Private Lenders and Investors Network

OUR ESCROW ACCOUNT

by Nathan Services LLC Closer; Strategic Consultant
Nathan Services LLC Professional   Closer; Strategic Consultant
In Getting a better ROI, we create an ESCROW account that is interest-bearing whose sole purpose is to close the Commercial Transactions for buying income-producing Real Estate.

 
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Remember; that "WE" are the Bank and "WE" want to close these transactions right away, because we are buying at huge discounts and the contracts are all --->TIME IS OF THE ESSENCE<----contracts.

 

  Which means there is a clause in the contract that requires both buyer and seller to meet specific deadlines of sending funds, information, and performances of acts to bring about a close.  Sometimes in as little as only 30 days.

 
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When we step in as Private Lenders,  we of course charge fees and interest rates for bringing this transaction to a close. This is where we get paid handsomely.

 
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We also earn interest on our money while its waiting in an escrow account that we ourselves have created.

 
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Mar 10th 2011 11:01

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