Trust Deed and Mortgage Investments By Dan Harkey

Legal documents, such as the executed promissory note and the security instrument called the deed of trust, are not just pieces of paper.? They are binding contracts between the borrower and private-party lenders, referred to as principals, not the broker, providing a solid sense of security and reassurance. These documents are not just pieces of paper but your shield, ensuring your security and confidence in lending.

After the loan closing, the investors or their loan servicing agents will retain the executed documents for safe storage and as evidence of the investment. This is crucial as it provides a record of the loan agreement and can be used as evidence in case of any disputes or legal issues, such as a borrower defaulting on the loan or a disagreement over the loan terms.

As an investor, you trust your agent, often a broker, who has a fiduciary responsibility to protect your interests. This trust is not just a formality but the cornerstone of the lending process. It ensures that all parties understand the terms and conditions of the loan, giving you a profound sense of financial security and confidence.

Thank you,

Dan Harkey

Educator and Private Money Lending Consultant

949 533 8315 [email protected],

website www.danharkey.com

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