007
12/5/2007 - I think the following post will help put things into perspective about what’s actually happening with the real estate market, foreclosures and the sub-prime crisis:
“A lot of people are nervous about what they are reading in the newspaper and hearing on TV. But how can you blame them? The media is bombarding [...]
Oct 13 2007
From the late 1990’s up until early 2007, low interest rates abounded in real estate, so there was not a lot of interest in, or need for, owner financing, also called seller carry-back financing. Basically anyone who could possibly qualify for a 5%-6% home mortgage loan or an adjustable rate mortgage (ARM) or home equity [...]
Oct 13 2007
TriMark Capital Funding, Inc. (TCF) is a diversified financial services company owned and operated by private investors specializing in the purchase of seller financed 1st lien real estate notes; i.e. mortgage notes, trust deeds (deed of trust) and land contracts.
But that’s not all we do. In fact, not by a long shot.
TCF also pays cash [...]
Oct 13 2007
Bottom line: the real estate market has seen better days. Foreclosures are rampant and rising sharply day by day. The sub prime market crashed a few months ago and limping through the carnage seems to be all of the biggest names in mortgage lending; Countrywide Home Loans, Bank of America, Wells Fargo, Freddie Mac, Fannie [...]