Posts Tagged ‘promissory note’

Know This Real Estate Document Trio: The Deed, The Note + The Mortgage

Real estate professionals are expected to have a lot of information under their belts (and in their heads) to help their clients.

There is there so much new information coming out all the time and keeping that all in our straight can be exhausting and confusing.

Sometimes the things we know best get shoved into that corner of our brains where I’m sure all the unmatched socks go – which is why it is helpful to have a quick refresher on the things we talk to our clients about every day. (Because they often ask, and we don’t want to admit we’ve forgotten!)

Three basic instruments are involved in most financed residential real estate transactions, and knowing which is which and how they relate to each will be very valuable knowledge to provide to your clients.

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