If you get a great offer on your investment property and in order to payoff your loan need to provide the lender with replacement collateral that will pay off the debt and maintain the yeild on the current obligation you need to know defeasing.  

Now if this has gone right over your head don't worry there is a site that will figure all this out for you and will be all you will need when you have to understand defeasing the loan.

Check out the defeasance calculator for the estimate of total costs ..also includes the cost to purchase the defeasance collateral (the government securities) and transaction costs.

Here is the link. 

 

 

1 Comments on Do you know about the Defeasance Calculator?

FEB
01
2007
8 Featured Posts
Good information.  I have not run into this yet, but I'll remember you when I do..
10:47am • #1


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Teri Isner GRI, CRS, CIPS

Orlando, FL

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Keller Williams Celebration

Address: 504 Celebration Avenue , Celebration, Fl, 34747

Office Phone: (407) 467-5155

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