1419 6th St. | P.O. Box 730
Anacortes WA 98221
Local Number:
Welcome to Trust Accounting Center
Are you involved in a contract that involves payments from one individual to another? Have you recently sold a piece of real estate involving what's called seller or owner financing? Or, have you purchased a note involving a debt obligation?
More importantly, have you seriously thought about what it takes to properly administer such a note? To begin with, you've got interest calculations, remaining principal balance calculations, late notice issuance and secure record storage. Then you've got IRS end-of-year reporting and depositing payments received when you're away. Depending on the situation, there could be other factors to deal with such as allocating payments to more than one noteholder or setting aside reserves to pay insurance and taxes. Do you really want to try to do all that, and can you be sure that you'll do it accurately?
Trust Accounting Center is the one-stop solution for anything and everything having to do with loan servicing. We service all types of non-bank financing such as owner carry-backs, seller financing, promissory notes, private mortgages, mobile home contracts, land and other real estate contracts, In addition, we service loans to family or friends, also called person-to-person loans.
If you are interested in learning more about our services, please contact us. Click here to email or call us toll free at 800-562-2044.
