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A Realtor's(R) and layman's explanation of the PACTrust(tm) for simple,
safe and legal title-shielding in "seller-carries (seller-assisted financing),"
without undue compromise of a lender's "due-on-sale" clause. This short and
easy-to-read book is pertinent to ALL seller-assisted financing arrangements
and non-traditional RE sales or purchases (lease options, purchase options, equity
shares, wraps, contracts for deed, subject-to's, etc.).
Learn how to achieve maximum protection through: 1) vesting the property with a land
trust trustee; 2) naming a "remainder (co) beneficiary in the trust;" and 3) leasing
the property to that same co-beneficiary via a triple-net occupancy agreement: thus
enabling a silent conveyance of all the benefits of homeownership, including income
tax write-off, appreciation and principal reduction. All without an outright sale or
title transfer, or jeopardy to the property re. the potential for either party's future
personal or legal problems. |
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