By PETER ROSENTHAL, President V.I.P. Trust Deed Company Some time ago I authored a column on fraudulent loan applications. I explained my amazement that professional people, i.e. accountants, attorneys, and real estate brokers/agents would risk their profession, huge attorney fees and prison time by assisting clients in submitting fraudulent loan applications. This column addresses a […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company TRUST DEED DISCOUNTS “What is the Current Discount?” I truly wish I had a dollar for every time I have been asked that question over the past 27 years. My response is usually, “That’s like asking a jeweler how much diamonds cost these days”. Obviously, a diamond […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company At the outset, let me make this CRYSTAL CLEAR: I am not an attorney. Though the following is definitely legal advice it is more correctly “communication advice”. In any event, before utilizing this advice you will probably be discussing this with your eviction attorney. As an apartment […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company I’m certain that we have all enjoyed or continue to enjoy the beaches, pier and restaurants in Santa Monica. The best part about Santa Monica is that it’s so close to all of us and that one does not need a visa or passport to visit. One […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company If I could follow my own advice, my rents would have been much higher over the years. Many apartment owners, including yours truly, get to know their tenants over the years and do not adjust rents on a REGULAR basis. By the time we realize the rents […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company Once a year or so, I revisit this subject. EVERY time I write about loan pay-offs, I receive a few calls that go something like this: “I wish I had read your article two months ago; I have just had the exact nightmare”. If you are making […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company Almost everybody reading this article are either making payments on real estate loans or, perhaps, receiving payments on real estate loans. If you’re making payments on real estate loans you’re probably sending the payment in every month and getting a receipt showing monthly interest and principal figures […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company Most of the columns that I write are generated because of real life experiences. When the same circumstances become repetitive I usually devote column space, knowing that the problem effects many others. Some months ago I authored a column about real estate fraud. That column went over […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company As I often indicate, these columns are generated by common daily problems that develop between borrowers and lenders, i.e. trustors and beneficiaries. A very, very common MISCONCEPTION is that the lender has to wait ninety days before starting a foreclosure. No such thing could be further from […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company A customer of mine has been offered a large loan. The borrower owns and operates a farm in Southern California and, frankly, could use a large infusion of cheap money. I have been aware of this ongoing loan for some weeks and had expressed MAJOR CONCERNS that […]