The Helpful Community
The Answers You Need, When You Need Them
INVESTOR'S FREQUENTLY ASKED QUESTIONS
HOW DO I BEGIN INVESTING WITH AVALLONN?
To become an Investor, sign up here. Creating an account is simple. Complete your profile and select property preferences for your portfolio.
CAN A BORROWER RUN OFF WITH MY MONEY?
No. Borrowers never actually touch your money to begin with. After a loan commitment is made, the Lender transfers the money to Avallonn and we pay the bank. The Borrower then begins making payments to you. We keep the original deed to the property, but send you an electronic copy.
WHY DOES AVALLONN KEEP THE ORIGINAL DEED, BUT SEND INVESTORS AN ELECTRONIC COPY?
For the safety of our investors and borrowers, Avallonn retains the original mortgage deed in case of contract breach or other adverse action, up to and including litigation.
WHAT HAPPENS IF A BORROWER STOPS MAKING MONTHLY PAYMENTS TO ME OR MY SYNDICATE?
Failing to make payments is a capital offense in the Avallonn community and we will immediately move for a 24-hour eviction in the District or Circuit Court after 3 months of non-payment. But the Avallonn platform offers an alternative housing option, to circumvent any level of delinquency. If, however, a Borrower fails to pay after the first month, they can be moved to a similar property already owned by the Investor.
IS INVESTING IN FORECLOSURES DANGEROUS?
Like many business endeavors, investing in real estate carries some weight of danger. But Avallonn allows Investors and Borrowers to devise financial plans that are mutually beneficial, while limiting the risk of non-payment.
CAN A HOMEOWNER CANCEL A SALE AND TAKE THEIR HOME OUT OF FORECLOSURE?
No. Only a mortgage lender can cancel a sale and even then, that's only if a homeowner raises the money to repay the lender, which they probably won't.
IS THERE A LIMIT TO HOW MUCH RENT I CAN CHARGE?
Avallonn does not limit the amount of rent investors charge. At the same time, rental rates cannot conflict with a State's usury laws.
DOES AVALLONN LIMIT AN INVESTOR'S FINANCING TECHNIQUES?
No. Investor's can be as creative with financing techniques as they want. We do, however, monitor transactions to ensure fairness and legality.
I CAN'T HELP OUT THE HOMEOWNER, CAN I?
In pre-foreclosure, you can offer homeowners numerous options that you think could improve their situation. Including negotiating a short sale, buying the home in pre-foreclosure, or purchasing during the foreclosure process.
COULD THE FORECLOSURE BE DAMAGED?
No. Avallonn reviews the foreclosing mortgage appraisal report.
DON'T I NEED A REALTOR TO BUY A HOME IN FORECLOSURE?
No. Homes can be purchased from the owner, without the need for a real estate agent.
WHO CAN INVEST ON THE AVALLONN PLATFORM?
Anyone 18 or older.
DO YOU NEED AN EIN OR SOCIAL SECURITY NUMBER?
Yes. All income is reported to the IRS using these unique identifiers.
CAN INTERNATIONAL CITIZENS BECOME INVESTORS?
Yes, but additional documentation is required.
WHAT CURRENCIES CAN BORROWER'S MAKE REPAYMENTS WITH?
Investors can be repaid in a currency of their choice, including a mix of cash and digital money, such as Avoine, Ethereum, or Bitcoin.
WHAT CAN I USE AS
AN INVESTMENT VEHICLE?
Avallonn allows Trust, Mutual Funds, and IRA's to invest on the platform, we simply structure these investment vehicles as private investor entities.