Allied can service monthly, quarterly, semi-annual or annual payments. Included in the service is the required interest
statement at year end and reporting to the IRS. Upon payment in full we will follow the process to the release of the lien.
PROMISSORY NOTES
UNSECURED OR SECURED WITH PERSONAL OR REAL PROPERTY
CONTRACTS OF SALE
ALL –INCLUSIVE NOTES
LEASE AGREEMENTS
RENTAL AGREEMENTS
AGREEMENTS THAT INCLUDE PAYMENT TO THE UNDERLYING DEBT(S)
IMPOUND ACCOUNTS FOR REO DEBT SERVICE
ESCROW HOLDING ACCOUNT FOR INSTRUCTIONAL DISBURSEMENT
BUSINESS CONTRACTS
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In addition, Allied handles Nevada non-judicial foreclosures. Should the payer default in payments and the debt is secured
by real estate in Nevada we can handle the non-judicial foreclosure in most cases.
FORECLOSURE SUMMARY
Allied will act as Trustee to complete a non-judicial foreclosure in case of default on most Deeds of Trust recorded in
Nevada. Foreclosure is the remedy for default for many different reasons which are stated within the deed of trust. If the
payor(s) is delinquent in payments, fails to pay the loan in full at the all due date, fails to pay taxes or homeowners fees
when due, or cancels insurance, the payee may elect to declare a default and begin foreclosure proceedings. The foreclosure
process takes approximately 120 days from the recordation of the Notice of Default to the sale of the property at the courthouse
steps.
Allied Foreclosure Services will ensure that your foreclosure is completed legally and professionally as required by
NRS 107.030. We are local and take pride in our personal service.
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LOAN SERVICING FEES
Straight Note & Deed of Trust |
$100.00 |
All-Inclusive Deed of Trust |
$125.00 |
Contract of Sale |
$100.00 |
All-Inclusive Contract of Sale |
$125.00 |
Lease Agreement |
$100.00 |
Miscellaneous Agreement |
$100.00 |
With Impound Account Additional |
$30.00 |
Impound for Debt Service |
$150.00 |
Escrow Holding Account |
$250.00 |
*Other fees may apply, per the Servicing Agreement. |
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