answersLogoWhite

0

The note is a signed contract that contains all the provisions attached to the repayment of the loan to purchase the property. That includes the amount, the interest rate, the date when the debt must be paid, etc.

The note is accompanied by the mortgage. It gives the lender the right to take possession of the property in the case of a default.



The note is a signed contract that contains all the provisions attached to the repayment of the loan to purchase the property. That includes the amount, the interest rate, the date when the debt must be paid, etc.

The note is accompanied by the mortgage. It gives the lender the right to take possession of the property in the case of a default.



The note is a signed contract that contains all the provisions attached to the repayment of the loan to purchase the property. That includes the amount, the interest rate, the date when the debt must be paid, etc.

The note is accompanied by the mortgage. It gives the lender the right to take possession of the property in the case of a default.



The note is a signed contract that contains all the provisions attached to the repayment of the loan to purchase the property. That includes the amount, the interest rate, the date when the debt must be paid, etc.

The note is accompanied by the mortgage. It gives the lender the right to take possession of the property in the case of a default.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Who is transferor in real estate transaction?

the seller


What is the role of a real estate principal?

A principal is the main party in a transaction. The buyer and seller are the principals in a real estate transaction. Their roles are self-explanatory. Buyers and sellers are the driving force behind the real estate market.


Can I trade 75000 worth of stocks in my IRA for a 100000 real estate note?

I don't know about a 'trade' but you certainly can sell the stocks and use the proceeds to buy a Real Estate note as long as the note is not from a closely related person. There are specific prohibited transaction that define who the person you are lending the money to. For instance, you can not do that for your spouse.


Are you likely to get sued if you do not close on a real estate transaction?

Congrats the answer is NO:)


Who is the Transaction Broker in real estate?

A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.


What are the regulations for a California 3-way transaction in real estate?

In a California 3-way real estate transaction, there are regulations that require full disclosure of all parties involved, including the buyer, seller, and intermediary. The intermediary must be a licensed real estate broker or attorney. Additionally, all parties must agree to the terms and conditions of the transaction, and the transaction must comply with all state and federal laws governing real estate transactions.


How can escrow increase in a real estate transaction?

Escrow can increase in a real estate transaction when additional funds are required to cover unexpected costs or when the buyer requests more time to complete the purchase.


Can a realtor act as their own agent in a real estate transaction?

Yes, a realtor can act as their own agent in a real estate transaction, but it is important to disclose this dual role to all parties involved in the transaction to avoid any conflicts of interest.


Is a mortgage used to provide security for the note?

No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.


How much does a Transaction Coordinator make?

Real Estate Transaction Coordinators could make up to $60,000 a year.


What does an estate broker do?

An Estate Broker is a person who acts as the middle man between buyers and sellers of real estate. They help with the transaction.


How much does a real estate investors make?

Real estate investors are paid per deal, and depend upon the cost of the transaction. The average salary for commercial real estate is $50,000 above.