An “All Inclusive Trust Deed” or AITD is a “Seller Carry” that “wraps” or includes an underlying loan or loans of record. It is usually recorded at the close of escrow with a Grant Deed conveying full to title to Buyer and Title Insurance is issued.

Why would you use a trust deed?

A deed of trust is needed when a traditional lending service (i.e., a bank) is not being used or when certain states require deeds of trust instead of mortgages. Whether you have a deed of trust or a mortgage, they both serve to assure that a loan is repaid, either to a lender or an individual person.

What are all inclusive loans used for?

An all-inclusive loan allows the buyer to reduce the size of their mortgage because they will only need to borrow an amount close to the difference of the property’s sale price and the current balance on the seller’s original mortgage.