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 […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company This may seem like a very dry and boring subject, but, I promise you that this information will save you a lot of time, worry, and running around IF you are intending to make a change to the ownership of real estate without going through a regular […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company “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 is priced based […]

By PETER ROSENTHAL, President V.I.P. Trust Deed Company July 23, 2003 Though this is a hypothetical HORROR STORY; it happens all the time. The Kings buy a property from Mr. and Mrs. Jones for $300,000.00. The down payment is $50,000.00 and the seller, Jones, carries back a first Trust Deed in the amount of $250,000.00. […]