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Hard money commercial loans http://www.lendinguniverse.com/ The escrow instructions should require the promissory note and deed of trust be delivered to you or an in¬dependent custodian on your behalf at the close of escrow. A broker is required to deliver, or cause to be delivered, conformed copies of any deed of trust to both the investor and borrower within a reasonable amount of time after the recording date. If you are purchasing an existing promissory note, the following should be de livered to you or an independent custodian on your behalf at the close of escrow:
Deed of trust
Assignment of the deed of trust
Promissory note
Assignment or endorsement of the promissory note
Title Insurance policy or endorsement of the existing title policy.
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