Why do I need a defeasance consultant and why should I choose DefeaseIt?
The need for a defeasance consultant is principally to coordinate the purchase of the portfolio of securities as required by your loan documents. DefeaseIt not only facilitates the purchasing of the most cost efficient pool of securities, we manage the defeasance transaction from start to finish. Unlike many competitors, our business is focused solely on defeasance. Our familiarity with the defeasance and closing process allows us to ensure you transaction closes on time and with cost effectively. DefeaseIt uses proprietary software that finds the most efficient collection of securities to replace the loan and balloon payments. The relationships we have developed with other participants in the transaction allow us to negotiate the most competitive transaction fees in the industry.
