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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Carry-back is descriptive term, that's all.. Posted by Ward-CA- on May 01, 2003 at 3:11 PM In Reply to: carry back trust deed...... posted by Zachary on May 01, 2003 at 1:54 PM : Ward, : I know you have given links to sites with lots of contracts, deeds, notes, etc..... : and I've checked them out but: : I haven't seen a carry-back trust deed. The deeds that I've looked thru specify all kinds of stuff including payments schedules etc... : Can you point me in the right direction to where I can find a carry back trust deed that works with the straight-note that you give a seller for the balance of their equity? : thanks, : Zachary =•=•=•=•=•=•=•=•=•=•= Zachary, There’s no difference between a regular trust deed and a carry-back trust deed. The term carry-back just refers to the fact that the seller has agreed to carry back part of their sales price in the form of a promissory note and deed of trust that’s secured by the property being sold. So don’t fret any further. A standard promissory note and deed of trust will do just fine. Hope this helps. Follow Ups: what about payments detailed in trust deed..........?????? zachary 4:43 PM, 05/01/03 (3) Payments are detailed in the note not the trust deed.. Ward-CA- 5:22 PM, 05/01/03 (0) Payments are detailed in the note not the trust deed.. Ward-CA- 5:22 PM, 05/01/03 (1) I think I understand :-) zachary 5:59 PM, 05/01/03 (0) what about payments detailed in trust deed..........?????? zachary 4:43 PM, 05/01/03 (3) Payments are detailed in the note not the trust deed.. Ward-CA- 5:22 PM, 05/01/03 (0) Payments are detailed in the note not the trust deed.. Ward-CA- 5:22 PM, 05/01/03 (1) I think I understand :-) zachary 5:59 PM, 05/01/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : I know you have given links to sites with lots of contracts, deeds, notes, etc..... : : and I've checked them out but: : : I haven't seen a carry-back trust deed. The deeds that I've looked thru specify all kinds of stuff including payments schedules etc... : : Can you point me in the right direction to where I can find a carry back trust deed that works with the straight-note that you give a seller for the balance of their equity? : : thanks, : : Zachary : =•=•=•=•=•=•=•=•=•=•= : Zachary, : There’s no difference between a regular trust deed and a carry-back trust deed. The term carry-back just refers to the fact that the seller has agreed to carry back part of their sales price in the form of a promissory note and deed of trust that’s secured by the property being sold. : So don’t fret any further. A standard promissory note and deed of trust will do just fine. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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