The lack of uniformity in regulations across states makes it difficult to create a standardized framework for the industry.

Without perfecting you security interest by filing the deed of trust you have no collateral, that was drilled enough above.You don't sign anything on a deed of trust, you're the lender/beneficiary, only the borrower grants the security interest by executing the deed of trust.There is no reason for a lender to sign anywhere on a promissory note either, at least at its origination as the debt is created by the borrower, not the lender.I'd say your friend is really uniformed and trying to make things easy for you, keeping you out of the loop or, he may not be such a friend as what you have mentioned may not be enforceable under various circumstances.The other issue is that all note terms are not generally required on the deed of trust nor is the note filed.

. --------------------------------------------- FOR MULTIPLE OTHER STATES THAT FOLLOW THE UNIFORM RESIDENTIAL LANDLORD TENANT ACT: Even when landlords and residents sign an agreement in writing that the tenant is responsible for ALL maintenance, no owner can hold a tenant responsible for all repairs.

They should provide enough detail (fields in their submitted forms) to lenders so that the lender can assess the opportunities in a uniform way.

I'm also lucky that I am prior military so I can tell from his uniform and command pics/medals on social media that he is a squared away guy.

I found the appreciation was pretty uniform among all the properties.

Replace all floors(living,dining,hallway,2bedrooms)with 1 uniform tile.

So to that effect...Fix the guttersPaint the front make it one uniform colorPaint the railings and posts white Paint the cement blocks; put a simple white trellis in front of the blocks; add some shrubbery & plants in front of it.Remove about 1 to 2 feet of grass on both sides of the front walk way leading to the stairsFlank the walkway with plants and solar lights maybe even box it in with red bricksPut some outdoor seating on the porch and some potted plantsPut in a nice decorative mailbox at the bottom of the stairsAdd a nice decorative house numbers on the door or next to itAdd some nice lighting by the front doorAdd some hanging plants by the corner postsThese should greatly improve the look of your house.

One thing to understand is that you want to create a uniform profile across your websites and social media.  

Once a lender, always a lender.There are two legal theories at play, one is title theory the other is laws of equity.State laws vary, but the Uniform Commercial Code addresses collateral matters with installment sales.Cash funded loans are secured to indemnify the lender or note buyer up to the financial interest acquired under the security agreement, the lender holds an equitable financial interest they do not acquire title in ownership.After foreclosure title may be obtained however laws of equity still apply and apply in all states.