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Assignment of Deed of Trust SEC Gov  Form

Assignment of Deed of Trust SEC Gov Form

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all-inclusive trusteed aitd new overall deed of trust including all subordinate loans an all-inclusive trusteed aitd is a new loan which is subordinate in priority to any original loans but pays all payments of the existing loans and is also called a wraparound loan the aitd has possibilities for creative financing for real estate the reason is because if a seller has a property and has a first trust deed and a second trustee the seller could sell finance by allowing the buyer to have an aitd which covers both of the original loan payments and maybe a little profit too so the buyer pays the seller the aitd payment and the seller pays the first trust deed and the second trustee and keeps the extra profit the result is the seller sells the house at the price he wants and the buyer gets to buy the home possibly without even qualifying for financing if anything goes wrong the seller just takes the property back and all inclusive trustee is a new overall deed of trust that covers all existi

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