User73103_1_t John DuffnerVentura County RE Talk.com
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More than a simple land trust, this is a whole trust transfer system.

 

But why should you use it?

  

  What are the advantages?

  • Prevent the lender from exercising its "due on sale" clause

  • Be able to evict a defaulting buyer instead of having to foreclose on them

  • Get privacy, safety and legal protection
  •  It's quick and easy (you can often close in 14 days or less)
  •  Defer capital gains
  •  Superior income tax treatment
  •  Preserve tax basis (property is not reassessed)
  •  Protection from litigation, creditor judgments, tax liens and probate issues
  •  Reduces the risk of selling to a buyer with a small down payment and not-so-perfect credit
  •  Acquire a property with a low down payment and no bank qualifying
  •  Allows for loan payment take-overs without violating the due-on-sale clause, or having to assume a loan

For complete article go to www.venturacountyretalk.com

 

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Real Estate Agent: John  Duffner (John Duffner's Real Estate Inc)
John Duffner
Santa Paula, CA
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John Duffner's Real Estate Inc

Office Phone: (805) 525-3417
Cell Phone: (805) 479-9964
Email Me
Focus on Ventura County weekly real estate with some commentary of National Real Estate activity.


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