Realty411 Magazine Featuring Patty Arvielo - New American Funding | Page 19

OVERVIEW OF THE CLOSING PROCESS
The PML will be named as a mortgagee and
notified if the insurance was not kept current. In
the event of any damage to the property, insurance
distributions would be used to rebuild and repair
the property or used to repay the PML.
Title Company
Or Attorney
Finalize Closing
Documents
Lender’s Funds
go into Escrow
with Title Company
or Attorney
Lender Receives
Original Promissory
Note, Copy of Mort-
gage Deed of Trust,
Insurance Policy
ABOUT KENNSEI TRADING, INC.
B
Mortgage or
Deed of Trust
Filed at
Courthouse
the PML should be provided these documents to
secure their investment capital:
• Promissory Note: This is the PML’s collater-
al for their investment capital
• Deed of Trust/Mortgage: The document that
is recorded with the county clerk and record-
er to publicly secure their investment against
the real property that the RR is providing as
collateral
• Hazard Insurance Policy: The private lender
would be listed as the “Mortgagee” for their
protection in case of fire or natural disaster,
etc.
The RR would pay for a title search as well as
a title policy on the home just as would be done
in a typical transaction.
For a rental investment with a long-term note,
the RR always keeps a valid hazard insurance
policy on the property to protect against causali-
ties.
ruce E. Dinger is an Investment Advisor
for private qualified clients
and also a world-class
educator in the stock and options
market. Be sure to register for his
live webinars or upcoming events
at http://KTCashFlow.com
Dinger has spoken on some
of the largest stages around the
globe, including The Women’s Financial Con-
ference, Rich Dad’s, On-Line Trading Academy,
Success Resources, and many others. A regular
media contributor, he is a regular source for
CNBC, BusinessWeek, and Success Magazine.
He has one of the best reputations in the financial
markets for helping students achieve their goals
of becoming an independent trader or investor.
Kennsei Trading Inc. is a registered invest-
ment company specializing in building wealth
through the financial markets, including the stock
and equity markets and the real estate market.
The firm is led by CEO Bruce E. Dinger, who has
over 20 years experience as an investor.
Kennsei Trading Inc. has an extensive net-
work of private money investors and understands
the thought process of a savvy investor and what
they look for in any investment prior to the de-
ployment of their capital.
PML ARE MAKING A 10% GREATER RETURN ON THEIR MONEY!
Real Estate Private Lending
Stock Market
Completely Unsecured Secured by Deed of Trust of Mortgage Deed
Completely Uninsured Collateral is Fully Insured
Invest at Market Price Collateralized Below Market Value
Returns Are Unknown Returns Are Fixed and Agreed Upon Term
Realty411Guide.com

PAGE 19 • 2017

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