Norada Real Estate Investments

  • Home
  • Markets
  • Properties
  • Notes
  • Membership
  • Podcast
  • Learn
  • About
  • Contact

Due-on-Sale Clause – Understanding Land Trusts

April 1, 2014 by Marco Santarelli

This article is Part 3 of a four-part series on Land Trusts.  You can find Part 1 here: Understanding Land Trusts

Now you may be asking — how is the land trust going to help me with my lender?

The answer lies in why the land trust was created, and why it’s perfectly legal. It’s basically a compromise between two opposing forces.  On one side is the bank which is interested in generating income from loans and at the same time protecting itself through a security interest in real property — on the other side is the borrower (real property owner) who desires to transfer title to his property without fear of foreclosure or forced refinancing.  The bank acts as the protagonist by incorporating a “due-on-sale clause” into most, if not all, mortgages its writes.

[Read more…]

Filed Under: Asset Protection, Financing, Real Estate Investing, Taxes

Why Investors Use Land Trusts

October 12, 2013 by Marco Santarelli

This article is Part 2 of a four-part series on Land Trusts.  You can find Part 1 here: Understanding Land Trusts

Investors, attorneys, or CPAs unfamiliar with the use of land trusts often ask me “why would someone consider using a land trust?” My general response is “why not.” When it comes to entity structuring many people prefer to being with the complex rather than the simple. The land trust, contrary to the multiple internet gurus or guest REIA speakers that sing the vestibule of virtues offered by this rudimentary of tools, is simply and nothing more than a title holding vehicle with some interesting attributes. From a legal standpoint, the land trust is a type of “grantor trust” (this is the phrase you should use in states that don’t formally recognize land trusts via statute).

[Read more…]

Filed Under: Asset Protection, Real Estate Investing, Taxes

Understanding Land Trusts (Part 1)

September 25, 2013 by Marco Santarelli

The land trust is one of the most talked about, but least understood, entity utilized by real estate investors. The reason for this is simple, most attorneys or CPAs have never come across the entity in their professional practice. How can this be?

You might be asking yourself: if the land trust is a legitimate entity used by real estate investors all over the country shouldn’t my local attorney know something about it.  Unfortunately the answer is no, they most likely wouldn’t have a clue and this is because only a handful of states actually recognize a land trust via statute.

[Read more…]

Filed Under: Asset Protection, Real Estate Investing, Taxes

Changes to the Home That Will Lower Home Insurance

September 21, 2013 by Marco Santarelli

Many new homeowners are looking for ways to save on their home insurance. Although some seem obvious because they are so highly advertised (bundling with auto, shopping online), there are others that are more subtle. You can get discounts on your home insurance just by making some minor changes to your home. Here are some of the things that you can do to help lower that insurance bill.

 

[Read more…]

Filed Under: Asset Protection, General Real Estate

5 Good Reasons to Hold Real Estate in a Land Trust

October 9, 2012 by Marco Santarelli

Are you a target for tenant lawsuits? Are your assets easy to locate? Do you own rental properties in your own name?

You wouldn’t walk around with a financial statement taped to your forehead would you? So why would you have your most valuable assets exposed to public scrutiny? Anyone can go down to the county courthouse or recorder’s office and look up the owner of any property. Real estate records are now computerized, so all of your real estate holdings can be located at the touch of a button! Lawyers, creditors, IRS agents, newspaper reporters, tenants and other “snoops” can find out what you own and whether you are worth going after.

Don’t give them the ammunition – make your real estate ownership hard to find!

[Read more…]

Filed Under: Asset Protection, Financing, Real Estate Investing Tagged With: Asset Protection, Financing, land trust, Real Estate Investing

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • Next Page »

Real Estate

  • Baltimore
  • Birmingham
  • Cape Coral
  • Charlotte
  • Chicago

Quick Links

  • Markets
  • Membership
  • Notes
  • Contact Us

Blog Posts

  • When is the Best Time to Buy a House?
    March 22, 2023Marco Santarelli
  • 18 Best Real Estate Investing Books For Beginners 2023
    March 22, 2023Marco Santarelli
  • Austin Housing Market: Prices, Trends, Forecast 2023
    March 22, 2023Marco Santarelli

Contact

Norada Real Estate Investments 30251 Golden Lantern, Suite E-261 Laguna Niguel, CA 92677

(949) 218-6668
(800) 611-3060
BBB
  • Terms of Use
  • |
  • Privacy Policy
  • |
  • Testimonials
  • |
  • Suggestions?
  • |
  • Home

Copyright 2018 Norada Real Estate Investments