A cash out refi after a purchase is borrowing money by placing a debt instrument secured by the equity in the property. 

This was subsequent to reaching out to BOA, making it explicitly clear to them that they made an error in that the litigation was against a mortgage that is completely separate and does not in any way affect the 1st mortgage.My attorney is completely baffled as to how this could have happened and has no idea how to resolve since he feels BOA will rely on the language in the Deed of Trust.Side note: Upon looking at the Deed of Trust for the first mortgage, MERS is listed as "the beneficiary under this Security Instrument".

Current debt market has changed, you need to be able to understand what the risks are with each debt instrument.

Since he is not paying for the work, I would also do it as a secured instrument that attaches to the home.3.

Yes, Lizi Brown at Keller Williams Allen was instrumental in our search and purchase of the property.

Both Hard and Private money are typically financial instruments used for investment properties in the short term or when all other options have been exhausted.

The lien instrument (deed of trust or mortgage depending on state) will be recorded, and the original promissory note and any other disclosures will be sent to the lender, and once the lien instrument is recorded the lender will also be sent the original.

She was instrumental in helping me negotiate and beat out the competition for a 20% cash-on-cash ROI.

I'm seller financing vacant land and was wondering, when using the deed of trust loan instrument, if the borrower can build on the property as they see fit (obviously adhering to zoning restrictions) even though they don't hold legal title? 

If by contract you mean Loan Documents (Note, Loan Agreement, Security Instrument / Mortgage, etc.)