Multiple Documents Are Filed on Property - Does One Only Need Deed of Trust(s)
Even when there are multiple documents/deeds for a real estate transaction, the Deed of Trust can be used without need to refer to all other documents. The primary purpose of Real Estate Secrets is to secure chain of title all the way back to the year(s) a treaty was initiated, granting land to the USA.
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Spouse on Deed of Trust But Not Mortgage Loan Documents
If one signed the mortgage, but their spouse only signed the deed of trust, it means one is legally responsible for paying the mortgage loan, while their spouse is considered the primary owner of the property according to the title, as the deed of ...
Can One Quit-Claim Deed The Property After Foreclosure Proceedings
No. Even though the loan was fraudulent and they never lent any money, one cannot transfer property into a trust after foreclosure. No equity = No standing. Once title transfers, the mortgage company has the title to the home and there is nothing ...
Does A Trust Supersede A Will & What If A Will Is Filed With The Courts
The trust is better if one desires to avoid probate. If the Will is filed with the court, the filing will need to be removed; otherwise, the filed Will may be misconstrued as the one's last testament.
Quit Claim Deed into Trust and Tax Implications
What Is a Quit Claim Deed A quit claim deed is a type of deed that transfers ownership of real property from one person to another without any types of warranties. This means that if you receive property via a quit claim deed, you're taking it as it ...
Can One Transfer A Clouded Title / Property Into Trust
Yes, the transfer can still occur via a Quitclaim Deed (sells home as-is). An unpaid mortgage clouds title, but can still be transferred into a trust; however, the loan must be repaid in full to sell the property to any entity who requires financing ...