Before closing tell the escrow officer you need the "Instrument Number" as soon as it is available.

Things like posting on bigger pockets, but also blog traffic, facebook, twitter, etc. have been instrumental in building our network.

A note is note a security instrument it is only evidence of the debt created, it can bve secured or unsecured.

It's helpful to read the language to understand what does - and what doesn't work to legally avoid due-on-sale clauses.Exemption of specified transfers or dispositions: With respect to areal property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation,or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter-vivos-trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transferor disposition described in regulations prescribed by the Federal Home Loan Bank Board.

I think everything you have written is true IF you hold the instrument to maturity.

The deed of trust is a security instrument given by you the borrower to the lender.

Net 33% of the $10 MM instrument, guaranteed.- how much to start. $300k or more, minimum is $300K and up and yes, that will have to paid up front to the escrow company- has he got to pay any interest- if so, how much.

Through the process of going through filings and looking over contracts and other instruments, I gained a nagging interest in the whole activity.

If not, you may not have anything, trying to do a deed in lieu or foreclosure or foreclosure on an invalid financing instrument.

Hi, BPers,When selling a house, is virtual tour a useful instrument?