September 18, 2009--San Diego, California--Exeter Fiduciary Services, LLC, The Estate Planning Team and Robert Binkele are pleased to announce that Franklin Templeton Bank & Trust now offers its Preferred Shareholder Credit Line to Estate Planning Team members' clients seeking to sell highly appreciated assets through a Deferred Sales TrustTM or DST. The credit line will be offered through Franklin Templeton Bank & Trust. With a Deferred Sales TrustTM, buyer and seller are linked to a third party trustee. Title conveys upon closing; funds are then deposited in a trust account.
Access to the Preferred Shareholder Credit Line enables sellers to borrow up to 65% of the value of the Deferred Sales TrustTM note providing the highly prized liquidity aging baby boomers desire. Sellers can use the credit line to purchase other real estate without having to follow 1031 Exchange guidelines.
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Real Estate Agents Get Paid on Deferred Sales Trust Business
Real estate agents can earn commissions on Deferred Sales Trust business generated by the agent. Contact me directly for more detailed information.
That sounds interesting. I have an investor with appreciated real estate and may enjoy the information. I have emailed it to him.