Privacy Notice
FACTS
WHAT DOES beneficiary wrap around mortgage DO WITH YOUR
PERSONAL INFORMATION?
Why?
CAN A LAND TRUST HELP AVOID THE PERILS OF
To effect the objectives of a Wrap-Around Mortgage or Contract for Deed, the would- be buyer/vendee is made a successor beneficiary in the land trust and .
http://www.landtrust.net/sites/templates/nars/en/PDFArticles/Jacican.pdf
What?
Use "Wraparound Mortgages" to Improve Cash Flow by 50%
Dec 26, 2010 . Changing beneficiary on the insurance policy is one of the major reasons the lenders find out the wraparound mortgage. In the current real .
http://ezinearticles.com/?Use-Wraparound-Mortgages-to-Improve-Cash-Flow-by-50%&id=5615473
- Social Security number and income
- Account balances and payment history
- Credit history and credit scores
Due-on-sale clause - Wikipedia, the free encyclopedia
Likewise, a due-on-sale clause would interfere with a seller's extension of financing to a buyer by using a wraparound mortgage, also called an "all- inclusive .
http://en.wikipedia.org/wiki/Due-on-sale_clause
How?
Mara Escrow - Glossary
All-inclusive Trust Deed (wrap-around mortgage): A financing technique that involves the . In connection with a mortgage loan the beneficiary is the lender.
https://www.maraescrow.com/Glossary.aspx
| Reasons we can share your personal information | Does beneficiary wrap around mortgage share? | Can you limit this sharing? |
|---|---|---|
| For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus |
Yes | No |
| For our marketing purposes - to offer our products and services to you |
Yes | No |
| For joint marketing with other financial companies | Yes | No |
| For our affiliates' everyday business purposes - information about your transactions and experiences |
Yes | No |
| For our affiliates' everyday business purposes - information about your creditworthiness |
Yes | Yes |
| For our affiliates to market to you | Yes | Yes |
| For nonaffiliates to market to you | Yes | Yes |
To limit our sharing
Home Mortgages - How To Information | eHow.com
Home Mortgages how to articles and videos including What Are Split Interest . offer to nonprofit organizations and other beneficiaries linked to these organizations. . A wraparound mortgage is a mortgage obtained from a seller wrapping .
http://www.ehow.com/home-mortgages/
Please note:
12B-4 - Tax Law Library
(21) "Wrap-Around" Mortgages: Where a "wrap-around" mortgage is given to . trust beneficiary, whether or not the real property is encumbered by a mortgage.
https://taxlaw.state.fl.us/wordfiles/DOC%20FC%2012B-4.013.doc
Creative Real Estate Financing
An example of seller financing is a Wrap Around Mortgage. . What this means is that a transfer of a partial beneficiary`s interest or the transfer of one to .
http://www.rental-property-investing.com/creative-real-estate-financing.html
Questions?
Owner Financing - How Does it Work
The buyer puts $10000.00 down and borrows $90000.00 on a new mortgage, from the seller. This new mortgage will wrap around the existing $60000.00 loan .
http://www.realestateproarticles.com/Art/35649/264/Owner-Financing-How-Does-it-Work.html
| Who we are | |
|---|---|
| Who is providing this notice? | Armsey v. Channel Associates, Inc. (1986) 184 Cal. App. 3d 833 ... |
| What we do | |
|---|---|
| How does beneficiary wrap around mortgage protect my personal information? | RealtySchool.com (Real Estate School of Nevada) Real Estate ... LIS > Code of Virginia > 38.2-1401 |
| How does beneficiary wrap around mortgage collect my personal information? | We collect your personal information, for example, when you:
12B-4 |
| Why can't I limit all sharing? | Federal law gives you the right to limit only
Bankruptcy strategies, options and information for the homeowner ... |
| What happens when I limit sharing for an account I hold jointly with someone else? | Financing glossary contract for deed-owner financing information ... |
| Definitions | |
|---|---|
| Affiliates | Foreclosure Glossary - Glossary of Foreclosure Terms
|
| Nonaffiliates | Spreader Agreements - First American Title Insurance Company of ...
|
| Joint marketing | Multiple Streams of Income - Nothing Down
|
Other important information
Mortgage Glossary - Platinum Home Mortgage Corporation
Example: The lender is named as the beneficiary on a mortgage loan. . The seller then makes a wraparound mortgage to the buyer, (where the seller acts as .
http://www.ephmc.com/sessions/Foundation/Foundation.asp?EVENT=SHOW_FOUNDATION_CONTENT&c=Reference/Glossary
Mortgage Financing
Wrap-around Mortgages . in the form of a purchase-money mortgage or in another form. . the beneficiary has recourse against the property—e.g., by selling .
http://www.pli.edu/product_files/EN00000000025540/89212.pdf
4 Summary of California Law (10th), Security Transactions in Real ...
[§42] Alternative Mortgage Transactions for Residential Loans. 5. [§43] Wrap- Around Mortgage. 6. . Effect of Purchase by Beneficiary. (a) [§175] In General.
http://www.witkin.com/pages/witkin_library_pages/outlines/SUMM/strp.pdf
SC Judicial Department
. via wrap-around mortgage, by the purchasers of the existing Small Business . any information as to the whereabouts of the minor beneficiary or the identity of .
http://www.judicial.state.sc.us/opinions/displayOpinion.cfm?caseNo=25659
"wraparound" definition from Double-Tongued Dictionary
Mar 28, 2007 . Citations: 1968 Chicago Tribune (Oct. 20) “Mortgage Bankers Meeting to . who were members of the HMO when they became Medicare beneficiaries. . 57: He has also developed what he calls wraparound service, wherein .
http://www.doubletongued.org/index.php/dictionary/wraparound/
Notice to customers with credit-related insurance products
Wraparounds - definition of Wraparounds by the Free Online ...
Designed to be wrapped around the body and fastened: a wraparound skirt. 2. Shaped to curve around . Card sponsors include wraparounds in their card programs to enhance savings for beneficiaries. . Wreaken · Wrap-Around Mortgage .
http://www.thefreedictionary.com/Wraparounds
Features used in this document: auto para number - legal style ...
UNDERLYING DEED OF TRUST/MORTGAGE: . By accepting this All?Inclusive ( Wrap Around) Deed of Trust, Beneficiary covenants and agrees that, as long as .
http://www.kolerlaw.com/uploads/online-resources/Checklists%20and%20Forms/financing/DEED%20OF%20TRUST%20add%20-%20wrap.doc
Special notice for residents of California
McKenna Investments v. Atlas Energy Corporation
Under the Mortgage Wrap Documents, if the amount of escrow was to be escalated . Atlas then gave notice of its intent to accelerate the wraparound notes. . event of default, beneficiary may declare all sums secured hereby immediately due .
http://www.texaslaw.com/cases.php?case=13
Special notice for residents of Vermont
Can I Get an Assumption on My Mortgage? - Budgeting Money
If you can offer an assumable mortgage, you and the buyer both win. . the property to a living trust with yourself as the trust beneficiary, the trust can assume the mortgage. . one option is to have the buyer take out a "wrap around" mortgage.
http://budgeting.thenest.com/can-assumption-mortgage-21272.html
Special notice for residents of Texas
RealTax - Maximize Profits With an Installment Sale
This is referred to as a "wrap-around" mortgage or an All Inclusive Trust . then how about the fact that the beneficiary of the note will also have to report and pay .
http://www.realtax.com/investors_maximize.html
The Tax Byte
The seller takeback is the first or second mortgage payable by the buyer to the seller. . an interest; Trusts that name you as a beneficiary; Grantor trusts that treat you as the owner . The buyer makes wraparound mortgages payment to you.
http://www.markredfield.com/taxbyte4.shtml
benefit life insurances† to access a printable version of the beneficiary wrap around mortgage Privacy Notice
Revised: May, 2011
Online Privacy Practices
Important tools for owner financing - Zillow Advice
Nov 5, 2008 . Each term mentioned above serves the purpose for wraparound mortgage. . involves three parties, the trustor, trustee, and the beneficiary.
http://www.zillow.com/wikipages/Important-tools-for-owner-financing/
About Us - North America Realty Services, Inc.
. to an unrelated co-beneficiary is authorized (indirectly by non-prohibition) by . Land Contracts, Wrap-Around Mortgage schemes, Equity Sharing and even .
http://www.landtrust.net/aboutus.html
Credit - percentage, benefits, cost, Reasons for purchasing credit ...
A specific lien identifies a specific property, as in a mortgage. . promising to pay the beneficiary upon satisfactory completion of some predetermined conditions. . The interest payment of the wraparound mortgage pays the debt service of the .
http://www.referenceforbusiness.com/small/Co-Di/Credit.html
proU.net | Real Estate Glossary | Page 12
A person who evaluates the risk of default by a mortgage loan applicant, and grants . like parent-child, broker-seller, attorney-client, or trustee-beneficiary. . A default on the wraparound mortgage would usually result in a default on the .
http://www.prou.net/utilities/glossary/glossary12.html
Albuquerque Real Estate Dictionary
A clause in a note, trust deed, or mortgage advancing or hastening the date of maturity of the indebtedness or obligation . Payment required by a beneficiary under a deed of trust before authorizing reconveyance. . Wrap Around Mortgage .
http://www.fidelityalbuquerque.com/Modules/RealEstateDictionary/Default.aspx?Header=JDFavikLlX5FhcBU2GOm9jbcyGbedFWC
Realty Times - End-Run The Lender With A Wrap-Around Mortgage
May 31, 2004 . The wrap-around mortgage is legal -- but there is always the risk that . insurance , which makes both lenders beneficiaries under the policy in .
http://realtytimes.com/rtpages/20040531_wraparoundmtg.htm
REAL ESTATE FINANCING
B. (§1.11) Wraparound Mortgage. V. Taking . A. (§1.14) Adjustable Rate Mortgages Tailored to an Index. B. (§1.15) . the lender as beneficiary, and a trustee.
http://members.mobar.org/bookstore/chapters/real-estate-financing.pdf
373 F3d 817 Castellano v. Wal-Mart Stores Incorporated | OpenJurist
RJLC then gave a mortgage to Republic Mortgage (Republic) and assigned the lease . to VP Land Trust — the legal beneficiary of which was J.D. Castellano, son of . At that time, he was the holder of the wrap around mortgage.2 Castellano, .
http://openjurist.org/373/f3d/817/castellano-v-wal-mart-stores-incorporated
Last Revised: December, 2010
Glossary of Real Estate, Mortgage, and Legal Terms
See "wraparound mortgage." . The land trustee is a nominal title holder with the beneficiaries having the exclusive right to direct and control the actions of the .
http://www.creonline.com/glossary-of-real-estate-mortgage-legal-terms.html
NEW YORK TITLE UNDERWRITING MANUAL
BUILDING LOAN AGREEMENTS & MORTGAGES. 5. . TRUSTEES (LIFE BENEFICIARY AND SOLE TRUSTEE). PAGE 4 . WRAP-AROUND MORTGAGE .
http://www.titlelawannotated.com/nyfinalr.pdf
