Escrow Advances and Corporate Advances
Most note investors know they own the debt — but fewer realize they may also need to pay the taxes and insurance on the collateral securing it when a.
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What you’ll learn:
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How escrow accounts work on a performing loan — and why a current first lien in front of your second is one of the best forms of passive protection you have
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Why unpaid property taxes on a first lien you own can eventually wipe out your secured position entirely — and what the timeline looks like
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What a corporate advance is — and why running it through your servicer is what makes it recoverable when the loan resolves
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How the per diem rate on delinquent taxes affects your decision about when to advance the payment versus folding it into a resolution agreement
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How attorney fees can qualify as recoverable lender expenses — and why reading your attorney’s invoice line by line is worth the two minutes it takes
Learn notes by pricing one.
Analyze a training loan modeled on a real deal, then submit practice offers on loans that actually sold.
- No credit card
- No email needed to start
- 7 steps · about 70 min
