Trust Deed Investments
Real Estate lending is characterized by making a loan to a borrower who executes a Promissory Note and Deed of Trust (also known as a "Trust Deed" or "Mortgage") encumbering their real property. The Promissory Note is the borrower's promise to repay the loan. The Deed of Trust is a security instrument recorded with a County Recorder's office, creating a lien on the real estate described therein.
A Trust Deed investment occurs when an Investor purchases all, or part of the Note and Deed of Trust. Sundance raises capital for Trust Deeds from private sources such as individuals, pension funds, and IRAs, as opposed to institutional sources such as banks and savings and loans.