Tech | August 19, 2009 | 1 comment

1st Las Vegas Global-Earn 12% yields, Invest in Trust Deeds In Las Vegas

1stLasVegasGlobal
Investing in Trust Deeds

We Have Loans Available for Immediate Investment

* High Interest Yields

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Secured by First Trust Deeds on Income Producing Properties.
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Title to the Loan is Vested in Your Name (as to your percentage of ownership).
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You Are Protected By Title Insurance and Fire Insurance Policies.
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Loans Originated and Serviced by a staff with over 20 years experience.
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1st Las Vegas Global Handles Any Foreclosures and All Property Management Issues.

OW A TRUST DEED PROTECTS
YOUR INVESTMENT

Every 1st Las Vegas Global transaction with respect
to real property is handled through a responsible escrow company and the property title is insured by Ticor, a multi-million-dollar title insurance company. This is true whether we assist you as an individual, in partnership with others, or through one of our limited partnerships.

What Is a Promissory Note?

An owner of real property that borrows money must sign a note promising to repay the loan, with interest. This promissory note is secured by a recorded deed of trust.

What Is a Trust Deed ?

A deed of trust is the document used in Nevada to record the notice of the existence of the promissory note. The deed of trust is recorded with the county recorder as security to the lender for repayment of the loan. The borrower is the trustor, the lender is the beneficiary and the title insurance company is the trustee that oversees the transaction.

Who Is the Lender (the Beneficiary)?

A lender is usually a bank or other financial institution. However, an individual may also be a lender whose loan is secured by a trust deed. In a sense, the individual investor becomes the “banker” and is named as the beneficiary on the recorded trust deed.

What Is a Fractionalized Deed of Trust?

An individual may pair with one or more other investors to loan money on real property secured by a deed of trust. In that event each of the investors would be named according to their investment interest on the recorded document which would be called a fractionalized trust deed.

Is My Investment Secured by a First Trust Deed

Or a Second Trust Deed?

All trust deeds sold by 1st Las Vegas Global are first deeds of trust only.

Are Trust Deeds Insured by the FDIC?

No. All Trust Deeds are Title-Insured

Do You Use Preliminary Title Reports

That Are Less Than 90 Days Old?

Yes. All our transactions are conducted pursuant to preliminary title reports that are up-dated before the date of the transactions and are insured by Ticor Title Company.
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