Real Estate Trust Deed Income Investment Information - First Trust Deed Investing Process

Before Setting Up a Real Estate Trust Deed Investment

As a savvy and responsible investor, we know that you want to review specifics of any trust deed investment before you make your final decision. That is why Diamond Bay will provide you with a detailed investment package including:

Loan summary and synopsis
Borrower financial synopsis
Appraisal from a third-party licensed appraiser
Copy of promissory note
Current preliminary title report
Copy of the Deed of Trust

After Closing an Investment

After you have decided to invest, and the loan has been completed, Diamond Bay will provide you with:

A prorated check covering interest from the closing date through the end of the first month.
A copy of the signed and executed promissory note, the deed of trust and title insurance policy.
A hazard (fire) insurance endorsement showing you as the beneficiary.

Handling all aspects of your trust deed investments, we:

Underwrite quality loans. Our experienced and professional staff is experts in locating top-quality trust deed investments. Employing a thorough and extensive underwriting process, we will arrive at the best decision possible. Appraisals, title reports and other in-file information are always carefully reviewed prior to decision making.
Diligently coordinate all aspects of the title and escrow process. Through continuous communication with the title company, we ensure that proper procedures are maintained and completed at all times.
Service each loan in-house, including monthly payments, disbursements and payoffs; we collect monthly payments from the borrowers and disburse the payments appropriately to the investors.
Impound taxes, insurance and home owner's association dues through our servicing department, ensuring continuous hazard insurance coverage and timely payments. In case of a payment delinquency, we will notify all participating investors, and our servicing department will make all necessary attempts to collect payments. If these attempts fail, we follow strict protocol of the default/foreclosure process.
Handle all foreclosure coordination as well as property improvements and sale arrangements.
Provide current loan status to investors through online access, telephone, email, or fax.

Our experienced and professional staff members are experts in locating top-quality trust deed investments. We are committed to providing you with retirement investing avenues and income-producing real estate investment options. Employing a thorough and extensive underwriting process, we will arrive at the best decision possible. Appraisals, title reports, and other in-file information are always carefully reviewed prior to decision making.

Diamond Bay diligently coordinates all aspects of the title and escrow process. Through continuous communication with the title company, we ensure that proper procedures are maintained and completed at all times.

We service each loan in-house, including monthly payments, disbursements and payoffs. We collect monthly payments from the borrowers and disburse the payments appropriately to the investors.

In case of a payment delinquency, we will notify all participating investors, and our servicing department will make all necessary attempts to collect payments. If these attempts fail, we follow strict protocol of the default/foreclosure process.
We handle all foreclosure coordination as well as property improvements and sale arrangements.
We provide current loan status to investors through online access, telephone, email, or fax.

We are passionate about taking the utmost care to protect your retirement investments and interests. We take pride in excellence and therefore provide all our clients with these comprehensive services as part of their investment through Diamond Bay.

We take pride in excellence and therefore provide all our clients with these comprehensive services as part of their investment through Diamond Bay.